This business idea is aimed toward fixing a Barber’s shop. the thought is premised on making different hair styles and hair cuts for both males and females. The business features a good market demand thanks to the changing fashion of hair trends among Ugandans especially the youths. The revenue potential is estimated at US$ 2,273 per month which translates into US$ 27,273 per annum . The project cost is US$ 11,582.
BUSINESS IDEA FOR SETTING UP A BEAUTY SALOON
Process Description
Depending on the customer’s desired style or service being sought
for.
Market Analysis
The business features a great market demand in both rural and concrete
areas throughout the year and a better demand during festive
seasons. the main players during this sector include; LA’ Saloon,
Exotic Saloon Kamyokya, Delight Saloon, among others.
Capital Investment Requirements in US Dollars
Production and Operating Costs In US$
Direct Materials, Supplies and Costs
Production costs assumed are for 312 days per annum with a daily capacity of
30 Customers.
Depreciation is charged on electrical equipment and furniture and assumes 2
years lifetime of assets write off at 25% per annum for all assets.
Direct costs include: materials, supplies and other costs that directly enter
production of the merchandise .
Product Cost and Price Structure In US$
Profitability Analysis In US$
Source of Supply of kit and Raw materials
All these equipments and Rawmaterials are often purchased from the
local market.
Government Incentive
The Government is encouraging the fixing of Small Scale businesses through empowerment in sort of Grants.
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