Start & Grow Your Cosmetology Business

Learn the essentials to begin a profitable Cosmetology Business

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With more than a million hair salons nationwide, the cosmetology industry enjoys annual sales of $46 billion. Technically, cosmetics are any substances used to enhance the appearance and odor of the human body. This includes a wide range of body and skin care products from ordinary bathing soaps and toothpaste to designer perfumes and make-up. multiple parts including cutting and chemically treating hair, chemical hair removal without a sharp blade, fashion trends, wigs, nails and skin care, skin and hair analysis; relaxation techniques including head, neck, scalp, hand and feet basic massage and aroma therapies; plus ability to expertly apply makeup applications to cover or promote and can expand into further specialties.

Beauty and personal care performed well over the review period. With trendy lifestyles and increasing adoption of Western culture among the growing young adult population, coupled with a rise in incomes, beauty, and personal care is expected to see positive growth over the forecast period. The rise in the urban female population is also expected to further boost growth, and desire to look good has potentially increased the market. The cosmetics sector in Sub-Saharan Africa is expected to grow over the next two years. Overall, the African beauty and personal care market was estimated at N6.93 billion in 2012 and it currently increases between 8% and 10% per year against a global market growth rate of close to 4%. It was expected to have reached N10 billion in 2017 when the continent’s total population, the fastest growing in the world, passed 1.2 billion inhabitants.

The cosmetology business is easy to start. You can start the business In a small way right from your house. With as low as N25,000 to N30, 000. There are also no regulatory requirements for entry. If you love to style hair, a cosmetology business could be ideal. This opportunity is for anyone with the business savvy and desire to work with people, make-up and hair. When you figure in the costs of product development, business, and marketing you realistically need about #10,000 – #15,000 to invest up front.

The first customers of most are family & friends. However, it is easy to grow your customer base. Your work is your best advertisement. Most people grow their customer base from referrals from satisfied customers. As an individual, you may decide to sell your services from your own retail store, or online, or via local salons, spas, and boutiques.

Cosmetic business is very profitable. A makeup artist is one of the top earners in the entertainment, bridal, and beautification industry. Their level of income is a factor of their pedigree, experience, and network, many makeup artists such as Bobbi Brown, Jürgen Braun, Suzy Gerstein, Lisa Eldridge, and lots more have made plenty of money, and some have even become very well-known and celebrities in their own rights.

Though being a beautician would be an added benefit to starting a cosmetology business it's not necessity. If you like beauty and trendy look, this business fits you.

Everyone wants to look good, which means that cosmetics and skin care products are always in demand. Even during economic downturns, women, in particular, are willing to splurge on a great lipstick or on an effective skin care treatment. Did you know that cosmetics, beauty and personal care products in Africa are a multi-billion dollar business opportunity? If my guess is right, you very likely used soap in the shower this morning and applied some hair and body lotion afterward?

Your business can grow like Oshewabeauty. Oshewabeauty is known for the timeless yet distinguished looks that she creates. For her clients she doesn’t just make the face look beautiful but she recreates a stunning make over and leaves us all in awe of her art. She has mastered a very unique style in Makeup that has made her indispensable in the beauty industry. Oshewabeauty has gained a huge reputation, which still continues to grow in Lagos and all over Nigeria. Oshewabeauty, we think you are phenomenon.

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