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What Are The Steps + How Much Money Do I Need Before Opening Up Shop? | Joe Agnello | CEO + Co-Owner, City Image Barber Shop Chain (10 Locations) | Barber Shop Owner Coach
Manage episode 431295037 series 2930394
İçerik Hatching Imagination, LLC, Hatching Imagination, and LLC tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Hatching Imagination, LLC, Hatching Imagination, and LLC veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
Tune in to understand how much money and credit you need + how to get there so you can open your own spot in the future!
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Key Takeaways
- Startup costs are higher than they have ever been, and landlords are tough post-COVID
- Opening a Barber Shop will cost you about 30k at the bare minimum in a lower cost-of-living area.
- You have to pay yourself when you start your business because you may think your business is doing better than it is.
- Receiving payments in cash may seem convenient, but it's not advisable. Demonstrating a clear income on paper and paying taxes on it is essential for securing loans. Without a documented income, obtaining a loan can be challenging.
- Most of the time, the landlord will not give you anything. You are responsible for everything; this is not a residential rental.
- Do not just listen to one coach, advisor, or influencer. Diversity in perspective will serve you better than buying into just one person.
👉Follow Joe on IG here.
👉Follow City Image Barber Shop on IG here.
The Hairdresser Strong Show is all about Salon Owners, Barber Shop Owners, Rising Stylists, and Seasoned Stylists sharing their experiences, successes, failures, and advice to inform, educate, and empower their Fellow Hairdresser. We won't stop until we are all: Hairdresser Strong.
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