How to Start a Hair Weave Business
Selling human hair for weaving can be a lucrative business. It is important to have the proper approach to get the results that can make you financially independent. Hair imported into the U.S. is from China and India. Indian Remi hair is the most expensive hair that you can buy; it ranges between $100 to $300 a pack, depending on the length of the hair. Nonetheless, the human hair weaving industry has become a multimillion-dollar business, and many investors are looking to get in. Does this Spark an idea?
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Instructions
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Research the product. Knowing exactly what you want to sell---hair types, colors, lengths and place of hair origin---is essential. All human hair is different and categorized by brand and quality reputation. The hair you choose to sell will determine how much start-up money you will need.
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Prepare to travel. If you decide to sell the finest quality human hair, you or a company representative will have to travel to China or the temples of India to outbid other distributors. This requires large amounts of capital. Human hair bundles sell between $10,000 and $20,000 each.
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Decide how and where to sell. If traveling is out of the question, you may need to contact a wholesaler. Wholesalers are important because they do the traveling for you. Going this route is not as financially satisfying as being your own hair distributor, but it does offer significant returns. Decide how you want to sell---independently or in a retail store. Starting a human hair weave business can be costly and requires enough capital to sustain the business until you reach proper clientele numbers.
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Tips & Warnings
Contacting a wholesaler may be difficult. Finding one in the yellow pages is rare. You may have to do a lot of footwork and traveling to successful human hair weaving businesses and request their wholesaler list. Good networking skills are essential.
Don't get in over your head. Be sure to have enough start-up capital, at least $500,000.
