Well, if you are really interested in setting up a small scale beauty salon, identifying the monetary requirements is an essential; just because you should not end up shutting down the business before it blooms.
So, to understand how much money you actually need to start this business, you need to start putting things on paper. That's why a beauty salon business plan is considered to be an essential document to be made ready before starting up.
Right in your business plan, you should have a section may be called the cash flow statement. The cash flow statement will help you list all your expenses and sum them up. That's surely the perfect way to know how much money you will eventually need.
Once figured out the accurate amount of required funding you can raise the money accordingly.
Make sure to include all the costs, like rents, billings etc for at least one year and then the equipment costs, materials to be used and yes the registration and the licensing costs!
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