The True cost of opening a beauty supply store/ industry average/ minimum you can have to open

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  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 80

  • @berhanhagos8514
    @berhanhagos8514 Рік тому +7

    I love how you are so honest and trying to help thank you so much sister

  • @gold4880
    @gold4880 Рік тому +1

    Very informative video thank you so much for the breakdown process and also sharing the responses of other entrepreneurs. GOD BLESS U

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Glad it was helpful!
      Feel freee to email me if you have any more questions or suggestions for future videos

  • @ridethewaves4034
    @ridethewaves4034 Рік тому +2

    You are speaking about BSI also known as UBI. I was considering using them, but I'm really not sure which route I should take. Being prayerful as I am led by God.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Do your research and follow your instincts. I did not mention any names and I would prefer if you did not either.
      Send me an email Beluxebeautysupply@gmail.com

  • @vladimircalderon6872
    @vladimircalderon6872 23 години тому

    Is 30k enough to open a beauty supply store we also thinking of having a braids salon in the back. Thank u this video was very helpful

    • @Beautysupplyinsider
      @Beautysupplyinsider  21 годину тому

      Hello,
      It’s going to be a stretch but definitely possible.
      My advice would be start building your business credit immediately.
      Then focus on buying used fixtures or even getting for really cheap when a store is closing.
      This inventory make sure to use our store start up inventory list to make sure you order only what’s popular in beauty supply stores. With that budget you don’t want to buy inventory that doesn’t sell and just sit on your shelves.
      Having a son is great it’s what I did for my store too it adds in that extra revenue and is a one stop solution for your customers

  • @tashiebeautytv7522
    @tashiebeautytv7522 Рік тому

    Thank u❤ I am looking to start…still researching

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Congrats if you need more help you can always email me beluxebeautysupply@gmail.com

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Did you send your email? We have a really great program that we just launched it would be perfect for you. We are on a mission to create community over competition

  • @RYLEandACE
    @RYLEandACE Рік тому

    Thanks for all this information.
    What kind of insurance did you purchase and how much did it cost?

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      I have a business insurance. The cost of indi insurance depends on how much you are insuring if you have any security measures in place to minimize risk etc
      Just think like your car insurance no one insurance is same depends on your coverage
      If you have more questions or need clarification you can always email me
      Beluxebeautysupply@gmail.com

  • @ninaross1593
    @ninaross1593 Рік тому

    Can you share the person who did your signage for your store?..and who does line of credit

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Easy signs +1 (630) 448-0175 they are in Hanover park Illinois
      Line of credit most banks use your business bank

    • @ninaross1593
      @ninaross1593 Рік тому

      @@Beautysupplyinsider thank you thank you...may you be bless a 1000 fold.. I plan on taking a trip to your store once it gets spring...I making some aslie signs too.. thank you so much for sharing. You are the shining light...

  • @Michelle-jp3ip
    @Michelle-jp3ip 8 місяців тому

    How did you research for the best vendors?

    • @Beautysupplyinsider
      @Beautysupplyinsider  8 місяців тому

      Hey I have been in the industry for a long while I know what’s trending , what’s selling , what’s popular in certain states etc so we compile a list of all that .
      We have a vendor list for main beauty supply vendors for $4.99 and the ultimate beauty supply vendor list is $297

    • @Beautysupplyinsider
      @Beautysupplyinsider  6 місяців тому

      Here is the link for the Ultimate beauty supply vendor list
      www.beautysupplyinsider.com/all-inclusive-beauty-supply-vendor-list-for-6-figure-stores

  • @thisandthat1523
    @thisandthat1523 Рік тому +3

    I looked you up yesterday. I prayed you had not closed shop. Great👏🏽.
    I'm a Kenyan in the US keenly following. About to open a few stores in Nairobi with US Head office. Will def get in touch. Prepare your invoice book.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      Hey, that’s a great plan. Business is very busy during summer, I took a break from posting. I also took a maternity leave during that time.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Hello did you get started on your journey to financial freedom?
      Did you send your email? We have a really great program that we just launched it would be perfect for you. We are on a mission to create community over competition

  • @karengarrett6203
    @karengarrett6203 Рік тому +1

    Where do you get your aisle signs

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +3

      I design n print via canva then buy the mounting stuff off Amazon

  • @lifewithleahbeauty
    @lifewithleahbeauty 9 місяців тому

    Interesting

  • @nyajuokskitchen9683
    @nyajuokskitchen9683 Рік тому

    Can i get more information on how to start this please 🙏

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Here is a great start. Download a free business plan template for beauty supply stores and a free vendor list and resources to get you started just help us pay for handling costs
      HTTPS://www.Beautysupplyinsider.com/freevendorlist
      Also send me an email to book a free 30 min clarity call beluxebeautysupply@gmail.com

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Book a complimentary clarity call
      calendly.com/beluxebeautysupply/beautysupplyinsider

  • @Lil_chop_parkview
    @Lil_chop_parkview Рік тому +1

    Thank you for the info.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      You’re welcome if you need more information just leave me a comment

  • @sammysam6336
    @sammysam6336 Рік тому +3

    thanks very helpful video
    but you didn’t mention how to find beauty supply location😊

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +2

      Good point I will do a follow up on finding a location soon. Check back in a month

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      Hello there is a video posted on the channel on how to find a location

  • @EndleebeautybyDee2003
    @EndleebeautybyDee2003 Рік тому +1

    Hey sis thank again for all, this is what I want a beauty supply/ salon

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      I have same set up and absolutely love my store and it’s growth. The salon has so much added income makes it all worth it.
      If you need assistance reach out to me beluxebeautysupply@gmail.com

    • @EndleebeautybyDee2003
      @EndleebeautybyDee2003 Рік тому

      Ok sis I will

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      @@EndleebeautybyDee2003id you send your email? We have a really great program that we just launched it would be perfect for you. We are on a mission to create community over competition

  • @ninaross1593
    @ninaross1593 Рік тому +2

    Does Ebin offer good wholesale prices.. they only give me 10 percent off

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Yes I order directly from ebin it’s about 50% off

    • @ninaross1593
      @ninaross1593 Рік тому

      @@Beautysupplyinsider really. I'll call again. They have me use my name as the coupon code and receive 10 percent off. Thanks for getting back to me..are you going to Bee show beauty expo in March..ATL is have one too and the Hair Show...

    • @Melissa-b2o7s
      @Melissa-b2o7s 8 місяців тому

      You have to order min like$700 to order. I never ordered online. You need a wholesale account . I order through a rep and minimum is $1400. My Ebin bill is usually $4k monthly w/30 day term auto ach debit., but I’ve been a customer for years. I used to order $6k a month. @@ninaross1593 only thing about Ebin is they require u to order like 12-36pcs per item. Like a small lace bond spray, I think the minimum requirement is 36 pcs per color(red yellow black) per size, it can get pricey.

  • @deekay7453
    @deekay7453 Рік тому

    What did you say is the POS system you use?

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      It’s called Epos Now
      eposnow.referralrock.com/l/1BELUXEBEAU14/
      Here is the link to get more information about them

    • @ninaross1593
      @ninaross1593 Рік тому

      I have POS nation.. and I choose them because they specialized in retail..but I hate that it is not cordless..

  • @Kr8tiva
    @Kr8tiva Рік тому +4

    I know this Institute, they screwed me up.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +2

      I am so sorry you had to go through that. I know a few more people who unfortunately went through an institute that was supposed to help them instead they took the money and under delivered.
      If you would like to share your story please send an email to Beluxebeautysupply@gmail.com I am compiling similar experiences that I will share in the future your identity will remain anonymous and hopefully we help someone else not to fall victim.
      I hope you still managed to realize your dream.

    • @Kr8tiva
      @Kr8tiva Рік тому +1

      @@Beautysupplyinsider They killed that dream. I wasted money. They sound nice until they get your money. I am willing to tell my story.
      I am now trying to open a braided wig store. Get a good store and a good location hasn’t been easy.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      @@Kr8tiva I am so sorry. Send me your email or email me, that’s brave of you to share your story. Someone needs to take them down they are not here to help anyone just looking to put money in their own pockets

    • @ridethewaves4034
      @ridethewaves4034 Рік тому +2

      🙄So glad I found this video. That's who I considered using.

    • @latravitiasorrell4330
      @latravitiasorrell4330 Рік тому +2

      BSI screwed us over too!! Took our money and we had to fight hard to get most of it back!! They did us so wrong!!! We would never go through them again!!

  • @samanthabarker9526
    @samanthabarker9526 Рік тому

    I am currently in the process of trying to open a beauty supply store in Austin tx. I am actually goin😂g through an organization but it is the hardest working with these people. I am just trying to still encourage right now that everything will work.

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      My prayers for you. I have heard horror stories and nightmares trying to recoup money paid . I always say here don’t give money to just anyone make sure you are paying the actual vendor so you can get inventory sent to you.

  • @Yea_itsTia
    @Yea_itsTia Рік тому

    Do they got eco ?

  • @fadilahi8629
    @fadilahi8629 Рік тому

    🙏

  • @sammysam6336
    @sammysam6336 Рік тому

    Is 2500 Sf enough for beauty supply store 😊

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      Yeees that’s a great amount of space
      Make sure you use all your wall space

    • @sammysam6336
      @sammysam6336 Рік тому

      thank you much😊

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +1

      @@sammysam6336hello did you open your store? Did you send your email? We have a really great program that we just launched it would be perfect for you. We are on a mission to create community over competition

  • @wilenevoltaire690
    @wilenevoltaire690 Рік тому

    Good afternoon i hope your family doing good
    can i asked how did you fund your business ,did you save money or did you open a business credit please let me know

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому +2

      Mostly savings, personal loan and after a year in business we opened up two business lines of credit

  • @ninaross1593
    @ninaross1593 Рік тому

    Please can I have the number of your signage person...I need them

    • @Beautysupplyinsider
      @Beautysupplyinsider  Рік тому

      Sure easy signs
      +1 (630) 448-0175
      Let them know Kate sent you. You will get a good deal