STEPS ON HOW TO START A BUSINESS
Steps to Start A Hair Company & Wholesale Hair
So far, you have some clues on the best hair wholesale companies and the potential in the business. This is million dollar industry now, the million dollar question is - where do you start? Well, Princess Wholesale has supplied you with simple techniques, some of which won’t cost you a penny..
2. Pick a business name and check its availability
Try picking a name that’s catchy and easy to remember. Stay away from popular names. Pick something unique, such as a family name or name of some cute flower. Type and search on Google and social media platforms to ensure no one else uses the same name. Once you make your pick, go to websites, such as GoDaddy, Shopify, Wix or Square to purchase your domain name. The service will cost around $10-$15. But remember, a domain name isn’t an absolute essential in the business.
***Register your business in your state and apply for your LLC***
3. Create a professional business email
Here, you can open either a Yahoo account or a Gmail account, whichever works best for you.
4. Create social media accounts
Create an account on social media platforms, such as Facebook, Twitter, YouTube, Instagram, among others.
5. Choose a color scheme
A color scheme makes for a professional display. You can choose something that matches your website or packaging color, at least one that will help build your brand name.
6. Get a logo or design your own
Here, you have the choice of a custom logo, which is available for free from most wholesale hair vendors. Plus, you can purchase logos from websites, such as Fiverr, where most go for around $5. Alternatively, you can use photo editing and design tools, such as Canva to create a logo for free.
7. Think about hair packaging
You can settle for custom hair packaging vendors. Alternatively, you can choose to do your own packaging. Sticker Mule is a great website for custom mail packaging.
8. Compare prices and come up with a price list
Choose the price range for your products. Do this by comparing with other sellers, so you don’t go too high or too low.
9. Who is your customer
Know who your target audience is. It will help a lot in marketing, advertising, and promoting your business.