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Invested $15K to Start a Barbershop (Was it Worth it?)

Have you ever wondered what it takes to start a 6-figure barbershop business? Bernard Franklin invested $15,000 to start Busy B’s Barbershop, and now he brings in a revenue of $130K a year. He’ll share how he built his barber business step-by-step in this video. Bernard’s uncles and cousins would cut hair in the neighborhood when he was growing up in Atlanta, but he initially took his career in another direction. He first joined the Navy, then went into network marketing before he went to Bellingham Cosmetology School. He’ll share how this early experience in the military and with marketing helped him grow his barbershop, and why he decided to change gears and open Busy B’s. Bernard isn’t just a barber—he’s also a leader in his community, and has won awards twice for his community leadership. We’ll find out how being active in his community has helped his business grow. He’ll also share his leadership style with his team, and how his work in the community translates to an exceptional customer service experience. Knowing how to attract customers is crucial for any business, and Bernard had a head start in those skills thanks to his marketing background. He’ll talk about the marketing strategies that were most successful when he was first starting out to attract his first customers. Today, roughly 80% of his revenue comes from repeat business, and you’ll see how he keeps customers satisfied so they want to come back again. If you’re thinking about opening a barbershop, this video can be an invaluable resource! Make sure to check out our other videos with business owners if you’re looking for more insights: How to Start a Business in 2021 (A Step-by-Step Guide) ►    • How to Start a Business in 2024 (A St...   How to Build a Brand that Scales to 7 Figures (And Beyond) ►    • How to Build a Brand That Scales to 7...   Resources: https://www.upflip.com/academy - Start, Build, or Grow Your Business https://busy-bs-barber-shop-salon.bus... - Find Out More About Bernard’s Barbershop Business Timestamps: 0:00 Intro 1:07 How Busy B’s Came To Be 2:21 Key To Attracting New Customers 3:07 Let’s Talk About Costs 4:29 Advice for Beginners Starting Out 6:00 Tips on Bringing Customers Through the Door 7:24 Overcoming Challenges 9:26 Let’s Talk Numbers 10:51 Make Sure to Avoid These Mistakes 11:57 MUST-HAVE Barber Equipment 13:47 Benefits of Beauty School 14:45 Let’s Tour The Shop! 16:03 The BEST Advertising Options 17:09 HERE’S Where To Start 18:22 Watch For These Expenses 19:10 Blitz Time with Bernard! 21:02 Bernard Wishes He Knew This Before He Started! 22:38 Employee Highlights 24:05 Tips on Choosing the Right Location 24:48 The Importance of These Licenses 25:28 The Benefits of Merchandise 26:47 How To Keep Recurring Clients 27:33 Tour of Bernard’s Office 28:10 The Future of Busy B’s #barbershop #barber #openingabarbershop