I am an IT professional who is also passionate about commmunity transfomation. Key on my transformation agenda is mentoring young people to discover and grow in their God-given abilities and purpose. One way I intend to do this is to create employment opportunities for them. In my free time, when I'm not coding, I'm probably playing a musical instrument, reading a book or working out. I am also a dog lover, and I own a small kennel which at the moments provides employment for one young man. Growing up, my parents instilled in me the value of diligence and hardwork, and I intend to pass this on to others.
Together with a friend, we realized that we have many friends and loved ones that do not have jobs. We realized that much as we may not be in a position to help all of them, we can help as much as we can. We came up with the idea of starting a barber shop. The business is supposed to start at the beginning of 2026, and we hope to have 3 operational stations by the end of the year. We are considering 2 different locations which will informs our capital and operational costs. Our target clients for now are the lower middle class. Below is the breakdown of our tentative budgets.
STARTUPS OPTIONS AND FINANCIALS
A. Low-Cost Setup
Capital Expenses: 110,350 KES
Monthly Operational Expenses: 36,000 KES
Est Revenue: 70,200 KES per month
Profit: 34,200 KES
Breakeven: 3.2 months
B. Medium-Range Setup
Capital Expenses: 212,450 KES
Monthly Operational Expenses: 82,000 KES
Revenue (est.): 218,400 KES/month
Profit: 136,400 KES
Breakeven: 1.6 months.
The goal of this proposal is to raise part of the capital which will go into the rent deposit and one month rent. Monthly rent is estimated at 15,000 KES, hence together with deposit will require a total of 30,000 KES.
The funds are to cater for part of the startup capital of the barber shop, which is rent and deposit. This will total approximately 30,000 KES for the first month. With this in place, our barber will have peace of mind knowing he has a place to work. It will also enable us to do the initial setup in good time to allow the business start its operations as per schedule. This will ensure that we have at least one less unemployed youth by the beginning of next year.
Barber shop
I am an IT professional who is also passionate about commmunity transfomation. Key on my transformation agenda is mentoring young people to discover and grow in their God-given abilities and purpose. One way I intend to do this is to create employment opportunities for them. In my free time, when I'm not coding, I'm probably playing a musical instrument, reading a book or working out. I am also a dog lover, and I own a small kennel which at the moments provides employment for one young man. Growing up, my parents instilled in me the value of diligence and hardwork, and I intend to pass this on to others.
Together with a friend, we realized that we have many friends and loved ones that do not have jobs. We realized that much as we may not be in a position to help all of them, we can help as much as we can. We came up with the idea of starting a barber shop. The business is supposed to start at the beginning of 2026, and we hope to have 3 operational stations by the end of the year. We are considering 2 different locations which will informs our capital and operational costs. Our target clients for now are the lower middle class. Below is the breakdown of our tentative budgets.
STARTUPS OPTIONS AND FINANCIALS
A. Low-Cost Setup
Capital Expenses: 110,350 KES
Monthly Operational Expenses: 36,000 KES
Est Revenue: 70,200 KES per month
Profit: 34,200 KES
Breakeven: 3.2 months
B. Medium-Range Setup
Capital Expenses: 212,450 KES
Monthly Operational Expenses: 82,000 KES
Revenue (est.): 218,400 KES/month
Profit: 136,400 KES
Breakeven: 1.6 months.
The goal of this proposal is to raise part of the capital which will go into the rent deposit and one month rent. Monthly rent is estimated at 15,000 KES, hence together with deposit will require a total of 30,000 KES.
The funds are to cater for part of the startup capital of the barber shop, which is rent and deposit. This will total approximately 30,000 KES for the first month. With this in place, our barber will have peace of mind knowing he has a place to work. It will also enable us to do the initial setup in good time to allow the business start its operations as per schedule. This will ensure that we have at least one less unemployed youth by the beginning of next year.