20,000 taka of capital, 30,000 taka of training
She started on 20,000 taka borrowed from her brother, while a three-month course alone cost 30,000. Planned in 2006, registered and expanded in 2009.
This woman entrepreneur in Kanthalbagan, Dhaka began planning a parlour in 2006 and registered and expanded the business in 2009. Her starting capital was 20,000 taka borrowed from her brother, while a three-month course at a parlour in Eskaton cost 30,000 on its own, with a further 3,000-5,000 taka for each specialised course after that. Her family, and her husband, opposed the idea of her opening a parlour. She later added a boutique line of cosmetics brought in from India and goods from Islampur, giving her a second stream of income. Finding and keeping skilled beauticians, she says, is still the hardest part.
Lessons
- 1.Training can cost more than the starting capital itself, so budget the courses as a separate line
- 2.Even once a parlour is profitable, staffing is the constraint: skilled beauticians are hard to find and harder to keep
Published with the person's permission, without revealing who they are.
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