Startup cost: $300 - $5k

Setup costs for a barbershop business can range from $300 to $5,000, depending on the scale and quality you aim for. At a minimum, you would need essential tools like clippers, scissors, combs, capes, and chairs, which can be acquired second-hand to keep costs low. Optional expenses may include investing in high-quality equipment, stylish decor, and premium grooming products to attract more clients. Hidden costs may involve licensing fees, insurance, and permits, which vary by location. Online discussions suggest that initial expenses can seem manageable but may increase as you invest in upgrading your space and services. For a friend looking to take this seriously, I would recommend budgeting between $2,000 to $3,000 to cover initial setup costs and ensure a decent starting point for the business.