I’m really sorry if this is the wrong forum, I didn’t see a more appropriate one for the topic. I currently receive SSDI & can receive help from a federal program to cover tuition & maybe more, but I have to create a full list of expenses before I can submit my paperwork & receive the funding. I need to get the ball rolling by January because I’ll only be able to save $1200 per month, and need to have about 6k saved to cover half the tuition, before I can start school in May. I even have to be able to explain, in full detail, what I plan to do after I earn my license, even if the program can’t help with the costs of starting a business.
I’m feeling really overwhelmed with having to figure everything out from start to finish, months before I even begin my education! I was hoping I could just work under someone to start out, but it seems most electrologists in my state (Arkansas) work for themselves.
I’m needing to know everything about the costs of starting/running this kind of business. What comes to mind is a business license (like an LLC?), business insurance, cost of equipment, ongoing costs like supplies & renting (a property or space in a salon?), paying taxes. Of course I’ve googled this but most of what I’m seeing only scratches the surface of what I need to know.
It would be an amazing help if anyone could give me an estimate of how much it would cost to start, an idea of what equipment/supplies I will need & where to buy them so I can figure out costs, any costs I may not have thought of. Or where I can look online to learn all of this!