Big question. Many answers that depend on your situation.
1. Buy a salon %26amp; equipment that is already open and running.
2. Start from scratch to find space, equipment, etc.
3. But rememeber, unless you have customers already, opening a salon will not bring you enough business in the beginning, but add financial burden.
My suggestion is: Work for a salon until you have contacts and loyal clients, AND enough money to pay bills and stay open for 6 months.
After my sister worked and earned a loyal customer base, she bought equipment and put her salon in her home. But without loyal clients, nothing works.
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