Business Plan- Hair Salon - 4365 Words

Hot Heads Salon 1 Hot Heads Salon 1234 Beach Road Boynton Beach, FL 33426 (561) 123-1234 Business Plan Kelly C. Kern Michael Marzelli Misty Smith Entrepreneurship Dr. Lam Nguyen February 1, 2012 Hot Heads Salon 2 Table of Contents Company Information Environmental and Industry Analysis Products and Services Marketing Research Evaluation Marketing Plan Operations Plan Management Team Timeline Risks and Assumptions Community Benefits Exit Strategy Financial Plan Executive Summary Appendices Hot Heads Salon 3 Hot Heads Salon 1234 Beach Road Boynton Beach, FL 33426 (561) 123-1234 Business Plan Company Information Hot Heads Salon is designed to serve the Boynton Beach area with the highest quality hair services for the most economically†¦show more content†¦Complimentary goods are often sold in salons such as shampoos, brushes, and gels or sprays, these contribute revenue and many people purchase things because a stylist recommends them, similar to if a dentist recommends certain toothpaste. Popular industry-wide trends emerging are discounts on children’s haircuts, discounts for men getting haircuts and also getting shaved, and women getting discounts for getting a combination or services such as washing, dyeing, and cutting. Businesses are always exiting and entering the field, which is a testament to their service, good service and you will probably last, bad service and after the word Hot Heads Salon 6 spreads you will be lucky to make it out of the month in business. A multiple of things affect businesses coming and going such as the threat of new entrants, rivalry among competitors, and the threat of substitutes. Since there are so many shops often people can just go to another shop which is why you have to distinguish yourself, with new entrants always around the corner you have to make sure you establish a good location and customer base, this is what will keep you in business and successful. Since shops come by the dozens there is often competition and advertising in other shopsShow MoreRelatedBusiness Analysis : Marketing Strategy956 Words   |  4 PagesCOURSE: Diploma of Business Enterprise UNIT OF STUDY: Marketing ASSESSMENT TYPE: Individual Assignment ASSESSMENT TITLE: PART 2 Student id: 4496643 Student name: Harjot Kaur Sahota Teacher name: Rocco Gargano Table of contents: Executive summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Marketing objectives†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Target marketing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... Proposed marketing strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Marketing budget†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Executive summary: The blush hair and beauty studio (salon) is located in RingwoodRead MoreBusiness Plan Essay examples606 Words   |  3 Pagestype of business you have created including: a. the product or service, and general staffing plan. Provide a rationale for your plan. b. The form of your business and the benefits it offers your particular business, c. A chart of accounts specific to your business, including a rationale as to the selection of each account. (Note: The chart of accounts is a blueprint of your business for the lender/investor. It should report the expected resources that you will consume in your business (assets)Read MoreEssay about Marketing Research844 Words   |  4 PagesIntroduction In almost every business companies look to improve their bottom line, keep existing customers, and make non customers new customers. Several ways to achieve these corporate goals are available. Trial and error is one method. Following the industry and the competition is another avenue is taken. However, there is one way that many companies don’t utilize enough. It is through the process of market research. Take a local hair salon as an example. It is likely they will do plentyRead MoreWhat Is The Best Way / S Promote The Product Or Service? Essay1643 Words   |  7 Pagesabout your salon and the current events going on within your business will actually help customers remember who you are and why they chose you in the first place. Daily posts and updates are a habit that will successfully draw new business to your Facebook pages and eventually to your salon Place:  § What possible distribution channels are there for the product or service? †¢ e-business: The House of hair joins with the famous Booker website, the Demo of Booker to offer the House of Hair customer hasRead MoreEssay on Salon Services973 Words   |  4 PagesIn the hair salon industry there are salon services and retail products that make up the output. Because the services generate most of the salon’s business that is what I will consider as the final output. Possible services include haircuts, hair colors, perms, etc. There are many things that could affect the supply and demand for these services. Peoples income is a huge factor. When the economy is down and people are making less money or dont have jobs, the extras like highlights and hairstylesRead MoreMobile Salon Business Essay1058 Words   |  5 Pagesto the traditional salons to get their hair cut or nails done on the timely basic. By doing mobile salon, we offer customer the convenience of not having to drive to the salon and wait for their turns. Less driving time and more importantly it is a great service to Baby boomers populations who most of the time hesitating of doing too much driving. This service is also attractive to busy people. Mobile salon offers full services hair, nails, facial, make-up and eco-friendly salon which offers non-harmfulRead MoreOur Salon Is A Great Place For College Students1156 Words   |  5 PagesIntroduction This Hair and Nail Salon is a great place for college students to be able to use our services without having to leave campus. Our salon offers hair care services such as coloring, cutting, and highlighting, so students can look their best while attending an amazing university. Our salon also offers nail care services such as manicures, pedicures, and gel, acrylic, and shellac polishes. This salon operates in the retail-service industry in the mid-price range for college students. TheRead MoreHow to Start a Beauty Salon1506 Words   |  7 PagesHow to Start a Beauty Salon Have you always dreamed of being successful in the beauty business? Here s how to launch and establish your very own beauty salon. Small Business Liability Setting up Shop 1. Figure out how much money you need. Starting a business can cost a lot of money, and most entrepreneurs don t turn a profit for the first year or two. Here s what to consider: Franchises under $10,000 Franchises for less than $10K. 100 s of low cost franchises. Franchise.FranchiseGatorRead MoreBusiness Plan: Smart Style Unisex Salon1576 Words   |  7 Pages Business Plan: Smart Style Unisex Salon Abstract The paper is a business plan for Smart Style Unisex Salon. It explains the type of business established and describes the products and services that the company offers, providing charts of projected accounts specific to the business, a chart of assets and liabilities, a pro-forma income statement. The paper describes the impact of the use of IFRS and the GAAP accounting standards. Description of the Business Smart Style Unisex Salon is aRead MoreCosmetology : Professional Skills And Practice Of Beautifying The Face, Hair, And Skin1072 Words   |  5 Pagesfirst haircut, when she heard â€Å"snip, snip, snip!† she knew I was the career for her. Cosmetology is known as the professional skill or practice of beautifying the face, hair, and skin. In cosmetology you must have a license, or a specialty certification, such as esthetician or hair styling license, certifying you can work in a salon to provide such a service. To receive your license, you must go through courses and classes depending on the state. Even though it takes time and money to get certified