Hairdressing Salon Business Plan

Hairdressing Salon Business Plan-90
Explanations and/or consultations will be provided on all services and products if needed.Table 2: SERVICES AND PRICES Womens’ Services 2.5 KEYS TO SUCCESS The keys to success in our hair salon business are: Location: Providing an easily accessible location for clients.1.7 The competitive edge of the enterprise is based on its ability to offer a combination of “World Class Services” not currently being offered by any competitor in the area.

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We offer our clients a woman’s club atmosphere, with a complimenting wide range of services and products that include: SERVICES: Hair: Cut and style, one step hair colour, highlights, toner, corrective colour, hair and scalp treatments. Shoe shine: shoe shine services in the waiting room or while services are being performed.

PRODUCTS: Nail fixing, hair care, skin care, and other accessories exclusively for women.

1.6 The financial projections show that the project would overcome all financial instability by the time it matures.

The revenue figures stand at N1, 564,000, 1540800, 1570200 for year 1, year 2 and year 3 respectively.

Also the profits after tax: 620,000, 2025000, and 2450000 for years 1, 2, 3 respectively.

The cash flow position is equally good and encouraging by the second year through the third year.He also gives you a card with a number directing you to the stylist you’ll meet who is free at the moment.If none is free, you proceed to the waiting room but will be notified as soon as there’s a free spot. Forward the card to cashiers desk through one of the attendants and proceed to the relaxation room if you want to for free but can spend a maximum of 15mins.They offer nice services based on information I have but do not offer shoe shinning and a relaxation section where customers can seat after services have been rendered and watch some movies Also, there’s Klean hairdressing salon which due to their location, they have a very small area and also have no parking space.They offer same services but cant compete because they can only attend to 3 women at a time as against 5 customers at a time offered by us due to large space and employees etc.According to Professional Consultants and Resources, a strategic consulting company and salon industry data source in the U.S., the booth rental and chain salon business model continues to consistently beat out independent salons in terms of market share, with booth rental salon stylists now constituting a “large chunk of the market.” Since the odds are that your cosmetology career, at some point, will include working in the booth rental business model, it is important to understand the booth rental concept and what it means to your business. You are your own boss, which means there is no one looking over your shoulder, telling you how to run your business or treat your clients.2.1 VISION This enterprise is aimed at establishing the most highly sought after salons in the whole of Enugu with Damija Trans Ekulu the starting point.My goal, beyond establishing a profitable business, is to render trusted and reliable services to the clients in to the most affordable and attainable comfort.Although this may sound appealing, this type of business model is only successful if you find the right salon and the most effective way to drive your business.Here’s what you will want to know: To understand the booth rental business model, it is important to also understand that all cosmetologists work under one of two broad classifications: In other words, the salon you work for will either hire you as an employee (W-2 employee), which means you will work under the direct supervision of a salon owner/manager, or you will work as a self-employed hairstylist, renting a work station (often called a booth or a chair) in a salon.


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