Business Plan - Beauty Salon Free Essay Example, 1500 words

Leasehold expansion will sum to roughly $31,400, and salon apparatus will cost roughly $29,000. The salon owner will put in $700 for cash-on-hand at initial date. Initial Requirements Initial Expenses Rental fee deposit $1,716 Others $0 Total initial Expenses $1,716 Initial Assets Cash needed $600 Additional Current Assets $700 Long-time Assets $60,500 Total Assets $65,500 Total Requirements $67,418 Products and Services Stylin Salon is a fashionable full-service salon that will provide a wide variety of services that incorporate: Nails: pedicures, manicures, sculptured nails and polish. Hair: The services will include curling, cuts, shampoo, weaving, relaxers, waving, colors, and conditioning. Skin Care: The services will include Massage, European facials, and body waxing. Strategy and execution summary Proficiency at what the company will do, ensuring a pleasant environment for clients, and good customer service, will be significant to executing the business plan. Competition Strategy Stylin salon wants to set itself away from other similar salons, which can provide only one or two types of services. Maria operated in such a salon, and she realized, through talking with her customers, that they needed all of the services that the company is proposing. They were very frustrated since they had to get their hair made at one salon, and nails done at another salon. We will write a custom essay sample on Business Plan - Beauty Salon or any topic specifically for you Only $17.96 $11.86/pageorder now Even though the hub of Stylin Salon is hair services, the company desires to provide their customers the expediency of these other services in one salon. There are a several salons like the Stylin salon in Oregon, although they are mostly in the very upper classes parts of Oregon and neighboring areas. The company does not have any intentions to compete with these salons. Instead, it wishes to provide an average ground for those customers who cannot quite pay for those expensive luxury salons. The business environment will be a relaxing one where the service providers can pamper be clients. The salon will offer soft drinks to customers as they go in for service. They will position the TVs in the hair-drying and waiting area. Such unique services and comfort encourage more clients (Cressy 15). Marketing Strategy The salon is going to apply a very simple marketing strategy. Contented customers will be the excellent marketing instrument. Once a customer leaves the salon with a different look, she or he is spreading the identity and superiority to the public. The majority of the customers will be recommendations from on hand clients.