Are you considering starting a Beauty Salon Business and are in need of a beauty salon business plan PDF? if yes, you'll find this free book to be extremely helpful.
This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.
Checklist for Starting a Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
Here’s a Valuable Free Gift for You
This is a high quality, full blown business plan template complete
with detailed instructions and all related spreadsheets. You can
download it to your PC and easily prepare a professional business plan
for your business.
Click Here! To
get your free business plan template
The Single Most Important Ingredient for Business Success
The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.
Sounds exaggerated? Listen to this...
According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.
This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.
Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.
"Why Invent Mediocrity, When You Can Copy Genius?"
That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate it. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?
[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]
Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful Internet based information business. I'm also the author of numerous books, mostly in the area of small business management.
I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.
During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.
Here's what you'll discover in the 'How to Start a Beauty Salon Business' book:
How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.
A detailed manual that will walk you step by step through all the essential phases of starting your business
A complete Beauty Salon Business Plan PDF template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).
All this and much much more.
Success Tip: Setting Goals
Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.
Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.
Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.
Click here! to download your Beauty Salon Business plan PDF book for free
Here're other free books in the "how to start a business" series that may interest you:
Here's a Sample 'Executive Summary' for a Beauty Salon Business plan:
COMPANY NAME is Alhambra’s premier venue for salsa dance, concerts and overall entertaining experience. COMPANY NAME , located at 17 South First Street, is a four-story entertainment venue decorated in a tasteful and timeless 1930's style spot. It's comprised of three components; the dance studio, Lets Dance L.A., a tapas Beauty Salon & restaurant, and various nightclubs on different floors of the building, operating as salsa central.
COMPANY NAME hosts one of the hottest salsa and Latin clubs in the entire Los Angeles area. The club is currently open Friday, Saturday and Sunday nights and features the best Latin musicians from around the world. In addition, it offers early evening and late night dining with a beautiful mezzanine dining room that overlooks the club floor. It’s a great opportunity for guests to view the stellar live band performances and concerts, while dining in fine style. COMPANY NAME has several ballrooms available for fine events such as wedding, banquets and other special rental events. The vast space offers the capability to host three to four events at the same time. COMPANY NAME is also home to L.A.’s premier salsa dance school, Let’s Dance L.A. The dance studio attracts hundreds of students per day who then dine and dance the night away.
COMPANY NAME has been open for the past five years and is the brainchild of Enio Cordoba and Terryl Jones. Enio started Lets Dance LA in 1988. Teaming with Terryl in 1993, they created not just a studio, but a family of dancers, students and friends. Both Enio and Terryl have over 25 years of professional dance experience; as a result, they married their love for teaching dance with nightclub and created the number one salsa dance school in L.A. and premier salsa nightclub. For the past six years LDLA has continuously maxed out at 150 students per class. Since students stay after class to eat, drink and party, the nightclub is an instant success on Friday, Saturday and Sunday nights. LDLA will remain a tenant for COMPANY NAME and with its renowned success, and the new owner’s ideas and experience; COMPANY NAME will become the highest grossing entertainment venue in the Los Angeles area.
The following objectives have been established for COMPANY NAME .
Long-term Objectives:
Short-term Objectives:
COMPANY NAME strives to become a premier night-spot in Alhambra, California for locals who are interested in relaxing with a few drinks in an all around high end atmosphere. Our goal is to be a step ahead of the competition. We combine atmosphere, ambiance, and service to create a sense of "place" in order to reach our goal of overall value in our establishment.
The keys to success in achieving our goals are:
COMPANY NAME is currently located in the city of Alhambra and is proud to offer the most electrifying salsa and concert experience in-town. Our hot spot is presented in a four-story entertainment venue, decorated with 1930's style. Our services are comprised of offering a dance studio, a tapas Beauty Salon & restaurant, along with various nightclubs on different floors of the building, operating as salsa central.
COMPANY NAME is the only nightclub in the city of Alhambra that has been granted a 4am closing time, with the ability to admit under 18 patrons. COMPANY NAME has been operating for the past seven years, and in 2010, new ownership and management will seek a new venture, ensuring its success to continue.
The old adage “location, location, location” couldn’t apply more to the viability of a club. For a club to be successful one must be assured that women feel safe in driving to, parking and entering the building. The two most stated qualities women look for in a club is a safety and clean spacious bathrooms. Female patrons leaving late are always offered an escort to the parking lot. COMPANY NAME is on First Street just off Main and is two doors down from City Hall, the Police Station and two blocks from the Fire Station. The largest parking structure in downtown Alhambra is directly across the street from the Granada, and adjacent parking is located behind the building. The parking structures are extremely well lit thanks to good planning by the Alhambra City Council. The City Manager has raved about our operation and The Planning Commission uses the Granada as a model for other clubs applying for permits.
INSERT NAME is the sole owner of COMPANY NAME , which is a registered Corporation in the state of California.
Table: Past Performance
Past Performance |
|
|
|
|
FY 2008 |
FY 2009 |
FY 2010 |
Sales |
$41,638 |
$1,447,558 |
$1,256,821 |
Gross Margin |
$41,638 |
$1,447,558 |
$1,256,821 |
Gross Margin % |
100.00% |
100.00% |
100.00% |
Operating Expenses |
$72,351 |
$1,308,856 |
$1,157,623 |
Inventory Turnover |
0.00 |
0.00 |
0.00 |
|
|
|
|
Balance Sheet |
|
|
|
|
FY 2008 |
FY 2009 |
FY 2010 |
|
|
|
|
Current Assets |
|
|
|
Cash |
$20,542 |
$34,821 |
$35,401 |
Inventory |
$8,520 |
$9,288 |
$9,000 |
Other Current Assets |
$0 |
$0 |
$0 |
Total Current Assets |
$29,062 |
$44,109 |
$44,401 |
|
|
|
|
Long-term Assets |
|
|
|
Long-term Assets |
$54,887 |
$62,500 |
$70,500 |
Accumulated Depreciation |
$1,000 |
$1,260 |
$1,410 |
Total Long-term Assets |
$53,887 |
$61,240 |
$69,090 |
|
|
|
|
Total Assets |
$82,949 |
$105,349 |
$113,491 |
|
|
|
|
COMPANY NAME is a full-service beauty salon dedicated to consistently providing high customer satisfaction by rendering excellent service, quality products, and furnishing an enjoyable atmosphere at an acceptable price/value relationship. The company will also maintain a friendly, fair, and creative work environment, which respects diversity, ideas, and hard work.
Mission: To supply services and products that enhances our clients' physical appearance and mental relaxation.
To achieve the company's objectives, COMPANY NAME is seeking grant funding in the amount of $150,000. This grant will be attained and used to pay for building expenses, equipment, supplies and inventory of the salon located in Lake City, Tennessee.
COMPANY NAME’s objectives for the first three years of operation include:
COMPANY NAME aims to offer excellent and superior service at all times. Close personal attention to customer is essential to providing a quality experience for customers; therefore, adequate personnel will be hired to ensure each customer has the proper attention in the COMPANY NAME salon.
The keys to success in our business are:
COMPANY NAME will, upon commencement of operations, sell a wide range of beauty services and products. The company will provide quality hair services, along with top lines of beauty products. What will set COMPANY NAME apart from the competition is the company's commitment to providing all of these services in one convenient location.
COMPANY NAME is a sole proprietorship registered DBA by owner OWNER’S NAME in Lake City, Tennessee. Some thought has been given to incorporating COMPANY NAME, but a decision has not yet been reached.
Start-up |
|
|
|
Requirements |
|
|
|
Start-up Expenses |
|
Rent deposit |
$1,817 |
Inventory |
$2,000 |
Equipment |
$75,000 |
Supplies |
$20,000 |
Advertising |
$10,000 |
Insurance |
$5,000 |
Building Expense |
$25,000 |
Total Start-up Expenses |
$138,817 |
|
|
Start-up Assets |
|
Cash Required |
$500 |
Other Current Assets |
$0 |
Long-term Assets |
$0 |
Total Assets |
$500 |
|
|
Total Requirements |
$139,317 |
Reduce fear by eliminating doubt
Buyers buy when you've reduced the threat of buying.
Be
gracious and caring vs. hungry and uncouth.
Never let
yourself be in a situation in which you need business in order to
survive--buyers smell this and run.
Focus on what the
buyer finds interesting about your product.
There may be
22 key features of your service, but be sensitive enough to notice
which 1 or 2 that the buyer indicates -- even subtly - interest in.
Ask questions which get you enough information to
understand the buyer, what they need and how you can help them.
Don't be bashful, but don't be a machine gun,
either-- take an interest in the buyer and bring them out.
Be a walking example of the benefits of your product or
service.
Credibility can be instantly established when
what you have and how you relate exudes the quality and power of
your product or service.
Help the buyer to identify
and feel something they hadn't felt before or for a while.
Most people buy on emotion, then validate/justify this via
information/facts.
Point out what your product will
do and won't do.
Always stress, highlight and be
excited about, the positive but do mention what your product
doesn't do or won't do for them.
Find a way to let the person know that you know who
they are and what they're looking for.
Have a
well-phrased label to describe their situation so that they
get that you get them and it.
Be an expert both in your product, and...
...also in who your customers/user are, what they need, how
they use the product, what problems are solved by the product
and how a new buyer can flatten the learning curve to leverage
value from the product/service.
Don't make cold calls -- always get referred to
prospective clients.
If you're not being
referred by your current clients, then you're probably not
doing as great a job as you need to be doing with them,
but that's fixable!
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