Showing posts with label Business Plan. Show all posts
Showing posts with label Business Plan. Show all posts

Monday, June 15, 2015

What to Include in the Personnel Section of Salon Business Plan

Hiring right people for your hair or beauty salon is probably one of the toughest tasks. But, when it comes to attract investors, most of the people who intend to invest in beauty business are very much concerned about the personnel details, i.e. their expertise, experience, repute and so on.

So having a personnel section right in your beauty or hair salon business plan is a great way to go. Here's a rundown of the hair salon and spa employees you're likely to need for the day-to-day functioning of your new business. Note them down and enter the respective information in your business plan:
  • Owner/Operator: You're an employee, too.
  • Salon Manager: It may be tempting to try to undertake all the management tasks rather than hiring a salon manager, but that's not how it is going to work.
  • Hairstylist/Cosmetologist: Depending upon the size of business, you may need more than one. 
  • Salon Assistant: Staff that is not expert, but can carry out small stuff like shampooing, hair drying and assist experts in other possible ways.
  • Receptionist: You need someone to greet customers as well as answers calls and books appointments along with receiving cash from customers and other duties on desk.
  •  Manicurist: For manicures, pedicures and acrylic nail application and tipping and must be a licensed cosmetologist.
  • Aesthetician: This is one of the most skilled people on your spa staff.
  • Massage Therapist. Although an aesthetician can provide many massage services, a massage therapist has a higher level of training and additional expertise.
  • Electrologist: This person provides hair removal services and needs an electrologist license in many states.
The above personnel details cover almost all the services offered in a beauty or hair salon and spa. But you should not fill out your business plan with all of them if you do not plan to take any of them onboard. Just filter the list and complete your business plan.

Thursday, June 4, 2015

Bakery Business without a Business Plan is Nothing More than a Dream

Placing things in writing before beginning just about any business is not just the formality, but an essential to business success.

The way it assists you to determine your goals what and precisely how items to be exercised has no comparison. Proceeding according to the approach lets you leave out the option of losing time period and money.

For this reason you should have a profitable business approach right before starting off the bakery business, no matter precisely how little scale set up you need to have got. This is what we call a bakery business plan.

Below is the list of contents, a good bakery business approach need to have.
  1. Executive Summary (including Mission & Keys to Success) 
  2. Company Summary 
  3. Products 
  4. Market Analysis Summary 
  5. Strategy and Implementation Summary 
  6. Management Summary 
  7. Financial Plan 
  8. Appendix 

To learn more about writing an excellent bakery business plan, getting help of appropriate business plan experts is the best idea. If not, finding a bakery business plan sample or template can save loads of your time and money!

Wednesday, June 3, 2015

Writing Company Summary Section of a Beauty Salon Business Plan

Writing a business plan where it is the first step to cut the knot, is also the most important one. No matter how experience beauty professional you are, when it comes to write the beauty salon business plan, you may encounter various issues, like where to start!

Company Summary is the part needed to be written first. And this is one tricky part, where most of the salon business owners get confused, i.e. what to write and what not to. So here is a quick list that should help you sort things out:
  • What exactly will the beauty salon sell upon commencement of operations, i.e. a wide range of beauty services and products. 
  • What will it set apart from the competition.
  • How much the cost is incurred?
  • Total expenses.
  • Startup Assets.
  • Any Funding you received so far.
  • Liabilities
  • Capital
  • Planned Investment
  • Company Locations and Facilities.

All the above heads that have numeric value can be best represented as a table or chart! Good luck with writing a good company summary for your beauty salon business plan!