From detailed trims to hair colouring and surgeon-precise beard styling, barbershops play a fundamental role in helping the individual in all of us shine. That said, each head of hair presents a unique set of challenges and requires a calculated approach. For instance, some clients prefer to maintain a generous length, and others like their hair neatly trimmed.
Identify the legal business description of the barbershop, such as a sole proprietorship or partnership. Include a brief review of the barbershop industry, its economic trends and forecasts.
Identify the location of your barbershop and list whether you will own, rent or lease the location. Include a list of equipment and inventory that you will need for the shop, such as cutting chairs, trimmers and mirrors, and include the costs for each.
Determine the number of staff members that your barbershop will require for efficient operations. Identify if those staff members will be employees or contractors and ascertain if these members will work full or part time hours. Identify and list the cost of employing each staff member, including any applicable benefits or training that your business will cover for the staff members.
Develop a marketing plan for your barbershop business. Identify the products and services that your barbershop will provide, including the haircuts, specialty services and supporting hair products. Identify the target market of your business and explain the methods that your barbershop will use to attract and retain its clientele.
Complete the financial portion of your barbershop business plan. Include a personal financial statement, balance sheet, income statement and cash flow statement.
Complete a personal financial statement for each owner of the barbershop. Provide accurate information and figures when completing these statements and include supporting documents to verify the information, such as tax statements, receipts and bank statements.
Complete a two- to three-page executive summary for your business plan. Use the executive summary to introduce your business and the information within the plan. Highlight some important aspects of your business.
Include the amount of your loan request, if you are seeking financing. Place the executive summary at the beginning of your business plan. End your business plan with any supporting documents that you have to verify the information within the plan.
List the documents in order, as they would appear in the business.
Label each document clearly for easy reference. Along with supporting financial information, include documents, such as zoning approval documents, leases, tax statements and compliance letters.40 best of business development action plan template template free small lawn care business plan sample the landscapingnd startup guide business plan template for.
Business License will allow the company to open and maintain a commercial bank account. The cost for business registration is reflected in the financial projections of this plan. This Small Business Plan Sample will help you write your business plan in the correct manner. You will get to see what a business plan .
Barbershop Harmony Society Vision: To be the premier membership organization for men who love to sing. Barbershop Harmony Society Mission: Implementation of this chapter business plan supports the mission of the organization and will position the chorus to enjoy optimum success.
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