Beauty Slam: Unisex Beauty Salon Business Plan

BUSINESS PLAN
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EXECUTIVE SUMMARY
Beauty Slam will be established as a unisex beauty salon that will aim to offer various
beauty and grooming services to their male and females customers along with various beauty
products. The business will be operated under a partnership mode of business. The business
owners are Laura Jones and Will Smith who have been into the beauty and service industry since
a long time. During their work experience, they have realised that customers aim to access all the
basic services professionally at one place rather than visiting a different salon for a different
service. Hence Beauty Slam will aim to provide various beauty services along with some
premium beauty products under a single roof. The focus of Beauty Slam will be to offer various
beauty services at an affordable price in order to serve customers from middle class income
groups unlike the luxury salons that charge high prices to target only a specific or higher income
group of the society. The beauty salon will aim to provide a relaxing atmosphere to their
customers in order to provide them mental relaxation and satisfaction from the various clients.
The salon will have a soothing atmosphere with soft music to relax their customers.
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Table of content
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
BUSINESS DESCRIPTION............................................................................................................4
BUSINESS STRUCTURE..............................................................................................................4
PRODUCT OR SERVICE DESCRIPTION....................................................................................4
MARKET ANALYSIS....................................................................................................................4
OPERATIONS.................................................................................................................................6
TECHNOLOGY PLAN...................................................................................................................6
MANAGEMENT AND ORGANISATION....................................................................................7
SOCIAL RESPONSIBILITY AND SUSTAINABILITY..............................................................7
DEVELOPMENT, MILESTONES AND EXIT PLAN..................................................................8
FINANCIAL DATA........................................................................................................................8
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BUSINESS DESCRIPTION
Beauty Slam is a beauty salon that offers full beauty services to their clients. It is a
Unisex salon that will aim to offer consistent higher satisfaction to their customers. Beauty Slam
will facilitate high class service and best quality products along with a fully furnished warm and
soothing atmosphere. The organisation will aim to provide best services and products at
affordable prices. Beauty Slam will make immense efforts in order to enhance the physical
experience along with providing mental relaxation to their customers (Cadena and et.al., 2020).
BUSINESS STRUCTURE
Beauty Slam will be a unisex salon that will operate under a partnership business
structure. The partnership business will be formed and operated by Will Smith Jr. and Laura
Jones. The partners have a good experience in the beauty industry of more than 10 years and as a
result they have a huge customer base due to their hard work and capable skills. Beauty Slam
will have a skilled team of beauticians that will help the business to be more successful. The
organization has expected that the business will grow along with building its unique image in the
market. The business will consist of 2 Stylists, 2 barbers, a receptionists and the owners in order
to operate smoothly.
PRODUCT OR SERVICE DESCRIPTION
Beauty Slam will aim to provide a wide variety of beauty products and beauty services.
The services of Beauty Slam include providing high quality hair, skin, make up and nail services
as well as beauty products. The Beauty Slam will operate in order to compete in the beauty
industry along with their commitment towards their work at an appropriate location. The salon
business will provide various services such as designer haircuts, manicures, pedicures along with
various grooming services at quite affordable prices to males as well as females (Gabler and
et.al., 2017).
MARKET ANALYSIS
The target market of Beauty Slam will aim to target all the males and females that are
skin and beauty conscious and also possess a consistent source of income. The target market has
a huge share of female clients but the focus is also upon increasing the number of male clients in
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