Business Plan For Hair Styling Salon
Added on 2023-05-08
14 Pages3032 Words98 Views
1
BUSINESS PLAN
FOR
HAIR STYLING
SALON
BUSINESS PLAN
FOR
HAIR STYLING
SALON
2
EXECUTIVE SUMMARY
Name of Enterprise: Prince Klin Hair Saloon
Location of enterprise: 10 Douglas Road, Owerri, Imo State.
Total Required Money: N995,000
Owners contribution: N700,000 (60%)
Loan request: N295,000 (40%)
Proposed loan terms:
The loan shall be repaid under a year and six months. And also, the moratorium for the loan shall
be five (5) months.
Recommendation:
The loan and its terms applied above will help with start-up cost and smooth out delays between
expenditure and income as it will be initially difficult to negotiate credit term with lessor.
INTRODUCTION
The enterprise will be a full service provider business entity dedicated to providing high customer
satisfaction by rendering excellent service, quickly products and furnishing an enjoyable
atmosphere at an acceptable price/value relationship.
Every average citizen desires to be the best in outlook, Prince Klin Hair Saloon becomes an upscale
trendy world gentleman’s barber shop that offers today’s classic gentlemen a haven where he can
sit back, relax and experience the “peachy keen” art of grooming and service in a classical world
of gentlemen atmosphere.
OWNERSHIP/MANAGEMENT
Eleribe Uchenna Prince is a grounded innovator and has a lot of experience in the field of salon
services for 8years. Having wanted to enlarge the coast/horizon of his sole proprietorship business,
he decided to co-partner with Chinedu Obinna to pool both their knowledge and financial resources
together.
Chinedu Obinna on the other hand is a trained personality in the field of resources personnel
coupled with her physical and inherent abilities to services, he will co-partner with CeeJee to serve
EXECUTIVE SUMMARY
Name of Enterprise: Prince Klin Hair Saloon
Location of enterprise: 10 Douglas Road, Owerri, Imo State.
Total Required Money: N995,000
Owners contribution: N700,000 (60%)
Loan request: N295,000 (40%)
Proposed loan terms:
The loan shall be repaid under a year and six months. And also, the moratorium for the loan shall
be five (5) months.
Recommendation:
The loan and its terms applied above will help with start-up cost and smooth out delays between
expenditure and income as it will be initially difficult to negotiate credit term with lessor.
INTRODUCTION
The enterprise will be a full service provider business entity dedicated to providing high customer
satisfaction by rendering excellent service, quickly products and furnishing an enjoyable
atmosphere at an acceptable price/value relationship.
Every average citizen desires to be the best in outlook, Prince Klin Hair Saloon becomes an upscale
trendy world gentleman’s barber shop that offers today’s classic gentlemen a haven where he can
sit back, relax and experience the “peachy keen” art of grooming and service in a classical world
of gentlemen atmosphere.
OWNERSHIP/MANAGEMENT
Eleribe Uchenna Prince is a grounded innovator and has a lot of experience in the field of salon
services for 8years. Having wanted to enlarge the coast/horizon of his sole proprietorship business,
he decided to co-partner with Chinedu Obinna to pool both their knowledge and financial resources
together.
Chinedu Obinna on the other hand is a trained personality in the field of resources personnel
coupled with her physical and inherent abilities to services, he will co-partner with CeeJee to serve
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at the showcase outlet services where customers purchase their “after service needs” for self
satisfaction.
LOCATION AND ACCESSIBILITY
The enterprise is located at a strategic position along the Douglas Road for easier accessibility by
its customers and also where the business is clenched to its useful facilities for the upkeep and
smooth running of the business.
AIMS/OBJECTIVES OF THE BUSINESS
Our aim, beyond becoming a profitable business, will be a trusted destination where clients in the
state come, refresh their minds on their outlook and be the best they can be in outlook. Through
this, the mission will be accomplished which is
Mission: creating a serene and stimulating atmosphere where customers relax their body and mind.
Our vision: being the world class philanthropic business enterprise
Our motto: Be good, feel good, look good (3G dimension)
MATERIALS FOR THE ESTABLISHMENT OF THE SALOON
The following are some of the materials/equipment/tools needed for the smooth running of hair
saloon:
i) Dryer
ii) Hand dryer
iii) Flatonging machine/hot comb
iv) Wash hand basin/containers
v) Mirror
vi) Clippers
vii) Chairs and table
viii) Combs, Scissors/Brush
ix) Towels/hander
x) Cream/hair treatments and boosters
xi) Fan and air conditioner
xii) Television and magazines
at the showcase outlet services where customers purchase their “after service needs” for self
satisfaction.
LOCATION AND ACCESSIBILITY
The enterprise is located at a strategic position along the Douglas Road for easier accessibility by
its customers and also where the business is clenched to its useful facilities for the upkeep and
smooth running of the business.
AIMS/OBJECTIVES OF THE BUSINESS
Our aim, beyond becoming a profitable business, will be a trusted destination where clients in the
state come, refresh their minds on their outlook and be the best they can be in outlook. Through
this, the mission will be accomplished which is
Mission: creating a serene and stimulating atmosphere where customers relax their body and mind.
Our vision: being the world class philanthropic business enterprise
Our motto: Be good, feel good, look good (3G dimension)
MATERIALS FOR THE ESTABLISHMENT OF THE SALOON
The following are some of the materials/equipment/tools needed for the smooth running of hair
saloon:
i) Dryer
ii) Hand dryer
iii) Flatonging machine/hot comb
iv) Wash hand basin/containers
v) Mirror
vi) Clippers
vii) Chairs and table
viii) Combs, Scissors/Brush
ix) Towels/hander
x) Cream/hair treatments and boosters
xi) Fan and air conditioner
xii) Television and magazines
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xiii) Generators
xiv) Heater/store/gas
xv) Shampoo/conditioner/relaxers, attachments, weavons of all kinds
xvi) Powder
xvii) Show glass for display
PRODUCT AND SERVICES
Services
Prince Klin Hair Saloon is considered an upscale full services enterprise that reaches the
expectation of its customers through provision of the following;
A serene and stimulating environment for relaxation.
Skillful competent and experienced workers for gainful desired services.
Various services and their prices
S/NO. NAME OF SERVICE(S) AMOUNT
1 Fades 350-1,000
2 Undercut/low cuts 300
3 Medium cuts 250
4 Dyeing 500
5 Shaving 100
6 Other services
Products
Showcase outlet services and products such as: stubble soft shave, razor glide, shave cream,
manual shaving machine, post shave balance balm, men undies etc from renowned reputable
company, which are at an affordable prices.
xiii) Generators
xiv) Heater/store/gas
xv) Shampoo/conditioner/relaxers, attachments, weavons of all kinds
xvi) Powder
xvii) Show glass for display
PRODUCT AND SERVICES
Services
Prince Klin Hair Saloon is considered an upscale full services enterprise that reaches the
expectation of its customers through provision of the following;
A serene and stimulating environment for relaxation.
Skillful competent and experienced workers for gainful desired services.
Various services and their prices
S/NO. NAME OF SERVICE(S) AMOUNT
1 Fades 350-1,000
2 Undercut/low cuts 300
3 Medium cuts 250
4 Dyeing 500
5 Shaving 100
6 Other services
Products
Showcase outlet services and products such as: stubble soft shave, razor glide, shave cream,
manual shaving machine, post shave balance balm, men undies etc from renowned reputable
company, which are at an affordable prices.
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