Business Plan Pitch: Inspiration Hair Art Ltd - First 12 Months

This assignment presents a business plan pitch for Inspiration Hair Art Ltd, a hairdressing academy and salon. The plan outlines the company's mission to provide educational programs and skilled entrepreneurs in hair designing, addressing the problem of limited professional stylist services. It details the target market, promotional strategies, and competitor analysis. The business model includes financial projections, service descriptions (hair, nails, skin care), and courses (NVQ levels 2 & 3). Key milestones, team members, and financial overviews (cash flow, expenses) are provided. The plan concludes with a summary of the business aspects and references to support the plan.

Business Plan Pitch for
Inspiration hair art ltd

INTRODUCTION
 The assignment is about the business plan for the inspiration hair art limited. It is the hair
dressing academy centre.
 Business is going to launch the hair dressing academy, a training centre by expanding its
business from hair salon.
 Apart from this it will introduce the hairdressing courses for those who are interested in
hair designing. The assignment will provide the mission of the company.
 It will also provide the deeper insight of the list of competitors which in future can
provide the effect on to the profitability of businesses.

The Objectives of the inspiration hair art
limited are
 To insure that the student has developed the required eye-hand coordination and
practical skills which are necessary for a high level of technical proficiency.
 It will render a academic program to the personal ambitions and skill students
perusing aim within the hair dressing and beauty vocation
 Giving an academic program to gratify personal ambitions and skills of students
pursuing aims within the Hairdressing and beauty profession
 To come up with the best curriculum with the basics of hair dressing, other
techniques which will be beneficial in the profession.
 To run the business in ethical and educational surroundings that serve the
community.

Mission
 The mission of the hair dressing training academy centre is to provide
educational programs to the person who is interested in perusing their career in
hair designing.
 Another mission for the business inspiration of hair art limited to give birth to
the skilful entrepreneur who can provide the meaningful contribution to the
society.
 Being a training provider venture will to teach each learner as individual where
they learn style and success will be our mirror.

Problems and Solutions
Problems
 The problem of not having a hair dressing academy training centre for those who are
interested in hair designing courses.
 A community have very few professional stylist services.
Solution
 Business hair art limited is providing the affordable services to the local community for
the training to learn hair dressing or designing.
 They provide the professional stylist services to the local community.
 The opportunities for the employment to the people of that community.
 It will provide a full service dedicated by giving NVQ level 2 & 3.

Markets
Target market
 Inspiration art limited will target the market each of the three groups separately.
The males will be targeted by rendering a fast, affordable and favourable services.
 The major target market of the hair inspiration training centre academy will target the
secondary schools where students are about to leaving the schools and ready to chose
their carriers.
 The inspiration hair art limited will provide the training to the interested student who will
enrolled themselves in academy.
 The target market will be the person of the age between 17-45.

Promotional strategies
To promote themselves following strategies The inspiration hair art
limited can adopt these strategies-
 Contest
 Social media
 Traditional advertising (television, radio, newspapers, magazines )

COMPETITORS
However, seeing the increase in changing the trends it can be said that in future the
inspiration hair art limited may be have their competitors such as franchised quick salon or
independent salon.
The competitor of the hair dressing training centre is other hair designing institute
which have already hold the strong position in the market and very popular. Such as Kevin
fortune hair dressing academy, Layton Sixth form college etc.
Therefore, there are already many well established academy in the city like
universities of the arts London, Manchester college which already hold the strong position

Business models
 Business models includes the all the financials of the inspiration hair art limited.
 Goal of The inspiration hair art limited is to be a profitable for the business at the
beginning in the first month.
 Business do not wait for the much clients because the inspiration hair art limited involves
the professional stylist which already have the client base.
 The inspiration hair art limited have forecasted to get an annual revenue of £81,500 at the
of the year and were expecting the increase of 5% by the end of year two
 To convert the forecasted sales into actual sales The inspiration hair art limited will go
for the various pricing strategies which includes premium pricing, penetration pricing,
economy pricing, skimming strategy.

Service Description
 The inspiration hair art limited is the service providing organization which provide
services at the very affordable price.
 They will render the service of hair which involve cuts, colors, shampoo, conditioning,
weaving, reconstructing, relaxers, perms, waving etc.
 Nails: Manicures, polish , pedicures , sculptured nails.
 Skin Care : body waxing, massage, European facials.
Apart from these services the inspiration hair art limited will introduce the courses for the
students or the one who is interested in hair designing which include
 Course of NVQ level 2 hairdressing qualification
 Course of NVQ level 3 hairdressing qualification

CONT…

Milestone
 The inspiration hair art limited will have various milestone early on
 Completion of business plan : This will be conducted as a roadmap for the
organization.
 Set up of institution
 Exceeding of revenue
 Profitability