Hair Replacement and Salon Business Plan

Hair Replacement and Salon Business Plan

Herr Haar offers complete service and is committed to quality services. Herr Haar is different from other salons in Anytown due to its unique approach to caring for clients. Herr Haar will stand out among the rest with its innovative hair replacement and other salon services. There are no other businesses in Anytown that offer an effective solution to hair loss. Herr Haar’s experienced cosmetologists are committed to filling this niche.

Herr Haar has been operational since May 2003. However due to limitations in the current location, Herr Haar must move. To achieve our objectives, Herr Haar is seeking a $4,000 short-term (10 month) loan. Herr Haar will be a success because of his 27-years of experience and talent.

Herr Haar has reported hair service sales of nearly $47,000 over six months. This is a total of more than $7800 a month. We expect sales of hair services to rise to about $10,600 per months in our new facility. This is an extremely conservative increase. The new facility will also allow us to create new revenue streams by offering a massage room and booth rental from stylists. We also plan on increasing direct sales of products we recommend, which will bring our total sales goal for 2004 to $244,000. These forecasts have been based on comparable salon performance and research from other stylists and massage professionals in Anytown.

Hair replacement used to be viewed as something that was only done by men in the past. Herr Haar’s professionalism and integration hair replacement into a wider variety of hair, skin and other care products will make this a valuable service for the busy, successful man. You must feel your best to perform at your best. Herr Haar is the first step.

1.1 Objectives

Herr Haar provides more than just hair services. They also offer quality products and excellent hair care in a relaxing environment. Herr Haar is committed to creating a work environment that encourages creativity, diversity, and rewards hard work.

1.2 Mission

Our mission is to provide skilled services, through talented cosmetologists, that give our customers the dignity and self respect needed to be successful in the world today. We also offer complementary services for hairstyles and bodycare at the same location to allow our customers to have one place for all of their hair- and bodycare needs.

1.3 Keys to Success

  • Location Offers clients easier access as well as increased visibility to potential clients.
  • Advertising The public will see Herr Haar’s name, and our concept.
  • Unique&#8211 Herr Haar excels in providing high quality haircare and solving more complex hair problems in private consultation.
  • Reputation &#8211: The stylists and owners enjoy a strong reputation with their existing clients
  • Discreet Our new, better-located location has a range hair and bodycare services. Clients who visit our new location cannot assume that they are in search of hair replacement.
  • Customer Happiness! This is the most important aspect of whether a once-off customer becomes a regular customer and refers us to friends.

A salon that provides both the knowledge and skills to deal with hair loss and regular hair care issues is now the right time. This business is a testament to the hard work of the owner and the sincere desire of each skilled cosmetologist who works with Herr Haar, to continually improve their knowledge.

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