Business Plan D&D Beauty Salon Essay

7582 words - 30 pages

Executive Summary:D&D (Dreams and Desires) Customize Beauty Salon is a unique salon of its kind. It tends to provide all barberry and cosmetology services under one roof in a unique way. What makes D&D so unique is its distinguish software. The software allows the client to see, realize and evaluate him/herself in a real time. It takes picture of the customer and instantly allows them to perform different functions, such as; try different hairstyles, change hair color, apply different types of facial hairstyle and for girls/women it allows them to apply wide range of makeup as well. The purpose behind such a unique idea is to fully satisfy the hidden needs and wants of the people which usually they are unaware of. Once they have the opportunity to realize and evaluate themselves there is more chance that the customer will leave as a happy customer. So using the same phenomenon we are going into the market with the different slogan "No One Leaves unhappy". As the work of a beauty salon does not ends up here, it requires professional and well experienced staff to provide customers the services exactly what they perceive in their mind and what the software had shown them. For that we are striving to hire two foreign qualified professionals initially. Along with their regular duties they will also train our local beauticians/hairdressers. Our distinctive D&D software will act as a competitive advantage for us, through which we are going to compete with the well established big giants in the beauty clinic industry. As no one in the industry is currently serving the customers with this mind set so it's a kind of gap we have identified and we have prepared a strong strategy to fulfill these hidden needs and wants of the customers in the market. The trend has shown that there is a boom going on in the beauty clinic industry, new salons are opening consistently and the current established brands are generating massive profits, so it's a very good time for us to enter into the market with our unique selling proposition. To achieve our objectives we are seeking additional loan financing. Our capital structure will be 50% equity based and 50% external financing. Our 50% equity will be equally distribute among five owners of the company, however we will take a loan on 19% interest rate from UBL to fulfill our external financing requirement. The initial capital that is required to start our salon is Rs.4079500 hopefully by the end of year _ we will reach our break even. Our projected Income Statement shows that by the end of year 3 we will start earning substantial profits. Overall keeping in mind the industry and market attractiveness we are quite confident that future for D&D Beauty Salon looks quite bright.Company DescriptionCompany IntroductionDream and Desire is a unique kind of beauty salon. It is one of the most innovative beauty salon which is going to revolutionize the entire barberry and cosmetology segment. This is the era of...

Find Another Essay On Business Plan D&D Beauty Salon

Shear Essence Salon: Strategic Position and Risk Assessment

2314 words - 9 pages Strategic Position and Risk Assessment Business Strategy Shear Essence Salon will be a luxurious beauty salon located in downtown Jacksonville, Oregon. Shear Essence’s objective is to provide our customers with quality hair care in a stylish atmosphere that is not only relaxing but also provides our customers with convenience and great customer service. Shear Essence will be offering “One” complimentary drink of the client’s choice from a

Opening a Beauty Salon Essay

1726 words - 7 pages Center, J. C. (2014, February 15). J.C. Commerce . Retrieved from http://jacksonvilleoregon.org/ College, P. C. (2014, April 20). Hair Design. Retrieved from http://www.phagans-schools.com/hairdesign.html NYC, R. 5. (2014, April 11). Retrieved from http://www.redken.com/products/ SBDCNet. (2014). Beauty Salon 2012. Retrieved from Beauty Salon Dusiness Overview & Trents, 2012: http://www.sbdcnet.org/small-business-research-reports/beauty-salon-2012

marketing plan

2488 words - 10 pages Executive SummaryThe purpose of this business report is to provide information necessary for start-up investors to launch Cinderella Carriage, the mobile beauty salon. Cinderella Carriage is going to solve busy women's problem of finding time to pamper and groom themselves in Southern California. Commuter traffic in Southern California is hectic and tiring. According to U.S Census Bureau estimates, of the 15 million Californians who commute to

L’Oreal And The Globalization Of American Beauty

1283 words - 5 pages . The drink will have ingredients that will help woman care for their skin. One more of L’Oreal’s, and Coke’s; creative, marketing ideas! (Brandweek, 2007) Plan of Action: L’Oreal should focus on the aging population. In 1996, the largest group of consumers of beauty products was between 40 and 60. Today, this peak consumption was between ages 45 and 70. By 2050, the number of people over 50 will represent 33.4 percent of the world’s

The United States Hair Care Services

1535 words - 6 pages / College, P. C. (2014, April 20). Hair Design. Retrieved from http://www.phagans-schools.com/hairdesign.html NYC, R. 5. (2014, April 11). Retrieved from http://www.redken.com/products/ SBDCNet. (2014). Beauty Salon 2012. Retrieved from Beauty Salon Dusiness Overview & Trents, 2012: http://www.sbdcnet.org/small-business-research-reports/beauty-salon-2012 U.S., S., & Administration, B. (2014, March 15). Business Licenses & Permits Results. Retrieved

service marketing

1727 words - 7 pages person. Feeling happy with my discovery, I purchased the deal and called to make a reservation. As the phone was picked up, I was surprised to find a man with heavy Beijing accent talking on the opposite of the phone. Having difficulty in communication, "Like a chicken talking to a duck", finally I got my reservation done. The following week, I went to XHR salon which is located at Puchong. It is a salon business categorised under high contact

What is a Cosmetologist?

599 words - 2 pages , education and training, and job duties. According to the The National Accrediting Commission of Cosmetology Arts and Sciences "in January 1999, there were 1,286,000 professionals employed in the nation's 296,563 beauty salons, barber shops, skin care salons, and nail salons. The typical salon is a small full service salon with 5 stations, 2 or 3 full-time professionals and 1 part-time professional. Salon owners report an average of 174 clients

Marketing Research

851 words - 3 pages Summary Hair We Are is a new salon in the city of Boston. Its business model is to have as many chairs and operators as the building could hold. They want to provide a local clientele with a reasonably priced haircut without the frills. Instead of frills, the salon has decided channel money elsewhere. Their plan is to stay open Sunday and Monday, two days of the week many salons close. This was plan was to edge out the competition and cater to

My Career Goals: Work in the Legal Field and Become an Entrepreneur

505 words - 2 pages outside of the doors of my own building, and walking in to my very own hair and nail salon. I feel that as an entrepreneur you have to be willing to take a lot of risks to get to the point in your business that is important to you, because many entrepreneurs in this world today have not succeeded because they lacked a solid and strong business plan. I will do my research and homework when it comes down to my business and I

Salon Services

1076 words - 4 pages regulations salons wouldn’t be as successful and some would probably go out of business. Employees being licensed and keeping up to date with their education only contributes to the salon’s success. The cleanliness also plays a role in the success of the salon and without these regulations and regular inspections salons wouldn’t keep up with it on their own. Works Cited “Beauty Salons Marketing Research.” Marketing Research / Research

Nails On the Fly: Consumer Behavior Issues

1320 words - 5 pages Nails On the Fly: Consumer Behavior Issues PROPOSAL Nails on the Fly would be a small nail salon station located at various airports around the country. It is targeted toward women who are usually traveling due to business and do not have time to get their nails done in town, so while waiting to board their flight can get their nails done. INTRODUCTION This paper addresses consumer behavior matters relevant to the marketing of Nails

Similar Essays

Business Plan For Beauty Products Company

2865 words - 11 pages . The modern dynamic market and economic changes demand for the adoption of a well through of business plan that incorporates the entire business requirements (Pinson, 2004). The Paradise Beauty Centre will be a small enterprise that will focuses on the production and distribution of beauty products in United States of America. The business plan will help the business managers and other employees in understanding the long-term and immediate goals

D. Carlucci, B. Marr Et G. Schiuma : "The Knowledge Value Chain: How Intellectual Capital Impacts On Business Performance"

1016 words - 4 pages : how intellectual capital impacts on business performance » de D. Carlucci, B. Marr et G. Schiuma, s’inscrit. L’objectif de cet article étant de définir un « modèle interprétatif » expliquant les liens de cause à effet entre les investissements en gestion de connaissances et la performance.Pour les auteurs, la connaissance est un capital qui représente une valeur &eacute

A Business Plan For A New Company. Selected The Beauty Industry, Created A Plan For The Start Up Venture

1861 words - 7 pages Executive summaryIntroduction and background to the companyIt is evident that we are living in an ever-changing society. There is a growing awareness in the business world to ensure that products are ecologically sustainable, meeting the needs of the present without compromising the future.With the above view in mind, I plan to set up an ecologically friendly beauty company, selling fragrant handmade cosmetics based on natural ingredients

Shear Essence Salon Essay

1699 words - 7 pages for the 2000 foot square space to be adjusted to a monthly rent of $1400, and leaving a monthly mortgage payment balance of $845.00. Utilities needed and paid for by Shear Essence are listed below:  Pacific Power-Electricity  City of Jacksonville -Water  Charter-Business phone lines and cable $55 Month  Jacksonville Oregon Trash Service, Garbage Manufacturing/Production Plan There will be five full time stylists working at the salon