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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 unique in its approach to customer care and will make it stand out among other salons. With the most innovative advancements in hair replacement and other salon services, Herr Haar will stand out from the rest. 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 running since May 2003. But, due to the limitations of his current location, it is necessary to relocate. Herr Haar is seeking a $4,000, short-term (10-month) loan to accomplish our goals. The talent and determination of the owner, with 27 years of experience, is sure to make Herr Haar a continued success.

Herr Haar’s hair services have risen to almost $47,000 over the past six months. This is more than $7,800 per month. The new facility will allow us to accommodate a wider clientele. We anticipate that hair services sales will increase to approximately $10,600 per monthly. This is a very conservative increase. With the addition of a massage area, booth rental from other stylists, increased direct sales of products that we previously recommended, and increased revenue streams, we expect to open new revenue streams. Our 2004 sales goal is $244,000. These forecasts are based both on similar salons in the area and on research done with other stylists/massage therapists in Anytown.

Hair replacement was once viewed with suspicion by many men. 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. Herr Haar is the first to make sure you feel and perform your best.

1.1 Objectives

Herr Haar offers more than a salon that provides excellent hair care products and services in a relaxed, peaceful atmosphere. Herr Haar will create a positive work environment by respecting diversity, creativity and hard work.

1.2 Mission

Our mission, as skilled cosmetologists, is to provide services that are professional and respectful to our customers. Our customers will find all of their hair care and beauty needs in one location. We offer a range of complementary services, including hair styling and bodycare.

1.3 Keys To Success

  • Place #8211 Provides easy accessibility for clients and better visibility to prospective clients.
  • Advertising – will get our name and the concept of Herr Haar out to the public.
  • Unique&#8211 Herr Haar excels in providing high quality haircare and solving more complex hair problems in private consultation.
  • Reputation The stylists and owners have a great reputation with their clients
  • Distinct We have a new location that is visible to the public. This allows clients to come in and not assume they are seeking hair replacement.
  • Customer satisfaction! This is what makes a customer a repeat customer or a friend who recommends us to others.

It is time for a salon that can provide the skills and knowledge necessary to address hair loss issues and daily hair care needs. 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.