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Maido Saloon Business Plan
- 1. Maido Saloon Business Plan PRESENTED BY TEE HING NIAN, LEE KA HOE, LAI CHOON FENG AND YEE ALGEL.
- 2. Business background • Hair beauty saloon. • Service type business. • Located in Subang Jaya SS15. • Provide services include hair cutting, hair styling, dye, hair repair, etc.
- 6. Reason to start this business: Begins the new hair beauty saloon trend.
- 7. Mission& Motto Mission: To supply services and products that enhance our customer physical appearance and release their stresses. Motto: Everything is awesome!
- 9. As we know!!! Hair Cut is a must for everyone
- 10. • Young Man • Old man • Women • Old women • Boy • Girl client = Target Customer
- 11. Segmentation of Hair cut client 53% 46% 1% Hair cut sales Male female other
- 12. 0 5 10 15 20 25 30 35 40 45 50 sunway Taylor's University SS15 Male Female Type of Price earning
- 13. Competitors
- 14. Competitor’s Strengths • Have a lot of professional Cutter • The popularity is very high • Always is customer right choice • Have a lot of model • Have high technology of hair equipment • Have a lot of outlet
- 15. Competitor’s Weakness • Too competitive • Too expensive hair cut service • Always use trick
- 18. Partnership
- 20. Reason • Business will be easy to establish • More capital is available for the business • Have some good partnership • Partnership all have same dream, hobby and goal
- 21. Job scope CEO- Tee Hing Nian Management manager- Lee Ka hoe Marketing Manager- Lai Choon Feng Financial Manager- Algel Yee
- 22. Employer •Two senior cutter •Two junior cutter •One professional
- 24. Service benefits • The first maid’s saloon in Malaysia • All barbers are pretty • Maid theme decoration • Maid costume barber
- 25. Sales strategies • Coupon (discounts & special services) • Hired some sexy girls in front of our shop for starting business 1 month • Make a big and attracting sign board • Run a special event for months ,lottery(3days 2 night trip) • Free drinks
- 26. Pricing services Male female Cut RM25+ RM30+ Cut+wash RM35+ RM40+ Cut+wash+blow RM40+ RM50+ Colour RM95+ Highlight RM80+ perm RM150+ Treatment RM85+
- 27. ADVERTISING • Hired some Malaysia’s artist to make a poster of our shop. • Leaflet • Social Media
- 29. Promotional activities • Half price for hair cut • No charge money for washing hair • 20% discount for dye hair • All shampoo, wax, spray had 10% discount
- 30. Financial plan • Capital of RM575,000 • Bank loan of RM50,000. • Forecast annual sale of minimum RM500,000 with gross profit approximately RM300,000 at year 1.
- 31. Capital invested
- 32. Furniture
- 33. Equipment
- 34. 125000, 21% 125000, 22% 200000, 35% 125000, 22% Amount contributed by all shareholders (RM) AH LAI ALGEL HING NIAN KAH HOE
- 35. Year 1 Cost Analysis 0 20000 40000 60000 80000 100000 120000 140000 Rent expenses Worker's Wages Cost of Goods Sale Equitment Maintance Fees Utility Expenses Bank Loan Interest Expenses RM
- 36. 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 Year 1 Year 2 Year 3 Estimated Sales and Gross Profit in 3years Sales Gross Profit
- 37. References Trend Setters Hair Studio (N.D). Hair and Beauty Salon Business Plan. Retrieved on 3March 2014: http://www.bplans.com/hair_and_beauty_salon_business_plan/executi ve_summary_fc.php#.UyGyCPmSySo Pretty, P. (N.D) Penny’s Hair Saloon Business Plan. Retrieved on 5 March 2014: http://www.ilrc.mb.ca/programs/uedp/BusinessPlanSample.pdf Cravens, David W., and Nigel Piercy. Strategic marketing. 8th ed. Boston, Mass.: McGraw-Hill, 2006. Print. Krajewski, Lee J., and Larry P. Ritzman.Operations Management: strategy and analysis. 3. ed. Reading, Mass. [u.a.: Addison-Wesley, 1993. Print. Michel, Daniel. Business-to-business marketing: strategies and implementation. Basingstoke, Hampshire [u.a.: Palgrave, 2002. Print.