Trend Setters is a new full-service beauty salon opening in MyTown, Texas. It will offer hair, nail, skin, and massage services. The owners have experience in the industry and plan to leverage their reputation to attract new clients. Trend Setters will differentiate itself by being conveniently located and offering multiple services under one roof. The owners have secured a prime location and are seeking a loan to fund build-out costs and initial inventory. Financial projections estimate growing sales over three years through marketing primarily by word-of-mouth and a focus on customer satisfaction.
This is the presentation file used in the final for the Spring of 2004 J.H. Muller Undergraduate Business Plan Competition during Babson College's annual Founders Day event.
If you are planning to start a new Jewelry business, the first thing you will need is a business plan. Use our Adornet - Jewelry business plan example created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new Jewelry business, spend as much time as you can reading through some samples of Retail Store Business Plans.
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We have created this sample Jewelry business plan for you to get a good idea about how a perfect Jewelry business plan should look like and what details you will need to include in your stunning business plan.
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This is the presentation file used in the final for the Spring of 2004 J.H. Muller Undergraduate Business Plan Competition during Babson College's annual Founders Day event.
If you are planning to start a new Jewelry business, the first thing you will need is a business plan. Use our Adornet - Jewelry business plan example created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new Jewelry business, spend as much time as you can reading through some samples of Retail Store Business Plans.
Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Jewelry business plan for you to get a good idea about how a perfect Jewelry business plan should look like and what details you will need to include in your stunning business plan.
Before you start writing your clothing line business plan, spend as much time as you can to reading through some samples of retail and online store business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample Blozom Boutique clothing line business plan example for you to get a good idea about how a perfect clothing line business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/clothing-line-business-plan-example
A business plan that could help others discover how actually business plan is written having various topics like industry analysis, market analysis, etc in it.
I was asked to prepare a full business plan for a made up company. The company is called Cyber Style and is a web-based graphic tee design company. The marketing implications as well as business practices are included in this presentation.
Business Plan Presentation- " Beauty Salon Parlor "Kazi Reaz Rahman
This Presentation in showed the Business Plan to " Beauty Parlor " name "Beauty Salon Parlor"
I am Kazi Reaz Rahman, Student at University Of Asia Pacific
Dhaka, Bangladesh.
A business plan that could help others discover how actually business plan is written having various topics like industry analysis, market analysis, etc in it.
I was asked to prepare a full business plan for a made up company. The company is called Cyber Style and is a web-based graphic tee design company. The marketing implications as well as business practices are included in this presentation.
Business Plan Presentation- " Beauty Salon Parlor "Kazi Reaz Rahman
This Presentation in showed the Business Plan to " Beauty Parlor " name "Beauty Salon Parlor"
I am Kazi Reaz Rahman, Student at University Of Asia Pacific
Dhaka, Bangladesh.
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Simplicious Bakery - The First Year Marketing Plansimpbakery
Simplicious Bakery - Simple Life, Nutritious and Delicious Food
We offer healthy bread, assorted cakes, sandwiches and freshly made beverages to our target customers, workers, students and elderly in Tai Kok Tsui in Kowloon. We hope that through our marketing strategies and programs we can spread the message of healthy lifestyle among each other in such a fast-paced society - Hong Kong.
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More of Global Minds Series : https://www.alphacamp.co/global-minds-series/
If you are planning to start a new nail salon business, the first thing you will need is a business plan. Use our sample Finger Art - Nail Salon Business Plan created using upmetrics business plan software to start writing your business plan in no time. Now you might wonder, how can a business plan help you gain a competitive edge? How can you juggle between honing your skills and formulating a business strategy? Most importantly how to write a nail salon business plan and what to include in it?
How to profit from customer experience - an introduction to LexdenChristopher Brooks
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Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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This article provides a comprehensive guide on how to
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LEARNING OBJECTIVES
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3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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1. Introduction and Key Concepts of Sustainability
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To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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2. Made by:
Arti Pradhan 09-ait-mba-
158
Razina 09-air-mba-146
3. EXECUTIVE SUMMARY
Trend Setters is a full-service beauty salon
dedicated to consistently providing high customer
satisfaction by rendering excellent
service, quality products, and furnishing an
enjoyable atmosphere at an acceptable
price/value relationship. We will also maintain a
friendly, fair, and creative work
environment, which respects diversity, ideas, and
hard work
4. The timing is right for starting this new venture. Patiently
searching for six months for the perfect location, one was finally
found. The demand from the owner's clients, as well as the
ambitions of the owner to one day start her own salon, and the
procurement of highly professional and qualified beauticians to
support the salon, has made this business one of great potential.
5. Curley Comb, co-owner with Roller
Comb, Jr., her husband, has worked in a
prestigious, upscale salon in MyTown, Texas for
the past two years. Curley has created a large
client following through hard work and
dedication. Curley, and her talented team of
beauticians, has what it takes to make this venture
an extremely successful one. We expect our
growing reputation to lead to new clients and
beauticians to support our anticipated growth.
6. To achieve our objectives, Trend Setters is
seeking additional loan financing. This loan
will be paid from the cash flow from the
business, and will be collateralized by the
assets of the company, and backed by the
character, experience, and personal
guarantees of the owners
7. KEYS TO SUCCESS
The keys to success in our business are:
Location: providing an easily accessible location for
customers.
Environment: providing an environment conducive to
giving relaxing and professional service.
Convenience: offering clients a wide range of
services in one setting, and extended business hours.
Reputation: reputation of the owner and other
"beauticians" as providing superior personal service.
8. COMPANY SUMMARY
Trend Setters will, upon commencement of
operations, sell a wide range of beauty services and
products. We will provide quality hair, nail, and skin
services, along with top lines of beauty products.
What will set Trend Setters apart from the competition
is our commitment to providing all of these services in
one convenient location.
The salon will be located in a retail strip mall at
1234 Stylish Road, MyTown. The salon will utilize
1,540 square feet. The location is strategically
situated on one of the busiest streets in MyTown. It is
a high profile area, with easy access from all parts of
town
9. .1 START-UP SUMMARY
After spending several months searching for a
salon to purchase, the owners decided to start a
salon from the ground up. The start-up capital
will be used for the design, leasehold
improvements, and equipment of the salon.
Leasehold improvements will amount to
approximately $32,500, and salon equipment
will cost about $27,000. The owner will invest
$500 for cash-on-hand at starting date.
10. 140000
120000
100000
80000
Series 3
60000 Series 2
Series 1
40000
20000
0
Expnses Assets Investment Loans
11. PRODUCTS AND SERVICES
Trend Setters is considered an upscale full-service
beauty salon. We will offer a wide range of services
that include:
Hair:
cuts, relaxers, perms, colors, shampoo, conditioning,
curling, reconstructing, weaving, waving.
Nails: manicures, pedicures, polish, sculptured nails.
Skin Care: European facials, body waxing, massage
12. STRATEGY AND IMPLEMENTATION SUMMARY
Skill at what we do, good customer
service, and creating a pleasant environment
for our customers will be important to
implementing our business plan.
13. 4.1 COMPETITIVE EDGE
Trend Setters wants to set itself apart from other beauty salons that may
offer only one or two types of services. Having come from such a
salon, Curley has realized, from talking with her clients, that they desire
all of the services that we are proposing, but they remain frustrated
because they must get their hair done at one place, and nails done at
another. Although the focus of Trend Setters is hair services, we do wish
to offer our clients the convenience of these other services in one
location.
There are a number of salons like ours, but they are mainly in the very
high income parts of MyTown and surrounding areas. We do not intend
to compete with these so called "Day Spas." We wish to offer a middle
ground for those clients who can't quite afford those high-end luxury
salons.
Our business atmosphere will be a relaxing one where clients can kick
back and be pampered. Soft drinks will be offered to clients as they
enter for service. Televisions will be located in the waiting and hair-
drying area area.
14. 4.2 MARKETING STRATEGY
Our marketing strategy is a simple one: satisfied clients are our best
marketing tool. When a client leaves our business with a new look, he or
she is broadcasting our name and quality to the public. Most of our
clients will be referrals from existing clients.
No major advertising campaigns are anticipated. Our research has
shown that word of mouth is the best advertising for this type of
business. We will, however, run specials throughout the week. We will
also ask clients for referrals, and reward them with discounted or free
services depending on the number of clients they bring. We will also
offer discounts to the new clients who have been referred. There are
plans for a lottery that will offer a free trip to, say, Cancun. A client would
simply refer new clients to us, and we will place a card in a box for each
client he or she brings. The more they bring, the more chances they
have of winning the trip.
15. 4.3 Sales Forecast
The following table and charts show our projected sales.
We expect income to increase steadily over the next three
years, as the reputation of the salon, its stylists and
services become apparent to the general public. Second
year revenues also anticipate the addition of one new
stylist.
Note that we list no direct cost of sales here for
services, only for products, since our service costs are
more accurately tracked as regular monthly expenses for
supplies in the Profit and Loss table
16. MANAGEMENT SUMMARY
Trend Setters will be organized and managed in a
creative and innovative fashion to generate very high
levels of customer satisfaction, and to create a working
climate conducive to a high degree of personal
development and economic satisfaction for employees.
Training classes to help improve employee product
knowledge and skills will be conducted on a regular basis.
As the business grows, the company will consider offering
an employee benefit package to include health and
vacation benefits for everyone.
17. 5.1 PERSONNEL PLAN
The personnel plan calls for a receptionist who will greet
customers and receive payments for services and
products. There will be five hair stylists, one barber, one
nail technician, one facialist, and a massage therapist.
Everyone but the receptionist will be contract
workers, and will be paid a sliding commission scale
based on the amount of revenue created. Future plans
include the hiring of a shampoo technician as the
business expands.
In the first year, assumptions are that there will only be
three hair stylists, a barber, and part time nail, facial, and
massage technician until the business can build a
reputation that will attract others to work there.
18. Our goal is to be a profitable business beginning in the
first month. The business will not have to wait long for
clients to learn about it since the stylists will already have
an existing client base.
To assure the start-up funds lender that the owners are
financially stable, a personal financial statement is
enclosed illustrating other sources of income that include
interest and dividend income from investments
($2,840), salary income ($29,658), and commission
income ($15,000).
19. The financials that are enclosed have a number of
assumptions:
Revenues will grow at an annual rate of 15%, increasing
20% in November and December due to a historical
jump in revenues at this time of year. We anticipate this
increase to stay steady throughout the following year to
account for the normal flow of new clients coming into
the salon. Estimates for sales revenue and growth are
intentionally low, while anticipated expenses are
exaggerated to the high side to illustrate a worst case
scenario.
20. We did not use cost of goods sold in our calculations of net
service sales, but included all related recurring expenses, such
as payroll and supplies, in the operating expenses area of the
profit and loss table. The only direct costs in the sales forecast
are for projected product sales.
Product sales are a minimal part of our market. We are not quite
sure how much revenue will be derived from products, so we
took a low-ball approach and estimated sales of $800 a
month. Also in the sales projections table are services such as
nails and massages. We are not quite sure how much revenue
these two services will generate. We are certain that in time
these services will be a large part of our revenue, but to err on
the conservative side, we estimate revenues from these services
to be only $1,500 a month for the first year