How to Write a Business Start-up Plan for Barber shop

                                                            

The barbershop has a history in Europe to the mid-1800s. Initially a gentlemen’s establishment, the barber shop served as a men’s hair maintenance location. and discussion. Even with today’s introduction of electric shavers and trimmers, the barbershop has maintained its presence.

   

Step 1  

Create a business description for your barber shop’a  business plan. Provide the name and location of your barber shop, and follow this information with the names and contact information of each of the shop’s owners.

Complete a two- to three-page executive summary for your business plan. Use the executive summary to introduce your business and the information within the plan. Provide a brief overview of the business’ owners, target market and competition. Highlight some important aspects of your business. Include the amount of your loan request, if you are seeking financing.  

Step 2

Identify the location of your barber shop and list whether you will own, rent or lease the location. Discuss the location’s overhead costs and requirements, such as the costs of utilities, taxes and permits. Include a list of equipment and inventory that you will need for the shop, such as cutting chairs, trimmers and mirrors, and include the costs for each.

Step 3

Determine the number of staff members that your barbershop will require for efficient operations. Identify if those staff members will be employees or contractors and ascertain if these members will work full or part time hours.

Step 4

Develop a marketing plan for your barbershop business. Identify the products and services that your barbershop will provide, including the haircuts, specialty services and supporting hair products. Identify the target market of your business and explain the methods that your barbershop will use to attract and retain its clientele.

Step 5

Complete the financial portion of your barbershop business plan. Include a personal financial statement, balance sheet, income statement and cash flow statement. Complete a personal financial statement for each owner of the barbershop.

Step 6

End your business plan with any supporting documents that you have to verify the information within the plan. Create an appendix