Nail Salon Business Plan Example

Description
Nail art is one of the most instagrammable trends of this decade. From chique french manicures to striking gel nails, people are going gaga over this fashion trend. And if you possess the right blend of creativity and style, then a nail salon business might be right for you.

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?

Don’t worry, we’ve got you covered. Read on to find out the answers to all of the above questions.

Nail Salon Business Plan Outline
This is the standard nail salon business plan outline which will cover all important sections that you should include in your business plan.

Executive Summary
Mission statement
Vision statement
Customer Focus
Management Team
Success Factors
Financial Summary
3 Year profit forecast
Company Summary
History
Products and Services
Salon Design
Market Analysis
Market Trends
Target Market
Strategy & Implementations
Advertising Strategy
Local Publications
Major Publications
Community Events/Organizations
Commute Advertising
Customer Loyalty Programs
Direct Mail
Ongoing Customer Communications
Pre-Opening Events
Pricing Strategy
Management Summary
Management Team Members
Hiring Plan
Operations Plan
Functional Roles
Service Functions
Administrative Functions
Milestones
Financial Plan
Important Assumptions
Brake-even Analysis
Projected Profit and Loss
Profit Yearly
Gross Margin Yearly
Projected Cash Flow
Projected Balance Sheet
Business Ratios