Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
  • Hair Salon Chain Financial Model Excel Template
Originally published: 11/10/2018 15:14
Last version published: 20/11/2018 07:55
Publication number: ELQ-73696-3
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Hair Salon Chain Financial Model Excel Template

The first 200 downloads are FREE! A full Hair Salon Chain Financial Model for your investor-ready business plan.

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Description
HAIR SALON FINANCIAL MODEL

CONVEYING A BUSINESS IDEA

Once a man with great ambition and vast experience of working as a hairstylist addressed me to help with his prospective business in the hair and beauty sphere. He was attesting to the matters in the manner the hairdresser would. My mission, instead, was to extrapolate his business vision into the financial scenario.

SETTING UP PURPOSES AND FORMING A PLAN

My client asked a professional financial modeler in my face to prepare an investor-ready business plan. The main questions he wanted us to answer are as follows:

- to understand, whether the business idea is profitable;
- to calculate overall costs of hair salon chain launch;
- to calculate expenses on salaries and wages of hair salon workers;
- to calculate expenses on equipment, suppliers, management, education, and advertising;
- to estimate costs of debt and time needed to loan payback;
- to estimate the best prices for haircuts;
- to craft an effective strategy for business development.

The model consists of:

- 5-year comprehensive financial projection
- 3 statements: Income Statement, Cash Flow Statement, and Balance Sheet Statement
- Dashboard with core assumptions, financials, and outputs
- Revenue calculations based on occupancy and price drivers;
- Debt repayment and capital inputs
- Expenses and Wages assumptions
- TOP Expense/Revenue reports

The hair salon financial model rendered the answers to the underlying questions for the business possible:

- How to open the Salon with no money?
- How to write the business plan for the hair and beauty salon?
- How to do the Break-Even Analysis before starting your Business?
- How to make your Business Profitable?
- How to get your business funded?
- What is a Good Profit Margin for a new Small Business?


BENEFITS OF USING HAIR SALON CHAIN FINANCIAL PROJECTION

First and foremost, we did not hard-code any assumptions.

It is very helpful both for the client and financial modeler, as all the variables could be edited directly from the dashboard or from the revenue/expense/wages sections.

Thanks to that, we could test different alternatives and make any edits literally on the fly.

Besides it, the action period of budget modeling was editable.

Last but not least, the salon chain financial model considered the interest and the repayment period of the debt.

In result, the user received maximally accurate financial statements summary.

Thus, our salon chain financial metrics was flexible and editable, what provided the client with a great user experience and confidence in the profitability of his business idea.

More details here
https://medium.com/@finmodelslab/business-plan-for-child-care-a14b2e9203bc


FINMODELSLAB.COM

• About us

Do you need a cash flow projection for your business? Or are you looking for an ideal template to prepare your cash flow statement? Whether you are an intending business owner or you have started your business, we are here to simplify your financial recording.

Welcome to Finmodelslab.com

• Who we are

We are a financial modelling company set up for small and large business owners. We specialize in financial modelling and dashboards. Our model comes in varying style. Most times we create a customized projection to meet the specific needs of our customers business.

Believe us when we say our financial designs are simply unique and efficient.

• Our Promise

Finmodelslab.com promises to make it easy for people to keep up with cash flow statements and cash flow projections with its efficient and simple designs. Ultimately, we simplify your financial recording process.

With unique and creative designs, Finmodelslab.com promises to help every business owner to maximize their profit and keep good records of their cash flow. We also provide step by step guide on how to use any templates purchased from us.

Let’s help you take your business to a new height of profitability

• Who We Serve

Cash flow projection helps one to preempt potential business shortfalls. Therefore, we are here to provide cash flow dashboards to help you keep track of your business. Take a look at our financial models and dashboards collection, and you would be convinced about our quality.

Welcome once again to your unique financial model store. Welcome to Finmodelslab.com

- Henry Sheykin

This business tool includes
1 Hair Salon Chain Financial Model Excel Template

Acquire business license for $29.00

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Further information

The purpose of the Hair Salon Chain Financial Model Template is to provide the user with a useful tool to craft an effective strategy for business development and understand, whether the business idea is profitable or not.

The main purposes of the Сhild Care Financial Model Template

- to understand, whether the business idea is profitable;

- to calculate overall costs of hair salon chain launch;

- to calculate expenses on salaries and wages of hair salon workers;

- to calculate expenses on equipment, suppliers, management, education, and advertising;

- to estimate costs of debt and time needed to loan payback;

- to estimate the best prices for haircuts;

- to craft an effective strategy for business development.

It is a generic template so the user will need to tailor the expense assumptions and revenue inputs to their own needs

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