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aedavis

posts: 18

Jul 07, 2008 11:45 PM ET Quote Report Abuse

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Hello I need to see a Business Plan for a Hair Salon. I`m trying to open up a salon Day Spa

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aedavis6

StartUpSmart

posts: 51

Jul 08, 2008 8:12 AM ET Quote Report Abuse

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Hi!

Are you in need of a business plan to fund your salon? I`m not exactly sure what your question is? Are you looking for a template to see what a business plan looks like?

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Need Capital For Your Business...Start Here!
http://www.startupsmart.net
Joe F. Clark
Senior Principal
Start-Up Smart, LLC. - the clever way to accelerate your business
jclark@startupsmart.net

startuphelper

posts: 106

Jul 10, 2008 11:57 PM ET Quote Report Abuse

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Seeing somebody else`s business plan for a similar business will not necessarily help you. A business plan must be written specifically for your business with your particular information (local marketing, local competition, your chosen location, etc).

The best thing to do is to research the general outline of a business plan and then write your own with your own specifications.

You can check out my website for step by step help with writing your own business plan.

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Sylvia Freelance Business Plan Writer

KevDev

posts: 96

Jul 11, 2008 2:04 PM ET Quote Report Abuse

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In the upper right corner of this window is a Search box. Type Business Plan, select Content or Forums (or any of the other choices), click Go, and read away. There is tons of info here and on the web.

Good luck!

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Find out what a business plan is all about and get started on your plan with this introduction. FREE!
Business Plan Basics!

You wouldn`t build a house without a blueprint.
Why build a business without a plan?
Build Your Business Plan!

FastVentures

posts: 306

Jul 14, 2008 11:49 AM ET Quote Report Abuse

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I agree with Silvia. You should use a third party business plan strictly as a reference while working on your own. I’m sure you want to create the best possible starting point for your business, so developing a business plan that reflects the unique potential of your salon and showcases your qualifications is a great way of doing that.

There is a free business planning guide available on our website at http://www.insights.fastventures.com/is-bin/guides/htg01082008/index.html just in case you are interested.

Good luck!

Mark

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Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com

ObsidianLaunch

posts: 85

Jul 15, 2008 6:10 AM ET Quote Report Abuse

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Business plans are a waste of time if you ask me. Don`t get me wrong you need to have a clear understanding of your costs, goals, expectations, etc.

Your businesses success (after you determined it to be viable) is determined mostly by your desire, your passion, and your relentless commitment to its success. The traditional business won`t foster this, and likely will be shelved for the life of your company.

Instead you need to have dynamic planning, based on three sheets. You need a Prosperity Plan (the vision of the company), a Quarterly Plan (a 90 document of what your need to make the most progress toward your vision) and Daily Metrics (a daily measure of your company`s health and progress).

Every company I have grown myself (3 so far) and every one I have partnered/invested in (many), I have used this strategy and have found it to be the key to successful, healthy growth.

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--
Mike Michalowicz
Author of The Toilet Paper Entrepreneur

FastVentures

posts: 306

Jul 15, 2008 11:59 AM ET Quote Report Abuse

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Mike, it sounds like you depend on our own financial resources when pursuing an opportunity as an entrepreneur. You also seem to have a fundamental understanding of the vital elements of a successful business (whether put in writing or not).

However, the truth of the matter is that you do have a business plan. Yours is just in a different format than most others.

Having said that, I would probably not generalize the notion that “business plans are just a waste of time”, as most entrepreneurs do not share your experience, access to financial resources, and ability to pitch their concepts in a clear, concentrated, and realistic manner.

Over the last decade I have worked with many entrepreneurs that wanted to develop a traditional business plan because they recognized this process as an opportunity to refine their ideas, evaluate new strategies, and gain the support of financial backers.

Given, that some of these entrepreneurs have turned their vision into public companies, I don’t think that developing a traditional business plan was a waste of their time.

Mark

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Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com

StartUpSmart

posts: 51

Jul 15, 2008 5:11 PM ET Quote Report Abuse

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Hi,

I would agree with Mark regarding his post above. At the same time I do believe the "final" business plan document can become an item that collects dust on a shelf. I would say the plan itself isn`t all that helpful but the process of creating a business plan can be vital. The process, if done correctly, forces the entrepreneur to thoroughly think through their business model and general concept. It also helps the entrepreneur question the assumptions they have about their market, competitors, distribution channels, etc.

Interesting posts from both Mark and Mike.

startuphelper

posts: 106

Jul 15, 2008 5:24 PM ET Quote Report Abuse

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Business plans are a waste of time if you ask me. Don`t get me wrong you need to have a clear understanding of your costs, goals, expectations, etc.

Try telling that to a loan officer when you need a bank loan.

It`s great that your "business plans" work for you, but for the entrepreneur in need of funding, the formal, written business plan (SBA approved formatting) is a MUST.

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Sylvia Freelance Business Plan Writer

danielcim

posts: 77

Jul 28, 2008 2:56 PM ET Quote Report Abuse

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Hi everyone,

Although I agree with StartUpSmart that eventually a business plan may end up collecting dust on a shelf, it is a necessity when seeking financing for your venture. No investor, be it a bank or angel will touch your idea with a ten-foot pole without a sound business plan.

That being said, there are a variety of business plan templates that can be found on-line. They are very user friendly and provide a ready format to build your plan. Personally, I like the ones offered on bank sites. They are free and offer lots of great advice.

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