How to Create a Dynamic

Salon Business Plan

GETTING IT RIGHT WITH YOUR SALON BUSINESS PLAN•When it comes to creating a salon business plan many new salon business owners will create a business plan that includes things such as rent, electricity, phone bills, approximate cost of supplies and as many outgoings as they can possibly think about.

•Once this is complete, they’ll write down an approximate of how much money they’ll make, based on population and competition in the area.

•They may consider their advertising budget…and that’s where it all ends.Often this business plan document ends up in a nice little pile, tucked away in a desk draw or on your laptop somewhere that you’ll never remember to look again

HOW DO YOU BRING YOUR SALON BUSINESS PLAN TO LIFE?

• The business plan I am talking about isn’t really about outgoings and potential earnings. I’m sure that once you’re in business for more than a month you’ll start understanding what your outgoings are VERY QUICKLY!

• What you really need to keep in mind is how much you want your salon to turnover. Once you have this figure you can start working backwards. Divide it into monthly targets, weekly targets, daily targets and so forth.

WHERE TO PLACE YOUR FOCUS

• There are countless tasks on your to-do list when you become a salon owner. However, for a successful and thriving business you need to keep your focus on the following four areas of your salon’s performance.

These include:

4. Increase Customer

RETAIL

Spend

1. Gaining

NEW Customers

2.Keeping

CURRENT

Customers

3.Increase Customer

SERVICE Spend

That’s it !!!

• If you can create a business plan around these four areas and work towards improving each of these areas in your business every day, then I can guarantee you that you will have a thriving, profitable and long standing salon business

If you found this information helpful and need some help getting clear on how to run a successful and profitable business then head over to:

http://www.acceleratingabundance.com

And download your FREE report the

5 Fundamental Steps to Running an Exceptional Business in the Hair and Beauty Industry