LILY ELAINE’S BEAUTY SALONMaking you and your hair shine.

Lily ElaineOwner and Stylist

8420 Sunshine Boulevard 22354 Rainbow City, GA Phone: 770-437-5873Fax: 770-647-1547E-mail: LilyElaineHair@gmail.com

Location•8420 Sunshine Boulevard 22354 Rainbow City, GA•Space Needed: 2,500-4,000 square feet.•Rent Per Month: $3,314.67•Rent Per Year: $39,776.04

Goods & Services• Hair Tools: Scissors (different types needed), Hair Dryer, Flat Iron (different widths

needed), combs, brushes, cleanser for brushes/combs/scissors, aprons, towels, sinks, washer/dryer, broom/dustpan.

• Hair Products: Shampoos & Conditioners (different types needed), hair treatments (different types needed), hair colors, bleach, hair oils, hair masks.

• Hair Services: Getting your hair washed, colored, cut, and styled.• Employees needed: Stylists, receptionists, apprentices.• Technology: Phones at the reception desk, computer for booking appointments.• Make-up Tools: Brushes (for face and eyes, different types needed), tweezers, brush

cleanser. • Make-up Products: foundation (all shades), powders (all shades), eye shadows (all

shades), blushes (all shades), bronzers (all shades), eyeliners (all shades), concealer (all shades).

• Make-up Services: Getting your make-up done.• Employees needed: Make-up artists.• Extra services for both hair and make-up: Drinks and snacks for customers.

Prices• For the Shampoos, Conditioners, Oils and

hair masks is would be roughly 1,500 dollars to 2,000 dollars every other week depending on how many clients come in.

• For the brushes, combs and scissors it would be roughly 150 dollars to 200 dollars.

• For the hair stylists it would be roughly 500 dollars to 600 dollars a week for each individual stylist.

• For foundations, blushes, bronzers, setting powders, etc. it would be roughly 3,000 dollars to 3,500 dollars each month depending on how many people get their make-up done.

• For the make-up brushes and cleansers it would be roughly 500 dollars to 600 dollars.

• For the make-up artists it would be roughly 700 dollars to 800 dollars a week for each individual artist.

Sales

Shampoos, Conitioners, Oils and Hair Masks

Brushes, Combs and Scissors

Hair Stylists Foundations, Blushes, Bronzers, etc.

Make-up Brushes and Cleansers

Make-up Artists

Licenses

• I will need a license to be a business owner, a cosmetology license, and a license to advertize. (Roughly cost about 500 dollars to 600 dollars plus the amount for cosmetology school)

• All my employees will need to have cosmetology licenses.

Demographics:• In a hip and trendy part of town so my business will get many

costumers of all different ages and get both males and females.Target:• I am specifically targeting costumers from the ages 16-60 for

both males and females.Market Structure:• I feel like my business would be in a Monopolistic Competition

because even though there are other hair salons that are cutting hair like my business is, it doesn’t mean we are doing it the same exact way.

My Competitors: • I feel my business’ competitors would be other high-end salon’s

that are in the area. I feel that clients would come to my salon because of the acceptable prices for the hair cut and because of how my stylists treat the clients.