Beauty School Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Beauty School Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Beauty School business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Beauty schools tend to do well in pretty much every economic climate given the fact that individuals are always going to want to become barbers, suspicions, hairdressers, and nail technician and require a completed education from a licensed beauty school. All states require that a licensed is possessed by an individual, and part of their procedures in order practice. The startup costs for a beauty school are around $250,000 depending on the amount of equipment that will be acquired at the onset of operation.
Given the economic security of the revenues generated, almost all financial institutions are willing to extend a business loan or working capital line of credit. A beauty school business will be required and this should feature a three year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page., Beauty schools generate about $1 billion in revenue per year among 1,200 enterprises that operate in this capacity. One of the key things to focus on when developing a business plan specific for beauty school is the fact that they will acquire a substantial amount of tangible equipment that will be used in conjunction with business operations. Again, one of the other key focuses should be on the economic stability of these companies on an ongoing basis. As it relates to a competitive analysis, a thorough look at the market should be done in order to ensure that the business is able to develop its operations in unsaturated market. An aggressive marketing plan, as will be discussed below, should also be included within the business planning documents in order to ensure that the beauty school can quickly reach 100% capacity within its first 12 months to 24 months of operation.
A beauty school SWUOT analysis should be produced as well. As it relates to strengths, beauty schools enjoy moderate barriers to entry once they are established, high gross margins from teaching services, and they are relatively immune from negative changes in the economy. For a qualified entrepreneur, these businesses can be lucrative.
For weaknesses, these businesses do have high operating expenses given the fact that they do need to maintain a large-scale facility while employing a number of people that will be able to render teaching services to the general public. These high operating Spence’s are almost always covered by the amount of tuition generated from students.
As it relates to opportunities, beauty schools can expand by increasing the number of disciplines that they offer through their initial facility. These businesses can also readily expand by establishing teaching locations outside of the company’s initial target market. There are also the ability to provide ancillary course materials including online courses that can assist students or existing hairdressers that are looking to expand their education.
For threats, there’s really nothing that is going to change about this industry given the fact that all states require that a barber, hairdresser, or nail technician has a license in place in order to provide these services to the general public. As such, only a major and sustained economic recession would have an impact on the way that these companies conduct their operations.
A beauty school marketing plan also needs to be developed in order to ensure that the business can be found quickly, while reaching 100% capacity for its teaching operations. Foremost, many beauty schools will reach out to guidance counselors at high schools and community colleges in order to ensure that these businesses can enroll as many people as possible that are interested in becoming part of the personal care industry.
Job fairs, and related activities can also be used in order to further increase awareness of the beauty schools brand name and how to become a student. There should be a substantial amount of literature available for distribution at these businesses in order to ensure that people will quickly contact the business. A full-scale and mobile friendly website should also be developed in order to ensure that the beauty school is able to be found quickly on the Internet. Many individuals now use platforms including FaceBook, Twitter, LinkedIn, and Instagram in order to find beauty school services. As such, it is imperative that the beauty school maintain the density of online presence is that it can be found very quickly.
Beauty schools will continue to remain a popular business moving forward given the fact that people are always going to want to enter the field of providing aesthetic services to the general public. These can be lucrative small businesses that have a substantial amount of growth potential.