millionaire barber business plan

How to Create a Barbershop Business Plan

A step-by-step guide for creating your own barbershop business plan.

No credit card required.

Every business venture starts with a plan. With so much money and time at stake, business plans can help you streamline your efforts and plan for your professional future. This article will explore the importance of a business plan for your barbershop, including how to set one up, and some common mistakes to avoid. 

Opening a barbershop takes planning, just like any other business. A business plan is a useful tool for helping identify the key aspects of your professional journey like your mission statement, goals, budget, and operations details, so that you can better envision and prepare for what lies ahead. Keep reading to learn how to properly create a business plan that serves your needs. 

Why Do You Need A Business Plan For Your Barbershop?

Whether you’re just figuring out how to open a barbershop or you’re an industry veteran, a business plan can always help make things easier to manage. A barbershop business plan outlines your business goals, market analysis, marketing strategies, financial projections, and other key details, serving as a roadmap that guides you through the process of starting, running, and growing your own barbershop. 

You can follow a barbershop business plan template or create one from scratch, but having one provides several benefits, such as: 

• A clear statement of goals. It’s easy to lose sight of the finish line once everything starts running, but with a business plan in place, you have a clear view of your vision for your business and what you need to accomplish in order to guide it to success.  
• Establishing a timeline. Your business plan will not only help you detail what milestones you need to hit but when you need to hit them. Nobody expects to be an overnight success, and a timeline will help you track your business’s progress. If you haven’t made enough money or hit the necessary number of clients by a certain date, that tells you something in your strategy isn’t working. 
• Outlining financing needs. A great idea is a great idea, but if you don’t have the funds to make it tangible, then that’s all it is. Figuring out the amount of money you’ll need comes first, but how you’re going to raise that money is equally important to creating a solid business plan. 
• Detailing operations. What will your day-to-day look like? How many employees will work for you? How will you make sure the business runs smoothly every day? This is information that is useful not just for you, but for those who might invest in your business. 
• Identifying challenges. Problems are unavoidable, and they can happen to any business, but figuring out what challenges lie ahead early on in your planning can help you better take care of them. For instance, is your location severely affected by seasonal weather? Is there a parking problem? Are you surrounded by competitors? What else will impact your cash flow? While you can’t anticipate every problem, identifying your weaknesses can help you build a stronger strategy to tackle them later on.

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8 Items to Include in Your Barbershop Business Plan Template

There are several key items you should try to include in your business plan. Keep in mind that this plan can change as you do more research or develop other aspects of your business, however, putting in the work to make it right will only benefit you in the long run. It’s always better to lay a sturdy foundation before you start building your house!

The overview is an executive summary of your barbershop business and management plan. This section is where you’ll present your mission statement, and briefly address your strategy to manifest your vision. It should be concise, engaging, and compelling to grab the attention of potential investors, lenders, or partners. Remember that this is a summary, and there will be room to address these sections in more detail later on in your plan.

Business Profile

An effective plan paints a thorough picture of the business as a whole, while also detailing the ways it will run. After your mission statement, you’ll want to describe what your barbershop does, what services and products you will offer, who will run the company, and other high-level details. Include info about the market landscape for your barbershop business to show there is a proven need for your services. Address who your competitors are, any advantages you have compared with others, and any research you’ve conducted to demonstrate there is a demand for your services in the area. 

You can also highlight the specific services your barbershop will offer, any products you will sell, and any other information showing that your barbershop will fill the need you’ve described in your market analysis summary. Briefly address your business finances, including any current sales and profits, the funding amount you’re looking to acquire or any funding you already have, and your projections for growth.

Market Research

Describe the current trends, successes, and pitfalls of the industry. Include some hard data/statistics if you can, like how far do people in the area generally travel for hair care? Or what percentage of barbershops retain a majority of their customers? 

Part of creating a business is knowing your target audience, but also who you’re competing for their attention against. Who are your competitors? How well do they run their business? How are their reviews? What is the age demographic of your business location? What is the foot traffic like? How will your business fill the needs of the customers in a way these existing businesses cannot? These are all important details you’ll want to research to know exactly how to design your business strategies. 

Structure and Leadership

This is the part of the plan that details who is in charge and how your business hierarchy will function. Who are the managers? Who does everyone report to? Who is in charge of the money? Are you going to helm the whole operation? Or will you establish a team of trusted professionals? These are questions investors will definitely have before sinking any cash into your business, but they’re also good questions to answer for yourself so you can better plan out how you will use your time and funds. 

Offerings and Services

Include details about the equipment you have and the services you plan to provide. Do you go beyond a standard barbershop experience? In addition to cutting hair, do you offer massages or other salon services? How much will a basic session cost? If you plan on carrying products like beard oils or lotions, list them out along with how much they’ll cost to buy, and how much you’ll sell them for. 

Marketing and Sales Plan

How you plan to market your business is hugely important to the success of your business. While it would be nice to spend $0 on ads, local TV spots, and/or social media promotion, you simply cannot just rely on word of mouth from family and friends. Do you plan on creating your own website or only using Instagram/TikTok? Will you try to take advantage of partnerships with influencers or other businesses? 

Your barbershop marketing plan should include information on how you plan to attract new customers (and retain loyal ones), what you’ll do to establish an online presence, how much you’ll spend on your marketing efforts, as well as any unpaid marketing strategies you’ll utilize. 

Operational Strategy

This section should detail your daily operations, answering questions like how many employees will you have? How many will work each day? What training will they have? How many managers will there be? How much support staff will you have on hand? How many chairs can you fill? 

In addition to figuring out both the macro and micro details of your operational strategy, you’ll also want to plan for any permits or licenses you’ll need to legally operate your business, as well as any software you’ll use to help manage your administrative tasks. 

Financial Overview

The financial overview is a crucial part of any business plan. A cash flow forecast shows the anticipated amount of money coming into the business, as well as what you will spend on expenses. It also projects growth over time, which allows you to make predictions about future revenue and expenses so that you can better plan for them in advance. You can include balance sheets, profit and loss statements, funding sources, expense projections, and any other hard financial data that can give a better insight into how you will both get and spend the money for your business. 

4 Common Mistakes When Creating A Barbershop Business Plan

We get it, you’re (literally) ready to get down to business, but that doesn’t mean you should casually approach your barbershop business plan template. Below, we detail a few different causes of your plan not going… well, to plan! 

Lack of Research

Not knowing who your competitors are, what your ideal demographic is, how much your expenses will be, or what makes your business unique can mean setting yourself up for failure. If you’re investing money into your business, or trying to convince others to invest in yours, you want to establish a clear picture of what’s at stake by having as much necessary information as possible. 

Unrealistic Financial Projections

Crafting a useful barbershop business plan means being honest about both your expenses and your profit projections. While it’s great to dream big, expecting to make millions of dollars with minimal overhead in your early years might be a little too big. Chairs, equipment, and sanitization tools all cost money to buy and maintain, employees need living wages, marketing costs can add up, and there should be an emergency fund set aside just in case. When in doubt, it’s better to overestimate the amount of money you’ll need rather than underestimating it and coming up short. 

Ignoring Marketing Strategies

You can’t be too proud to engage in a little—or a lot!—of marketing. If you want people to know about your business, you have to get the word out to them. Ignoring social media, cutting your barbershop marketing budget, or refusing to advertise your services will only hurt your business in the end. Even if you’re uncomfortable putting yourself out there, there are plenty of clever ways you can advertise your business without being the star of your own marketing campaign. 

Neglecting to Review and Revise

Just because you’ve come up with a great plan doesn’t mean it will stay that way. Business plans can change and adapt over time, so while your barbershop business plan should contain plenty of details, it’s also important to be flexible—whether it’s the market that’s changing or your clientele.

Optimize Your Business Operations with GlossGenius

A well-developed barbershop business plan can make all the difference in your success. By researching and outlining the most important aspects of your business, you can create a helpful guide that serves as a map for your professional journey. While it might be a difficult one, it’s not impossible, and the right planning will certainly help get you where you need to go. 

If you’re going to open a barbershop or have plans to expand your current barber business, GlossGenius can help you implement and manage various aspects of your plan, including handling your schedule , client notes , appointment reminders , payments , website creation , marketing , and more. Our all-in-one platform was built specifically to save self-care business owners and team members time and frustration by streamlining day-to-day operations. This way you can focus on providing quality service and not the paperwork. 

‍ Click here to learn more about what can do for your barbershop today or start a free trial to experience the benefits firsthand and see how we can help meet your business needs.

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Barbershop Business Plan Template & PDF Example

• September 4, 2024
• Business Plan

Creating a comprehensive business plan is crucial for launching and running a successful barbershop. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your salon’s identity, navigate the competitive market, and secure funding for growth.

This article not only breaks down the critical components of a barbershop business plan, but also provides an example of a business plan to help you craft your own.

Whether you’re an experienced entrepreneur or new to the beauty industry, this guide, complete with a business plan example, lays the groundwork for turning your barbershop concept into reality. Let’s dive in!

Our barbershop business plan adopts a clear and straightforward structure, addressing all critical elements necessary for a comprehensive business plan. This plan outlines the operational framework, strategic direction, market analysis , competitive positioning, management structure, and financial projections.

• Executive Summary : A brief overview of your barbershop’s concept, market positioning, management team, and financial summary.
• Salon & Location : Describes the barbershop’s setup, ambiance, and strategic location for optimal client access.
• Treatments & Pricing : Lists the grooming services offered, including haircuts, shaves, and pricing strategies.
• Key Stats : Presents industry size, growth trends, and relevant statistics for the barbershop sector.
• Key Trends : Identifies current trends influencing the grooming industry, such as customer preferences and technological advancements.
• Key Competitors : Reviews the primary competition in the area and how your barbershop compares and excels.
• SWOT : Assesses strengths, weaknesses, opportunities, and threats.
• Marketing Plan : Outlines the approach to attract and retain customers.
• Timeline : Sets forth significant milestones and goals from startup through the first year of operation.
• Management : Introduces the leadership team, their roles, experiences, and how they contribute to the barbershop’s success.
• Financial Plan : Forecasts the barbershop’s financial performance over the next five years, detailing revenue, profit expectations, and investment needs.

Barbershop Business Plan

Fully editable 30+ slides Powerpoint presentation business plan template.

Download an expert-built 30+ slides Powerpoint business plan template

Executive Summary

The Executive Summary serves as an introduction to your barbershop’s business plan, presenting a succinct overview of your establishment and the services it will offer. It needs to outline your market positioning, the variety of grooming services available, its location, dimensions, and a snapshot of its operational model.

This segment should also examine how your barbershop will fit into the local marketplace, identifying the number of direct competitors in the vicinity, who they are, and what sets your barbershop apart from these competitors with unique selling propositions.

In addition, information about the management and founding team should be included, specifying their roles and how they contribute to the barbershop’s success. A summary of financial projections, focusing on expected revenue and profit margins over a 5-year period, should also be part of this section to give a clear forecast of your barbershop’s financial plan.

Barbershop Business Plan Executive Summary Example

Business Overview

A concise overview is pivotal, introducing essential details like the shop’s name, location, and a snapshot of its core services.

These details set the stage for your barbershop, framing its unique characteristics. A  unique selling proposition  ( USP ) distinguishes your shop. Whether it’s a focus on classic barbering techniques, expertise in modern styles, or an emphasis on premium grooming experiences, highlight this USP in your executive summary to showcase your shop’s distinctive value proposition.

Example: “The Gentleman’s Cut Barbershop,” strategically situated in the heart of Urban Style Hub, occupies a spacious 1,800 square feet area on Dapper Street. We specialize in a comprehensive array of grooming services, including classic haircuts, beard trims, hot towel shaves, and modern styling. Our USP lies in blending traditional barbering techniques with contemporary styles, ensuring precision and style for every client.

Market Overview

Understanding market dynamics and your position within it is crucial. This section should underscore the potential of the local grooming and barbering market, supported by relevant data such as market value and growth rates. Discussing trends, such as the growing demand for premium grooming experiences or a resurgence in traditional barbering, illuminates your shop’s positioning within the evolving landscape.

Additionally, it highlights the  competitive  landscape. Identify  key competitors  and elucidate how your shop stands out amidst competition. Whether through specialized skills, exceptional customer service, or a focus on authentic grooming experiences, emphasize how your shop differentiates itself.

Example: In the expansive US barbershop industry valued at $4.9 billion in 2022, The Gentleman’s Cut Barbershop thrives among its approximately 4,500 counterparts. Positioned strategically within a grooming-centric neighborhood, our shop competes with a diverse array of traditional barbershops, modern grooming lounges, and hybrid establishments. We’ve identified [6] key competitors in close proximity, reflecting the competitive landscape.

Management Team

Highlight the expertise and background of your management team, showcasing their capabilities in driving shop success.

This could include your barbershop manager’s extensive experience in the grooming industry or your marketing lead’s proficiency in client engagement. Demonstrating the team’s competency builds credibility and assures potential investors and partners of your shop’s potential for success.

Example: At The Gentleman’s Cut Barbershop, John Barber, with over two decades in men’s grooming and barbershop management, leads operations. Supported by a team of skilled barbers and an operations director experienced in grooming industry management, the shop maintains a focus on delivering precision and style to every client.

Financial Plan

Provide an overview of your financial goals and projections, offering insights into revenue targets, profit margins, and anticipated growth trajectories.

Example: The Gentleman’s Cut Barbershop aims for a projected revenue of $1.8 million annually, targeting a 15% EBITDA profit margin. Investment in state-of-the-art barbering equipment and a strong focus on superior customer service, complemented by innovative marketing strategies, drives anticipated growth and profitability within the local market.

For a Barbershop, the Business Overview section includes 2 main slides:

Barbershop & Location

Describe the atmosphere and design of your barbershop, emphasizing the elements that make it appealing and comfortable for clients, such as the chair setup, decor, and any unique features that set your barbershop apart. Highlight the location’s strategic advantages, focusing on how its accessibility and visibility help attract your target clientele. Mention key benefits like easy access, parking, or its position in a busy area to underline the convenience for customers.

Services & Pricing

Detail the range of grooming services offered, including haircuts, shaves, beard trims, and any additional treatments that differentiate your barbershop. Outline your pricing strategy , ensuring it’s competitive yet reflects the quality and value of your services. Introduce any loyalty programs, packages, or promotions that aim to build a regular customer base and enhance the overall client experience at your barbershop.

Industry Size & Growth

In the Market Overview of your barbershop business plan, begin by outlining the barbershop industry’s current market size and its potential for growth. This will give you an insight into the overall demand and future opportunities within the male grooming sector.

Key Market Trends

Next, address recent trends in the market, such as the increasing preference for specialized grooming services, the resurgence of traditional barbering techniques, and the growing demand for premium grooming experiences. For example, highlight the popularity of bespoke haircuts, beard trims, and other grooming services tailored to individual styles and preferences.

Competitive Landscape

A  competitive analysis  is not just a tool for gauging the position of your barbershop in the market and its key competitors; it’s also a fundamental component of your business plan.

This analysis helps in identifying your barbershop’s unique selling points, essential for differentiating your business in a  competitive  market.

In addition, competitive analysis is integral in laying a solid foundation for your business plan. By examining various operational aspects of your competitors, you gain valuable information that ensures your business plan is robust, informed, and tailored to succeed in the current market environment.

Identifying Your Barbershop’s Competitors

Initiate your competitive analysis by surveying local barbershops and grooming establishments. Direct competitors might include traditional barbershops offering classic cuts and shaves, as well as modern salons providing a diverse range of grooming services. Don’t disregard indirect competitors such as beauty spas or hairdressing chains that could potentially attract your clientele.

Leverage digital tools like Google Maps to chart competitor locations. Platforms like Yelp and social media channels provide valuable customer feedback and insights. For instance, glowing reviews praising the vintage ambiance and precision cuts at “Classic Cuts Barbershop” reveal a significant strength of your competitor.

Barbershop Competitors’ Strategies

Analyzing competitors’ strategies encompasses several facets:

• Service Offerings:  Assess the breadth and uniqueness of the services offered. “Urban Edge Grooming” may specialize in personalized grooming experiences for men, including hot towel treatments and scalp massages, setting them apart from conventional barbershops.
• Barbering Techniques:  Consider the stylistic approach of competitors. “Heritage Clippers” might focus on delivering classic and vintage cuts, while “Modern Mane Stylists” could specialize in cutting-edge hairstyling techniques appealing to a more fashion-forward clientele.
• Pricing Approach:  Compare your  pricing strategy  with that of competitors. “Affordable Cuts & Styles” might target budget-conscious clients, while “Prestige Grooming Solutions” could position itself as a luxury grooming destination.
• Marketing Strategies :  Analyze how competitors market their services. “DigitalEdge Barbers” might thrive on social media promotions and influencer collaborations, whereas “Neighborhood Clippers” might rely on local community events and word-of-mouth referrals.
• Client Experience:  Evaluate the overall ambiance and customer service. “Relax & Revive Barbers” might prioritize a serene, spa-like environment, while “Community Cuts” might focus on fostering a welcoming, neighborhood-friendly atmosphere.
• Operational Efficiency:  Observe competitors’ utilization of technology and innovation. “TechTrim Experts” might implement cutting-edge tools like virtual hairstyle simulations or automated appointment scheduling systems.

What’s Your Barbershop’s Value Proposition?

Reflect on your barbershop’s  unique value proposition . Maybe your establishment is renowned for its traditional straight razor shaves or specializes in grooming services tailored for diverse hair textures and styles.

Identify gaps in the market by gathering customer feedback and staying attuned to industry trends. For instance, an increasing preference for eco-friendly grooming products might signify a market niche if competitors haven’t tapped into sustainable grooming practices.

Tailor your approach based on location: A barbershop situated in a corporate district might focus on express services for professionals, while one nestled in a residential area could capitalize on building a community-oriented, family-friendly environment.

First, conduct a SWOT analysis for the barbershop, pinpointing Strengths (such as skilled barbers and a strong brand identity), Weaknesses (including high operational costs or substantial competition), Opportunities (for instance, a growing appreciation for grooming among men), and Threats (such as economic fluctuations that may limit consumer spending on grooming services).

Marketing Plan

Next, develop a marketing strategy that details methods to attract and retain clients through targeted advertising, loyalty programs, engaging social media content, and community event participation.

Marketing Channels

Effective marketing is about reaching the right audience through the right channels. Here’s how you can do that for your barbershop.

Digital Marketing

• Social Media:  Use Instagram to post before-and-after haircut photos, style tips, and behind-the-scenes glimpses of your barbershop. Host live Q&A sessions on Facebook to engage with your audience. On YouTube, post tutorials on men’s grooming and hair care.
• Website and SEO:  Develop a professional website that showcases your services, staff bios, and customer testimonials. Optimize your site for search engines with keywords related to barbershops and grooming in your area. Include a blog section with articles on hair care, style trends, and grooming tips.
• Email Marketing:  Build an email list by offering a discount for online sign-ups. Send out monthly newsletters with updates about your services, exclusive offers, and styling advice. Use email campaigns to inform customers about special events or new services.

Local Community Engagement

• Events and Partnerships:  Participate in local community events, such as street fairs or festivals, offering quick trims or beard grooming. Partner with local businesses like gyms, men’s clothing stores, or coffee shops for cross-promotion. For example, offer a discount to the gym members and in return, promote the gym in your barbershop.
• Local Advertising:  Place eye-catching flyers and posters in high-traffic areas like local gyms, cafes, and male-centric retail stores. Consider local radio ads or sponsoring a local sports team.
• Special Promotions:  Run promotions targeting local residents, like a ‘Neighborhood Discount Day’ or a special rate for first responders and military personnel.

Referral and Loyalty Programs

• Referral Incentives:  Encourage your current customers to refer friends by offering them a discount on their next visit for every new customer they bring in.
• Loyalty Program:  Implement a loyalty program where customers earn points for every visit or purchase, which can be redeemed for a free haircut or product after reaching a certain number of points.

Sales Channels

Maximizing sales involves not just attracting customers, but also encouraging them to spend more per visit.

In-Shop Sales Tactics

• Upselling Services:  Train your staff to gently suggest additional services like beard trims, scalp massages, or luxury shampoos during a haircut.
• Package Deals:  Offer bundled services at a discounted rate, such as a haircut and beard trim combo. Seasonal packages, like a summer refresh package including a haircut and a cooling scalp treatment, can also be appealing.
• Retail Products:  Stock a range of grooming products like beard oils, pomades, and shampoos. Train your staff to recommend products based on the customer’s hair type and style preferences.

Online and Mobile Sales

• Online Booking:  Implement an online booking system on your website and social media platforms. Offer a small discount or an additional service for first-time online bookings.
• E-Commerce:  Sell your grooming products online. You can also offer gift cards for services, which can be a great gift option for customers to purchase.
• Exclusive Online Offers:  Create online-only deals, like a discount for booking through the app or a special package available for purchase only on your website.

Strategy Timeline

Finally, establish a detailed timeline that outlines key milestones for the barbershop’s opening, marketing initiatives, client base expansion, and growth plans, ensuring the business progresses with clear direction and purpose.

The Management section focuses on the barbershop’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the salon towards its financial and operational goals.

For your barbershop business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.

The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your barbershop’s approach to securing funding, managing cash flow, and achieving breakeven.

This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.

For your barbershop business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).

Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds

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Barber shop business plan template + PDF

In this article, you will find an exemplary business plan for barber shop, offering a detailed framework to guide you through establishing and managing your own barber shop. It's crucial to understand that while all names and numbers in this barber shop business plan template are invented for illustrative purposes, they can be adjusted to suit the specific needs and realities of your barber shop business.

Additionally, for ease of use and customization, a Barber Shop Business Plan PDF is available for download. This article serves as an invaluable tool for entrepreneurs who are keen on developing a robust and practical strategy for launching or growing their barber shop, providing a clear roadmap and comprehensive insights into the industry.

How this barber shop business plan sample was created

To create a personalized business plan for your barber shop, all you need to do is click on "Get your business plan" . You'll be prompted to answer a few questions about your barber shop, providing essential details about your business. Our advanced AI system will then use this information to generate a comprehensive business plan tailored to your specific needs and goals. This process takes only 5-10 minutes, after which you receive a fully structured plan. The beauty of this system lies in its flexibility; you can edit and customize the plan to perfectly align with your vision. Once finalized, you have the option to save it to your computer, ensuring that your barber shop's roadmap to success is just a few clicks away.

Barber shop business plan sample

Executive summary, business description, market research and analysis, swot analysis.

• Organizational Structure and Management Team

Products or Services

Marketing and sales strategy, operations plan, financial projections, risk analysis.

Urban Edge Barbers is a young, contemporary and fashion-forward barber shop targeting individuals aged 18-25 within the local community. The company plans to differentiate itself through its cutting-edge haircuts, beard grooming services, and a range of high-quality hair care products.

The company is structured as an owner-operated small business, helmed by seasoned barber and experienced entrepreneur, Jordan Smith. Alongside him, the business comprises a dynamic team including receptionist and customer relations expert Alex Taylor, and marketing specialist Riley Morgan.

In terms of operations, the business intends to operate from Monday to Saturday, between 9 AM and 7 PM. Staff shifts will be organized on a rotational basis to ensure constant service availability during operating hours, supplemented by regular stock checks, quality control measures, and an effective system for gathering customer feedback.

The marketing and sales strategy rests on multiple pillars: maintaining an active social media presence on platforms like Instagram and Facebook, local advertising through collaboration with local businesses, a customer referral program, an easy-to-navigate website equipped with an online booking feature, and active participation in local community events.

Given the competitive business landscape, key risks include market competition, economic downturns, staff turnover, changing consumer trends, and operational disruptions. Mitigation measures include differentiation through unique offerings, staying up-to-date with industry trends, maintaining competitive prices, offering conducive work environments to staff, and proactively scheduling regular equipment maintenance.

In terms of competition, the business identifies "Style Studio Salon" , "Downtown Gents Barbershop" , and "Modern Mane Men's Salon" as its key competitors. However, thanks to a specialized focus on trendy styles and high-quality personal grooming services, the business holds a unique position in the market.

Financial projections for the next three to five years indicate a trajectory of steady growth. The first year will be primarily devoted to initial investments, with a gradual increase in revenue anticipated. By the end of Year 1, the business expects to break even. From Years 2 to 3, we foresee a steady increase in clientele, leading to an estimated 20% annual growth. As we expand our product line and services, we predict stronger customer retention. In Years 4 and 5, with a solid customer base established, we project an annual revenue growth rate of 25 to 30%, potentially expanding our footprint with a second location.

In conclusion, Urban Edge Barbers is well-armed with a dynamic team, a unique service offering and strategic marketing and operations plans. Thus, we are poised to successfully differentiate our brand in a competitive market and carve out a niche among the younger, style-conscious demographic.

Business Name and Location: "Urban Edge Barbers" is slated to launch its flagship location at the bustling heart of the city, known for its young, vibrant community and thriving business ecosystem.

Business Industry: Urban Edge Barbers will operate within the grooming and barber service industry, offering an array of premium haircuts and styling services targeted at fashion-conscious clients.

Business History: The concept of Urban Edge Barbers was conceived by its founder, Jordan Smith, with over a decade of experience in barbering and an acute understanding of emerging trends within the industry. Recognizing a gap in the market for a dynamic and modern barber shop, the plan for Urban Edge Barbers was put into motion.

Mission Statement: "To deliver exceptional grooming experiences, embracing individual style and personality, one haircut at a time" . We aim to offer a personal touch, focusing on tailor-made hair solutions with a blend of contemporary aesthetics, fostering a space where our clients can feel at ease and confident in their style.

Legal Structure: As a small business entity, Urban Edge Barbers is an owner-operated establishment constituting a sole proprietorship.

Long-term Potential: Urban Edge Barbers aims to establish itself as a trailblazer in the local market over the span of the initial three years, post which the plan is to scale and replicate our business model across multiple locations. Leveraging digital marketing and a strong community presence, Urban Edge Barbers anticipates the steady acquisition of a loyal client base, which will underpin its long-term growth strategy.

Financially, in the first year, the business anticipates a period dominated by initial costs and investments, with revenue growth gradually increasing, culminating in breakeven by year-end. As the company moves into years two and three, a steady increase in revenue coupled with the addition of new services and products is forecasted to contribute to a 20% year-on-year growth. By the close of the fifth year, the business expects to have established a strong customer base and is forecasted to witness a robust increase in revenue growth by 25%-30%.

In congruence with solidifying its financial standing, Urban Edge also plans to explore the viability of diversification and expansion via the launch of related grooming products under the Urban Edge brand.

In conclusion, Urban Edge Barbers is positioned to make a substantial impact on the local grooming service industry with its modern approach to barbering. Focusing on quality, personalization, and keeping abreast of the latest fashion trends, the business is primed for success, positioning it well for future expansion and growth.

The business we're launching is Urban Edge Barbers, located in the heart of a bustling city catering largely to stylish young professionals in search of a versatile and cutting-edge grooming experience. The barber industry presently is a booming $5 billion market, witnessing positive growth trends over the past half-decade, and is expected to maintain this trajectory considering the increasing emphasis on personal grooming and appearance within our target market.

Our primary customers consist of trendy and fashion-conscious individuals aged between 18 and 25, a demographic that currently represents a sizeable 20% of the city's population. However, our target market extends to any individual seeking a fresh and contemporary grooming experience. The growth potential of this market is significant, given the rising population of young professionals in the city and the projected growth rate of 3-5% per annum.

Based on our market research, this demographic prioritizes not just quality and efficiency in their barbering services, but also a space where the latest style trends are not just followed but created. This market demands personalized services, a creative approach to grooming, and flexible availability of appointments.

Observing the latest market trends and patterns, we discern a robust growth potential in a barber shop model that not merely offers grooming services but also doubles as a meet-up location, solidifying their cool-hangout reputation. The trend is towards experiential barbering spaces.

Our key competitors are "Style Studio Salon" , "Downtown Gents Barbershop" , and "Modern Mane Men's Salon" . Style Studio Salon holds a significant 20% market share, backed by its traditional service offering and robust market presence. Downtown Gents Barbershop, with a 15% market share, banks on its vintage charm and is popular among the older demographic. Modern Mane Men's Salon, holding a 10% market share, offers similar services to ours but lacks emphasis on personalization.

Although our market is reasonably competitive, our business model that combines an up-to-date grooming service with an experiential space sets us apart. Our lead barber Jordan Smith's expertise, combined with Alex Taylor's client service skills and Riley Morgan's innovative marketing strategies, make up a formidable trio providing us an edge over our competitors.

The potential barriers in our way to market entry may include obtaining appropriate licensing, recruiting skilled staff, establishing supply chains for premium grooming products, and standing out in a competitive marketplace. Strategies to overcome these barriers include ensuring rigorous compliance with regulations, providing attractive employment packages for quality talent, establishing relationships with topnotch suppliers, and a robust and distinct market presence using innovative branding strategies.

In conclusion, Urban Edge Barbers is well-placed to make a significant impact in the booming barbering industry. With a clear understanding of our target market needs, a robust plan to negotiate barriers, and a dynamic team to execute this vision, we expect profitable growth over the coming years.

Organizational Structure and Management

Urban Edge Barbers operates under a flat organisational structure aimed at promoting collaboration and enhancing efficiency. At the apex of the structure is the owner and lead barber, Jordan Smith. He is ably supported by Alex Taylor, a seasoned customer relations specialist who handles all reception duties, including appointment scheduling. Assisting them in crafting brand visibility and growth is Riley Morgan, the team's marketing strategist.

Despite its seemingly compact size, the team encapsulates a wealth of experience and expertise in their respective roles. Jordan, with over a decade of experience in the art of barbering, remains on top of modern men's hairstyles. Alex is a customer service maven with an unparalleled mastery of organizational logistics, while Riley, a degree holder in marketing, brings on board cutting-edge digital marketing techniques.

In anticipation of business growth and expansion, more staff will be hired to meet the demand. Current projections suggest the need for two additional barbers in the next two years and a possible recruitment of a human resource manager should the business scale up faster.

Urban Edge Barbers believe in fostering a culture of mutual respect and swift resolution of staff disputes, hence the need for transparent human resource hiring policies and practices. To maintain a harmonious working environment, the business will endeavor to ensure equality in recruitment. Detailing staff obligations, leave allocations, working hours, and remuneration will be clearly stipulated in the employee handbook.

The business will rely on the expertise of external consultants, mainly for legal and financial advice. A local accounting firm, Branson & Associates, will provide financial consultation, ensuring that the barber shop complies with local and federal tax law and maintains its financial health.

In summation, Urban Edge Barbers exemplifies a potent mixture of expertise, innovative management structure, and sound HR practices that will undoubtedly guarantee its growth and success. The deeply ingrained culture of equality and respect, coupled with its penchant for nurturing talent, speaks volumes about its vision and deliberate focus on becoming a leader in the industry.

Urban Edge Barbers specialises in a range of grooming services including, but not limited to, haircuts, scalp treatments, beard grooming, and a selection of other premium personal grooming services. All services are performed by trained barbers with comprehensive knowledge of hair types, scalp health, and latest trends in men's hairstyles.

The business also offers sales of a curated range of high-quality hair care and beard grooming products. These products have been carefully selected for their superior ingredients, exceptional performance, and ethical manufacturing practices.

One of the unique selling propositions of Urban Edge Barbers is our location-based tailoring of services. Understanding that trends and styles fluctuate based on demographics and location, our team stays ahead of the curve by constantly researching and innovating based on the local fashion landscape.

Currently, the business is in the start-up stage and our team has been diligently working on procuring high-quality equipment, sourcing suppliers for hair and beard care products, recruiting experienced barbers, and finalising the décor to echo the trendy and edgy company ethos.

The Urban Edge Barbers’ logo has been registered as a trademark at the United States Patent and Trademark Office (USPTO). The company is also in the process of patenting a unique scalp treatment mix formulated by our lead barber, Jordan Smith. The exact recipe and process are confidential for business reasons.

The production process for services begins with consultation where our barbers understand the client's requirements and make recommendations based on their hair type, face shape, and personal style. Following the service, customers are guided on how to maintain their hair or beard style at home. In terms of products, we have direct tie-ups with national distributors, who source the products from manufacturers, which are then stocked at our shop.

We have multiple suppliers for our product range, ensuring that a shortage from one supplier does not affect our inventory. For instance, our hair care range is supplied by Brilliant Hair Co., a renowned brand in the industry, while beard care products are sourced from two suppliers, Manly Mane and Beard Bros Supply, both well-reputed brands in their own right.

Overall, Urban Edge Barbers stands at the intersection of style, sophistication, and quality, ready to revolutionise the grooming experience of the urban gentleman. Our focus on localized trends and innovation, backed by our intellectual property, outlining the production process, and strategic supplier relations, are the foundational pillars on which this idea is being brought to life.

The central principle guiding our marketing strategy at Urban Edge Barbers is to cater to the trend-conscious and style-forward needs of our target demographic, young professionals and fashion-forward individuals aged between 18-25 years.

In keeping with this goal, our primary marketing channels will be social media platforms like Instagram and Facebook. By showcasing our diverse range of services, cutting-edge hairstyles, and professional staff, we aim to attract our target customers. Social media platforms also provide opportunities for engaging with customers in a more relaxed and informal way.

Our marketing plan includes regular engagements like themed posts, active interaction with followers, sharing customer testimonials, posting before and after transformation images, and sharing grooming tips and tutorials. We will also focus on local search engine optimization and online reputation management to ensure that we are easy to find and customers find positive reviews about us when they search for us online.

In addition, our sales strategy combines the efforts of our in-shop sales team that includes all our barbers and our receptionist. The team is trained to upsell services and products at the point of sale. This involves suggesting additional services during consultation and product recommendations during or post-service.

Another component of our sales plan is to offer online booking options to our clients. By partnering with an automated booking software platform, we aim to provide our clients with around-the-clock, easy-to-use, and flexible booking options. This service allows customers to choose their preferred barber, service, and appointment time, which also aids in smooth shop operations and resource allocation.

Urban Edge Barbers believes in value-based pricing. Services are priced based on the complexity, time taken, and the levels of expertise required. We aim to maintain competitive pricing in the area to ensure affordability without compromising on service quality.

Distribution channels cover both our physical location for first-hand services and our online platform for service bookings and product sales. We also anticipate creating relationships with local gyms, corporations, and local universities to provide mobile services to these groups at special events.

For promotion and advertising, we plan to invest in local print media, online pay-per-click (PPC) ads, and industry-specific magazines. The launch of the shop will be promoted heavily with an inauguration event and opening month discounts. A referral program will also be implemented to incentivize existing patrons to bring companions.

Lastly, our customer service policy is focused on 100% customer satisfaction. A feedback system will be implemented to make sure every customer is allowed to voice their opinion. We will offer support through multiple channels such as phone, email, and social media, providing timely and helpful responses to questions or concerns.

Our marketing and sales strategy at Urban Edge Barbers is rooted in understanding our customers, offering high-quality services, and maintaining robust customer relations. It harnesses the power of digital tools while remaining grounded in the principles of genuine hospitality and superb customer service.

Operational Workflow:

At Urban Edge Barbers, daily operations will be organised by our receptionist and customer relations manager, Alex Taylor, who will maintain an updated scheduling system to ensure appropriate time allocation for each client. Our opening hours will run from 9 AM to 7 PM six days a week with only Sundays being off.

Production/Service Delivery Processes:

Upon arrival, each client will be greeted by our receptionist and checked into our system. After a short waiting period in our comfortable waiting area, our clients will be attended by our skilled barbers who will take time to listen to their preferences before giving them the desired haircut or grooming service.

Quality Control Measures:

The quality of our service delivery will be placed under stringent checks to maintain our high standards. Our barbers will receive regular training under the guidance of our lead barber, Jordan Smith, to ensure they are updated with the latest trends and techniques in men's grooming.

Inventory Management:

We will conduct stock checks at regular intervals to ensure we neither overstock nor understock our inventory of grooming products and supplies. Our inventory will be managed digitally to ensure easy tracking and swift, effective re-stocking from our suppliers.

Supply Chain Management:

Our supply chain will be streamlined and efficient, derived from cemented relationships with trusted suppliers for grooming products and equipment. We maintain this by negotiating favourable terms that allow for prompt deliveries and quality supplies.

Facilities and Equipment Needs:

Urban Edge Barbers will be housed in a comfortable, spacious and modern facility equipped with all the necessary grooming equipment. Our facility will have three barber stations paired with comfortable barber chairs, washbasins, and storage cabinets. There will also be a reception area, waiting area and stock/inventory room. Mirrors, hair trimmers and clippers, scissors, combs, towels, cleaning supplies and protective gear amongst others are part of our initial equipment requirement.

We will use both direct purchase and leasing options for our equipment needs. While equipment like barber chairs and stations will be directly purchased, we might explore leasing options for certain expensive equipment such as high-end hair care and treatment machinery if required in future. All our equipment will be periodically tested to ensure health and safety standards are met.

In conclusion, Urban Edge Barbers ensures a smooth operational plan that guarantees a consistent service experience for our clients, regulated inventory and supply chain management and meeting all facility and equipment needs efficiently and economically.

As a start-up looking to disrupt the barber services market, Urban Edge Barbers has worked diligently to prepare a comprehensive financial projection to offer insight into our financial future.

• Sales Forecast: Our sales forecast for the first year is approximately $150,000, based on reasonable assumptions regarding customer acquisition and product service sales. By strategically marketing our services, offering highly sought-after endorsements, and using our talented team's networking, we intend to outperform these projections.
• Profit and Loss Projection: Considering all overhead costs, we expect to break even by the end of the first year and anticipate a slight profit of around 10% in our second year. By the third year, we aim to see a consistent profit margin near 25%.
• Cash Flow Projection: The cash flow forecast shows that Urban Edge Barbers will have a positive cash flow from the second year onward, after considering all expenses, including staff salaries, rent, maintenance, and advertising costs.
• Balance Sheet Projection: Our balance sheet accounts for all the assets, liabilities, and owner’s equity. The primary assets include cash, accounts receivables, and inventory. The liabilities consist of our debts, account payable, and accrued expenses. The owner's equity will be the difference between our assets and liabilities.
• Break-Even Analysis: Based upon cautious market penetration projections and considering overhead and fixed costs, Urban Edge Barbers expects to reach its break-even point by the end of the first year. This will be helped largely by the careful management of cash flow and strict adherence to payment schedules on both the collecting and paying ends.
• Financial Assumptions: The prime financial assumptions include a moderate economy with no major downturns which could affect consumer spending. Additionally, we have assumed a continuous increase in client base and moderate competition in the market over the next five years.
• Considerations: Our financial plan takes into consideration potential risks and challenges including potential economic downturn, staff turnover, increased competition, and market saturation. Strategies for mitigating these risks form an integral part of our business model.

In conclusion, our financial projections suggest an optimistic portrait for Urban Edge Barbers. With sound fiscal management, disciplined work ethics, and an unwavering focus on quality and customer service, the company is expected to make substantial financial gains over the coming years.

• Senior Management Team: The management team of Urban Edge Barbers is led by Jordan Smith, a barber with over a decade of seasoned experience, who owns and operates the shop. Supporting him is Alex Taylor managing customer relations and the reception, and Riley Morgan, marketing specialist well-versed in digital marketing strategies.
• Capital Requirements: The initial capital requirement for the establishment of Urban Edge Barbers is approximately $75,000, which will cover costs associated with leasehold improvements, professional barber chairs, washing units, equipment, initial inventory, working capital, and marketing for the first six months of operation. Jordan Smith will invest $45,000 from his personal savings, and the remaining amount will be funded through a small business loan.
• Risk Analysis: Urban Edge Barbers acknowledges that potential risks may come from various sources such as changing market trends, economic instability, operational disruptions, and competition. Each of these risks has been carefully analyzed, and adequate measures have been put into place.
• Market Risks: One of the main market risks for Urban Edge Barbers comes from competition. Nearby barber shops and salons that offer similar services could pose a threat. To stand out and mitigate this risk, Urban Edge will differentiate itself with unique, high-quality services and a strong brand identity that appeals to the target customer base.
• Operational Risks: Operational risks such as equipment failure or staff shortages could impact productivity. This risk will be mitigated by having backup equipment and cross-trained staff available at all times.
• Financial Risks: Financial risks could occur from economic downturns or unforseen expenses. Urban Edge plans to counter this by maintaining a conservative budget, regularly reassessing the financial landscape, and keeping a contingency fund.
• Legal Risks: As with any business, there will be legal risks including issues related to employee relations or compliance with health and safety regulations. Urban Edge plans to retain a legal advisor to ensure all activities comply with necessary legal requirements.
• Insurance Considerations: Urban Edge Barbers has taken insurance quite seriously. Commercial general liability insurance has been procured to protect the business from liability claims for bodily injury and property damage. Additionally, the business has worker's compensation insurance for the staff and will ensure that all insurance policies are updated as the business grows.

Finally, Urban Edge Barbers has established detailed contingency plans in case of any unforeseen circumstances. These include procedures to handle unexpected staff shortages, emergency facility issues, and financial strains. By palpably addressing each risk area and by having a robust contingency plan in place, Urban Edge Barbers is confident about parrying the extensive challenges of the entrepreneurial landscape.

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Business Plan For Barber Shop: A Step-By-Step Guide

Creating a business plan for a barber shop involves outlining your vision, operations, and financials. A detailed guide helps you navigate through each essential step of the formation.

Crafting a compelling business plan for a barber shop is critical for securing funding, guiding your strategic decisions, and charting a path for growth. In today’s competitive grooming industry, your plan should clearly express your shop’s unique value proposition and how it will meet the needs of your target market.

A concise, well-articulated business plan establishes a solid foundation for your barber shop, detailing service offerings, marketing strategies, staffing, and budget. By demonstrating thorough market research and a clear understanding of your niche, your barber shop business plan will set the stage for a successful venture, enticing investors and garnering a loyal customer base.

The Need For A Solid Business Plan

Starting a successful barber shop begins with a strong foundation. That foundation is your business plan. Think of it as your road map to success. It shows that you understand your business and can make it work.

Importance In Securing Funding

Let’s talk money. To open your barber shop, you need funds. Banks and investors want to see your business plan. A well-crafted plan proves your idea is worth their money. It’s your pitch to get cash to start your dream shop.

• Show how you’ll make money
• List your expenses
• Explain why your shop will succeed

Blueprint For Success

A solid business plan is your path to win. It guides your steps from start to big growth. Every part of your plan tells you what to do next. It keeps your barber shop on track to reach your goals.

• Set clear milestones
• Plan your budget
• Mark your growth steps

Getting Started With Market Research

Every successful business plan begins with thorough market research. The backbone of a thriving barber shop rests on understanding the landscape. Discovering who needs your services, where they live and work, and what they expect from a barber can set you apart from the competition. Let’s dive into the first steps of market research to position your barber shop for success.

Analyzing Potential Locations

Choosing the right location is essential. It’s not only about the foot traffic; it’s also about the right kind of foot traffic. Consider these factors:

• Accessibility : Is your shop easy to find and reach?
• Visibility : Can people easily see your shop from the street?
• Neighborhood : Does the area match your shop’s vibe?

Understanding Your Target Demographic

A clear image of your ideal customer shapes your business plan. Survey the community to gather data:

• Age range of potential customers
• Preferences in styles and services
• Price sensitivity and spending habits

Use this data to tailor your services to match your customers’ needs.

Studying Competitors

Know who you’re up against. List down local barber shops and study them: More rows can be added as necessary

Identify gaps in their offerings that your barber shop can fill. Use this insight to gain a competitive edge.

Services And Operations

Your barber shop’s success starts with the services you offer and how your shop operates . A detailed look into the services and overall operations sets the stage for customer satisfaction and business efficiency. Let’s dive into crafting the perfect service menu, designing a shop that works for you, and stocking up on the essentials.

Selecting Your Service Menu

To stand out, tailor your service menu to your customers’ needs . It’s not just about haircuts; think about shaves, trims, and possibly even spa-like amenities. Here’s a quick guide:

• Research local trends and demographics
• Determine core services most barber shops offer
• Consider unique offerings to differentiate your shop
• Set competitive but profitable pricing

Designing An Efficient Shop Layout

An organized space provides a seamless experience. Optimize each square foot for best service flow . Key points to think about:

• Placement of barber chairs for easy access and movement
• Waiting area comfort and entertainment
• Product display for maximum visibility
• Privacy for services that require extra space

Equipment And Supply Essentials

Quality equipment is a must for any professional barber shop. Invest in durable and high-performing tools to ensure customer satisfaction and repeat business. Your checklist should include:

Ensure you consistently restock supplies like capes, neck strips, shaving cream, and aftershave products. Your commitment to quality will pay off in client loyalty and positive word-of-mouth.

Crafting Your Brand Identity

Crafting your brand identity lays the foundation for your barber shop’s success. Like the sharp edge of your scissors, your brand cuts a memorable image into the public’s mind. It stands for who you are, what you offer, and how you differ from the crowd. Let’s give your brand the style and presence it needs to turn heads and draw clients in.

Choosing A Name And Logo

Your barber shop’s name is its first handshake with the world. It needs to be firm, friendly, and unforgettable. Selecting a name involves creativity and strategic thinking. Make sure it reflects your services, culture, and unique selling points. Next, design a logo that serves as the face of your brand. The logo should capture your shop’s essence at a glimpse. Bold, clear, and scalable are key qualities—it must look sharp on everything from a storefront sign to a tiny mobile screen.

Creating A Marketing Strategy

A solid marketing strategy puts your brand on the local map. It involves careful planning and an understanding of your target market. Start by profiling your ideal clientele. Remember, demographics like age, lifestyle, and fashion preferences shape your marketing voice and channels. Use social media, local advertising, and community events to spread the word. Always consider what makes your brand the go-to destination for a trim or a shave. Create promotions and content that highlight your unique offerings and the experience customers can expect.

Financial Planning

Welcome to the crucial chapter of crafting your barber shop’s business plan: Financial Planning . Every successful venture requires a robust financial blueprint. It’s the core of your business’s health and sustainability. Let’s break down the financial planning into clear, practical steps ensuring your barber shop flourishes.

Determining Start-up Costs

Knowing your initial investment is key to a smooth launch. List all necessary expenses before the grand opening. Think about:

• Rent deposits and utility set ups
• Barber chairs and styling tools
• Inventory like shampoos and conditioners
• Permits, licenses , and insurance costs
• Branding and marketing materials

Compile these into a comprehensive list. Consider a table for clarity.

Forecasting Revenue And Expenses

Equally critical is projecting future cash flows. Create monthly projections for at least the first year. This includes:

• Service revenues, like haircuts, shaves, and trims
• Product sales, such as grooming products
• Regular expenses, including rent, utilities, and salaries

Use realistic growth rates for precision. A spreadsheet can be your ally here, presenting data clearly.

Setting Prices Strategically

Establishing the right price points is vital. Research competitors and understand the market. Your prices must:

• Cover costs, ensuring sustainability
• Provide value, key to customer satisfaction
• Be competitive, to attract and keep clients

Consider special offers to kickstart business. Remember, flexibility helps to adjust as you learn more about your customers’ preferences.

Legal Considerations And Compliance

Starting a barbershop requires more than just scissors and combs. A strong understanding of legal requirements is vital. This ensures your business runs smoothly without hiccups from regulatory bodies. We will guide you through acquiring the necessary licenses, permits, and adhering to health and safety regulations.

Required Licenses And Permits

Kicking off your barbershop begins with the right paperwork. Licensing requirements vary by location. Be sure to check with your city or county clerk’s office. They can guide you on specific requirements for your area. Generally, you will need:

• A business license to legally operate.
• A barber’s license for each employee, proving they are qualified.
• Specific permits, such as a sign permit or a building permit if you plan to alter your space.
• A seller’s permit if you plan to sell grooming products.

Ensure every license and permit is up to date to avoid penalties.

Navigating Health And Safety Regulations

Barbershops need to prioritize client safety. This means staying informed on state and federal health regulations. Key areas include:

• Sanitation practices, ensuring all tools and surfaces are disinfected.
• Safe disposal of hazardous materials like used razor blades.
• Regular health inspections, showcasing cleanliness and compliance.
• Occupational Safety and Health Administration (OSHA) guidelines for employee safety.

Build a checklist to regularly audit your shop for compliance. Training staff on these practices is equally important.

Building A Winning Team

A barbershop thrives on the skills and camaraderie of its team. Understand that the level of service provided will be a direct reflection of the quality and harmony among your team members. This segment delves into the essentials of building a team that not only delivers expert haircuts but also fosters an environment of mutual respect and shared growth.

Hiring Qualified Barbers

Finding the right talent is crucial to the success of your barbershop. Start by laying out the qualifications you seek such as certifications, experience, and expertise in latest hair trends.

Utilize job boards, social media, and barbering schools to reach potential candidates . Conduct interviews that assess both skill level and personality fit to ensure a cohesive team.

Fostering A Positive Work Culture

Once you’ve hired qualified barbers, creating a nurturing work environment becomes key. A positive culture increases job satisfaction, reduces turnover, and keeps your team motivated.

• Implement regular team meetings for open communication.
• Encourage ongoing education to advance skills.
• Recognize and reward hard work to boost morale.

Remember to promote team bonding through events or outings. Such initiatives encourage your staff to work well together, which in turn attracts a loyal customer base.

Launching Your Barber Shop

The big day is drawing near! After months of preparation, your barber shop is almost set to open its doors. To ensure a successful launch, it’s crucial to create excitement and draw in the crowds. A grand opening and smart use of social media can set the stage for your shop’s future success. Let’s explore these pivotal steps.

Planning A Grand Opening

• Select a date that avoids major holidays and local events.
• Organize live music or entertainment to attract attention.
• Offer special promotions like discounted cuts or free samples.
• Create engaging flyers and distribute them locally.
• Partner with local businesses for cross-promotion.

Remember to capture attendees’ contact info. It helps in customer follow-ups.

Leveraging Social Media

• Post teasers of your shop’s interior and services offered.
• Showcase before and after images of haircuts.
• Announce your grand opening with an eye-catching event page .
• Use hashtags relevant to your local community and services.
• Engage with followers by conducting polls and Q&A sessions .

Regular updates can keep the buzz alive even after the grand opening. Consistent posting helps maintain interest.

Planning For Growth And Sustainability

Designing the future of a barber shop means careful planning. Success depends on loyal customers, modern services, and possibly new locations. A good business plan acts like a roadmap. It helps barber shop owners expand while maintaining quality service. Let’s dive into ways to retain clients and explore service and location expansion methods.

Retaining Clients And Building Loyalty

Customers are the heart of any barber shop. Keeping them coming back requires excellent service, a personal touch, and rewards. Consider these strategies:

• Membership Programs: Offer discounts to regular visitors.
• Referral Incentives: Encourage word-of-mouth promotion.
• Quality Experience: Ensure every visit is memorable.
• Feedback Loops: Use customer opinions to improve.

Expanding Services And Locations

Growth is more than just increasing revenue. It’s about shaping the business for the future. Expansion should align with customer needs and market trends. Observe these steps:

• Analyze Market Trends: Stay updated with new styles and services.
• Upgrade Skills: Train staff in the latest techniques.
• Diversify Offerings: Add services like hair treatments and grooming products.
• Evaluate Demographics : Understand the locals before opening new shops.
• Strategic Location: Choose new shop sites wisely.

Planning empowers a barber shop to thrive long-term. Remember, steady growth ensures survival and success.

Frequently Asked Questions

How to start a barbering business.

Gain knowledge in barbering and obtain the necessary certifications. Develop a solid business plan including location, services, and budget. Secure financing through savings or loans. Obtain the required licenses and insurance. Finally, set up your shop, hire skilled staff, and launch marketing campaigns to attract clients.

How Do I Start A Simple Barber Shop?

Starting a barber shop involves five essential steps: research local regulations, create a business plan, secure financing, find the perfect location, and purchase necessary equipment. Obtain relevant licenses, hire skilled barbers, and promote your shop effectively for success.

How Do I Start A Successful Barber Shop?

To launch a successful barber shop, create a solid business plan, obtain necessary licenses, choose a high-traffic location, hire skilled barbers, and implement an effective marketing strategy to attract and retain customers.

What Are The Business Models Of Barbershop?

Barbershop business models typically include traditional walk-ins, membership or subscription-based services, chair rental agreements, and franchise operations. These models cater to various customer preferences and barber entrepreneurship styles.

Crafting a solid business plan is the cornerstone of launching a successful barber shop. By thoughtfully following this comprehensive guide, aspiring entrepreneurs gain clarity and direction. Remember, this roadmap is more than a formality—it’s the blueprint for your barber business dream.

Now, turn those detailed steps into your brand’s reality and start snipping your way to success.

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• Purchase History

Barbershop Business Plan Template

Trusted by 900+ Downloaders

What You Get

• A compelling & detailed pre-written Barbershop business plan template in WORD
• A full & automatic Barbershop financial plan model in EXCEL you can easily customize
• Customized text tailored to your Barbershop business
• The ability to paste advanced charts and tables within a click
• No accounting or specialized financial knowledge needed
• A cost-effective solution saving you time and money

Barbershop Business Plan Template Description

Are you looking to open a barbershop? Are you a barber seeking to establish your own men’s salon? If yes, then our ready-made barbershop business plan package is your perfect solution. It includes a pre-written business plan in Word and an automatic financial plan spreadsheet in Excel tailored to the barbershop business, and which you can easily customize to fit your own project. Save tons of time and money and download our investor-grade barbershop business plan template, no financial or accounting expertise required. Check the full content below.

Barbershop Business Plan Document in Word

Our ready-made Barbershop business plan template is in Word format and includes 23 pages. The document is divided into multiple sections. Each section contains the essential points that are necessary to effectively present your Barbershop project. Each section and sub-section offer you a sample text you can easily customize to make your business plan unique. Below is a small excerpt of our ready-made barbershop business plan template in Word.

Automatic Barbershop Financial Model in Excel

Our pre-populated financial model is in Excel format and includes multiples worksheets. You can easily edit the model’s inputs including changing costs and revenue assumptions to generate pro-forma financial forecasts including P&L, Cash flows and Balance Sheets. Below is a small extract of the automatic barbershop financial plan Spreadsheet in Excel.

The Benefits of Creating a Business Plan for your Barbershop Project

A business plan is a key document for your barbershop project. It can help you articulate your business goals, secure financing, and attract talent. The following are some of the major benefits of creating a business plan for your barbershop:

• A business plan is a comprehensive document that outlines the key aspects of your barbershop business, including its concept, target market, value proposition, and long-term goals. For example, your business plan might outline your vision to become the premier barbershop in your community, offering high-quality haircuts and grooming services to men of all ages. It can also help you identify opportunities for growth and differentiation in the competitive landscape, such as offering specialized services like hair coloring or monthly grooming packages.
• If you need external financing to start or grow your barbershop, a business plan and financial plan can be critical in convincing investors to fund your venture. The financial plan should include detailed projections that show how you plan to generate revenue, achieve profitability, and return on investment. For example, your financial plan might include assumptions about your pricing strategy, marketing budget, and operating costs, as well as projected income statements and cash flow statements.
• A business plan and financial plan serve as a roadmap for your barbershop business, helping you monitor your progress and make adjustments as needed to stay on track. By regularly reviewing and updating these documents, you can monitor your financial performance and identify any potential financial risks or opportunities. For example, you might discover that you need to adjust your pricing strategy or marketing efforts to better meet the needs of your target market.
• A financial plan is a crucial tool for managing the financial aspects of your barbershop business. It provides a clear overview of your income and expenses, helping you create a budget that aligns with your business goals. It can also help you make informed financial decisions by identifying potential risks and opportunities and providing a basis for evaluating different financial scenarios. For example, you might use your financial plan to decide whether to lease or buy certain equipment, or to determine how much capital you need to maintain a healthy cash reserve.
• A business plan can also be an effective tool for attracting and retaining top talent for your barbershop. By outlining your business goals, values, and culture, you can attract employees who are aligned with your vision and mission. A well-written business plan can also help you communicate your goals and expectations to your team, keeping them motivated and engaged. For example, you might include a section in your business plan on employee development and training, highlighting your commitment to investing in your team’s skills and growth.

This Ready-Made Barbershop Business Plan is For

• Entrepreneurs wishing to start a Barbershop business
• Aspiring Barbershop owners who want to create a business plan fast and easy
• Barbers and men’s hairdressers who wish to pitch their project to investors
• Businesspeople who wish to better understand the potential of the opportunity

Immediate Delivery by Email

• Once you complete the order, you will receive an email with links to download your documents
• Your order will contain the full pre-written business plan in Word
• Your order will contain the full customizable financial model in Excel

Your Barbershop Business Plan Content

Executive Summary: Our Barbershop business plan template starts with a compelling Executive Summary. This key section is very important as it summarizes in 1 page your project. It will introduce your business model, the key people behind the project as well as the unique selling proposition offered by your Barbershop. This section will also mention how market conditions and consumer trends are favorable for launching your project.

The Problem Opportunity:  Next, your ready-made Barbershop business plan will list a number of problems experienced by your prospects in your target market and will show how this presents a unique opportunity for your Barbershop. These can include issues such as lack of chiropractors in a certain location, undifferentiated offering by current actors in the market…etc.

The Solution:  This section explains how your Barbershop business will take advantage of the current problems in the market and will detail your innovative solutions.

Mission & Vision: Your mission will explain in a couple of sentences your Barbershop’s business ethos. In other words, it will summarize your unique value proposition and will explain how you are different than the competition. Your vision will explain the long-term plans for your Barbershop. Are you planning to start with one branch today and expand to a multi-branch business model? Are you looking to transform your Barbershop business into a franchise model?…etc.

Business Model:  This section details your Barbershop   project using the business model canvas method. In a visually appealing table, we will detail your business’ key partners, activities, resources, value proposition, customer segments, customer relationship plan, marketing channels, cost structure and revenue streams.

Products & Services:  Next, we will talk in detail about your various products and services. We will describe your various types of grooming services and provide information about your pricing.

Market Analysis:  This important section describes the various market statistics and consumer trends in the Barbershop industry and explains how they support your own project. The purpose of this section is to show that the market conditions are favorable for launching your new Barbershop.

Global Market Trends:  In this sub-section of the market analysis, we will discuss the latest general market trends in the Barbershop industry. We will look at the global industry size, growth rate, growth diving factors and consumer trends.

Local Market Trends:  This sub-section explains the local market trends that are relevant to your specific Barbershop business.

Target Customers:  In this section, we will describe your various customer profiles by providing information about their demographics, behavior and purchasing habits.

Competitive Analysis:  We will analyze key competitors active in your target market and provide insights about their strengths and weaknesses.

Competitive Advantages:  After looking at the competitive landscape, we will then show how your Barbershop business is differentiating itself from the competition through a number of key advantages.

SWOT Analysis: This section features a 4-quadrant table with explanations about how your Barbershop intends to leverage its key strengths, mitigate weaknesses, capture opportunities and thwart any future threats.

Marketing Plan : This chapter provides detailed information about your go-to-market strategy. It includes a detailed action plan to help you build brand awareness and generate sales.

Branding & Awareness:  We will describe in this sub-section your choice of key marketing channels to build branding and awareness.

Customer Acquisition:  We will describe in this sub-section your choice of key marketing channels to acquire customers and increase sales.

Operating Plan:  This chapter provides information about your Barbershop’s opening hours, internal processes and describes the interactions between various key departments and teams.

Management Team:  It is very important to present the key people behind your Barbershop   project and thus we have dedicated a section for this very purpose. It is also important to talk here about the founder’s vision, his past education and professional experience.

Hiring Plan:  No business can succeed without having on board the right team. This section lists all the key positions you plan to hire with information about their salaries and expected start dates.

Key Milestones:  To be able to launch and execute your Barbershop   project, you need to follow a set of actionable tasks with target deadlines. This section serves this purpose.

Financial Plan:  Without a robust financial plan, your Barbershop business plan would be an incomplete document. This important section provides crucial information about your pro-forma financial projections and shows that you have really done your homework. The data mentioned in this and the following sections will be provided by the dynamic Excel financial model accompanying your Barbershop business plan.

Projected Revenue:  This module shows your Barbershop’s revenue projections over the next three years.

Projected Profit and Loss:  This module shows your Barbershop’s income statement (also called profit and loss statement) over the next three years. Your income statement includes detailed projections about your sales and expenses and shows how your Barbershop’s revenue is converted into a net profit.

Projected Cash Flows:  This module shows your Barbershop’s cash flow projections over the next three years. The first year of operation is even detailed on a monthly basis. Your cash flow statement will detail the various cash inflows your Barbershop   will generate from its day-to-day operations and from funding sources, as well as the various cash outflows required to pay for operating expenses and business investments.

Projected Balance Sheet : This module shows your Barbershop’s balance sheet projections over the next three years. The balance sheet will provide a summary of your Barbershop’s short term and long term assets in addition to your short term and long term liabilities and capital.

Profitability Analysis:  In this section, we will provide information about your gross margin, net margin and discuss the profitability of your Barbershop business.

Funding Requirement:  This module states the amount of funding your need to be able to comfortably launch your Barbershop business. It also describes the planned allocation of the funds between Opex and Capex.

Conclusion : Finally, we will conclude your business plan by recapitulating the key points that make your Barbershop project compelling and reiterate the rationale behind your business opportunity.

Why Use our Ready-Made Barbershop Business Plan?

• Speed & Convenience:  Once you complete your order, you will receive the Barbershop business plan directly in your mailbox. Since it is already pre-written with fully customizable financials, you will only need to spend a couple of hours to edit it and adapt it to your own Barbershop
• High Quality:  Your Barbershop business plan has been written by our professional team of business plan writers and experts from the men’s grooming industry. You will receive a professional Barbershop business plan template ideal for presenting to potential investors or banks.
• Low-Cost:  Our pre-written Barbershop business plan template is the most cost-effective solution in case you need to build a solid and professional Barbershop business plan. We are confident you will save hundreds if not thousands of dollars by ordering our premium business plan compared to hiring a consultant or subscribing to complicated and expensive software.

If you have any question regarding our ready-made Barbershop business plan package,  do not hesitate to contact us , we are here to help.

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Millionaire Barber Reveals How Stylists, Barbers, Nail Techs and Estheticians Become Millionaires " School Starter Program ":

Saved My Life

How cutting hair in prison for 3 cents an hour and disappointing my mom   reset my life, set big future goals ...

And led me to discover the real reason

SO MANY BEAUTY PROS ARE TIRED OF THE SHOP...

and what you need to do instead.

Hey, I'm Uchendi "Chin" Nwani aka Millionaire Barber,   

If there's one thing people know about me, it's that I use to cut hair in Federal Prison for 3 cents an hour, right?

They know I was released November 15, 1995 with no money, no job, no drivers license and bad credit.

But my dream was to open a school.

(More on that in a second)

And my life had completely fell apart.

All my life people had been telling me that I was a failure... but being a FELON turned my life upside down.

I could not find a job...

My credit was bad...

I was living at a Federal Halfway House...

I did not have any money...

I had low self esteem and did not believe in myself...

The judge told me that society "would look down on me", since  I was a convicted drug felon.  

Then, my sister went to Prison...

I was devastated, because she was innocent.

The hardest part was my mom having to take care of my sister's 3 year old daughter.

My sister would never be able to live her dream of becoming a nurse, because of her felony drug record, "it was all my fault".

I laid awake and cried every night in prison, worried I'd never make enough money to help take care of my sister and mom.

But now I see that my failure actually saved my life...

Because when I started writing my school business plan, with the help of Mrs. Velma's School Blue Print I'm going to share with you, all of my dreams seemed to become a reality!

After implementing "The School Blueprint" I was able to open my school with no experience, no skillset and very little money.

Mrs. Velma created this powerful, but very simple and easy to follow "School Blueprint"!  

Meet my mentor Mrs. Velma ($1M per month school owner)

Opened my small school with  no experience, no skillset and very little money

Ran my school like a big shop and serviced all of my personal clients

Students were on payment plans and working my clinic floor

Got accredited and received over $20M in financial aid

How many beauty professionals do you know that transitioned from the shop/salon to owning a school? (Just one, I bet...)

That's why I sat down to write this to you.

If you're a stylist, barber, nail tech or esthetician, I bet you feel a lot of the same things I felt back then:

Tired of working behind the chair

Sore neck, back, knees, legs, varicose veins, carpal tunnel and ...

Tired of training graduates for free

You have a passion to teach

Your income has capped out in the shop

Been in the industry a long time

No good schools in your area

Don't know where or how to start

Bad credit or no credit

Feeling chained behind the chair

Scared of being an old broke down beauty pro

Like me, you might even be chalking it up to " the reality of fear or scared to moving forward ".  

The good new is, that you don't have to feel this way. Once I implemented what I'm about to share with you (Mrs. Velma's School Blueprint), it was like someone reading my mind:

It changed me and my family's life, made me feel like a new me again.  

Influence and status in my community skyrocketed

More free time to spend with my family

Way Less physical work

Felt way more appreciated at the school

Take family vacations, without worrying about how to pay the bills

Retired my mom and sister and bought both of them houses

Teaching students the professional way

Making $20k per student

Receiving 100% of the clinic floor money and product sales

Profiting from student books and kits

Profiting from servicing my personal clients and advanced classes

I'll tell you right up top that my solution for these issues involved me implementing the School Blueprint, but you've probably never heard of of tried before...

Maybe you've tried working in a shop or even opening your own shop to experience some of these same benefits...only to discover that it didn't work...

Or you're thinking about opening a school, but you're worried that everything you're hearing is " just hype "...

If you haven't tried OPENING A SCHOOL yet, I'm glad

you're reading this first...

And if you're working in a shop-salon or suite, then I've got good news for you.

There's nothing wrong with you.

The truth is that working in a shop-salon or suite just don't work to give you the desires and lifestyle you deserve...

And there's a simple reason why.

The problem is, with all the hype around the beauty industry, you've probably never heard what I'm about to show you...

And it could cost you EVERYTHING.

Luckily, you're here now and I'm going to show you EXACTLY what I did to get my desires and lifestyle again...

And what you can do to avoid wasting your hard earned money and time on worthless shops, salons or suites.

Keep reading and I'm going to show you a simple test to let you know right  away whether it's time to leave your shop-salon or suite...

Plus, reveal once and for all why shops-salons and suites don't work in the long run for so many barbers, stylists, nail techs and estheticians. (It isn't just you...)

And, show you the simple way to easily open your school and experience all the benefits you keep hearing other school owners have...

And what you should do to prevent the shop-salon-suite from damaging your body...you don't want to continue working behind the chair without seeing this.

It all started with the FBI charging me with conspiracy to distribute cocaine, trafficking cocaine, gun charges, aiding and abetting...

October 12, 1993 (Sounds weird to say it was over 30 years ago doesn't it?)...

I was just getting ready to head to Tennessee State University to take my mid-term exam (yes, I was in my senior year at TSU)...

When my beeper went off 6 times with code "911"in class...

Which was weird because, my sister was the person beeping me 911 and she did not ever sell drugs.

So I just got up out of my seat and turned my exam into the teacher, I called my sister and she said the scariest thing I'd EVER heard in my life.

She said a police helicopter and numerous police where surrounding a burgundy car tag from Miami Florida with my driver in it.

Men wearing full SWAT gear , with mask on were pointing guns at the car...

Screaming at the driver to get out the car with your hands up in the air.

I was the lead target in the investigation called " Operation Coke Dreams " --they always come up with the best names, don't they?

It wasn't funny then, but now I laugh when you think that there was an FBI office somewhere in Nashville with one of those big investigation boards with all the photos and notes and strings...

And who's at the top, in the spot reserved for the big "kingpin" godfather?

So, what brought Operation Coke Dream into my college life that day...

...with cops  and helicopters chasing a car from Miami Florida (while I was in class taking my mid-term exam)?

It wasn't weed...or pills or anything like that...

It was cocaine. (Kilos of cocaine)

You see, I thought I was real smart at the time, I thought I could get other people to sell the drugs for me and I never get my hands dirty.

I did not know about the law "Conspiracy", I thought you had to get caught with drugs in order to go to prison.

I knew what I was doing was totally wrong.

Like they say... "Play stupid games, and win stupid prizes."

My life changed over night.

1993 my world came crashing down.

I went from being a young multi millionaire with the finest cars and women to losing everything...

The next few years were a living hell...

By the beginning of 1995 I was broke and trying to defend myself with a public defender...

My co-defendent (the driver who got caught with the load of cocaine, was out on bond and he got caught again with cocaine).

Eventually , I pled guilty to a lesser charge to avoid the government fully prosecuting my sister (who was 100% innocent in this whole thing)...

By March of 1995 I started serving my prison sentence at Lewisburg Correctional Facility in Pennsylvania...

But before I did that, I promised my mom that I would never hurt or disappoint her again.

See, I was brought up in the church, my mom worked from sun up to sun down, but we never had any money.

I thought that selling drugs was a way out of poverty, but I soon found out that it was a dead end that lead to death or prison.

So I gave it up for good.

I was a self surrender, meaning I voluntarily surrendered to the prison for my sentence. I flew from Nashville to Harrisburg Pennsylvania, slept on the airport floor, the next morning I caught a bus to Lewisburg Pennsylvania to begin my sentence.

The weird thing about federal prison, (white collar prison, like I was in at least), is that it's actually not that bad...

The real punishment is having to be away from your family. That part is torture...

But during my actual stay at Lewisburg Federal Prison...

I almost killed my mom who was a school teacher and my step dad who was the most prominent black pastor (Dr. Rev. Enoch Jones) in Nashville. They named a street after him.

Because of the embarrassment, disappointment, shame, hurt and STRESS I caused my parents...

My dad had a near deadly stroke that left him in diapers and fighting for his life.

My mom had a terrible nervous breakdown from me and my sister having to withdraw from our senior year at Tennessee State University and go to prison, while she took care of (Whitney) my sisters 3 year old daughter.

I cried every night in prison, with my face buried in my pillow.

All the while, I kept feeling worse and worse...Feeling like I did not want to live.

Of course, I blamed myself for all the pain I caused my family (it was really terrible)...

And the stress of being away from my mom.

So, I kept my faith in God, read my Bible and focused on staying busy to try to make the time go faster.

The best thing that helped my time and ease my mind in prison was CUTTING HAIR.

Before I knew it, my time was up, and I was released with a one way 28 hour Grey Hound bus ticket from Lewisburg to Nashville...

I had no money, no job, no drivers license, bad credit and no credit.

No matter what I tried, no company would hire me because of my felony record.

I kept filling out job applications, I even enrolled back in college to finish my last 42 hours.

No one would hire me and the FEDS were going to send me back to prison to finish my sentence, because I couldn't find a job...

Three days before they were gong to send me back to prison, I got a job cutting hair in a shop...

Working in the shop was not going to help achieve my desires and help take care of my family.

So, I started doing all the reading and research I could about opening a school.

In 1998 a friend told me about Mrs. Velma and here "School Blueprint Program" ...

Mrs. Velma Demonbreun had helped a few thousand people open schools all over the United States, become accredited and receive millions of dollars.

She even helped one of the largest corporate schools get started and that corporate school charges over $1M for their school blueprint program.  

Even if you didn't know how or where to start, her program would help you get to the finish line.

You didn't need no experience, no skillset and very little money to open a school...

Looking at what she was doing I decided to see if trying for myself could help me open a school, become accredited and make millions of dollars...

So I could take care of my mom, sister and the rest of my family.

I followed Mrs. Velma's School Blueprint and did the bare minimum that the stateboard required.

Most beauty professionals think that you need a lot of money, or you got to have a lot of experience, or you got to have a great skillset, or you got to know how to do piles of paperwork... BIG LIE!

I drove around town looking for an affordable place to rent, but no one would rent to me, because I had a felony record, on federal parole and bad credit...

Finally an old man who owned a ragged stripe mall in the hood let me rent from him, "As you can see in the picture my roof was leaking from all of the brown spots on my ceiling, I remember putting red chitterling buckets all around my clinic floor to catch the water from the leaky roof"...

Accountants told me that I needed at least 6 months of savings in the bank for a "rainy day fund", I had a few dollars in my school bank account when I opened, "just enough to keep my account from closing".

I had a " GOD Day Fund ", God had my back, I just put my trust in him.

My school was cheaper to open and operate than my barbershop. I was the janitor, theory instructor, practical floor instructor, admissions rep, book keeper, director- heck I was Mr. EVERYTHING...  

I had a small clinic floor, small classroom, small office, small restroom, small waiting area and I made a closet into my small breakroom.

Everyone in Nashville laughed at me and told me I was crazy for joining Mrs. Velma's School Blueprint Program...

The most amazing thing happened!

Not only did all of my clients follow me to the school and I started enrolling students that made cash down payments and monthly cash payments.

I started feeling influence and status ALL OVER.

How many barbers, stylist, nail techs and estheticians tell you they are totally satisfied working in the shop?

My mom was more proud of me and my sister completing our college degrees in 1996 from Tennessee Sate University than me opening my school in 1998.

I promised my mom that I would go back to college and graduate after I was released from prison...

I knew no one was going to hire me with my Felony Record , but I knew it would make mom proud... "Just Look at my mom smiling".

27 years later and my mom still has my degree hanging on her bedroom wall.

It was like I had achieved my dream so fast...

The school was so much better than the shop.

I felt more appreciated by the students...

The community gave me more respect and I felt my influence and status every I went.

In addition to owning the school, I appeared in EBONY Magazine in 2000.

Halle Berry was on the front cover of the magazine.

People from all over the United States, wrote Ebony Magazine to get in contact with me.

I suddenly was demand for speaking engagements... I had never spoke to a crowd in my life... I'm an INTROVERT.

Overnight, I became an Evangelist!

Bishop T.D Jakes contacted my Barber School and invited me to speak at his ManPower Conference to over 20,000 men.

I was telling everyone who would listen about how amazing Mrs. Velma's School Blueprint  and how God had Blessed my life...

I was all over the media telling America that "This School Blueprint Program is a MIRACLE!"

Now, obviously, I'm not a preacher...but you and I both know we can testify how God has Blessed our life...

For over 25 years, I have been telling beauty professionals about Mrs. Velma's School Blueprint.

And I personally believe that it helped me change my life and my family's life.

I'm 52 years old now, and I can run circles around most 30 year olds...

I think owning a school helps keep you young and healthy inside and out as the years keep ticking by...

Over the last 25 years, as a school owner, I've seen more and more beauty pros open schools with Mrs. Velma's School Blueprint...

I've only become MORE of a believer.  

I have personally helped over 600 people across the United States open their school.

I believe in the power of this School Blueprint Program and I wanted EVERYONE to experience it...

Mrs. Velma explained why so many beauty professionals are able to easily transition from the behind the chair to open a school:

To begin with, most beauty pros have to believe in themselves...most are scared and nearly 90% of them let fear stop them ...

If they just follow all these simple steps in the already done School Blueprint and contact the support team for any questions, they can easily do it...

#1 is the school business plan and 100 point checklist, copy and paste it...

The order goes like this

School Business Plan

100 Point Checklist

Wholesale Vendors List

Your Stateboard Required (Documents, All Policies Procedures, Curriculums, Catalog and more

All Government Required Documents To AVOID Making Costly and Timely Mistakes

All Accreditation Documents To Avoid Getting Denied and Delayed

Live Weekly Trainings Every Wednesday Night (We Email All Members The Replays)

7 Day Online Support

Lifetime Access To Your Private Portal (Video Trainings and Copy/Paste Documents)

Chin's direct phone number

It's why if you're a barber, stylist, nail tech or esthetician that desires a better life...but you have a MAJOR PROBLEM , "you're scared, don't know how or where to start, you're listening to dream killers and negative people".

It's why most barbers, stylists, nail techs and estheticians operate BELOW their potential instead living the life they truly deserve.

So, for people trying to open a school by themselves without the School Blueprint, you'll have major problems:

Most beauty professionals are brainwashed into thinking that they can only work behind the chair.

Other school owners often tell beauty professionals that it's to hard and too much paperwork to open a school...

And they never even read the rules and regulations to see what's actually required.

Trying to do your own School Business Plan is a mistake ...

Trying to figure out how to submit the Stateboard Application, Policy Procedures, Curriculum and other required documents is a mistake ...

Even after making costly and timely mistakes and you finally get open...

That leads to a second problem:

School Owners end up making massive mistakes with all the documents required properly operate their school...

And like Mrs. Velma warned me about school owners getting denied and delayed from getting government funding...

The scary thing is, most school owners are trying to cut corners and avoid some of these required documents with the correct verbiage listed below...

School Catalog with the required 45 Point Checklist

Leave of Absence Policy with the required 20 Point Checklist

Satisfactory Academic Progress Policy with the 35 Point Checklist

Withdrawal & Settlement Policy with the 37 Point Checklist

Contract/Enrollment Agreement with the 44 Point Checklist

Student Orientation Checklist

Orientation Receipt

Appeal Form

Official transcript

Advisory Committee Form

Student Grievance Form

Substitute Instructor Orientation

Self Employment Certification Form

Instructor Survey

Current Student Survey

Graduate Survey

Institutional Refund Calculation Form

Annual Report Verification

Student Advising Form

Accreditation Candidate Application

And more...

"So" , Mrs. Velma said " the answer isn't just having these correct documents with the right verbiage, but also knowing how to correctly implement and fill them out correctly. "

She was right.

The School Blueprint Program Solution

The reason you need to do the School Blueprint Business Plan, All The Copy/Paste Required Documents, Unlimited Online Portal Access, Weekly Live Trainings, Accreditation Steps, Guidance and Support....

To AVOID costly and timely MISTAKES .

What happened to Sharon when she tried to do it by herself?

She struggled completing her business plan, she didn't have the 100 point checklist, she didn't have the revenue vs. expense chart.

Her stateboard application was rejected twice, before it got approved.

Sharon got denied her Accreditation, because she must have gotten documents from Google or somewhere.

Her school ended up closing down and she is still working 10+ hours per day.

Sharon looks 20 years older, her wig even looks like an old church lady.

What makes The School Blueprint Program so special?

Remember, I did not have any experience, no skillset, bad credit, no credit and on federal parole...

When I joined the " School Blueprint " and opened my school...

Many people told me to stay in the shop and wait a few years...

I joined Mrs. Velma's Gold Program, she had 3 different programs (Starter Program, Bronze and Gold Program)...

11 years ago I partnered with Mrs. Velma, because she was retiring...

My goal was to help 1,000 barbers, stylists, nail techs and estheticians open schools, become accredited and get government funding...

You and others have probably seen me and my over 600 other school owners on Facebook, Instagram or Youtube...

Wondering if this School Blueprint Program is "for me, will it work for me, is it really real, is it a scam...

Well it's REAL.

I was able to make over $20M dollars and help thousands of students, before retiring to help you open your school.

Finally, I was able to take care of my mom.

The School Blueprint  allowed me to retire my mom, buy her that 10,000 square foot home and spend unlimited time giving her the flowers she deserves right now...

The video below are not to impress you, but to impress upon you...

With that kind of certainty, this should be one of the easiest decisions you've ever made...

You can join right now, so you can avoid the costly and timely mistakes...

So choose from of the available programs below and choose whatever program you feel is best for you.

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Regions with the most U.S. dollar millionaires in Russia 2020

Number of u.s. dollar millionaires in russia in 2020, by federal subject (in 1,000s).

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The source obtained the number of U.S. dollar millionaires in Russia from the assessment by Credit Suisse for 2020.

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A fair for oligarchs with money to burn - Business - International Herald Tribune

By Andrew E. Kramer

• Oct. 31, 2006

MOSCOW — Who advertises their wares as the most expensive in the world? People who are selling to the Russians.

For Russia's oil barons, captains of industry and others for whom the origins of their wealth is less clear, 250 vendors of private islands, jets and yachts set up booths over the weekend at the second-annual Millionaire Fair in Moscow.

Michael Morren, a dapper Swiss executive in a pinstriped suit, sells high- end cellphones for the GoldVish brand of Geneva. For those more familiar with Nokia or Motorola, GoldVish cellphones sell for $18,000 to $150,000.

In Moscow, that is not good enough. Morren was selling a diamond-studded cellphone for $1.27 million.

Just in case the glitter of 120 carats of diamonds encasing the phone, made of white gold, did not draw customers, Morren hired a blonde model to hold a plaque declaring: "Certificate of the most expensive mobile phone."

"Somebody is wearing a nice watch and nice jewelry," Morren, the president GoldVish, said, referring to wealthy Russians who now wear plenty of diamonds and gold. "And then the phone rings. It doesn't match. It's a piece of plastic. We make it match."

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