Business Plans

DWhite6872 · 04-23-2005, 08:13 PM

This is the most important step in your planning of your business.
I see a lot of people that come on here and would like all of the answers...right now...but do not want to research and sit down and think about their salon, location, marketing plan,pricing, store layout, and actual constructions, advertising, and everything else that comes with owning your own business. How are you going to present your plan to a lender?

For salon owners who have been in business for a couple of years, do you look at your plan again?
What type of projections do you create...I think it is important to revisit your plan and constantly tweak it!

MATT A · 04-23-2005, 08:23 PM

Great post

DWhite6872 · 04-23-2005, 08:32 PM

Okay, I know you know this...give up some knowledge...

BigLeo · 04-24-2005, 12:25 AM

I strongly recommend a business plan prepared by someone who understands this business. Check out http://www.pointblankbusinesstechnology.com.

DWhite6872 · 04-24-2005, 12:43 AM

WOW....this is what I have been talking about...there is a difference between demographics and psychographics ..
The site you linked looks like a cool site...
It is so important to analyize more than just demographics..you can have a town with a large popultation and they have a lot of money on paper and they never tan!

We always look at all of our options and try to make each client feel like they are a new one!

Runnn · 04-24-2005, 02:14 PM

I used a Consultant to help me and he is worth his weight in Gold!! I am not sure why anyone would ever attempt to enter an industry they are new to or not experienced in without the assistance of someone who has seen it all over a long period of time... you can't eliminate all potential risks but you most certainly can enter the "door" with you eyes wide open.

_________________
[ This Message was edited by: Runnn on 2005-04-24 14:25 ]

pmcnamara · 04-25-2005, 06:56 AM

I see template business plans offered by bplans.com; tanningsalonbiz.com; and numerous ebay CD biz plan sellers ?

Are these things worth the paper they are printed on ?

Has anyone ever purchased one ? What did you think about it ?

KnxTan · 04-25-2005, 11:29 AM

If you're not a business person to begin with, no software or consultant will make any difference. Don't give up your day job.

engfant · 04-25-2005, 12:12 PM

Quote:
On 2005-04-25 11:29:00, KnxTan wrote:
If you're not a business person to begin with, no software or consultant will make any difference. Don't give up your day job.

EXACTLY EXACTLY EXACTLY. Some of us are here to give orders and some are here to take them. Neither are in a better position, just do what you do best.

Neon Beach · 04-25-2005, 12:31 PM

Consultants like stupid people.

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04-23-2005, 08:13 PM	#1 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 5,189 Rep Power: 0	This is the most important step in your planning of your business. I see a lot of people that come on here and would like all of the answers...right now...but do not want to research and sit down and think about their salon, location, marketing plan,pricing, store layout, and actual constructions, advertising, and everything else that comes with owning your own business. How are you going to present your plan to a lender? For salon owners who have been in business for a couple of years, do you look at your plan again? What type of projections do you create...I think it is important to revisit your plan and constantly tweak it!

04-23-2005, 08:23 PM	#2 (permalink)
MATT A Police Department Join Date: Sep 6 2004 Location: Awaiting Posts: 15,539 Rep Power: 31	Great post

04-23-2005, 08:32 PM	#3 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 5,189 Rep Power: 0	Okay, I know you know this...give up some knowledge...

04-24-2005, 12:25 AM	#4 (permalink)
BigLeo Join Date: Jan 27 2005 Posts: 243 Rep Power: 4	I strongly recommend a business plan prepared by someone who understands this business. Check out http://www.pointblankbusinesstechnology.com.

04-24-2005, 12:43 AM	#5 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 5,189 Rep Power: 0	WOW....this is what I have been talking about...there is a difference between demographics and psychographics .. The site you linked looks like a cool site... It is so important to analyize more than just demographics..you can have a town with a large popultation and they have a lot of money on paper and they never tan! We always look at all of our options and try to make each client feel like they are a new one!

04-24-2005, 02:14 PM	#6 (permalink)
Runnn Join Date: May 31 2004 Posts: 13 Rep Power: 0	I used a Consultant to help me and he is worth his weight in Gold!! I am not sure why anyone would ever attempt to enter an industry they are new to or not experienced in without the assistance of someone who has seen it all over a long period of time... you can't eliminate all potential risks but you most certainly can enter the "door" with you eyes wide open. _________________ [ This Message was edited by: Runnn on 2005-04-24 14:25 ]

04-25-2005, 06:56 AM	#7 (permalink)
pmcnamara Join Date: Apr 22 2005 Posts: 12 Rep Power: 0	I see template business plans offered by bplans.com; tanningsalonbiz.com; and numerous ebay CD biz plan sellers ? Are these things worth the paper they are printed on ? Has anyone ever purchased one ? What did you think about it ?

04-25-2005, 11:29 AM	#8 (permalink)
KnxTan I love Derf!! Join Date: Oct 8 2004 Posts: 1,034 Rep Power: 9	If you're not a business person to begin with, no software or consultant will make any difference. Don't give up your day job.

04-25-2005, 12:12 PM	#9 (permalink)
engfant FREE ENGFANTUCATION Join Date: May 20 2003 Posts: 8,956 Rep Power: 12	Quote: On 2005-04-25 11:29:00, KnxTan wrote: If you're not a business person to begin with, no software or consultant will make any difference. Don't give up your day job. EXACTLY EXACTLY EXACTLY. Some of us are here to give orders and some are here to take them. Neither are in a better position, just do what you do best.

04-25-2005, 12:31 PM	#10 (permalink)
Neon Beach I'm Banned Join Date: Nov 30 2000 Location: Ontario Age: 45 Posts: 52,065 Rep Power: 0	Consultants like stupid people.

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