business plan presentation- " beauty salon parlor "

“Beauty Salon”

Kazi Reaz Rahman – 0167 47 47 016 Musa Sarkar

Towhidul IslamShamima Akter

Toriqul Islam

Group Member

-A beauty parlor is an establishment dealing with cosmetic treatments for men and women. Other

variations of this type of business include hair salons and spas.

- Beauty Parlor provide services related to skin health, facial aesthetic, foot care, aromatherapy, even

meditation, oxygen therapy, mud baths, massage, facials, manicure, pedicure and innumerable other

services.

Our Mission:

To supply services and products that enhances our client’s physical appearance and mental relaxation.

“Beauty Salon” Parlor

“Beauty Salon” ParlorOur Motto:

Customer Satisfaction Guaranteed

“Beauty Salon” ParlorThe keys to success in our business are:

Location: Providing an easily accessible location for

customers.


The keys to success in our business are: Location: Providing an easily accessible location for customers. Environment: Providing an environment conducive to giving a relaxing and professional service.

Convenience: Offering clients a wide range of services in one setting, and extended business hours.

Reputation: The owner and other beauticians have a reputation for providing superior personal service.

“Beauty Salon” ParlorProducts and Services “Beauty Salon” will be providing both services and products to better meet our customers’ needs.

Services

“Beauty Salon” is considered an upscale, full-service beauty salon. We offer a wide range of services that include:

Hair: cuts; relaxers; perms; color’s; shampoo; conditioning; curling; reconstructing; weaving; and waving.

Nails: manicures; pedicures; polish; sculptured nails.Skin Care: European facials; body waxing; massages.Facial & Massage

“Beauty Salon” ParlorHair Design:


BEAUTY PARLOUR

Summers & Winter’s harsh climate makes your skin dry

and looks flaky. Bring the best out of your skin by scrubbing

them on a regular basis. Though we never forget

http://www.bharathfamilysaloon.com/


FACIAL

Your hands are one of the first areas that people will look at when they meet you. Keep your nails clean and tidy and help your nails to stay strong and

healthy by having a regular

http://www.bharathfamilysaloon.com/


Products We will be providing quality hair, nail, and skin care products. In addition we will have other name- brand products for sale to meet customer needs, such as: Matrix, Paul Mitchell, Rusk, and Biology. The products will include shampoos, conditioners, mousse, hair spray, nail polish, nail files, skin conditioners, and cleansers, facial masks, and other such beauty products. What will set “Beauty Salon” apart from the competition is our commitment to providing all of these products and services in one convenient location.

“Beauty Salon” ParlorProducts


Pricing Our services will average 300tk, with a range of 50tk for a hair trim to 1000tk for a complete beauty package (hair, massage, facial, manicure, and pedicure). These prices are lower than our competitors’ pricing.


Pricing

250 TO 500Herbal clean up , fruit clean up , Pearl clean up , clean up , Skin miracles clean up , White scream clean up , Bio clean-up , Papaya clean-up , Lotus cleanup Diamond

50- 600Boby cut, straight cut, U/cut, v/cut, step cut with wash, only step cut, Layer cut, Front layer, Feather cut, 150-300

Normal manicure , Aroma manicure , French manicure , Deluxe ,

http://www.bharathfamilysaloon.com/best_couples_massage_and_unisex_massage_in_ramamurthy_nagar_bangalore.php


Pricing1000Normal massage , Stone massage , Gel cream massage , Aroma oil massage , Powder therapy , Cream therapy , Thai massage , Deep tissue therapy , Relaxing Body therapy , Swedish Massage , Honey spa Therapy , Body spa & complete relaxation.

100 TO 800loreal-Roots touch up, Full hair , Garnier-roots touch up , Mehandhi ,

400-500Normal pedicure , Aroma pedicure , Deluxe pedicure Chocolate ,

Competitive SummaryCompetitor name Market

ShareGoodwill Growth rate

Persona 19% Very Strong Increase

Aapon Ghar Beauty Parlour 9% Very Strong Increase

Ador Beauty Parlour 8% Strong Increase

Aparupa Beauty Parlour 7% Strong Increase

Beau Monde 6% Strong Increase

Beauty Secrets 5% General Increase

Bindia Hair, Skin & Beauty Care

5% General Increase

Bithis Herbal 5% General Increase

Canvas Care 4% General Level

Dazzle Beauty Salon 4% General Level

Elegance 3% Normal Level

Evanas Beauty Care 3% Normal Level

Face & Figure 2% Normal Level

Fairy Queen 2% Normal Decrease

Femina Beauty Parlour 1% Unknown Decrease

Hong Kong Beauty Parlour 1% Unknown Decrease

Others 16% General Level

Advertising

Customer Profile “Beauty Salon” typical client will be: *Between the ages of 20 to 55 *Income levels of 25,000tk to 70,000tk *Female *Typically employed part or full-time or student *Looking for a Parlor close to the work place, for lunch hour services or immediately after work Looking for reasonably priced services with a high level of luxuryThey like to be able to have all beauty care services and products in one location due to a busy lifestyle.

Location The Parlor will be located in a retail Mina Bazar Shopping mall at12/A Dhanmondi 27, Dhaka- 1209. The Parlor will utilize 1,540 square feet. The space will be rented from Mainur Rahman, the owner of the Mina Bazar shopping mall. The location is strategically situated on one of the busiest streets in Dhanmondi 27. It is a high profile area, with easy access from all parts of the Dhaka city.

Insurance Coverage The insurance that will be needed for “Beauty Salon” parlor and the agency that it will purchase through is as follows: Fire Insurance – MetLife AlicoTheft Insurance – MetLife AlicoLiability Insurance – National Life Insurance Benefit Packages – MetLife Alico

Shareholder Organogram:

Management Summary

Kazi Reaz Rahman: Chairman. Kazi Reaz Graduate complete of University of Asia Pacific. He has quickly developed the trade skills that have led to her success.

Md. Musa Sarkar: Vice- Chairman. Md. Musa Sarkar Bachelor’s degree in Finance from the University of Asia Pacific. He has extensive experience managing people and businesses.

Towhidul Islam: Managing Director. Graduate complete of University of Asia Pacific. He is a good manager also. He Control and manage everything. That’s why, He is the managing director of this company.

Shamima Akter: Director. Shamima has been a beautician for two years. As a graduate of University of Asia Pacific, she has quickly developed the trade skills that have led to her success. Since graduation, she has worked at Hair Masters in Brandon as a beautician and has established a variety of clientele. She loves dealing with people, and has the drive, ambition and discipline to manage the business and its employees.

Management Organogram:

Manager - 1X

Deputy Manager- 1X

Beauty Expert- 1X

Beautician- 8X

Receptionist- 1X

Maid- 1X

Pion- 1X

Ownership-

Name on the firm: “MY PORLOR“Address on the firm: 12/A Dhanmondi 27, Dhaka- 1209

Mobile: +880715 09 77 62

Name and address on the partners:Name and designation of partners Address

Kazi Reaz Rahman, Chairman

246, Halimabad House, Dhanondi 10/a, Dhaka- 1209Mobile: +880167 47 47 016

Musa Sarkar, Vice- Chairman

3/F 4th floor E1, Kalabagan, Bashiruddin road, Kalabagan, DhakaMobile: 01761 860963

Touhidul Islam, Managing Director

44/24 5th floor, kalabagan Dhanmondi Dhaka.Mobile: 01710529119

Shamima Akter, Director

34/3 1st floor, faramgate, Dhaka.Mobile: 01670625343

Type of BusinessType: Partnership

Ownership-

Agreement Investment by partner individual Kazi Reaz Rahman, Chairman 10 LacMusa Sarkar, Vice- Chairman 10 LacTouhidul Islam, Managing Director 10 LacShamima Akter, Director 10 Lac

Profit and loss sharingKazi Reaz Rahman, Chairman 25% Musa Sarkar, Vice- Chairman 25%Touhidul Islam, Managing Director 25%Shamima Akter, Director 25%

Job Description of Partnership Individual Kazi Reaz Rahman, Chairman

Major Role: Monitoring, planning and development how to increase company profit and Branding.

Musa Sarkar, Vice- Chairman

Major Role: Total marketing planning and implementation and Assist Chairman.

Touhidul Islam, Managing Director

Major Role: Managing and operation to run the Parlor and Enforce Organization’s Staff

Shamima Akter, Director Major Role: Satisfaction Organization stuff and communication with Customer. And assist Managing Director.

Government Rules and Regulation-

Registration The organization must be registered by the government of Bangladesh. It should be from registered of join stock. All information of the organization has to provide there.

License In which subject the organization is working; have to take license from the government authorities on this specific subject. Parlor is a health related service. It will have to take license from the Ministry of Health of the Government of Bangladesh

Sales Tax The organization will have to pay sales tax to the government on each service. Sales tax will have to cut from each service.

Income Tax An income tax need to provide to the government on company’s officers and employees. This is compulsory. This is revenue of the government.

Labor Legislation The organization should certify from “Labor Law” of Bangladesh Labor Welfare Association for the rights of officers and employees.

Money Needed Source

Money Amount Where the Amount

Needed for 1st year

money willcome from

Fixed Cost 3910000tk Personal Cash 40,00,000

Variable Cost 1st year 11,54,300tk Line of Credit

10,64,300tk

Total 50,64,300 tk Total 50,64,300tk

Financing Summary

Sales Forecasting 1st Year:

Sales Forecasting

Avg Per unite price

300 Tk

Subject Yearly sales Per Unite (1st year) TOTAL Unite Spring Summer Rainy Season Autumn Winter

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Makeup 20 40 30 40 40 50 60 60 90 95 100 105 730Hair Cut 50 40 30 30 50 55 40 40 65 80 130 120 730

Hair Color 20 30 40 40 30 45 40 55 30 70 130 150 680Highlighting 30 40 40 40 30 50 40 55 40 80 90 110 645

Straightening 50 30 50 50 50 30 70 50 90 90 120 90 770Hair Waxing 20 30 30 30 50 30 30 50 65 80 90 120 625

Barber Service 20 25 30 40 30 30 40 50 60 80 150 200 755

Total Unite Sales 210 235 250 270 280 290 320 360 440 575 810 895 4935

Cost Per Month 63000 70500 75000 81000

84000

87000

96000 108000

132000

172500

243000

268500

1480500

Sales Forecasting 5 Year:

Sales Forecast

Unite sales Average Unite Selling price in Tk.

Total Sales in Tk.(forecasting)

Actual

Year 1 4935 300 1480500 1332450

Year 2 5181.75 300 1554525 1476798.75

Year 3 5699.925 300 1709977.5 1675777.95

Year 4 6554.91375 300 1966474.125 1966474.125

Year 5 7865.8965 300 2359768.95 2477757.398

Sales Forecasting 5 Year:

Cash Flow Statement 1st Year:

Cash Flow StatementSubject Details Yearly Cost (1st Year) 1st year

TOTALJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecCash In

Service Sales 56700 63450 67500 72900 75600 78300 86400 97200 118800 155250 218700 241650 1332450

Cash Out Cost Of sales Salary 59000 59000 59000 59000 59000 59000 59000 59000 59000 59000 59000 59000 708000

Cost Of sales Matarial 12000 13000 14000 15000 16000 17000 18000 19000 20000 21000 22000 23000 210000

Administrative Utilities 5250 4250 6250 5750 4750 3750 4050 4750 4250 6250 5750 6750 61800Administrative Repair,Maintananc

e 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 11000 12000 78000

Administrative Marketing Cost 10000 - - 10000 - - 10000 - - 10000 - - 40000

Administrative Telephone 700 800 700 700 700 700 700 700 700 700 700 700 8500Administrative Purchase of Assets 3000 - 5000 - 2000 - 3000 - 2000 - 3000 - 18000

Administrative Decoration - 5000 - 5000 - 5000 - 5000 - 5000 - 5000 30000

Total Expenses

90950 84050 87950 99450 87450 91450 101750 96450 94950 111950 101450 106450 1154300

Earning Before Income Tax -34250 -20600

-20450

-26550

-11850

-13150 -15350 750 23850 43300 117250 135200 178150

(-) Interest 5344.5

EBT (EBIT-Interest) 172805.5

Tax (EBT*0.30) 51841.65

Net Profit (EBT-Income Tax) -34250 -20600

-20450

-26550

-11850

-13150 -15350 750 23850 43300 117250 135200 120963.85

Cash Flow Statement(5 Year)Subject Details 1st year

TOTAL2nd Year 3rd Year 4th Year 5th Year

Cash InService Sales 1332450 1476798.7

51675777.95 1966474.12

52477757.39

8

Cash Out Cost Of sales Salary 708000 856680 942348 1036582.8 1140241.08

Cost Of sales Matarial 210000 231000 254100 279510 307461Administrativ

eUtilities 61800 74778 82255.8 90481.38 99529.518

Administrative

Repair,Maintanance 78000 85800 94380 103818 114199.8

Administrative

Marketing Cost 40000 44000 48400 53240 58564

Administrative

Telephone 8500 9350 10285 11313.5 12444.85

Administrative

Purchase of Assets 18000 19800 21780 23958 26353.8

Administrative

Decoration 30000 33000 36300 39930 43923

Total

Expenses1154300 1269730 1396703 1536373.3 1690010.63

Earning Before Income Tax 178150 207068.75 279074.95 430100.825 787746.7675

(-) Interest 5344.5 6212.0625 8372.2485 12903.02475

23632.40303

EBT (EBIT-Interest) 172805.5 200856.68

8270702.702 417197.800

3764114.364

5

Tax (EBT*0.30) 51841.65 60257.0063

81210.8105 125159.3401

229234.3093

Net Profit (EBT-Income Tax) 120963.85 140599.681

189491.891 292038.4602

534880.0551

Cash Flow Statement(5 Year)

Cash Flow Statement(5 Year)

Break Even Point

FC VC = TC3910000 1154300 = 5064300

VC 1154300V.C.P.U = TC 5064300

= 0.227928835

FC 3910000Break.E.S = 1-

VCPU0.772071165

= 5064300

Different = TC- Break.E.S0

Break Even Point

"Beauty Salon" ParlorCash Flow Projections - Balance Sheet

Year-2016

Year-2017

Year-2018

Year-2019

Year-2020

Assets Property, Plant & Equipment

747,917 677,917

687,917

637,917

572,917

Current Assets Inventory

168,362 169,840

178,332

189,837

208,821

Receivables 320,690

328,722

345,158

379,674

417,641

Cash 116,229

309,049

391,295

525,892

777,810

1,353,197

1,485,527

1,602,701

1,733,319

1,977,188

Equity & Liabilities Shareholders' Contributions

1,500 1,500

1,500

1,500

1,500

Retained Earnings 217,140

486,918

752,521

1,167,529

1,718,703

Long Term Loans 1,006,698

859,731

704,079

410,529

89,443

Current Liabilities Payables

127,859 137,378

144,601

153,761

167,542

Provision for Taxation - - - - - 1,353,197

1,485,527

1,602,701

1,733,319

1,977,188

Days in period 366

365

365

365

365

Current Ratio 4.7 5.9 6.3 7.1 8.4 Quick Ratio 3.4 4.6 5.1 5.9 7.1 Inventory Days

25.0 25.0

25.0

25.0

25.0

Debtors Days 30.0

30.0

30.0

30.0

30.0

Creditors Days 15.0

15.0

15.0

15.0

15.0

Debt / Equity 4.6 1.8 0.9 0.4 0.1

Balance Sheet: