Barber Shop Business Plan
OWNERS
Israel Sam H. Buat
Michael Sam H. Buat
Mark Anthony M. Catulong
Charmaine Rose D. Merka
High-Cut Barbershop
Corner Sacred Heart Avenue – Cabrillos Street
Digos City, 8002
I. Table of Contents
I. Table of Contents ………………………………………………………………….2
II. Executive Summary ……………………………………………………………….4
III. General Company Description ……………………………………………………5
Mission Statement
Goal
Objectives
Business Philosophy
IV. Products and Services …………………………………………………………….8
Services
Service Description
Competitive Comparison
Sales Literature
Fulfillment
V. Marketing Plan …………………………………………………………………..10
Market Research
Economics
Services: Features and Benefits
Customers
Competition
Competitive Analysis
Niche
Strategy
Pricing
Proposed Location
Sales Forecast
VI. Operational Plan ……………………………………………………………….26
Location
Legal Environment
Personnel
Inventory
Suppliers
VII. Management and Organization ………………………………………….……28
Organizational Chart
VIII. Personal Financial Statement …………………………………………………29
IX. Startup Expense and Capitalization …………………………………………..33.
X. Financial Plan …………………………………………………………………34
5-Year Profit and Loss Projection
5-Year Cash flow Projection
5-Year Projected Balance Sheet
5-Year Changes in Partner's Equity
Notes to Financial Statements
Break-even Analysis
Financial Statement Analysis
XI. Appendices …………………………………………………………………46
XII. Refining Plan ………………………………………………………………62
II. Executive Summary
The High-Cut Barbershop is a trendy old-world men’s barber shop that offers today’s men a haven where he can sit back, relax and experience the up-to-date art of grooming and services in a gentlemen’s atmosphere, which is masculine and therapeutic.
The High-Cut Barbershop is aimed at a market that is accessible to all men that will add tremendous value to our community while offering a combination of an outstanding service not currently being offered by any competitor in the city. We intend to be profitable by increasing our client base through becoming a highly sought after
Israel Sam H. Buat
Michael Sam H. Buat
Mark Anthony M. Catulong
Charmaine Rose D. Merka
High-Cut Barbershop
Corner Sacred Heart Avenue – Cabrillos Street
Digos City, 8002
I. Table of Contents
I. Table of Contents ………………………………………………………………….2
II. Executive Summary ……………………………………………………………….4
III. General Company Description ……………………………………………………5
Mission Statement
Goal
Objectives
Business Philosophy
IV. Products and Services …………………………………………………………….8
Services
Service Description
Competitive Comparison
Sales Literature
Fulfillment
V. Marketing Plan …………………………………………………………………..10
Market Research
Economics
Services: Features and Benefits
Customers
Competition
Competitive Analysis
Niche
Strategy
Pricing
Proposed Location
Sales Forecast
VI. Operational Plan ……………………………………………………………….26
Location
Legal Environment
Personnel
Inventory
Suppliers
VII. Management and Organization ………………………………………….……28
Organizational Chart
VIII. Personal Financial Statement …………………………………………………29
IX. Startup Expense and Capitalization …………………………………………..33.
X. Financial Plan …………………………………………………………………34
5-Year Profit and Loss Projection
5-Year Cash flow Projection
5-Year Projected Balance Sheet
5-Year Changes in Partner's Equity
Notes to Financial Statements
Break-even Analysis
Financial Statement Analysis
XI. Appendices …………………………………………………………………46
XII. Refining Plan ………………………………………………………………62
II. Executive Summary
The High-Cut Barbershop is a trendy old-world men’s barber shop that offers today’s men a haven where he can sit back, relax and experience the up-to-date art of grooming and services in a gentlemen’s atmosphere, which is masculine and therapeutic.
The High-Cut Barbershop is aimed at a market that is accessible to all men that will add tremendous value to our community while offering a combination of an outstanding service not currently being offered by any competitor in the city. We intend to be profitable by increasing our client base through becoming a highly sought after