Business Plan: Smart Style Unisex Salon
Business Plan: Smart Style Unisex Salon
Abstract
The paper is a business plan for Smart Style Unisex Salon. It explains the type of business established and describes the products and services that the company offers, providing charts of projected accounts specific to the business, a chart of assets and liabilities, a pro-forma income statement. The paper describes the impact of the use of IFRS and the GAAP accounting standards.
Description of the Business
Smart Style Unisex Salon is a full-service salon that offers services and products to both men and women. Smart Style Unisex Salon is committed to constantly offer quality services and products as well as high customer satisfaction by offering superior products and exceptional services, and providing a pleasing atmosphere. The salon will provide these at competitive prices. The salon also maintains artistic décor within its premises and a welcoming work environment that respects ideas, opinions, diversity, and hard work. Smart Style Unisex Salon will provide hair care products and services modeled to provide healthy hair care to its clients. The products will help the customers to keep and maintain healthy hair between appointments with Smart Style Unisex Salon. The general staffing plan of Smart Style Unisex Salon consists of 15 employees, and the Founders and Owners of Smart Style Unisex Salon. The employees include Kenneth Maxwell (Head Barber), Reese Joseph (Head Stylist), Esther Peter (Book Keeper, Accountant), Peter Williams (Maintenance, Inventory Manager). The remaining 11 employees will consist of a receptionist and the rest will be involved in other services provided by the salon.
Type of Business and Ownership
The business will be formed as a Texas corporation with four stockholders: John Martins, Joel Smith, Valerie Kim, and Juliet Wood. Each stockholder will own 25% of the issued stocks. The agreement and charter will be in accordance with the laws of Texas State and will be
Abstract
The paper is a business plan for Smart Style Unisex Salon. It explains the type of business established and describes the products and services that the company offers, providing charts of projected accounts specific to the business, a chart of assets and liabilities, a pro-forma income statement. The paper describes the impact of the use of IFRS and the GAAP accounting standards.
Description of the Business
Smart Style Unisex Salon is a full-service salon that offers services and products to both men and women. Smart Style Unisex Salon is committed to constantly offer quality services and products as well as high customer satisfaction by offering superior products and exceptional services, and providing a pleasing atmosphere. The salon will provide these at competitive prices. The salon also maintains artistic décor within its premises and a welcoming work environment that respects ideas, opinions, diversity, and hard work. Smart Style Unisex Salon will provide hair care products and services modeled to provide healthy hair care to its clients. The products will help the customers to keep and maintain healthy hair between appointments with Smart Style Unisex Salon. The general staffing plan of Smart Style Unisex Salon consists of 15 employees, and the Founders and Owners of Smart Style Unisex Salon. The employees include Kenneth Maxwell (Head Barber), Reese Joseph (Head Stylist), Esther Peter (Book Keeper, Accountant), Peter Williams (Maintenance, Inventory Manager). The remaining 11 employees will consist of a receptionist and the rest will be involved in other services provided by the salon.
Type of Business and Ownership
The business will be formed as a Texas corporation with four stockholders: John Martins, Joel Smith, Valerie Kim, and Juliet Wood. Each stockholder will own 25% of the issued stocks. The agreement and charter will be in accordance with the laws of Texas State and will be
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