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(Includes Hard Copy, CD-ROM and Immediate Download)
Based
upon a Full Service Nail Salon, featuring manicure
and pedicure stations, packages and waxing will edit
to cover any scenario.
The Industry
Until recently it used to be that the very wealthy
got their nails done and the rest of us did not.
Today, free-standing Nail Salons dot the commercial
blocks and strip malls of cities throughout the USA.
Needless to say this is a very competitive and
mature Industry with more than 59,000 Nail Salons
listed throughout the U.S. as of December 2009. After two
years of less than 2% growth following 911 and the
recession that followed, the Industry showed solid
signs of recovery posting a gain of 4.7% in 2004 as
real disposable income peaked and the Economic
recovery orchestrated by the Federal Reserve kicked
in. In 2005 however higher energy prices, interest
rates and natural disasters including hurricane
Katrina dug into real disposable income.
Higher interest rates
reduce borrowing by consumers; higher energy prices
reduce the real (inflation adjusted) income of
households; and the decline in the growth of housing
prices slows the rise in household wealth and with
the Credit crises and the current recession the
Industry has been weathering the storm. Contractions within any
Industry are not all bad in fact they can be very
profitable for operators with an established
clientele or new operators who have the
understanding and the cash available to weather the
storm. Already lower numbers of new nail salons are
coming into the market and the Economy will shake
the weakest operators out as leaving a much more profitable environment
for operators who have survived.
The Industry is tied directly to the health of the U.S. Economy and
consumer disposable income. The CBO
anticipates that the current recession, which started in December
2007, ended in the second quarter of 2009, making it the longest
recession since World War II.
. U.S. economic growth during 2010 came in
at a 2.9% rate after inflation, the strongest performance of the
past five years. Such growth compares to a 2.6% real rate of
decline during 2009, the depths of the recession. The swing in
performance from 2009 to 2010 was the widest since 1983, a period of
27 years. The increase in real GDP in 2010 primarily
reflected positive contributions from private inventory investment,
exports, personal consumption expenditures (PCE), nonresidential
fixed investment, and federal government spending.
Severe economic downturns often sow the seeds of robust recoveries.
During a slump in economic activity, consumers defer purchases,
especially for housing and durable goods, and businesses postpone
capital spending and try to cut inventories. Once demand in the
economy picks up, the disparity between the desired and actual
stocks of capital assets and consumer durable goods widens quickly,
and spending by consumers and businesses can accelerate rapidly.
Although the CBO expects that the current recovery will be spurred
by that dynamic, in all likelihood, the recovery will also be
dampened by a number of factors. Those factors include slow wage and
employment growth, high unemployment as well as a continued sluggish
housing market.Current
expectations by the CBO are for GDP growth of 3.1% in 2011 falling
off to
2.8 percent in 2012. This current forecast reflects the CBO’s
expectation of continued strong growth in business investment,
improvements in residential investment, net exports, and modest
increases in consumer spending
Source: Congressional Budget Office Economic Projections and
revisions.
Source: Congressional Budget Office Economic Projections and
revisions.
The continued rebound in GDP will also affect real disposable income
growth. Real DPI increased 1.4 percent in 2010, compared with an
increase of 0.6 percent in 2009. Even though economic activity began
to increase again during the second half of 2009, the unemployment
rate continued to rise, finishing the year at 10.0 percent. Hiring
usually lags behind output during the initial stages of a recovery
because firms tend to increase output first by boosting productivity
and by raising the number of hours that existing employees work;
adding employees tends to occur later. As the recovery continues,
the economy will add roughly 2.5 million jobs per year over the
2011–2016 period, CBO estimates. However, even with significant
increases in the number of jobs, a substantial reduction in the
unemployment rate will take some time. CBO projects that the
unemployment rate will gradually fall in the near term, to 9.2
percent in the fourth quarter of 2011, 8.2 percent in the fourth
quarter of 2012, and 7.4 percent at the end of 2013. Only by 2016,
in CBO’s forecast, does it reach 5.3 percent, close to the agency’s
estimate of the natural rate of unemployment. Current inflation
expectations barring any major Geo Political factors are for
inflation to remain low throughout 2011.
One primary measure of inflation, and a favorite of the Federal
Reserve, is the personal consumption expenditures (PCE) index. This
measure of consumer inflation rose at a 1.8% annual rate during the
fourth quarter of 2010, reflecting the recent rise in food and
gasoline prices. The core PCE, which excludes food and energy
costs, rose at only a 0.4% annual rate, the smallest rise on
record. Such a modest increase gives the Federal Reserve more
“cover” to maintain its key interest rate at essentially zero for
most, if not all, of 2011. With less uncertainty by businesses and
investors as to tax policy this year and next and with rising
expectations that split government in Washington will slow the
explosion in government spending the economy looks poised for
sustained growth as businesses and investors get back to the
business of growing and expanding the bottom line.
For operators just getting started
this may be the best time within the business cycle to plan and open
your new facility understanding that with interest rates still at
all time low levels and marginal operators going out of business you
will have accounted for the marginal efficiencies necessary to not
only survive against the competition but to thrive as we cycle once
again into economic expansion.
Growth in
2011
According to Nails Magazine more than 87% of Salons
purchase their supplies from professional Beauty
stores and there is none bigger than Sally Beauty
Company, the world's #1 professional beauty supply
distributor, owned by Alberto-Culver but spun off to
become it’s own publicly traded Company in 2009.
Sally Beauty Holdings, Inc., together with its
subsidiaries, engages in the distribution and retail
of professional beauty supplies. As of December 30,
2009, it operated 2,898 company-operated retail
stores and supplied 25 franchised stores. The Beauty
Systems Group segment distributes beauty supplies
directly to salons and salon professionals through
its sales force and professional-only stores. If
the Company is any indication of a better 2010 then
the Industry is off to a very good start. The
Company said its sales in the first quarter
surpassed $700 million for the first time in the
company’s history posting a profit of $26.1 million,
or 14 cents per share, on revenue of $704.8 million.
That is up from a profit of $16 million, or 9 cents
per share, on revenue of $645.5 million. Sally
Beauty credits its surge in profit on a positive
impact from the foreign currency exchange rate and
higher same-store sales—which includes all stores
open for 12 months or more. The company said going
into 2010, it plans to continue growing the business
through acquisitions and organic store openings.
Current corporate Analyst
expectations are for solid growth of over 8% in
2010.
For
operators just getting started this may be the best
time within the business cycle to plan and open your
new facility understanding that with interest rates
still at all time low levels and marginal operators
going out of business you will have accounted for
the marginal efficiencies necessary to not only
survive against the competition but to thrive as we
cycle once again into economic expansion.
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Starting a
small business is always risky, and the
chance of success is slim. According to the
U.S. Small Business Administration, over 50%
of small businesses fail in the first year
and 95% fail within the first five years.
Whether you are starting a
new Nail Salon,
are looking to raise additional capital to
expand your currently profitable Salon, or
looking to evaluate and value your Salon to
sell, current statistics prove that you will
do much better with a business plan than
without.
According to Dunn and Bradstreet the primary
reasons for failure vary, but all of the
reasons come under the category of poor
planning. You
are a part of the one of the most
competitive Industries in the world. Your
management decisions will decide whether
your Salon survives or thrives in the face
of increased competition. The most important
benefit of a business plan is that it sets
the stage for the future of your Salon as
you want it to be positioned in the
marketplace. A business plan will make it
easy for your banker/investor to take action
as he/she gains insight into the details of
your Salon and the goals that you have
outlined. Potential investors can review
your plan and decide whether or not to make
an investment based upon the risk. You will
benefit most as you study and gain detailed
insight into your own operations. Updating
and constantly reviewing your plan will give
you more insight as both a manager and
decision maker.
What
are the benefits of purchasing this
QuickPlan® sample "Nail Salon, Inc."
comprehensive business plan package?
TIME IS MONEY....We have estimated that it
takes an average of 100 hours to research,
and write a comprehensive business plan
within any Industry. Creating and compiling
the five year financial plan and forecasts
including 5 years of Month to Month Break
Even Analysis, Operating Budgets, Income
Statements, Balance Sheets, Cash Flow
Analysis, and Key Financial Ratio Analysis
can take more than 20 hours of work by you
or your accountant. Now consider sitting
down in front of your computer to edit and
fill in the details of an already written,
researched and organized comprehensive Nail
Salon business plan . Whether you are
starting a Nail Salon are looking for
expansion capital to open your second Nail
Salon, or want to sell your multi-Salon
chain, you will be able to edit this plan
into your own.
ALREADY RESEARCHED......ALREADY WRITTEN
The Industry Analysis, Trends and Outlook
included, was written based upon current
Industry sources. Now use your computer's
word processor to turn QuickPlan® into your
own. Enter your revenue assumptions, your
operating expense assumptions, and your cash
flow assumptions into the QuickPlan® five
year forecasting template using your
computer's spreadsheet program. You will
immediately have five years projected month
to month Break Even Analysis Operating
Budgets, Income Statements, Balance Sheets,
Cash Flow Analysis and Key Financial Ratio
Analysis. Once you have finished editing,
print your plan and simply insert it into
the three ring binder included, indexing it
according to the pre-labeled inserts.
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The Complete plan consists of
hard copy and software files of the following :
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Before You
Begin Checklist |
2 pages |
(Text file) |
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Confidentiality Agreement |
1 page |
(Text file) |
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Table of
Contents |
6 pages |
(Text file) |
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Executive
Summary |
10 pages |
(Text file) |
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Business
Description |
5 pages |
(Text file) |
 2012
Industry Analysis, including Regional and
State Nail Salon growth rates 1997-2011,
Trends and Outlook for 2013. Just
updated in January of 2012. |
31 pages |
(Text file) |
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Marketing
Strategy |
6 pages |
(Text file) |
|
Location/Operations |
9 pages |
(Text file) |
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Management |
3 pages |
(Text file) |
|
Financial
Plan |
5 pages |
(Text file) |
|
Employee
Manual |
12 pages |
(Text file) |
|
Operations
Manual |
17 pages |
(Text file) |
|
Media
Plan Sample |
2 pages
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(Excel file) |
|
Industry
Dictionary |
7 pages
|
(Text
file) |
|
Letter of
Intent to lease |
2 pages |
(Text file) |
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Price
List / Menu of Services |
1 pages |
(Text file) |
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HOW TO
RAISE MONEY/SBA CHAPTER |
23 pages |
Hard
copy |
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The Small
Business Administration’s 31 most asked
questions |
9 pages. |
Hard
Copy |
SBA Auto Forms, fill them in on your
computer:
requires
Its FREE! |
|
(Text File) |
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Loan Application Standard |
6 pages |
Acrobat
File/Text |
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Low
Doc App. for up to $150,000 |
8 pages |
Acrobat
File/Text |
|
Short
Form Express up to $50,000 |
4 pages |
Acrobat
File/Text |
|
Statement
of Personal History |
2 pages |
Acrobat
File/Text |
|
Personal
Financial Statement |
2 pages |
Acrobat
File/Text |
ADA Guide for Small Business |
15 pages |
Acrobat
File/Text |
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Five year
Forecasting Matrix Workbook |
42 pages |
(Excel File) |
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Office/Front Desk Equipment |
1 page |
Part of
Excel Work Book |
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Complete
Starting Nail Salon Inventory |
1 page |
Part of
Excel Work Book |
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Nail Care
Equipment |
1 page |
Part of
Excel Work Book |
Five Year Forecast Matrix (Spreadsheet File); type
in your assumptions and all of the following
statements are immediately calculated....42 pages;
Years 1-5 Month to Month Operating Budgets
Years 1-5 Month to Month Income Statements
Years 1-5 Month to Month Balance Sheets
Years 1-5 Month to Month Cash Flow Analysis
Years 1-5 Financial Ratio Analysis
Years 1-5 Summary Statements
Years 1-5 Month to Month Break Even Analysis
Auto Generated Use of Proceeds Statement
Email me a
Demo
Starting with the, "before you sit
down checklist , you will gather your information
together to edit on your word processor. Pull up the
Five Year "Big Picture" Nail Salon Financials Excel
Work Book and insert the prices for your Nail
services, operating expenses and fixed asset
purchases that you need to open your doors. Now
study your first year Cash Flow Analysis and your
year one by month Break Even Analysis to answer the
question of how much money you are going to need to
get started and stay operational. All five years of
financial statements are calculated and ready for
printing and insertion into your plan. Once finished
, print up your plan and simply place it into the
three ring binder indexing it according to the
pre-labeled index, included.
The cost of the above information
would most likely run between $3,000.00 $5,000.00 if
you were to contract a CPA/Business Analyst to write
your plan and would probably not include all the
information that QuickPlan™ offers.
SYSTEM REQUIREMENTS;
MicroSoft™ Word™
and Excel™ or MicroSoft™ Office™ are required. The
cost of this QuickPlan® Package, hard copy , cd-rom
and immediate email download is
$195.00
USD plus shipping and
handling, also available in download only format
for $145 USD.
Not available in any store, to order call
1-800-417-7017..
Order Complete Package Online $ 195
Order
Download Only Online $ 145
Write My Nail Salon Business Plan
1-800-417-7017
More Detailed Outline;
The following is a complete detailed outline of QuickPlan ®NailSalon2010;
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Title Page.
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Confidentiality
Agreement.
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Table of Contents.
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Executive Summary
covering
Statement of Purpose, Business Description, Industry Analysis, Marketing Strategy, Location and Operations,
Management, and Financial Plan including Use of Proceeds, Exit/Collateral/Payback
Strategy, and Conclusion.
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Business Description
including History, Legal
Form of the Business, Current Situation and Future goals.
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Current Industry Analysis
including current 2012 Industry Forecast and
Outlook for 2013. current Nail Salon Regional and State growth rates
1997-2011. Overview and Operational
Trends, Local market Segment and customer profile
including
sample Claritas demographic report of location's address giving local market
demographics and customer profile for a 1, 3 and 5 mile radius. Targeted Customer profile, local competition, and business risks.
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Marketing Strategy
including
Building and Signage, Sales Strategy, Customer Service, Advertising and
Promotion, Media Plan,
Publicity Strategy, and Community Relations.
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Location and Operations
covering Property and
Facility, Licenses and Government Regulations, Utilities Requirements, Build-Out
Estimates, Permits, Build-out Equipment, Furniture, Equipment, Menu of Services,
Personnel/service, Procedures and Controls, Inventory, Ambiance and Entertainment.
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Management
covering
Key Principals, Managers
and Responsibilities.
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Financial Plan
summary of provided five year
pro forma statements and assumptions, Capital Requirements, Use of Proceeds, Exit/Payback
Strategy, and Conclusion.
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Projected five year
month-to-month financial statements matrix to generate the following:
-
Email me a
Demo
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Worst Case Scenario projected five year
month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break Even Analysis
Auto Generated Use of
Proceeds
Auto Generated
Summary Charts
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
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Realistic Case Scenario projected five year
month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break Even Analysis
Auto Generated Use of
Proceeds
Auto Generated
Summary Charts
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
-
Best Case Scenario projected five year
month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break Even Analysis
Auto Generated Use of
Proceeds
Auto Generated
Summary Charts
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
Employee Manual for you to edit into your own.
Operations Manual for you to edit into your own.
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Completely Detailed
Starting Inventory.
-
Equipment.
Small Business Administrations' 31 most asked questions and SBA/How
to raise money.
Auto Forms and Information, including Personal Financial Statement ,
Applications, and Statement of Qualifications.
ADA
Guidelines for Small Business
Salon/Spa Dictionary
Hard copy with professionally printed indexes covering supporting
documents for your plan:
Advertising Samples
Articles of Incorporation
Awards
Build-out Estimates
Collateral Statement
Competition
Company Financials
Demographics
Employee Manuals
Equipment Estimates
Floor Plan
Health Department
Industry Analysis
Insurance
Internet
Inventory
Licenses and Permits
Lease Agreement
Loan Application
Menu
Management Resumes
Operations Manual
Real-Estate
Staff Schedule
Trade References
Vendors
Personal Information
Make your first impression count and
concentrate on getting your Nail Salon open!
Order Now
Call 1-800-417-7017
Email me a
Demo
Order Complete Package Online $ 195
Order
Download Only Online $ 145
Write My Nail Salon Business Plan
Nail Salon Research Links
Looking to plan and secure funding to open more
than one unit (up to 5) over the next five years
please review;
QuickPlan®MultiUnitNailSalon2012
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With
Millions raised since 1997, we would like to thank the
