Franchise Set Up and Development
czealbusinessconsultingservices |
Start-up Summary
After spending times searching and studying the potential of putting up a salon business, the owner should decide to start a salon from the ground up. The start-up capital will be used for the design, leasehold improvements, and purchase of equipment. Leasehold improvements will amount to approximately P375,000 and salon equipment will cost about P450,000. Advance rental (3 months) P60,000. The owner will also invest on business and franchise set up and development amounting to P350,000, secure of permits and licenses P25,000, miscellaneous and for marketing materials (pre-opening, grand opening and post opening) amounting to P50,000. A stand by fund equivalent to up to 3 months operating expense after the grand opening is also required. | Start Up Requirements
Advance Rental P 60, 000 Leasehold Improvements 375, 000 Equipments 450, 000 Business and Franchise Set Up and Dev' t 350, 000 Permits and Licenses 25, 000 Miscellaneous / Marketing 50, 000 TOTAL Initial Investment P1, 310, 000 Products and Services
A beauty salon will be considering an upscale full-service beauty salon. It will offer a wide range of services that include:
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Competitive Edge
You should set yourself apart from other beauty salons that may offer only one or two types of services. As customers desire all of the services you are supposed to offer, this should be placed only in one salon. They want their hair and nails done in one salon. Your future store should also accommodate body massages and facials, this can be of greater edge compare to others in the proposed site. However, this would take bigger size area and a bigger start up capital which is too risky on the part of the owner. Thus, CZEAL Business Consulting Services would want to start at hair and nail salon as a start up and will recommend additional services and bigger store in the future. There are a number of salons you can see in commercial business districts in manila, but they are mainly in the very high income parts of the city and surrounding areas. We do not intend to compete with these so called "Day Spas." We wish to offer a middle ground for those clients who can't quite afford those high-end luxury salons. Sales Forecast
| Several companies worked with, handled and developed by your business developers and consultants:
Typical hair and nail salon |