Beauty Salon Business Plan

How to open a beauty salon? This business plan Excel template is a useful tutorial for your starting a beauty business

Five-year business model template to develop a beauty salon business with help of monitoring profitability, planning yearly revenues, extra product revenue, forecasting multiple expenses, inventory, and investment. This model designed to be simple to forecast an up to the 60-month operating budget and cash flows with a simple set of assumptions around salon job sales and expenses. The simplicity of the beauty salon business plan is confirmed by the use of tables, charts, reports, and financial summaries. Provides informative dashboard sheet. Equipped with detailed video instruction and helpful How to sections. Used by managers, directors, owners, founders, and investors. Available for editing and use in Excel or Google Sheets. Compatible with Mac and Windows.

A beauty salon business plan sample helps to calculate beauty salon startup costs as well as yearly revenues and top expenses, development expenses. With the help of a beauty salon business plan sample you can evaluate needs for certain services, costs of salon jobs, salaries of employees, and so on.

  • Designed for flexibility in beauty salon planning.
  • Easy manage of business and calculating main indicators.
  • Revenues and variable expenses and all inputs, easily exposed to change.
  • Developed informative reports of the beauty salon business plan income statement, core financials, and cash flow statement.
  • Functional dashboard as well as built-in break-even, financial summary and beauty salon business plan valuation reports.
  • Switch output currency, margins and safety stock features with immediate operations results included.
  • You can forecast and calculate a sales volume, create a several business scenarios.
  • This beauty salon business plan allows you to demonstrate summaries, financial charts and key reports open for editing, saving in PDF, printing and use in presentations.

Made for investors, founders, managers — CEO, CFO, COO, VP of Finance — or financial consultants and advisors that want to calculate exact revenue and expenses forecasts for beauty salon budget, enhance beauty salon business plan.

Explicit and thorough tables and charts tested by experienced businessmen and designed for various periods and beauty salon sizes.

Unlocked for editing. Detailed formatting and color scheme instructions given. Used in Microsoft Excel or Google Sheets. Add and calculate your own figures.

All day available personal support: online and on the phone services along with an instruction video for comfortable use. Built by professional financial modelers and businessmen.

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Why do you need a financial model template for a beauty salon?

  1. A beauty salon business plan helps to create and realize an effective development strategy.
  2. A beauty salon business plan sample is a helpful tool to easy managing of the business.
  3. A beauty salon business plan allows forecasting margins, sales mix, revenues, expenses, salaries, and wages.

With the help of the beauty salon business plan sample, you’ll be ready to:

  1. You can create a business plan for your beauty salon on 5 years period.
  2. You will be ready to track how much money your beauty salon generates.
  3. You will be able clearly to demonstrate the main financial data on 5 years period for your investors.

In particular, it focuses on such critically important aspects as the following:

These tabs help to focus on the main financial & operational metrics both in the long-term and short-term perspective. You can make correct business decisions in time and impact on them to enhance the productivity of a beauty salon.

Beauty Salon business plan Financial Charts Revenue Breakdown and Salon Jobs revenue Breakdown
Beauty Salon business plan Financial Charts Salon Jobs revenue Breakdown and Operating Cash Flow
Beauty Salon business plan Financial Charts Cash Balance and EBITDA
Beauty Salon Business Plan Sample Productivity Per station and Worker Productivity
Beauty Salon Business Plan Sample Productivity Per station and Time Productivity

Reports are designed to present information in the form of tables and charts of the business. Thus, the beauty business plan shows more details about the financial state of your beauty salon

BEAUTY SALON BUSINESS PLAN DASHBOARD WITH CORE FINANCIAL METRICS

An interactive dashboard demonstrates your core financials — revenue breakdown, cash flow data, profitability forecasts, and cumulative cash flow. The options of beauty salon budget allow you to demonstrate data with flexible charts and to present the main information for investors, lenders, business partners.

How To Open A Beauty Salon? Premium Beauty Salon Business Plan Dashboard

BEAUTY SALON BUSINESS PLAN FINANCIAL AND OPERATIONAL METRICS

This metric demonstrates the overall beauty salon financial performance. So, you’ll be informed about metrics like EBITDA, CASH BALANCE, BEAUTY SERVICES, AND EXTRA PRODUCT REVENUE BREAKDOWN etc. for the first 24 months and the 5 years by month.

Beauty Salon business plan Financial Charts Revenue Breakdown and Salon Jobs revenue Breakdown
Beauty Salon business plan Financial Charts Salon Jobs revenue Breakdown and Operating Cash Flow
Beauty Salon business plan Financial Charts Cash Balance and EBITDA

This metric demonstrates overall a beauty salon employee productivity, time productivity and productivity per station. So, you’ll be informed about the dynamic of the main operational metrics for 12 months, 24 months or 5 years.

Beauty Salon Business Plan Sample Productivity Per station and Worker Productivity
Beauty Salon Business Plan Sample Productivity Per station and Time Productivity

BEAUTY SALON BUSINESS PLAN FINANCIAL SUMMARY: INCOME, CASH FLOW, AND BALANCE SHEET

The financial summary tab represents shows how a salon has used the funds. — the income statement with the year ending money, gross margin percentage, EBITDA, EBIT (the net expenses), net profit before and after tax.

Premium Beauty Salon Business Plan Income Statement Summary
Premium Beauty Salon Business Plan Cash Flow Statement Summary
Premium Beauty Salon Business Plan Balance Sheet Summary
Premium Beauty Salon Business Plan Income Statement
Premium Beauty Salon Business Plan Cash Flow Statement
Premium Beauty Salon Business Plan Balance Sheet

BEAUTY SALON BUSINESS PLAN TOP REVENUE AND TOP EXPENSES REPORTS

Top Revenue Depth tab allows you to learn the information about a volume of salon jobs and extra products. Beauty salon business plan sample enables you to choose a period to look at, e.g. 2020–2024 and shows the exact revenue numbers for each category: salon jobs and extra product.

Beauty Salon Business Plan Top Revenue Summary
Beauty Salon Business Plan Top Revenue Depth
Beauty Salon Business Plan Top Revenue Bridge

This tab of beauty salon budget sample track your expenses during the 5-year period and divides into 4 groups: marketing expenses, placeholder 3, total salary and wages and tax expenses. Everything else can be found in Other section.

Beauty Salon Business Plan Top Expense Summary
Beauty Salon Business Plan Top Expense Depth
Beauty Salon Business Plan Top Expense Bridge

BEAUTY SALON BUSINESS PLAN VALUATION AND BREAK EVEN LEVEL REPORT

The break-even analysis helps to determine the level of sales volume, which the business makes neither a profit nor a loss — a point, where a new product or service will be profitable.

Premium Beauty Salon Business Plan Sample Break Even Analysis

This tab shows how to measure the business worth and helps to calculate the cost of your business.

Premium Beauty Salon Business Plan Sample Valuation

To make a model alive you should use yellow cells to input assumptions.

BEAUTY SALON BUSINESS PLAN SAMPLE REVENUE INPUTS

This tab shows your business’ financial viability. Enter the main inputs and track the impact of changes on business. Core financials, cash flow data, revenue breakdown, profitability forecasts, a cumulative cash flow — all of that can be calculated on the Dashboard tab. Here you can build your own business scenarios. On this tab, you can visually track your key performance indicators on the charts.

How To Open A Beauty Salon? Premium Beauty Salon Business Plan Dashboard
How To Open A Beauty Salon? Premium Beauty Salon Business Plan Dashboard Core Inputs
How To Open A Beauty Salon? Premium Beauty Salon Business Plan Dashboard Currency

At this tab, you may input the extra product assumptions, the names extra product, launch date, margin etc.

Beauty Salon business plan Revenue inputs

BEAUTY SALON BUSINESS PLAN SAMPLE EXPENSES AND WAGES INPUTS

The wages tab allows to easily calculate salaries for staff categories.

How To Open A Beauty Salon? Wages and Salaries Assumptions

These costs don’t vary depending on the number of customers, on services volume, sales — this sum to be charged periodically: every day / week / month / quarter / six months, etc.

Beauty Salon Budget Fixed Expenses

This tab demonstrates your expenses, that depends on the clients’ number, use of products, extra products, beauty services volume.

Beauty Salon Budget Variable Expenses

BEAUTY SALON BUSINESS PLAN CAPEX INPUTS

Here you can input Capital Expenses for the salon, internal calculations of the assets depreciation and the assets closing book value.

Premium Beauty Salon business plan Development Expenses
Premium Beauty Salon business plan Assets

BEAUTY SALON BUSINESS PLAN DEBT AND CAPITAL INPUTS

Are you thinking about a loan or investment for your beauty salon? Our customized debt and grant settings and equity capital are all to your service! You can see internal calculations of the loans, interest, and equity.

Beauty Salon business plan Debt assumptions
Premium Beauty Salon Business Plan Capitalization Table
Beauty Salon business plan Capital

On this sheet, you can track your inventory and working capital within 60 months period. Outputs tab is the “engine” of the model. All core calculations are done here.

Beauty Salon Business Plan Sample Inventory
Beauty Salon Budget Calculations

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