Business Plan for a Barbershop

How to start a barbershop what do I need? How much does it cost to start a barbershop? Use a business plan for a barbershop template to launch a barbershop business easily

Overview

Why do you need a financial model template for a barbershop?

  1. Business plans for a barbershop help to create and realize an effective development strategy.
  2. A barbershop financial plan is a helpful tool to easy managing of the business.
  3. A barbershop business plan allows forecasting margins, sales mix, revenues, expenses, salaries, and wages.

With the help of the barber shop financial plan, you’ll be ready to:

  1. Create a successful business plan for your barber shop on 5 years period.
  2. Be ready to track how much money your barbershop generates.
  3. Able clearly to demonstrate the main financial data on 5 years period for your investors.

Barber Shop Business Plan Highlights

100+ users

97% of users

2 hours or less

Key features

  • Designed for flexibility in barber shop 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 barber shop income statement, core financials, and cash flow statement.
  • Functional dashboard as well as built-in break-even, financial summary and barber shop 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 several business scenarios.
  • This barber shop business plan allows you to demonstrate summaries, financial charts and key reports open for editing, saving in PDF, printing and use in presentations.

Barber Shop Financial Plan:
Features And Metrics
from the revenue model to financials

Dashboard

Revenue model

Break-Even point

Financial statements

Salon jobs assumptions

Salon Assumptions

Sales Mix

Valuation

Financing

Summary

Barber Shop Financial Plan: Core Metrics

BARBER SHOP BUSINESS PLAN SAMPLE FINANCIAL & OPERATIONAL METRICS

Barber Shop Business Plan financial graphs show you operating cash flow and the extra products revenue breakdown for the first 24 months and 5 years by month
Barber Shop Business Plan financial graphs show you earnings before interest, taxes, depreciation, and amortization (EBITDA) and the ending cash balance for the first 24 months and 5 years by month
Barber Shop Business Plan financial graphs show you Revenue Breakdown by working days types: holidays versus midweek, as well as revenue breakdown by product types sold
Workforce efficiency Compare Operational Productivity Metrics to make sure you have set up a profitable business
Workforce efficiency Compare Operational Productivity Metrics to make sure you have set up a profitable business

Productivity

Salon jobs revenue breakdown

Worker Productivity

Cash Balance

Operating Cash Flow

EBITDA

Barber Shop Financial Plan Reports

BARBER SHOP FINANCIAL PLAN DASHBOARD WITH CORE FINANCIAL METRICS

BARBER SHOP BUSINESS PLAN DASHBOARD GRAPHS

Barber Shop Business Plan Dashboard Revenue Breakdown — Left Top, Profitability — Right, Cash Flows — Bottom and Core Financials — Bottom Left
Barber Shop Business Plan Dashboard Revenue Breakdown by midweek and holidays shows you which working days generate more sales and Profitability shows you Revenue versus EBITDA and EBITDA, %
Barber Shop Business Plan Dashboard Cash Flow shows you Operating, Investing and Financing cash flows and Net Cash Flow and Cumulative Cash Flow shows you Operating, Investing and Financing cumulative cash flows and Cash Balance

BARBERSHOP FINANCIAL AND OPERATIONAL METRICS

BARBERSHOP FINANCIAL PLAN FINANCIAL METRICS

Barber Shop Business Plan financial graphs show you Revenue Breakdown by working days types: holidays versus midweek, as well as revenue breakdown by product types sold
Barber Shop Business Plan financial graphs show you operating cash flow and the extra products revenue breakdown for the first 24 months and 5 years by month
Barber Shop Business Plan financial graphs show you earnings before interest, taxes, depreciation, and amortization (EBITDA) and the ending cash balance for the first 24 months and 5 years by month

BARBER SHOP FINANCIAL PLAN OPERATIONAL METRICS

Workforce efficiency Compare Operational Productivity Metrics to make sure you have set up a profitable business
Workforce efficiency Compare Operational Productivity Metrics to make sure you have set up a profitable business

BARBER SHOP FINANCIAL SUMMARY: INCOME, CASH FLOW, AND BALANCE SHEET

FINANCIAL SUMMARY

Barber Shop Business Plan Financial Summary shows you Barber Shop Income Statement for Five Years and for the chosen year by months
Barber Shop Business Plan Barber Shop Detailed Income Statement shows you a detailed breakdown of revenues and expenses up till net profit after tax for 60 months ahead
Barber Shop Business Plan Financial Summary shows you Barber Shop Cash Flow Statement for Five Years and for the chosen year by months
Barber Shop Business Plan Barber Shop Detailed Cash Flow Statement shows you a detailed breakdown of cash inflows and cash outflows up till net cash change for 60 months ahead
Barber Shop Business Plan Financial Summary shows you Barber Shop Balance Sheet Statement for Five Years and for the chosen year by months
Barber Shop Business Plan Barber Shop Detailed Balance Sheet shows you a detailed breakdown of assets, liabilities, and capital for 60 months ahead

BARBER SHOP TOP REVENUE AND TOP EXPENSES REPORTS

TOP REVENUE

Barber Shop Business Plan Top Expenses Summary shows you expense breakdown by category. You see top 4 expense categories and all the rest expenses are shown as
Barber Shop Business Plan Top Expense Depth shows you expenses depth and monthly run rate for the chosen year
Barber Shop Business Plan Top Expense Bridge shows you changes in top expense categories from the starting point till ending point for the chosen period of time, as well as the cause of changes

TOP EXPENSES

Barber Shop Business Plan Top Expenses Summary shows you expense breakdown by category. You see top 4 expense categories and all the rest expenses are shown as
Barber Shop Business Plan Top Expense Depth shows you expenses depth and monthly run rate for the chosen year
Barber Shop Business Plan Top Expense Bridge shows you changes in top expense categories from the starting point till ending point for the chosen period of time, as well as the cause of changes

BARBER SHOP VALUATION AND BREAK EVEN LEVEL REPORT

BREAK-EVEN ANALYSIS

Barber Shop Business Plan Break-Even Point Calculator shows you Revenue, Net Profit After Tax and the Sales Break-Even Point

DCF VALUATION

Barber Shop Business Plan Valuation Calculator evaluates your Barber Shop startup with Discounted Cash Flow method

Barber Shop Business Plan inputs and assumptions

BARBER SHOP BUSINESS PLAN SAMPLE REVENUE INPUTS

DASHBOARD INPUTS

Barber Shop Business Plan Dashboard Revenue Breakdown — Left Top, Profitability — Right, Cash Flows — Bottom and Core Financials — Bottom Left
Barber Shop Business Plan Dashboard Core Inputs are for setup your Barber Shop workload and working schedule as well as enter average daily sales and product sales mix

REVENUE ASSUMPTIONS

Barber Shop Business Plan — setup up the extra product's assumptions

BARBERSHOP BUSINESS PLAN SAMPLE EXPENSES AND WAGES INPUTS

WAGES INPUTS

Barber Shop Business Plan — setup up employees hire/fire dates and number of FTEs needed by years

FIXED EXPENSES INPUTS

Barber Shop Business Plan fixed expenses assumptions are flexible enough for calculate daily, weekly, bi-weekly, monthly, quarterly and annually expenses

VARIABLE EXPENSES INPUTS

Barber Shop Business Plan variable expenses as a percentage of total revenue. Simply, give a name and input figure

BARBER SHOP BUSINESS PLAN CAPEX INPUTS

CAPEX ASSUMPTIONS & ASSETS

Barber Shop Business Plan development expenses of your Barber Shop startup are entered here
Barber Shop Business Plan assets tab needed to setup depreciation term for development expenses

BARBER SHOP BUSINESS PLAN DEBT AND CAPITAL INPUTS

DEBT & CAPITAL ASSUMPTIONS

Barber Shop Business Plan debt inputs will help you if you would need any kind of debt financing. Grant also available.
Barber Shop Business Plan captable calculation shows you the shares dilution. You may enter number of share issued and raise capital here.

INVENTORY ASSUMPTIONS AND OUTPUTS

Barber Shop Business Plan inventory calculation shows you the projected inventory demand and purchasing schedule to maintain inventory safety stock level from the Dashboard
Barber Shop Business Plan inventory safety stock inputs
Barber Shop Business Plan outputs assumptions

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store