Eco is a full-time service salon that is dedicated to providing superior services to the clients in a manner that will satisfy their needs. It works on the basis of constantly providing quality services that are satisfactory to the clients at affordable costs. Its aim is to render exceptional quality products and set an environment that is comfortable to the clients and even the staff members. Eco management and its staff work with the focus of creating a customer friendly environment by considering the diversity of people’s ideas, cultures, and preferences. As the name almost suggests, Eco salon focuses on promoting environmental awareness in its service to the larger community and the preservation of nature.
Our Mission: The mission of Eco salon is to offer and supply products and services that will enhance the physical beauty and mental relaxation of the clients as this promotes positive living in the society.
Our Motto: “The Trend Begins with Eco salon!”
This venture has just been started at the right time and in the best location. After a relentless exploration of possible sites for seven months, it was established the Texas Arena was the best location. The spirit of hard work and undying efforts of this noble idea was facilitated by the high demand from our customers at the friendship level. Besides, the recruitment of highly qualified beauty professionals to support the venture made it a potential creation.
David Hey, co-owning this venture with Janet Thatcher, had worked in some high-class salon and gained customer popularity due to his superior services and this will boost the client base of Eco salon. David has excellent skills and attractive dexterity when handling customers and this is responsible for the fame that Eco boasts of among the competitors. We highly expect our reputation to improve with the aim of capturing more than half of the existing market size in this industry.
To attain our goals, Eco salon seeks to source additional finances through loans. This loan will be repaid from the firm’s revenues and the collateral security for its acquisition will rely on the existing assets, personal guarantors of the business owners, the exceptional goal-oriented and experienced staff.
The major keys to success Eco salon enterprise will include:
Eco salon is planning on commencement of its operation to deal in a wide range of products and services that will capture all the beauty-related desires of the clients.
Eco will supply high-quality nail, hair and skin services coupled with a variety of the global class beauty and skincare products. The salon is committed to doing all it takes in line with acceptable business ethics to set the pace ahead of its competitors in beauty and skincare services. This will be enhanced by providing the services under one roof in a convenient location.
Eco salon will be located in the commercial lane in Texas Arena inMall1453 Holy Street in Texas. This salon will cover a metric space of 1645 square feet. The site of the business is strategic with respect to the heavy human traffic that uses the road and will likely bump on the magnificent salon. It is at a junction and this boosts chances of accessibility by many potential clients from any side of the town.
The initial plan was to acquire an established salon but after this failed, I decision was reached at to start Eco from the ground up. There is a heavy capital requirement that will be used to lease the premises, do interior design of the salon and purchase equipment for operation in the salon.
The capital requirement for leasing is approximated at $32,500 while the acquisition of the basic salon equipment will cost approximately $27,000. They will be personal investment by the owner to the tune of $500 with cash at hand by the commencement date.
| Start-up Requirements | |
| Start-up Expenses | |
| Rent deposit | $1,817 |
| Other | $0 |
| Total Start-up Expenses | $1,817 |
| Start-up Assets | |
| Cash Required | $500 |
| Other Current Assets | $600 |
| Long-term Assets | $59,500 |
| Total Assets | $60,600 |
| Total Requirements | $62,417 |
| Start-up Funding | |
| Start-up Expenses to Fund | $1,817 |
| Start-up Assets to Fund | $60,600 |
| Total Funding Required | $62,417 |
| Assets | |
| Non-cash Assets from Start-up | $60,100 |
| Cash Requirements from Start-up | $500 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $500 |
| Total Assets | $60,600 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $61,917 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $61,917 |
| Capital | |
| Planned Investment | |
| Owner | $500 |
| Investor | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $500 |
| A loss at Start-up (Start-up Expenses) | ($1,817) |
| Total Capital | ($1,317) |
| Total Capital and Liabilities | $60,600 |
| Total Funding | $62,417 |
Eco salon is set to scale the heights of a full-service beauty and skincare center. The range of services and products enlisted by its management on offer includes:
The strategic plan of Eco salon is to apply a lot of skills in what is done, excellent customer services, a comfortable and relaxing environment for the clients and the staff.
Eco salon is committed to set standards and become the admiration of other competitors that may be offering only a few products and services. This idea was obtained from clients who claim that they need a wide range of products and co-operating services at the same point. This they claim is less costly and time friendly. Out of this market research from the management team and the owners, co is likely to gain many commands of the market. Eco salon will offer products mostly and offer services as well as on-demand in the same premise for convenience.
The location of the Eco salon is focused on taking care of all the clients from different socio-economic classes. This will be a competing edge against similar ventures that are located in the middle of the town targeting only the elite class and discriminating against the middle and lower class.
Eco will provide a relaxing and cozy environment for customers as they get served. Additional free services like soft drinks will be given to customers at the waiting bay which will also have a television set for global and local news updates besides entertainment.
4.2 Marketing Strategy
The salon will use the customers who profess satisfaction from services they are offered to market itself. When clients leave the premise with products that meets the desires and the result is observable within the community, people will enquire where the service or product was obtained and this will go along way in selling our image and promoting our business. This simply means that Eco salon will get clients who have been referred to by others.
From our market investigation, beauty business doesn’t require a lot of promotional campaign but instead, it requires a well structured oral advertisement of one on one. In support of this strategy, Eco will offer special services as a mode of the marketing mix. Customers who are already served will be encouraged to refer others and get discounts as a reward. There will also be a lottery draw for a trip to the annual global beauty contest venue. In this case, the client will be given cards to drop each time they come to be served, to purchase or refer a new client and the higher the number of cards, the greater the chances of winning. This method will put the salon ahead of others.
Sales projections of Eco salon are as illustrated by the bar charts and tables below. The revenue is expected to show a steady increment for the next four years after a lag phase at the starting period.
.
| Sales Forecast | |||
| Year 1 | Year 2 | Year 3 | |
| Sales | |||
| Owner | $49,600 | $57,040 | $65,696 |
| Stylist #1 | $49,600 | $57,040 | $65,596 |
| Barber #1 | $16,800 | $19,320 | $22,218 |
| Stylist #2 | $22,800 | $25,622 | $29,465 |
| Stylist #3 | $0 | $22,000 | $24,000 |
| Nails and massage | $18,000 | $20,000 | $22,000 |
| Product sales | $9,600 | $10,000 | $11,000 |
| Total Sales | $166,400 | $211,022 | $239,975 |
| Direct Cost of Sales | Year 1 | Year 2 | Year 3 |
| Product Costs | $4,320 | $4,300 | $4,400 |
| Other | $0 | $0 | $0 |
| Subtotal Direct Cost of Sales | $4,320 | $4,300 | $4,400 |
Craik, J. (2009). Fashion. Oxford: Berg.
Kurtz, D. L. (2012). Boone & Kurtz contemporary marketing / David L. Kurtz. Mason, OH: South-Western Cengage Learning.
Cunningham, J., & Harney, B. (2012). Strategy & strategists. Oxford: Oxford University Press.
Mernagh-Ward, D., & Cartwright, J. (1997). Good practice in salon management. Cheltenham: Stanley Thornes.
Rennie, M. (1970). Elementary office practice. London: Heinemann Educational.
Henderson, J. P. (2009). The small business self-starter handbook: How to manage pitfalls of small business start-ups. New York: IUniverse.
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
GET A PERFECT SCORE!!! 
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more