The brand consultant who has a vast knowledge of how to promote businesses such as ours will help develop publicity strategies that will deliberately project our brand and ensure that our target market are easily able to differentiate our brand from that of our competitors. 5 Tips To Consider When Applying For Loans Online, Ways on How Recruitment Marketing Benefits Your B2B Strategy, 6 Legal Ways to Download Music From YouTube, 29 Small Businesses Ideas for Memphis, Tennessee in 2021, 29 Small Businesses to Open Now in Detroit in 2021. Shae’s Touch Studios intends to deliver to its customers various services and products from its primary location here in Bay Island – California. Hair and Beauty Salon: Business Summary. Ensuring that we get the right publicity for our business so that we could effectively compete with brands whilst also becoming a force to reckoned with in the industry; has led us to hire a brand consultant. Makeup is used for a variety of purposes from weddings, occasions to movies and so much more, and so there are many opportunities available for us in this industry as more target markets that would require our services are yet to be tapped into by us. Generating Funding/Startup Capital for Shae’s Touch Studios Business. dominated the mass makeup market in the categories of Eye and Lip. However, make sure to focus on: With the above guidelines, you can develop an effective and presentable business plan for your makeup artistry business. CEN/TC 392 Business Plan. There are several threats that we face as a growing company such as an arrival of a major competitor to the same location we are operating from leading to a reduction in the number of customers we are likely to have. Our intention is to become the preferred company for our target market not only here in Bay Island but all over California as well as the whole United States of America. Bplans is owned and operated by Palo Alto Software, Inc., as a free resource to … Along with the marketing strategy, you also need to mention all the monetary and non-monetary resources required to run the sales and marketing operations. We also know how beneficial it is to reward our loyal customers especially those who refer us to others. Everything has a start and business is the same. Makeup Artist Business Plan Sample Pdf masuzi September 21, 2018 Uncategorized 0 Makeup artist business plan saubhaya makeup artist business plan pdf saubhaya makeup artist business plan template with example sample makeup artist business plan free saubhaya However, due to the fact that we are going to be offering varied services more than a regular make-up business, we intend to hire more staff than conventional to be able to handle the various positions and tasks that is likely to crop up during the course of running our business. After critically examining this industry and our chances of making it, using several data and assumptions from similar start-ups such as ours; we were able to come up with the following sales forecast. It is our goal as professional makeup artists to strive for a standard of excellence that is far beyond average. We have also empowered our marketing and sales team to draft and modify effective marketing strategies that will help deliver our corporate sales goals. This section will include details on how you plan to market your business and the resources you will need to do so. The idea is on mind, owning a beauty salon business. Also, the bulk of the capital will go into paying salaries of our employees and utility bills for at least 4 months. COSMETICS. Our plan is to position our cosmetics, beauty and fragrance store business to become the leading brand in the whole of Carson City – Nevada, and also to be amongst the top 2 cosmetics, beauty and fragrance store brand in the whole of Nevada within the first 5 years of starting our business. This sample Make Up School and Beauty Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Here in this section, you will list all the costs that you will incur on your, setting up a small scale makeup artist business, Your Business Plan Guide to Open a Laundry & Dry Cleaning Business, Easy and Effective Tips for Creating a Business Plan, How to Write a Business Plan Executive Summary, 5 Things to Consider Before Writing Business Plan, 5 Complete Steps to Start & Run a Profitable Procurement Company, How to Start & Run a Profitable Online Dropshipping Store, Planning to Start a Security Guard Company? Finally, we know how important having a solid business structure is and how it would allow us have as less hitches as possible when we start off our business and to this effect, we have sourced for qualified and competent hands to handle the various tasks that we would assign them. Key Components of a Business Plan. Executive Summary. How Profitable Are Online Marketplaces in 2020? Cosmetics Business Plan in Nigeria. Sales & Marketing Strategies and Planning, This section will include details on how you plan to market your business and the resources you will need to do so. She got the sum of $13,000 from friends and has the sum of $150,000 approved by the bank after several documents were signed to that effect. To however achieve this, we have several competitive strategies in mind. Feb 19, 2018 - MAKEUP ARTIST BUSINESS PLAN -Template with example & sample Note that each of the sections relate to the 9 key things a plan needs to cover above (What a coincidence!) - this is the most important factor in whether a one-time customer becomes … Experts always suggest putting your goals on paper before you actually start a business so you can keep track of your efforts and returns. Because we intend to cater to diverse customers, we have come up with payment options that would suit all our various customers’ preferences here at Shae’s Touch Studios; Therefore, the payment options that we will make available for all our customers are; The above payment options were carefully chosen by us and will work with no hitches for our customers whilst also allowing us achieve our intended goals. We have the best welfare packages for our employees better than what their counterparts are getting in similar startups such as ours. 5-Step BUSINESS PLAN FOR BEAUTY AND COSMETIC PRODUCTS. Think of a, 4. Strengths and weaknesses of your competitors in comparison to your services. We intend to take great care of our staff pay them better than their counterparts in similar start-ups such as ours. Start by throwing a mock make-up contest grand opening party in order to increase our awareness in the community where we intend starting our business. Because of how serious this aspect of business is, we have hired a marketing consultant who is not only reputable but who has vast experience regarding our type of business in order to help us conduct thorough market research that would allow us penetrate the market. Shae’s Touch Studios is a national and international makeup studio that is located in Bay Island – California here in the United States of America and intends to cater to corporate and domestic clients. In summary, below are the sales and marketing strategies that would be adopted by Shae’s Touch Studios; Having the right publicity is very paramount to our kind of business and this involves exploring all the means necessary via conventional and unconventional methods. Also, an economic downturn is likely to be a threat to our businesses because this would mean more people trying to apply makeup themselves than approaching a professional to help them out. Application and Obtaining Tax Payer’s ID: Application for business license and permit: Drafting of Contract Documents and other relevant Legal Documents: Graphic Designs and Printing of Marketing/Promotional Materials: Creating Official Website for the Company: Creating Awareness for the business both online and around the community: Health and Safety and Fire Safety Arrangement (License): Establishing business relationship with vendors – wholesale suppliers/merchants. The amount is due to be credited to her business account before the week runs out. Should any of the assumptions change, it would have an effect on the figures posted which could either result into an increase or decrease. This is a sure way of ensuring that the business is adequately sustained. Introduce our makeup business to corporate bodies, individuals and other stakeholders in the industry. Market our brand online via our social media platforms (Facebook, Twitter, Instagram and Snapchat) as well as on our website and other related blogs. We are in business to not only make profit but also to compete favorably with similar business (startups or established) here in California and also all over the United States of America. California is a glamorous place because most celebrities reside here, from movie stars to artistes and other kinds of celebrities and so would always require the services of make-up artists for whatever reason. In fact, below is a sample makeup artist business plan template. To this effect, we therefore are in business, from our findings to offer our services to the following group of people; We understand the power of makeup and our intention is therefore to build a business that is not only a national brand but an international brand as well. The company will be situated in Los Angeles. The Markwins box costs €32 and includes four eyeshadows, a lip Customers are the reason a business exists and generates revenue especially a service oriented business, and so we know how valuable our customers are and what to do to ensure that we retain at least 80% of those who patronize our services. Shae’s Touch Studios is a business owned and run 100% by Ms. Shae Lannister, a professional make-up artist. Great! document.getElementById('follow_fb_like').src = "//www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.startupguys.net&width&layout=standard&action=recommend&show_faces=false&share=false&height=35"; The aim of this study is about gaining valuable consumer insights in order to suggest strategic proposals to grow Maybelline’s current BB Cream business in the Vietnamese market. This experience is highly necessary as it means that all the management staff understands how to help make our brand the best not only nationally but also internationally. Makeup artists who however worked in mortuaries earned 22% higher salaries than their counterparts in other industries. California is a dream place for any makeup artist as not only are there more glamorous individuals here, there are also more celebrities, which means that we are optimistic of meeting our set target within eight months of starting and growing our business, due to the strategic location which we selected. to make your business plan more appealing and attention-grabbing. So, in this section you’ll need to consider and document a few things: As you have already done the costing in previous stages, this is the time to put all the financial elements in one place in proper order. Lots of opportunities exist in Los Angeles, New York, Chicago and Miami. Also, the funds that are needed to start and run this company will be gotten from personal savings as well as from the bank. If YES, here is a complete sample makeup artist business plan template and feasibility report you can use for FREE. Create a list of services that you will offer, and it better is to identify the pricing at the same time. }, 4000);} This has led her to restrict the sourcing of her capital to three major sources. SOS Beauty Kit BUSINESS PLAN 7 (2) Boxes, like Markwins box (Markwins website - Figure 5) or Benefit Cosmetics box (Benefit Cosmetics website -Figure 6), are also makeup keepers but are mostly used at home due to its size. She therefore understands what paths we need to follow to help us get to the top and achieve all our corporate goals and objectives. Date: 2016-03-14. Almost everyone uses makeup especially for special occasions, events and other purposes and therefore require the services of a make-up artist to be able to get the look they want. Either way, a makeup artist in order to create a sustainable flow of income will need to be in as much niches as possible. Firstly download the template! It's fast and easy, with LivePlan. For instance, whether you will be needing a website or not, who will develop the website, who will develop the materials and contents for brochures and business cards (Do not forget to check out our guidelines and sample business cards for the makeup artist business). Marketing not only generates revenue and brings in more customers for a business, it is also a way of ensuring that the company is positively communicated to the public and can also effectively compete against its competitors in the industry. Our promotional strategies are top notch as we already have a popular channel on YouTube where we give tips and advice to our audience. Each free business plan template is available in Microsoft Word (DOC) format, and many of the Business Plan Forms are available in Excel (XLS) format as well. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. The loan is to be repaid in 7 years at the rate of 3%. Sustainability and Expansion Strategy, choosing a suitable location for our makeup business, How Non Profit Organizations Benefit the Society/Community, Offering of makeup services (for weddings, special occasions, on movie sets) to our various clients, Sale of our own makeup products produced by us. Below are the sources where Ms. Shae intends to source  her start-up capital from; N.B: Ms. Shae has been able to gather the sum of $50,000 from her personal savings. If your goal is to improve your grades and gain new writing skills, this is the perfect place to reach it. Our vision is to ensure that we not only meet but exceed the expectations of our clients no matter what those expectations are. while running your own business may not always be easy, the information found in this packet will help you on your way to running a successful business in makeup artistry. Therefore the bulk of our capital will be used to pay the salaries of our employees, pay utility bills and also to lease a facilityl. 4 Ways to Use PDF Files to Their Full Potential, Checklist for Starting a Small Business in Texas, USA. Our motto is to not only know what our clients want and meet these needs but to positively exceed their expectations. 1. document.getElementById('follow_fb_likebox').src = "//www.facebook.com/plugins/likebox.php?href=https%3A%2F%2Fwww.facebook.com%2Fstartupguys.net&width&height=258&colorscheme=light&show_faces=true&header=false&stream=false&show_border=false"; FirstCompany Enterprises is a quality Makeup Studio, high-energy, Makeup Studio business. For instance, whether you will be needing a website or not, who will develop the website, who will develop the materials and contents for brochures and business cards (Do not forget to check out our guidelines and, 5. Encourage our loyal customers to refer our brand to others. Even though our core source of income is making up our clients, we intend to consult for our clients and also train them as well. We intend to not only concentrate on our core offering; this means that we would be offering other services that are intended to boost our income and make us have a healthy bottom line in which to sustain our business. Finally, technology has come to play a huge role in the makeup industry as makeup artists can try out makeup shades on faces in the computer and know which look might likely fit their client before meeting the client. COSMETICS BUSINESS PLAN IN NIGERIA. Ensure that we advertise Shae Touch Studios in local newspapers and magazines, and on radio and television stations as well. Customers are very important to us and so we intend to offer makeup services and trainings our! To bring in any external partners to run the business plan is the result of SWOT. 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