Writing a Business Plan for a Barber Shop
Barber shops have been for hundreds of years, and they are a mainstay industry within the
United States. As everyone needs a haircut from time to time, barber shops are always able to generate highly predictable streams revenue on a month-to-month basis. This is especially true once the barbershop develops an ongoing relationship with its customer base. Deutsch and Thomas has developed a number of business plans specific for barbershops over the past 14 years we have been in business. We are familiar with all the different revenue streams that can be generated by providing haircutting and barbering services to the general public. We are also familiar with all the necessary startup costs and ongoing operating expenses associated with these businesses. Given the economic stability of these companies, most financial institutions are willing to provide a business loan or working capital line of credit in order to get these businesses off the ground.
As standard in all the work that we do, Deutsch and Thomas always provides its clients with a full five year financial model that features a profit and loss statement, common size income statement, balance sheet, breakeven analysis, business metrics page, and cash flow analysis. We do all the necessary market research specific to your local area including a competitive analysis concurrently developing a demographic profile of the customers that we targeted with your new barber shop. We also provide a full economic analysis that showcases the current state of the
United States economy. Within the business plan, we also provide a full marketing and advertising plan that showcases how you will set your barber shop apart from other competitors in the market. This includes an in-depth discussion regarding both traditional forms of advertising as well as usage of social media and other online platforms in order to about the business. All the work we do is specific to the needs of each client, and we can work closely with you throughout the entire business plan writing and capital raising process.
If you're interested in having a professionally written business plan for your barber shop, please feel free to contact us anytime at 646-216-9844 or to the contact us form on this website. We look forward to working with you!