Opportunity

Problem

A full-service beauty salon is needed to provide high customer satisfaction.

Solution

We will supply products and services that improve our clients’ physical appearance and mental wellbeing.

Market

Our clients will be male and female who are fashion-conscious and have disposable income. While our clients are mostly women we will also be including men who fit these criteria.

Competition

Although there are many salons that are similar to ours in MyTown, most are located in areas with high incomes. We are not trying to compete with « Day Spas ». We offer a middle-ground for clients who are unable to afford luxury salons.

Why Us?

Trend Setters will begin to sell a wide array of beauty services as soon as they are established. We will offer high-quality services for hair, nails, and skin, as well top-of-the-line beauty products. Trend Setters is unique because we offer all these services in one location.

Expectations

Forecast

The forecast indicates that small profits will continue to decline in the third consecutive year. We believe this is realistic, even conservative. Of course, we will continue to review actual results on a monthly base and revise the forecast as required.

Financial Highlights by Year

Financing Needed

We will need $60K to make an owner’s investment, and $50K for vendor financing in order to buy equipment.

The $50K cash cushion, $9K initial expenses and $53K tangible asset at launch are the starting costs.