TITLE: PROFESSIONAL HAIR AND MAKEUP STUDIO

1. INTRODUCTION TO BUSSINESS
 Definition of a Beauty Studio’s
A beauty Studio is an establishment that offers a variety of cosmetic treatments and cosmetic
services for men and women. Beauty Studio may offer a variety of services including
professional hair cutting and styling, manicures and pedicures, and often cosmetics, makeup
makeovers.

 Licensing and employment information for Beauty Studios

Beauty Studio employ cosmetologists specializing in general beautification techniques.
Cosmetology licensing requirements vary from state to state, and depending on which
specific type of license is desired; general cosmetologist, hair stylist, esthetician, manicurist,
barber, electrologist, or other. For a state by state breakdown of licensing requirements.

 Services typically offered by Beauty Studio

A beauty Studio may just offer hair care & hair styling services, or nail services, manicures
and pedicures. Most businesses classified as beauty Studio offer a combination of hair styling
and nail services. In addition, beauty salons may offer skin care services performed by
estheticians, including facials, exfoliating scrubs and anti-aging techniques. The advance
Hairs Treatment’s. A business that just offers the skin care and esthetician services is
generally referred to as a spa or day spa. Many beauty salons also offer cosmetic services
such as makeup application, eye beautification, and general makeovers and cosmetic
instruction.

 Products used by or offered by Beauty Studio

Some beauty salons also include retail sales of beauty products for consumers. Hair care and
styling products may include shampoos, conditioners, styling gels, sprays, coloring products,
and tools used for hair care. Skin care products may include lotions, exfoliants, anti-acne
products, tanning and bronzing products, and herbal or chemical solutions. Nail care products
may include nail polish, acrylic nails, and nail care tools. General cosmetic products may
include makeup and eye beautification products.

 Professional Beauty Studio Websites and Web Design for Beauty Studio
Studio Builder specializes in beauty salon web design and web development for beauty
salons. Studio Builder has over 80 design and color templates to choose from, and easy to use
administration tools so you can manage your website without having to contact a 'web guy'.
2. DETAILS OF PROJECT

NAME: KOLHE SHIRAJ VIAJY

ADDRESS : A/P Derde Chandwad Tal:Kopargaon Dis:Amedhnagar
HIGHEST QUALIFICATION: B.tech in Mechanical Engineering
PRODUCT: Service Based Hair and makeup studio.

3. REVALENT WORK EXPERIANCE OF THE BUSSINESS

 Having four years of Experience as a professional hair and makeup Artist.
 Having Experience in Chemical Treatment of Hairs.
 Done hair and makeup Classes in Mumbai.
 Experienced in All Skin treatments.
 Done Micro-needling Classes (injection based treatment for skin having sacrs )
 Experienced in Client Consultation.
4. TRANNING SKILLS REQUIRED

Knowledge:

 Good Hairs Knowledge.

 Having Certification in Hairs treatments.
 Good Knowledge of skin.
 Good Presentation of Makeup.
 Good Hairs Knowledge.
 Good Product Knowledge.

Skills:
 Good Communication Skills.
 Good Makeup Skills.
 Haircutting and Spa Skills.
 Good Client Handling Skills.
 Collaboration and teamwork.
 Professionalism.

5. EXPLAIN YOUR BUSINESS IDEA

 Here the make-up and hairs studio plans for the professional service given to the clients to get
satisfied results of Hair, Skin, Nails etc. This gives the service of all type of Hairs treatments, all
types of Makeup looks. Which include the Professional treatments such as Hairs Smoothning,
Keratin Treatment, Spa etc. Scalp Treatment, Hot Oil Treatment, Moisture Treatment.
Detox Treatment, Relax Treatment, Toning Treatment, Hair Glossing Treatment.
Makeup artists are creative individuals who use cosmetics to transform their clients depending
on the occasion the client needs the makeup for.

Usually, makeup artists work by themselves which makes it sometimes difficult for their income
to be regular, except they go into certain niche areas such as carrying out makeups for models or
becoming movie makeup artists. Either way, a makeup artist in order to create a sustainable flow
of income will need to be in as much niches as possible.

While this might be an artistry kind of task, making a business out of it would require following
certain business rules just like any regular kind of business. While writing a business plan might
seem difficult and intimidating for a creative individual, there are two options available to you.

Having a solid business structure is very important to our business and we take it very seriously
because we know that this would allow us start and run our business with as few hitches as
possible. Our plans are to run a standard makeup studio and so we intend to get it right from the
beginning so that things can flow seamlessly, and that is why we are looking to employ only the
best to work with us in our makeup studio.

Because of the standard that we have set for ourselves, we are willing to ensure that we employ
competent and hardworking staff who understand our business specifically and the industry at
large so as to take our business from where we are to where we ought to be.

Also, the staff we employ must be dedicated and ensure that they communicate our brand
positively at all times. 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.
JOB ROLE AND RESPONSIBILITIES

1. Chief Executive Officer

 Takes key decisions and actions that would affect the overall growth and sustainability of
the business
 Ensures that organizational policies are effectively implemented
 Drafts the budget and ensures that it achieves full implementation
 Meets with valuable clients on behalf of the company

2. Admin Manager and Human Resources

 In charge of ensuring that all the administrative functions of the business run smoothly
 Recruits competent employees on behalf of the studio
 Ensures that employees receive great welfare packages and also undergo trainings as at
when necessary

3. Production Manager

 In charge of certain projects undertaken by the studio

 Ensures that the brand makeup produced by the studio is standard industry-wise

4. Makeup Director

 In charge of all makeup artists in the studio

 Creates and sources for profitable niches on behalf of the company
 Is updated on industry trends so as to meet and exceed the expectations of clients

5. Quality Assurance Manager

 Ensures that make-ups gotten are of high standard

 Liaises with brands and ensures that the company gets the best deals.
6. Accountant/Cashier

 In charge of preparing account and financial statements on behalf of the firm

 Ensures that tax documents are accurately prepared and sent to the right authorities
 Ensures that the books of the company are reconciled with that of the bank and that all
details are correct.

7. Marketing and Sales Executives

 Conducts market research to determine new target markets on behalf of the company
 Drafts and implements effective marketing strategies on behalf of the company
 Conducts one on one marketing and sales on behalf of the company.

8. Front Desk Officer

 Attends to all enquiries, bookings, complaints and feedbacks from clients

 Should be updated on industry trends and organizational policies so as to offer
clients accurate information
 Keeps an accurate and updated customer database on behalf of the company

9. Store Manager

 Ensures that all the products are intact and accounted for
 Ensures that the store remains well ventilated and secured at all times
 Ensures that light repairs and maintenance are carried out as at when due

10. Cleaner

 Ensures that the premise is kept clean at all times

 Ensures that cleaning supplies are always in stock
 Carries out any other duties as might be determined by the administrative manager.
 11. Driver

 Helps deliver and supply products to the studio

 Carries out light maintenance on the vehicle when and where necessary
 Carries out any instruction by the human resources manager

6. WHAT RESOURSES AND EQUIPMENT’S REQUIRED TO SET THE BUSSINESS

 Certification of Makeup Artist.
 Form your Makeup Artist Business into a Legal Entity.
 Register your Makeup Artist Business for Taxes.
 Open a Business Bank Account & Credit Card.
 Set up Accounting for your Makeup Artist Business.
 Get the Necessary Permits & Licenses for your Makeup Artist Business.
 Get Makeup Artist Business Insurance.
 Define your Makeup Artist Business Brand.
 Create your Makeup Artist Business Website.
 Set up your Business Phone System.

7. TYPE OF COMPANY –LIMITED COMPANY FRANCHISE

 Business assistance. One of the benefits of franchising for the franchisee is the business
assistance they receive from the franchisor.
 Brand recognition.
 Lower failure rate.
 Buying power.
 Profits.
 Lower risk.
 Be your own boss.
8. PLANNING OF BUSINESS
Our Business Structure

Having a solid business structure is very important to our business and we take it very seriously
because we know that this would allow us start and run our business with as few hitches as
possible. Our plans are to run a standard makeup studio and so we intend to get it right from the
beginning so that things can flow seamlessly, and that is why we are looking to employ only the
best to work with us in our makeup studio.

Because of the standard that we have set for ourselves, we are willing to ensure that we
employ competent and hardworking staff who understand our business specifically and the
industry at large so as to take our business from where we are to where we ought to be.

Also, the staff we employ must be dedicated and ensure that they communicate our brand
positively at all times. 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.

.Our Mission and Vision Statement

 Our vision is to ensure that we not only meet but exceed the expectations of our clients
no matter what those expectations are.
 We also intend to become a national and international brand by the year 2019.
 In achieving our vision, we intend to hire creative makeup artists who are also instinctive
and understand what it is our clients want, and ensure that they get what it is they want.

9. SHORT TERM GOALS AND LONG TERM GOALS

 Short term goal is enhances a person's appearance, bringing out color and features and
hiding or smoothing out flaws, using cosmetic products.
 Long term goal of Hair Dresser and Makeup Artist is Increase overall brand awareness.
10.SCOPE FOR HAIR AND MAKEUP STUDIOS

A makeup artist can Job duties may also include shampooing, conditioning, combing, perming,
shaving and waxing hair, if required. In addition, many cosmetologists offer skin and nail
treatments such as scalp treatments. These candidates would get jobs in the beauty industry,
hotels, saloons, cosmetic units, academic institutes, fashion industry, TV and film industry. Job
duties may also include shampooing, conditioning, combing, perming, shaving and waxing hair,
if required. In addition, many cosmetologists offer skin and nail treatments such as scalp
treatments.

11. TARGET COSTOMERS IN MARKET

 Your studio can target eco-conscious, unmarried, college-educated women who are
between the ages of 20 and 35.
 target market is female athletes between the ages of 13 to 25, a target customer could be
female athletes in the specific age range of 13 to 16.

12. HOW YOUR SERVICE IS DIFFERENT FROM EXISTING

 Generally here clients will get the service of hairs and makeup in single studio
 The Advance Professional branded products are used.
 Surety is given to every client coming in a studio.
 Good Hair colouring techniques.

13. HOW MANY SIMILAR BUSINESS AVAILABE IN THE MARKET

 According to Value Notes Database, the Pune-based research firm, India has over
61,000 beauty salons in towns that have a population of over one million. The beauty
salon industry's estimated turnover is over Rs 2,000 crore, with the metros accounting
for about 60 per cent of this
 Of these, Mumbai alone has a little over 2 lakh hair cutting salons and beauty
parlours, employing an average of 4-8 workers, men and women.
14. PRICING OF SERVICE MONTHLY/YEARLY SELL TARGET

 HAIRS

Total Gain 302050

Sr No Type Per month clients price of 1 service Total cost
1 Hair Smoothning 3 4000 12000
2 Hair Rebonding 4 5000 20000
3 Hair Deep Conditioning 5 3000 15000
4 Hair Silk 2 5000 10000
5 Hair Keratin 5 7000 35000
6 Liss 2 4000 8000
7 Olaplex 2 4000 8000
8 Detox 3 6000 18000
9 Smoothing Spa 5 2000 10000
10 Hair Repair Spa 8 2000 16000
11 Hot Oil 5 2500 12500
12 Moisture 6 1000 6000
13 Relax 5 1500 7500
14 Blowdrying 6 1000 6000
15 Hair Cutting 6 800 4800
16 Hair Treaming 5 300 1500
17 Bridal HD Makeup 2 1000 2000
18 Bridal 3D Makeup 1 9000 9000
19 Bridal 2D Makeup 2 8000 16000
20 Celebraty Makeup 2 5000 10000
21 Nude makeup 3 5000 15000
22 matte Finished 2 8000 16000
23 Glam birdal 1 6000 6000
24 Facial 6 1500 9000
25 D-Tanning 6 1500 9000
26 Radio massage 5 1000 5000
27 High Frequency massage 5 850 4250
28 Oil Massage 6 500 3000
30 SAMicro needling 5 1500 7500
  MAKEUP AND HAIR VARIABLE ABD FIXED COST

35000
Variable cost per month
Item Cost
Hair Products 10000
Makeup Products 15000
Food products 1000
Hair Accessories 2000
Makeup Accessories 3000
Electricity 1500
PC and Wifi 1000
Travelling 1500

 SKIN TREATMENT

 On an Average the salary of famous studio in Mumbai the per day is Rs.13000 /-
 Based on location between 6-20 clients per day.
 Hence Rs.403000 /- will be the salary per month.
 If its wedding season the salary will be Rs.5,00,000 /- per month.

15. DIRECT OR FIXED COST EXPENDITURE, FIXED COST

INCLUDING LAND, BUILDING, MACHINERY, RAW PRODUCTS.

Fixed expenditure of half acre land is in Mumbai is Rs.2 Cr.

Fixed expenditure of building is Rs.50 lakh in Mumbai.

You need approximately 50 lakhs to open a salon franchise in India

Expenditure of raw materials will be Rs.50,000

16. VARIABLE OR RUNNING COST INCLUDES LABOUR COST,
ELECTRICITY,TRAVELLING AND HIRING CHARGES

 Labour cost will be on an average Rs.30,000 per month.

 Electricity bill per month will be Rs.10,000 per month.
 Travelling charges will be Rs.5000 per month.

471000 35000
Fixed cost Variable cost per month
Item Cost Item Cost
Shop 300000 Hair Products 10000
Chairs 15000 Makeup Products 15000
Shampoo Station 30000 Food products 1000
Mirrors 15000 Hair Accessories 2000
Lights 1000 Makeup Accessories 3000
Hairs Accessories 30000 Electricity 1500
Vanity 20000 PC and Wifi 1000
Furniture 30000 Travelling 1500
Assistant Pay 30000

17. PROFIT MARGIN PER MONTH/YEAR

Salons can earn an average profit margin of 8.2%, which is actually higher than the general
business average of 7.7%

Salons can earn an average profit margin of 82.14741

18. KNOW YOUR COSTOMER

 Don't Make Assumptions.

 Leverage Social Media
 Ask Customers.
 Conduct Surveys.
 Look Past the Purchase.

19. FINANCE PLANNING

 Budgeting and taxes.

 Managing liquidity, or ready access to cash.
 Financing large purchases.
 Managing your risk.
 Investing your money.
 Planning for retirement and the transfer of your wealth.
20. PROFIT LOSS FORCAST/ PROFIT MARGIN FORCAST/ RETURN
AGREEMENT WITH THE BLANK.
Cost
Sr No Service Price sale Retail Profit Loss Margin
Service
1 1 5000 7000 7500 500 -2000 7%
Service
2 2 4000 8000 8580 580 -4000 7%
Service
3 3 3000 6000 6925 925 -3000 13%
Service
4 4 2000 5000 5685 685 -3000 12%
Service
5 5 4000 3000 4500 1500 1000 33%

21. FUNDING FOR BUSINESS/ FUTURE BUSINESS ASSET

 Banks Non-Banking Financial Institutions Government Loan Schemes.

 Internal Self-Finance.

 Equity, Debentures and Bonds.

 Public Deposits.

 Loans from Banks.

 The Managing Agency System.

 Indigenous Bankers.
  Development Finance Institutions.

 Foreign Capital.

22. CALCULATION OF BREAK EVEN

month total cost income net profits

0 471000 0 -471000
1 506000 196050 -309950
2 541000 392100 -148900
3 576000 588150 12150
4 611000 784200 173200
5 646000 980250 334250
6 681000 1176300 495300
7 716000 1372350 656350
8 751000 1568400 817400
9 786000 1764450 978450
10 821000 1960500 1139500
11 856000 2156550 1300550
12 891000 2352600 1461600
13 926000 2548650 1622650
14 961000 2744700 1783700
15 996000 2940750 1944750
16 1031000 3136800 2105800
17 1066000 3332850 0

Hence, Break Even point is at 3rd month at Rs. 500000.