BUSINESS PLANWomens beauty parlor

Presented by:

Group 6

Rahul Kumar Singh 2016PGP24

Rana Hardikkmuar 2016PGP306
Rewa
2016PGP309
Ruminder Kaur2016PGP323
S. Ram Narayanan
2013IPM073
Satchi Sahay
2013IPM079
Saylee Ghag
2016PGP349

INTRODUCTION
Business idea:
An air conditioned beauty parlour in campus for women
Girls of Planet-I can deposit money into the account of the parlour, book slots
and receive hygienic and good quality services.
Revenue source: Service fee collected from the girls of the campus through
Payment Gateway or direct cash.

B PLAN FORMULATION
Formulation of business plan on basis of four interdependent factors which are
critical for success of a venture:
People- Men and women working inside the venture as well as outside parties
providing key services
Opportunity- Business profile- type of products sold, competitors, growth rate
of industry, economics, etc.
Context- External forces that impact business and are not under control of
the entrepreneur
Risk and reward- Assessment of everything that can go right or wrong and
how entrepreneurial team can respond

PEOPLE
2 Female beautician : who will have all information about different payment
gateway
1 IT person: for handling the online site i.e. its working and improvisations in
website
1 Female attendant: to manage all the items required and posting order

HEAD BEAUTICIAN
Main head female beautician
8 years work experience
Positive feedback among all girls of planet-I
No complaints, good service
Posses skills to offer all kinds of services

OPPORTUNITY
Industry attractiveness- Large customer base because of large number of
users availing services of existing beautician
Target customers- Female inhabitants of planet-I
Reason for availing the services of Beauty Saloon- Hygienic one step solution
for standard makeover facilities for girls
Costs involved- Inventory of beauty products, place rent, Salary of parlour
maid
Current competitors- None, although one parlour maid provide basic services
on room to room/ Hostel base.

OPPORTUNITY
Pricing: Regular parlor price
Reach to customers: through website appointment booking, direct booking
Cost of acquiring customer: Less. Since people are already availing maid for
individual services
Cost of delivering services: One time investment as the place will be useful
for long period
Ease of retention of customer: High. Since there is no competition and
existing maid has a good reputation for last 8 years.

THE CONTEXT
Industry trend- Planet I has one dedicated saloon
for men but when it comes to girls there is none. At
planet-I, we have PGP-I, PGP-II, IPM-1 to 5, FPM, EPGP and
faculty and their families, a huge user base but there is no
any standard saloon services for women. In the daily life of
busy planet-I it is a necessary for a easy to reach and
one step solution for all makeover facilities .

CONTEXT(CONTD.)

Technology- An online portal for slot booking and

payment like we have for Xpreso-mat. A database for the
record for all entries in back end and one online portal
on front end.
Inventory Record keeping for inventories of products.

RISK AND REWARD

RISK:
Convenience may be an issue for girls as they have to travel more for the
services now.
Our price may be a little higher than existing service due to various costs.
REWARD
A good quality beauty parlor for girls in parlor, monopolistic business

THANK YOU