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Creating a Barbershop Business Plan

barber shop barber business plan

Creating a Barbershop Business Plan:

Everything you need to know.

Running your own badass barbershop is your dream—you’ve been thinking about it forever, working toward it, and dreaming of the day you’d make it happen.

You’ve got the skills, you’ve got the know-how, and dang it, you’ve got the determination to make it happen.

Your just missing one thing—a barbershop business plan.

We know, we know—talking about business plans is intimidating. The idea of sitting down and mapping out all the details of your dream business seems lengthy, tedious, and let’s be honest here, intimidating.

But here’s the deal. Creating your perfect business plan doesn’t need to be a foot-dragging, I-don’t-want-to-do-this, terrifying experience. No way.

Building the ultimate business plan for your barbershop is the key to creating the success you desire , but it can also be an enormously fun exercise to help you bring your dream to life.

Let’s face it, business plans are important. They help you articulate your business strategy, assist you in creating logistical timelines, and can outline your financial projections and market analysis.

The good news? We’re here to help.

No, we can’t go all-out write a generalized business plan template for you to follow—everyone’s barbershop is different, so your business plan needs to be unique! But we can help by providing some tried and true business plan writing techniques to kickstart your process.

Like we said, crafting your business plan doesn’t have to be a drag—with a few must-know tips, you can be well on your way to writing up the ultimate plan.

The Top Tips for Creating Your Barbershop Business Plan

A solid business plan should look like a step-by-step guide that will direct you through each and every stage of starting and managing your business. Your business plan can help you gain new investors, guide you through marketing plans, and even be a road map for your finances.

Do any of those things make you feel even more overwhelmed about writing your business plan? If it does, that’s OK—starting a business can be scary.

Here’s our first tip —knowing the importance of your plan can help you zero in and focus on crafting it, even if that makes you feel more pressure.

Don’t let the anxiety get you down—yes, this is an important piece of starting your business, but it’s nothing you can’t handle.

Before you start crafting your business plan, try reading through these tips to get a feel for what you should do to create a successful business plan for your barbershop.

Don’t Start Writing Until You’ve Researched Market (Thoroughly)

You’ve probably figured this part out on your own, but just in case you haven’t, we’ll repeat it—don’t create your business plan until you’ve researched your market or target audience.

Ultimately, successful businesses (barbershops included) are d esigned to reach and attract a specific market —the better they do that, the more successful they end up being.

It makes sense, right? Most businesses can’t survive on the concept of trying to attract any type of consumer who is willing to walk into the door—your brand probably can’t flourish that way.

Knowing your target market can help you identify your strengths, weaknesses, opportunities, and threats.

Further, it can help you start the process of cultivating your brand, identifying who your audience is, and understanding what they’re looking for—all of these are integral elements to your barbershop’s success.

Figure Out Your Competition

Know who you’re up against.

Understanding your market means recognizing your main competition, understanding them, and analyzing important factors about their business models. Ask and answer questions like, “ who are they, and what are their strengths?”  or  “what kind of weaknesses do these businesses have?”

This type of awareness is crucial when it comes to building your own business.

Why? Because by understanding what your competitors can and cannot offer, you can better understand how to fill the needs and the gaps in the market, ultimately resulting in attracting clients to your shop instead.

Don’t Let Details Scare You  

When writing down your business plan, it’s possible that one of two things often happen. First, you can be so broad and vague about your business plan that there are no helpful, actionable details in place to further your progress. Or, secondly, you can get too caught up in the nitty-gritty, minute details that you ultimately freak yourself out and get overwhelmed.

Our advice? Don’t let the details get you down.

Good business plans get to the point in a succinct way but they also ensure that your reader has plenty of details in order to understand your purpose, your goals, and your plans.

Yes, it’s important to be detailed and thorough, but remember—you have time and space to add in those details later on. You can sift through intricate details later  or  you can fill in the blanks.

Your first draft of your business plan is not your final draft—get the ideas out (details or not) and don’t be intimidated.

Create a Badass Barbershop Business Description

Take some serious time to think about this part of your business plan. It’s one of the very first steps you’ll take when you begin crafting your plan and it exists in this order for a reason.

The description of your barbershop is the cohesive piece of the puzzle you need to help blend everything together. When thinking about your description, consider logistical necessities like name, location, legal business description, owner names, contact information, etc.

But also, think about your mission statement. Your goals. Your hopes. Your dreams.

Take time to really pour your heart and your soul into this to create an intelligent, informative, but heartfelt description that aptly describes what your barbershop is, what it’s all about, and how you can appeal to your target market.

Develop Your Marketing Plan

You don’t need to have every last detail pinned down for this (because marketing is complicated and intricate), but it is important to identify what you’ll provide, how you’ll provide it, and present a few, actionable ways that you plan to attract your target market and retain your clients.

Do some research here. Consider your budget, your team, your expertise in this area, and potential risks. Think about digital marketing versus traditional marketing.

Will your marketing efforts be solely dedicated to digital avenues? Are you thinking of trying out a mix of old-and-new-school marketing? Will you be relying solely on word of mouth.

This is the time and the place to figure out what your main marketing plan is. Obviously, your marketing strategy isn’t static, so it could change over time. But this is a great first start.

Start the Really Hard Stuff—Let’s Talk Financials

If you’re not someone who loves going over financials, this part is probably going to be a headache to get through—but hey, it’s a crucial, and it’s gotta be done.

We highly recommend working with a financial or business advisor if you don’t feel confident in this type of work, but if that’s not in the budget, we suggest coming up with a plan that revolves around:

  • Personal financial statements (for each owner of the barbershop)
  • Balance sheets
  • Income statements
  • Cashflow statements
  • Tax statements
  • Bank statements

There’s Nothing Wrong with a Second (or Third) Opinion

Say it with us, people— there’s nothing wrong with asking for help.

If you’re not as business savvy as you wish you were (yet)  or  even if you are, asking for help and review from a business advisor, a mentor, or a friend is a must.

There’s no shame in wanting someone to review and critique something so important! It doesn’t mean that you’re not capable of handling a business yourself, quite the opposite—taking this step means you care so much for your business that you’re willing to do whatever it takes to ensure it’s going to be successful.

Remember, there’s no one, single way to create a busines plan. Sure, there are elements every plan should include, but ultimately, as long as your plan is setting you up for success, you’re doing it right. If you’ve got tips for setting up a successful business plan, share it here with your fellow barbers.

We’re all about learning and growing together—that’s what makes the barbering community so special.

Drop your tips, comments, and questions below in our comment section and share your knowledge with the whole crew.

We hope this blog helped kickstart some business plan motivation. If it did, well, then we did our job right (as usual, right?). If you barbering pros out there loved the info we shared today, we’ve got good news— our NAOB blog is regularly updated with content just like this.  

All of it is wholly designed to help you succeed, keep you in the know, and provide you with info that can help you further your career in a pinch. Subscribe to our blog today to stay updated!

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How to Create the Perfect Barbershop Business Plan [Free Template Inside!]

A barber cutting a customer's hair

You have the skills. You got the passion. You’ve acquired the know-how. Starting a barbershop is a good option too, because in 2021 alone, there was a 1.3% rise seen in the grooming industry. Just look at this stat- an estimated $4.9 billion is generated, every year in the hair and salon industry. So what’s missing? Well, the thing you’re missing is a barbershop business plan.

Having a clear action plan and understanding of your business and what will impact it is extremely important. 

Even if you are a veteran in the industry, knowing how your business is performing and keeping a hardcopy of your goals and forecasts is always a good idea. Especially if you want to secure funding .

Yes, we understand. Crafting a business plan that caters specifically to your barbershop can be tough. And while we cannot help with personalization, we can definitely help with providing some tips and techniques which will help you to write the perfect business plan for your barbershop.

Here’s a comprehensive guide on how to create a business plan for your barbershop business, completely from scratch. Here’s a list of what we will be discussing, you can jump to any section directly by clicking on the links. We even have a handy template for you at the end!

What is a business plan and why do you need it?

  • When do you need a business plan?

How to create a barbershop business plan from scratch?

Bonus: business plan vs budget.

  • 4 common mistakes to avoid when creating your business plan for a barber shop

Parting thoughts

One thing that should be clear is that there is no set definition of a business plan. Generally, a business plan is a document that defines your goals and what your plan of action is to achieve them.  

Your milestones and plans need to be documented so there is a hard copy of all the details and goals. This makes it easier to keep track of things. It is a good tool to organize your thoughts, and assist you in creating timeline graphs with solid projections to reach your targets. 

Now that we know what a business plan is and why we need it, let’s cover a few scenarios that outline when you need a business plan. 

4 situations where you might need a barbershop business plan

I. when you are just starting:.

When you are starting out, a business plan can serve as a solid plan of action and can significantly clarify your next steps.

Having the experience of creating business plans and inputting correct numbers and stats is always valuable and will help you when you need to make a barber business plan to secure financing.

II. When you are bringing in partners:

Asking someone to be a partner in your business venture is a huge commitment and it needs a thorough evaluation. What better way to convey your vision than to use a business plan and show every relevant detail?

businessmen shaking hands

III. When you are embarking on joint ventures:

An agreement between two companies where they share their work and profit, for similar or even the same goals is a joint venture. A business plan here would be a handy tool to relay the vision of your business and all the required information, like projected profit and loss, tactics and every other relevant detail.

IV. When you need to secure funding:

A well-written business plan for a barber shop will summarize your business’ history and background, which you can then use to successfully communicate to banks and investors and secure financing.

Lenders will want to know the actual potential of your business , and so every detail in your business plan is important to showcase that very potential. 

There are multiple approaches to making a business plan. There are online functionalities , like SCORE or hiring someone from Fiverr or Upwork where they might charge anywhere from $20 to $500 depending on the contents and your needs for the business plan. 

You can even consult a professional business plan consultant who will charge between $5000 to $20,000. Some might even charge up to $50,000.

But the most cost-effective way of creating a business plan is to create your own, from scratch . This way you can follow the guideline that we have provided and personalize it to fit your business needs and branding. After all, no one will know your business, better than you do. 

Keeping that in mind, the following are the components of a business plan:

I. Executive summary

An executive summary is an overview of a document. The length and scope differ depending on the document. In general, an executive summary is anywhere from one to two pages long. 

Usually the executive summary is written last, since it is much easier to write it when all the ideas of barbershop business plans are in place. 

II. Business description

This is where you combine the key details of your business , what you do, your USP. It briefly includes: crafting a problem statement, identifying the target market, explaining the concept and strategy.

It is always a good idea to follow the 5 W’s. The Who, What, Where, When and, Why .

  • Who : Who are you? Who is your target customer? Describe who you are, your name, business name, and target market.
  • What : What is your service, describe what you do. Investors will want to know what you do. Use specifics and be clear.
  • Where : Where is your business located? Mention shop setup parameters, and the exact location of either where your business is, or where your business will be located.
  • When : What are your projections? Mention the timeline, note your short-term and long-term milestones. Aiming to expand your business and set up barbershop chains in the next 5 years? Note that down!
  • Why : Why would your customers want to come to your barbershop? What is your USP, why are you any different from your competitors in your area? Also, note your mission statement to mention why you’re in your business.

III. Industry overview

This is basically an overview of your business’ industry. What is the size of your industry, what sectors does it include? 

  • Give an overview of the industry. Keep it brief and concise.
  • Find the trend and patterns and the factors that affect the industry as a whole. (eg: COVID19 drastically reduced footfall in all barbershops).
  • Describe your company’s position in the industry. Mention opportunities that your business can take advantage of to have a solid footing within the same. 

IV. Market and competitor research

Market research is having an understanding of your buyer persona, your niche market, and what affects your persona’s decisions. The way you can go about doing market research is:

  • Conduct face-to-face discussions.
  • Create your buyer persona. 
  • List out your primary competitors. 
  • Check the pricing of your competitors. 

Competitor analysis helps you identify your own value proposition and what makes your service different from other barbershops in the area. It tells you why your competitors are succeeding and also why they are failing.

  • Start by making a note of their sales and marketing channels and tactics. 
  • Look at their pricing strategy.
  • Analyze which strategy works best for them. 
  • Perform SWOT analysis.

V. Sales and marketing channels

It is crucial for your customers to know that your services exist, which is why you need a marketing plan. While it might seem obvious, a lot of businesses, especially, high-touch services like salons, spas and barbershops, underestimate the importance of marketing. 

Marketing is not just pamphlets or advertising on the local billboard. It’s a promotional activity that requires public relations. Things have gone online, especially since Covid19 became a thing, and while services might be back offline, you have to adapt your marketing channels to online marketing.

  • Will your advertising be online, through Google my business, or local online directories like Grand Local , or Beauty Seeker ?
  • A good way to advertise is via a website or booking portal?
  • You can leverage reviews left for you to attract more business?
  • You might even want to start video marketing, a simple shot of you or your barbers cutting hair, maybe some sort of a tutorial, or also do product reviews.

Here is a more in-depth guide on marketing your barbershop , for you to never fail in marketing again.

Just hearing the word “budget” might make you feel anxious, but don’t worry. We’re here to help. This section will help you evaluate where our finances currently stand and what you need to do to hit your goals.

Basically, the process is for you to list your monthly fixed and variable costs, and then make decisions regarding the usage of your funds .

Making sure your market research is done well, is your first step. This is because a budget is decided by your business’ return, and you need to know your buyer persona well.

Bench quotes that “Budgeting + Book-keeping = a match made in heaven” . When your business is new, your budget is entirely fiction. The longer your business has been operating, the more solid groundwork you will have to make that fictional budget a functional budget. 

To do that, you have to make sure that you are recording all your financial data through thorough bookkeeping. Here is a handy template that you can use to record all of your existing finances . 

VII. Financial projection

This section provides a snapshot of your company’s future financial position. If you’re an established business, you should include historical data too. Banks and lenders like to see at least three years of your barber shop financial plan in the barbershop business model.

Ipad with barbershop business projections

Regardless if how long your business has been in existence, this section should include:

Sales forecast: 

You can have short-term sales forecasts and long-term sales forecasts depending how long your business has been around.

If you are a new business, and you do not have enough historical results, it might make forecasting challenging. But having a good understanding of your marketing will make this job significantly simpler.

Note how many appointments you had in a month and the prices of each type of haircut and service that you provided.

Cash-flow statement:

It will outline how much revenue is coming in – which basically is going to be how much you charge for your services and how much is going out, monthly, and project the expected inflow and outflow based on that.

This is the inflow and outflow of revenue, how much you charge for your services, and how much is going out (in renting your shop and buying resources), monthly.

You can estimate approximately what your cash-flow statement will look like using your sales forecast and budget forecast – basically your barber shop business model.

Break-even projection:

It is every business’s dream to achieve the break-even point. Break-even is when you are neither losing money nor gaining profits. This means, your profits and expenses are exactly balanced and you have broken even!

If you have done your sales and cash flow prediction accurately, then it should be feasible to find the break-even point.

The information that you will need at hand is your costs and expenses. All the variable and fixed costs, employee salaries. Make a spreadsheet. This spreadsheet, ideally, should be turned into a graph to plot break even.

Calculating break-even can seem tough for a service business like yours. To say it simply, break-even is:

Fixed Cost per unit / (Sales per unit – Variable Cost per unit)

Here, units can be products you’re selling, like shampoo, hair talc, gel etc or types of services. 

Balance sheet projection:

What is a balance sheet? A balance sheet determines where you stand financially in your barbershop business by keeping track of all records and elements of your business. A balance sheet should ideally have:

  • Assets: An asset is anything tangible owned by your business. It can usually be liquidated and be turned into cash. Your assets can be separated into current and noncurrent assets. Current assets are what you can expect to convert into cash within a certain period of time (eg: a year). Noncurrent assets are long-term investments that you do not expect to convert into cash in the near future.
  • Liabilities: This would be anything that your business owes to a debtor. It may include utilities, rent, taxes, etc. Just like your assets, your liabilities should also be separated into current and non-current liabilities.
  • Equity: This is the difference between your assets and liabilities, what remains when the business sells all its assets and pays off all its debts.

VIII. Management team

There are two reasons this section is required:

  • One is for the lenders. In service businesses like yours, lenders feel the quality and experience of the management team is important.  
  • Another reason is for you, as a business owner, to know your team’s skills and decide what resources might be needed. Include details of what your team is offering in terms of intended results.

IX. Appendix

This section is usually the last thing to appear in barbering business plans. Although not absolutely necessary, a well-structured appendix can really persuade the reader that your plan is well thought out.

Generally, an appendix will include: 

  • Charts, graphs, or tables that supplement information from other sections.
  • Any agreements, contracts, and supporting documents.
  • Marketing materials.
  • Resumes for each of your staff members. 
  • Barbershop tools.
  • Credit history.
  • Building permit and equipment lease documentation

tools at a barbershop

A common mistake people make is that a detailed budget is the same as a business plan. While it is true that a well-defined budget is very important, a good business plan is more than just the inflow and outflow of expenses.

the role of a business plan is basically to explain what one hopes to accomplish with their barbershop and how they will accomplish it. It is also an important documentation for financial institutions or investors to see whether their shop is worth investing in.

Role of a budget is to be those primarily internal documents that one will use to track income and expenses and determine where all the spending is taking place. Needing tools or giving someone a raise, all comes under budget.

4 common mistakes to avoid when creating your barbershop business plan

There is nothing wrong with making mistakes. After all, it is human nature. That being said, we can always work harder to minimize those mistakes. Here are 4 mistakes you should avoid making to make your business plan foolproof:

I. Using a static plan

Always keep in mind that things change overnight in businesses. All assumptions you made, might become moot when one aspect of your business changes. 

Your business plan is where you keep a note of everything that is happening, and how those things might change your projections. Your planning is an ongoing process , which should change when the situation of your industry, your market, your competitors, and your own business changes.

Keep your business plan fresh. Keep reviewing and revising it.

II. Unrealistic projections

Every detail and statistic should be based on realistic data. Hockey stick forecasts are unrealistic. You cannot be too optimistic with no real historical data where you have seen unusual profitability in your business.

Projections have to be built from ground-up data. Lenders will understand if your forecasts are not right by looking at industry averages . If your business plan projects a margin much higher than established businesses in the industry, then that demonstrates a lack of understanding.

III. Ignoring idea validation

Making sure your plan is proofread multiple times is imperative . Include your team in the process. Don’t be scared of a 2nd opinion. 

In fact, if you think you’re not business savvy enough to navigate through your business plan and figure out the mistakes, then you can get help from a business advisor. 

IV. Vague goals 

Having vague goals like “being successful” is meaningless. Wanting to be successful is not a problem, but that is an unclear goal. Success is subjective.  

The objective of the business plan is to get solid results, and just like unrealistic projections, setting vague goals will not help you get your desired results. You need goals that can be tracked.

Unclear milestones will not only be meaningless to you, but also to the investors, no matter how excellently you present it in your business plan.

men's salon

Always remember, there is no right way to create a business plan. While there are components and elements that are necessary, it is not a hard and fast rule. 

Having a barbershop business plan is not about being a 100-page long essay, but about setting realistic milestones that you can track, and make changes while constantly reviewing your progress. 

To make it simpler for you, we made a template curated for you!

barber shop barber business plan

Download the FREE barbershop business plan template!

Save it or print it out and use it to create a robust business plan!

Yay! You are one step ahead in a successful barbershop business!

All of this might seem overwhelming. After all, how do you track all employee’s schedules and track their progress accurately? Well, for this very reason, Appointy has a barbershop software that helps you track real-time reports of your business, take care of your appointment scheduling needs, and manage your admin work!

Happy planning 🙂

About Appointy We at Appointy, help business owners grow and run their businesses with our online scheduling software. This blog was a part of our ‘Manage your Business’ category, where we provide expert tips, and resources, or simply talk about the challenges that small and medium businesses face every day.  If you have any thoughts on this blog or would like to chat about your business struggles and achievements, let us know in the comments below.  We love a good talk!

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Barber Shop Business Plan Template

If you want to start a barber shop business or expand your current one, you need a business plan.

Over the past 20+ years, we have helped over 7,000 entrepreneurs and business owners create business plans to start and grow their barber shops.

Below are links to each section of your barbershop business plan template:

Next Section: Executive Summary >

Barber Shop Business Plan FAQs

  • What Is the Easiest Way to Complete My Barber Shop Business Plan?
  • Growthink’s Ultimate Business Plan Template allows you to quickly and easily complete your Barber Shop Business Plan.
  • What Is a Barbershop Business Plan?
  • A solid business plan provides a snapshot of your barber shop as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes a marketing plan and market research to support your plans. Your plan should also include a full financial model including income statement, cash flow statement and balance sheets.
  • Why Do You Need a Business Plan?
  • If you’re looking to start a barber shop or grow your existing barber shop you need a business plan. A successful business plan will help you raise funding, if needed, and plan out the growth of your barber shop in order to improve your chances of success. Your own barber shop business plan is a living document that should be updated annually as your company grows and changes.
  • What Are the Sources of Funding for a Barber Shop?

The second most common form of funding for a barber shop is personal savings. Other funding options are credit cards, crowdfunding and angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan.

Start Your Barber Shop Plan Here

BARBER SHOP BUSINESS PLAN OUTLINE

  • Barber Shop Business Plan Home
  • 1. Executive Summary
  • 2. Company Overview
  • 3. Industry Analysis
  • 4. Customer Analysis
  • 5. Competitive Analysis
  • 6. Marketing Plan
  • 7. Operations Plan
  • 8. Management Team
  • 9. Financial Plan
  • 10. Appendix
  • Barber Shop Business Plan Summary

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How to Start a Barbershop Business in (2024): Step-by-Step Guide

Matthew Khalili

  • January 3, 2024

18 Min Read

start a barber shop

  • Startup costs:  $75,000-150,000
  • Industry trend:  Growing
  • Difficulty: — Moderate to High
  • Profitability: $20k-$100k
  • Time to build: 9 to 18 months
  • Commitment: Full-time

Remember those old barbershops with the red, white, and blue poles outside? Some are still places where people chat and laugh. Others have evolved into these fancy retreats where a simple haircut feels like a day at the spa.

Think about this: if you’re good at cutting hair, why not start a barber shop? One that’s a reflection of who you are and what you love.

Since 2013, the grooming industry has been steadily improving . This means a well-run barbershop can be a profitable venture.

But starting a business is hard. It’s like learning some dance moves. If you’re wondering how to start a barbershop. Dive in, and we’ll guide you through the steps.

How much money do you need to start a Barbershop?

According to the US Small Business Administration (SBA), the startup costs for barbershops typically sit between $50,100- $148,400. This includes barber school fees. So, if you’re already trained at a barber school, it’ll cost less.

Now, what do you need to open your shop? Here’s a simple list:

  • Chairs for cutting hair and some extra for those waiting.
  • Essential tools like scissors, hair clippers, and other stuff.
  • A cash machine and stuff to keep the place clean.

To learn more about how much it costs to start, check out the startup costs for launching a barbershop .

Before diving in, you must draft your barbershop business plan that outlines all these costs.

What is the Average Barbershop Profit Margin?

The earnings of a barbershop business can vary based on several factors. Most barbershop owners rent out chair space to independent contractors, who then pay a percentage of their haircut earnings for the space.

As per IBIS World , a barbershop typically makes a profit of 10-20% of its total sales. On average, as of 2022, a barber shop owner in the United States earns about $53,654 annually. However, earnings can differ state by state, influenced by population and local business dynamics.

Pros and Cons of Starting a Barber Shop Business

Starting a barber shop business offers flexibility and networking opportunities, but it also comes with challenges.

  • Building Business Connections:  You will connect with many people with diverse backgrounds.
  • High Customer Retention:  Most people prefer to frequent a single hair salon. A satisfied customer might also become a source of word-of-mouth marketing.
  • Steady Income:  Once your business is firmly established, you can expect a consistent stream of earnings.
  • Competitive Landscape:  You might come across many barbershops in your area, leading to competition.
  • Initial Investment: Building a customer base demands marketing expenditures.
  • Persistence: Establishing a solid reputation requires an investment of time and patience.

Having weighed the pros and cons, let’s now dive into our comprehensive, step-by-step guide on how to establish and run a successful barbershop.

Step-by-step Guide to Start a Barbershop

Table of contents.

  • Understanding the Barbershop Industry and Market
  • Brainstorm a Barber Shop Name
  • Find the Right Location for Your Barber Shop
  • Write a Barbershop Business Plan
  • Create a Service Menu
  • Register Your Barber Shop
  • Apply for Barbershop Business Licenses and Permits
  • Get a Business Insurance
  • Apply for a Business Bank Account & Credit Cards
  • Fund Your Business
  • Build a Team
  • Prepare to Launch Your Business

1. Understanding the Barbershop Industry and Market

It’s essential to do market research to determine who your customers will be—whether it’s men, women, kids, families, or anyone with hair.

With that being said, here are some significant trends and statistics that you should know about:

Barbershop Industry Size: The US barbershop market will be worth $4.9 billion by the end of 2023.

Growth History: The industry’s annual revenue has grown by 1.5% since 2017.

Future Growth: The barbershop business and beauty salons are predicted to grow. According to IBISWorld, there’s an expected 19% annual growth in job openings for barbers and related professions through 2030.

Business Numbers: The US has over 107,000 barber shops.

Employment: Barber shops employ around 135,000 people in the US.

Technology and Innovations in Barbering:

  • The barbering world has evolved, adopting modern tools like electric clippers, razors, and specialized software for efficient client management.
  • Augmented reality tools allow previews of haircuts, reducing dissatisfaction rates and boosting trust.

Challenges in the barbershop business:

  • Finding skilled and professional barbers.
  • Managing risks like accidents and misunderstandings with customers.

Who works in barber shops?

Gender: Most barbershop managers (75%) are male, with 25% female.

Education: About 35% of these managers have a high school diploma.

Age: On average, a barber shop manager is 41 years old.

2. Brainstorm a Barber Shop Name

If you’re starting a barbershop, one of your first tasks will be to come up with a business name for it. This can be a challenging process, but here are a few tips to make it easier:

  • Choose a business name that clients can remember, pronounce, and recommend easily.
  • Ensure the name aligns with the products and services you offer.
  • Consider asking friends, family, colleagues, or social media for their recommendations if you’re having trouble deciding.
  • If you’re planning to have a website, include relevant keywords like “barber” or “hair” to improve search engine optimization (SEO).
  • Use online tools to get suggestions for business names. Simply enter keywords and get instant ideas.

Once you’ve settled on a name, check its availability on the US Patent and Trademark Office website. Additionally, see if the related domain is available, preferably with “.com” or “.org” as they are more credible.

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3. Find the Right Location for Your Barber Shop

Making the right decision about your barbershop’s location is essential. The location can significantly impact the flow of customers and the returns on your investment.

When looking for a location to start a barbershop, choosing a place in a densely populated area with a high demand for men’s haircuts and grooming services is important. This could be near residential places or commercial complexes. You can use online platforms such as Craigslist, Crexi, and Instant Offices to search for available commercial spaces for rent in your area.

Be sure to pick a spot with excellent visibility to draw walk-in customers. Additionally, consider the presence of complementary businesses like beauty salons or men’s clothing stores. They can boost the number of people passing by your barbershop.

Lastly, Think about your crew. A place that’s easy to get to has local amenities and ample parking. It’s not just a win for customers; your team will thank you, too.

Here is the list of the best states for opening a barbershop:

Source: Zippia

4. Write a Barbershop Business Plan

Alright, here’s the deal: skills and experience? Check. But what’s the game plan? Crafting a rock-solid barbershop business plan is like cooking a master recipe – every ingredient matters.

Here’s what your barbershop business plan should include:

  • Executive Summary: A short note about what’s in the plan. It’s better to write this last.
  • Company Overview: Talk about what your shop is about, what you want to do, who owns it, and your main goals.
  • Product and Services: List the services your shop will have.
  • Market Analysis: Look at what customers want, popular trends, and areas you can grow in. Also, see where you stand compared to others.
  • Competitive Analysis: Look at other barber shops. Note what they do well and not so well, and think about how your shop is different.
  • Sales and Marketing: Think about what makes your shop special. Plan how you’ll tell people about it and get them to come.
  • Management Team: List the main people running the shop, what they do, and their background.
  • Operations Plan: Talk about where you’ll get your stuff, where the shop will be, the tools you’ll need, and how things will run day-to-day.
  • Financial Plan: Plan your money for the next three years. Think about costs to start, when you’ll start making a profit, expected money coming in and going out, and overall financial health.
  • Appendix: Add any other important papers or information about money or the business.

Crafting these sections with accuracy isn’t a simple task. It takes a lot of time, a keen eye for details, and ongoing hard work.

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5. Create a Service Menu

Alright, diving deep into setting up your barbershop, one of the important aspects to nail down is your service menu. This isn’t just a list—it’s the heart and soul of what you’re offering. Here’s what you should have on your radar:

Define Your Services:

  • What’s going to be your barbershop’s signature offering? It could be the classic flat-razor shave or a trendy curly hairstyle. Understand your niche and your target market.

Pricing It Right:

  • Understand the actual costs: Think materials, labor, and overheads.
  • Experience Matters: Consider tiered pricing. Is the client getting styled by a seasoned barber or a newbie?
  • Profit Margin: Know your breakeven point, and don’t forget to mark up. Value your craft.

Know Your Customer:

  • Who’s your target audience? While “everyone” sounds excellent, it’s about understanding who sees value in what you’re charging.
  • Pro Tip: Not everyone is hunting for a bargain. For some, a premium price signifies unmatched quality.

Stay Updated on Market Rates:

  • What’s the going rate for the hair services you’re offering?
  • Trends Alert: If mullets become the next big thing (thank Zac Efron for that), know that styles in vogue might fetch you a bit more.

Peek at Competitors:

  • A glance at other barbershop or salon menus can spark ideas.
  • Gap Spotting: Identify services missing from their offerings. That could be your golden ticket for a niche target market.

Craft Your Menu with Care:

  • Language matters. Ditch the jargon. Opt for terms like “buzz cut” or “straight razor shave.”
  • Perception Game: Is it a “price list” for you or a more upscale-sounding “service guide”?

6. Register Your Barber Shop

First and foremost, deciding on your business entity structure is crucial. If this is your maiden venture into the barber shop business, you have several entity options to consider:

Select the business structure first

First and foremost, deciding on the structure of your business is crucial. If this is your maiden venture into the barber shop business, you have a few options:

  • Sole proprietorship
  • General partnership
  • Limited liability company
  • Limited partnership
  • Corporation

Many experts, including those from reputable sources like Forbes, often recommend selecting a business entity such as a Limited Liability Company (LLC) structure. It shields your personal assets from potential business debts and offers tax benefits.

Find a Registered Agent

With your business entity decided upon, especially if you’re leaning towards an LLC or Corporation, you’ll need to appoint a Registered Agent.

They are responsible for receiving and responding to official communications and legal documents on behalf of your barber shop.

An individual or an agency must be based in the same state as your business.

Register with the state and local laws & obtain business EIN

Next up is registering your barber shop with the state. Procedures vary depending on your state’s requirements, so it’s good to be thorough. Typically, you’ll liaise with your state’s Secretary’s office.

During this phase, you must also get an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). Think of this number as a unique identity for your business. This number is significant for tax-related matters and opening a business bank account.

Apply for tax registration

Lastly, let’s not forget about taxes. Make sure you’re registered appropriately for both state and federal taxes. This includes the usual suspects: sales tax, income tax, and employment taxes if you’re bringing some skilled barbers on board.

It might sound a tad complex, but having a registered agent by your side can make it flow much smoother, helping you navigate local laws and regulations.

7. Apply for Barbershop Business Licenses and Permits

If you’re taking steps on how to start a barbershop, you’ll soon realize that paperwork is an essential part of the journey. So, let’s get down to business!

First, it’s crucial to know that every barber shop business, or most small businesses, needs licenses or permits to kick off. The specifics might vary based on where you set up shop and local regulations.

At the state level, barber shops are usually under the microscope. But diving a bit deeper, here’s what you might need:

  • Business Operation License: This is the green light from either your city or county. It permits you to run your barber shop in that specific area.
  • Zoning and Land Use Permits: Before you fall in love with a location, make sure the local zoning laws give you a thumbs up. Some places have rules about where certain businesses can operate.
  • Building Permit: Thinking of giving your space a makeover or starting from scratch? This permit ensures that any construction or remodeling you do is on the up and up.
  • Sales Tax License: Regardless of its name, which varies by state, if you’re selling products or services, you’ll likely need this.
  • Certificate of Occupancy: This isn’t just a piece of paper. It confirms that your barber shop meets building codes and is safe for business.
  • Barber Shop or Salon License: Everyone needs to be licensed, whether you own the shop or hire employees. Plus, licenses often hinge on your shop’s location, and there’s usually a manager named as the point of contact. If hiring, ensure you’re bringing a licensed barber to maintain compliance. Don’t forget to keep up with your state’s safety requirements, too.
  • Inspections: Depending on where you set up shop, your business might need to go through inspections from the building and health departments. Thanks to state and local laws, it’s just part of the deal.

Finally, a word of advice. Go through your state and local websites meticulously. They’ll guide you on the exact licenses and permits for your area. And, since paperwork is a recurring part of the barbershop business, keep track of renewal dates to ensure smooth sailing. Remember, staying compliant is a big part of running a successful business.

8. Get a Business Insurance

Starting a barbershop isn’t just about sharp scissors and comfy chairs. To ensure your barbershop thrives, you need to think about the unforeseen. This is where business insurance comes into play.

While diving into how to start a barbershop, you’ll discover that insurance is your safety net. It’s there to catch you when unexpected hiccups threaten your dream. Now, there’s a variety of insurance types to consider:

  • General Liability Insurance: This is like the Swiss Army knife of insurance. It’s comprehensive, covering many aspects of your business, from injuries in your shop to property damage. If you choose one insurance, let this be the one.
  • Business Property Insurance: It’s there to look after your gear and tools. After all, without them, there’s no barbershop!
  • Equipment Breakdown Insurance: This insurance covers repair or replacement costs if machinery malfunctions.
  • Worker’s Compensation: This one’s for your team. If someone gets hurt while working, it ensures they’re taken care of.
  • Property Insurance: This secures your physical space, be it a cozy corner shop or a more substantial establishment.
  • Business Owner’s Policy (BOP): This is a combo meal. It bundles several insurance types, offering a comprehensive cover.

9. Apply for a Business Bank Account & Credit Cards

Apply for a business bank account to keep your barber business finances clear and separate from personal assets. It’s like keeping your hair-cutting scissors separate from the ones you’d use for crafts. It ensures clarity and safety!

Here’s the simple breakdown:

Open Business Bank Account:

  • Keeps personal and barber shop business expenses apart.
  • Protect your savings like a pro.
  • Makes handling money and paying business taxes smoother.
  • Personal assets protection

Get a Business Credit Card:

A business credit card linked to your business accounts is not just about separating expenses. Business credit cards can also open doors to helpful funds like small business loans down the road.

10. Fund Your Business

Starting a barber shop requires an investment. It’s not just about getting a space and setting up chairs. You have to think about the tools, like clippers and scissors, and there are fees for licenses, insurance, and registrations. So, how can you get the funds to kick off your barber shop business?

Here’s the scoop:

  • Debt Financing: This is basically borrowing money you’ll pay back with some interest. Many places offer this, from banks to government programs. Just make sure you know the terms.
  • Equity Financing: Instead of a loan, you give a part of your barbershop ownership to someone, and they give you money. It’s a trade-off but can be beneficial if you find the right partner.
  • Grants: Some organizations, like government bodies or charities, might offer grants. This money doesn’t need to be paid back, but getting a grant isn’t easy. You’ll need to do your research and put in a strong application.
  • Friends and Family: Your loved ones might believe in your vision and want to help. Just be sure to get everything in writing so everyone’s on the same page. And get some legal advice, too, just to be safe.
  • Crowdfunding: Websites like Kickstarter let people pitch in to make your dream a reality. There’s also Fundable and WeFunder, where investors can support your barber shop idea.

11. Build a Team

Starting a successful barbershop business requires more than just a great location and equipment; it’s also about the people. Your team will be essential in how customers view your barber shop. So, who should be part of your team? Here are the roles that you should include:

  • Barbers – They cut hair and do other things.
  • Receptionists – They set up appointments and talk to customers.
  • Marketing Person – They help people find your shop online.

You might hire all of these people, or just some, depending on how big your shop is and what you need. Sometimes, you might have one person doing many jobs or many people doing one job.

To find workers without spending money, you can put job ads on places like LinkedIn, Facebook, or Jobs.com. If you want to spend a little, you can use websites like Indeed, Glassdoor, or ZipRecruiter. If you have some extra money, you can also get a special company (recruitment agency) to find workers for you.

12. Prepare to Launch Your Business

Before you launch your barbershop for customers, here are some things that you need to take care of:

Essential Barber Equipment:

Before opening the doors to your barber shop, ensure you have the right tools in place:

  • Clippers and their accessories.
  • Hair shears and trimmers.
  • Shavers and a razor holder.
  • Neck strips and their dispensers.

Going Digital with a Business Website:

In today’s digital age, having a business website is crucial for any barbershop business. It’s not just about online visibility; it’s about building a brand and reaching a wider audience.

Here’s what your website should have:

  • Showcase essential details: location, contact information, and how customers can book appointments.
  • Include high-quality pictures of your shop and team, complemented by clear descriptions of your services and pricing.
  • Ensure your site is mobile-friendly, offering a seamless browsing experience for visitors.

Tools for Smooth Operations:

Running a barber business can be complex, with numerous roles to juggle. Thankfully, the digital world offers tools to make tasks easier:

Consider using management software. These tools can assist with appointment scheduling, customer data handling, and invoicing.

Amplifying Your Presence with Marketing Strategies:

A good marketing strategy is vital for both new and established businesses. It can expand your reach through digital platforms and bring in more customers.

Here’s how you can do this:

  • Link your website to your social media platforms, ensuring consistent branding and messaging.
  • Utilize platforms like Facebook for targeted ads, reaching out to specific groups, for instance, men under 50 in specific areas.
  • Embrace Instagram’s visual appeal for showcasing your services and engaging with a different target audience.
  • Optimize your website for search engines. A practical SEO approach can elevate your site’s ranking, making it more visible to potential clients.
  • Encourage and respond to reviews on platforms like Yelp and Google My Business, essential for businesses like barber shops that thrive on local clientele.

With a good business plan, you have a better shot at getting the money you need to start your shop.

Related Barber Shop Resources

  • Babershop Business Plan Template
  • How Much Does it Cost to Start a Barber Shop

Now that you know the ins and outs of opening a barbershop, you can transform your shop into a bustling hotspot for fresh cuts and shaves.

Ready to take the leap? Use our barbershop business plan template to ensure you’ve thought of everything and get your barbershop ready for customers.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks, AI-assistance, and automatic financials make it easy.

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Frequently Asked Questions

What license do i need to open a barber shop.

Different states have unique rules when opening a barber shop. Additionally, you might have local regulations to follow. Generally, to launch your own barber shop, you’ll likely need:

  • Business Operation License
  • Zoning and Land Use Permits
  • Building Permit
  • Sales Tax License
  • Certificate of Occupancy
  • Barber Shop or Salon License

What are the legal requirements for starting a barbershop?

Starting a barbershop means meeting specific legal requirements. These can vary depending on your location but generally include the following:

  • Acquiring necessary licenses.
  • Registering your barber shop.
  • Getting the proper permits.
  • Securing barber shop insurance.
  • Finalizing a Lease Agreement.

Is owning a barber shop profitable?

Running a successful barbershop can yield substantial profits, potentially up to $300,000 annually. However, reaching this mark requires dedication, investment, and a unique vision.

Do I need a business plan to start a barbershop?

Absolutely. A comprehensive business plan is fundamental when starting or expanding a barbershop. It offers a clear direction for your business journey and can be invaluable when seeking financial support

What factors should I consider when choosing a location for my barbershop?

Picking the right spot for your barbershop is crucial. Here’s a quick guide to help:

  • Buzzing Areas: High foot traffic areas can bring in clients, but consider the rent.
  • Strategic Neighbors: Proximity to offices or schools can provide a consistent clientele.
  • Budding Hubs: Emerging neighborhoods might offer affordable rent and a growing customer base.
  • Team Comfort: Accessibility and amenities matter for your staff, too.

About the Author

barber shop barber business plan

Matthew Khalili is an experienced business planning expert and the founder of The Plan Writers. With over a decade of experience in the field, he has helped numerous entrepreneurs in creating investor-ready pitch decks and business plans. Matt has enabled 5000+ startups to raise over $1 billion through his business plan, market research, and financial modeling services. Read more

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Barbershop Business Plan 101: A Comprehensive Guide for Success

Jovana Smoljanovic Tucakov

  • April 7, 2023
  • For Salon Owners

barber giving a haircut illustration

Are you thinking of opening a barbershop and need help creating an effective, sure-fire business plan?

With the right guidance and resources, you can create a comprehensive and successful plan to help increase your chances of success and achieve your goals.

While there are many general templates and guides available, a successful business plan must take into account the unique aspects of your barbershop, including your location, target market, competition, pricing strategy, and services offered. Additionally, it’s important to consider factors such as the local economy, industry trends, and regulatory requirements.

So, let’s dive right in!

What Is a Barbershop Business Plan?

Why is a sound business plan essential when starting a barbershop, what every barbershop business plan should include, pro tip: how to make your barbershop business plan a successful one.

barbershop illustration

Image by macrovector on Freepik

A barbershop business plan is a written document that outlines the key aspects of a barbershop business, such as its goals, strategies, target market, competition, financial projections, and operational requirements.

A well-crafted business plan is essential for any entrepreneur who is starting or expanding a barbershop , as it provides a roadmap for success and helps secure financing from investors or lenders. 

Typically, every business plan for a barber shop includes sections on market analysis, marketing and sales strategies, management structure, financial projections, and risk management. 

By creating a comprehensive business plan, you as a barbershop owner can better understand the challenges and opportunities facing your business, and develop strategies to overcome obstacles and achieve your goals.

Having a sound business plan when starting a barbershop is beneficial for several reasons:

Provides a roadmap for success: A well-crafted business plan outlines the key aspects of your business, allowing you to stay focused and motivated, and to make informed decisions about how to grow and manage your business.

Helps secure financing: Lenders and investors will want to see a business plan before providing funding. A comprehensive business plan demonstrates you have carefully considered the risks and opportunities of the business and know how to make the business profitable.

Identifies potential challenges: A business plan can help identify potential difficulties and obstacles that your barbershop may face. By anticipating these issues, you can develop strategies to mitigate risk and respond to challenges as they arise.

Guides decision-making: A business plan provides a framework for decision-making, ensuring that you make informed decisions that are consistent with the overall strategy and goals of the business.

Overall, a carefully thought-out business plan is crucial when starting a barbershop because it helps your stay focused , secure funding , anticipate challenges , and make informed decisions that will help the business to grow and succeed .

The process of creating a business plan for a barbershop can seem daunting at first, but it’s important to remember that every plan is unique to the specific business it represents. 

While there may be some common elements to all successful plans, there is no one-size-fits-all approach. Therefore, it’s normal to feel overwhelmed when initially attempting to craft the perfect plan.

However, there are certain key points that each barbershop business plan should cover:

Executive summary

Company description, market analysis, competitor analysis, products and services, financial projections, marketing plan, management and organization, operations plan, risk management, additional information.

An executive summary of a business plan for a barber shop should provide a brief overview of the key elements of the plan . 

When writing the executive summary, focus on providing an outline of the business concept, its unique value proposition, target market, competitive advantage, and financial projections. Moreover, highlight the key strategies for marketing, operations, and management. 

With the executive summary, you get a clear and concise outline of your business plan that highlights the most important aspects of the plan and generates interest in potential investors, lenders, and partners.

The company description gives a detailed overview of your business . 

Include information such as the legal structure of the business, the location of the barbershop, the products and services offered, and the mission and vision statements. 

Additionally, this section should provide information on the barbershop’s history, such as how and when it was founded, and any major milestones achieved so far. The company description should also highlight the target market and any unique selling points or competitive advantages the barbershop has. 

You should aim to provide a comprehensive picture of the barbershop and its place in the market.

The goal of market analysis is to provide an in-depth understanding of the industry and target market . 

Start the analysis with an overview of the industry , market size, growth trends, and key players. 

Also, provide a detailed analysis of the local market , including demographics, buying behavior, and trends. This analysis should identify the specific customer segments that your barbershop will target, such as young professionals, families, or seniors.

The market analysis will help you gain an insight into market trends, such as changes in customer preferences, emerging technologies, and new regulations that may affect the success of your barbershop business. 

Competitor analysis helps you identify direct and indirect competitors , their strengths and weaknesses, and the strategies they use to attract customers. 

Additionally, this section should highlight the unique selling point of your barbershop and explain how it will differentiate itself from competitors. It should highlight the competitive advantage you offer, such as unique services, location, or pricing strategy. 

In addition, this analysis should reveal any potential opportunities or threats posed by competitors .

The main goal of the competitor analysis is to give you a comprehensive understanding of the competitive landscape and help you identify strategies to gain a competitive advantage in the market.

barbershop services illustration

When making a business plan for your barbershop, don’t forget to consider the products and services you want to offer.

Describe your offer in detail and list all the services you plan on having , such as haircuts, beard trims, hot towel shaves, and other grooming services. Include the different types of haircuts and styles that the barbershop will offer, such as classic cuts, modern styles, and specialty cuts.

In addition to services, list any products that you’ll sell in your barbershop , such as hair care products, beard oils, and shaving supplies. Describe the different types of products, their benefits, and how they complement the barbershop’s services.

It is important to highlight the unique aspects of the barbershop’s services and products , such as the quality of the products, the skill, and expertise of the barbers, or the use of specialized tools and techniques. This can help differentiate the barbershop from competitors and attract customers.

Financial projections are an important aspect of any business plan because they give a detailed financial forecast of the expected revenue and expenses over the next three to five years. They provide a detailed breakdown of the startup costs, like equipment, inventory, and initial marketing expenses.

Also, the section typically includes a projected income statement , balance sheet , and cash flow statement . These financial statements should detail the expected revenue, cost of goods sold, gross profit, operating expenses, and net profit over the next few years.

It is important to use realistic assumptions when creating financial projections, based on market research and industry benchmarks . Take into account the average price per haircut, the number of customers per day, and the average revenue per customer.

Finally, don’t forget about a break-even analysis , which calculates the amount of revenue needed to cover the barbershop’s fixed and variable expenses. This analysis can help determine the barbershop’s profitability and financial viability.

How do you plan on advertising your barbershop business? Which channels will you use? How are you going to attract new and retain existing customers? How will you handle your reputation?

The answers to these (and many other questions) should be found in your marketing plan section. 

Outline the channels you’ll use to reach customers, such as social media , local advertising , email marketing , or partnerships with complementary businesses .

Also, set aside a budget for marketing expenses and metrics for measuring the success of the marketing efforts, such as the number of new customers acquired, customer retention rates, or revenue generated from marketing promotions.

A sales plan section typically outlines specific strategies and tactics for increasing the revenue and profitability of your barbershop .

When developing your sales plan, first focus on setting your sales goals and objectives . Start small and set reachable goals and aim higher as your business flourishes. Some of your goals could be increasing revenue by a certain percentage, selling a certain number of retail products each month, or increasing the average sale amount per customer.

Next, ensure that your marketing tactics actually target your ideal customers . Remember, your goal is to make your services and products appealing to the right clients in order to increase revenue. 

A pro tip to skyrocket your sales: create service packages. Develop service packages that bundle together multiple services or offer discounts for purchasing multiple services at once. This can encourage customers to spend more money during each visit.

Moreover, train barbers to upsell and cross-sell during each appointment . Have them offer additional services or suggest retail products that complement the customer’s haircut.

Another strategy worth considering is creating loyalty programs that reward repeat customers. Offer them a discount after a certain number of visits or provide exclusive access to promotions and events.

creating a barbershop business plan

The management and organization section of a business plan you create for your barbershop should outline the key people involved in running the business , their roles and responsibilities, and the overall structure of the organization. 

First off, describe the key members of the management team , including their experience, qualifications, and responsibilities. Include yourself, managers, barbers, receptionists, and any other staff involved in the day-to-day operations.

Next, define the organizational structure of the barbershop , i.e. how the different roles and responsibilities are divided. 

Then, outline the staffing plan for the barbershop , in which you specified the number of staff required, their roles and responsibilities, and the process for hiring and training new employees.

Furthermore, describe the policies and procedures that will be in place to ensure the smooth running of your barbershop. Give a brief explanation of the operational procedures, health and safety policies, and customer service standards.

Don’t forget to define the legal structure of the business – be specific about whether it is a sole proprietorship, partnership, or limited liability company (LLC). Mention any necessary licenses or permits required to operate the business.

The operations plan outlines the day-to-day operations of the barbershop, including inventory management, customer service, and scheduling.

Begin with describing the process for managing inventory – how supplies will be ordered, received, and stored, and how inventory levels will be monitored and controlled. Also, take into account the equipment and supplies that will be required to operate the barbershop, like chairs, clippers, scissors, towels, and other tools and materials.

Move on to outlining the customer service policies and procedures needed to maintain the highest levels of quality and ensure that customers leave your barbershop satisfied. Train your staff on how to interact with customers and handle complaints.

When it comes to scheduling, give a brief overview of how appointments are scheduled, managed, and tracked . Outline the appointment booking process, such as whether customers can book online, via phone, or in person. How will walk-ins be managed and fit into the schedule? Also, explain how your team handles appointment confirmation and reminders. Additionally, you may also outline staffing needs for the shop and provide information on how many barbers are needed during peak hours and how to manage schedules to ensure customer demand is met.

Sounds overwhelming? Now is a good time to consider using an appointment booking automation tool to help you manage bookings, employees, customers, payments, and other time-consuming tasks you face every day as a barbershop owner.

How can a booking automation solution help you?

barbershop booking trafft

Using booking software can help automate many aspects of your everyday barbershop’s operations. However, not every booking software can cut it – you need a solution powerful enough to handle the demands of a busy barbershop and yet intuitive enough to provide a completely hassle-free experience that both you and your customers will love. 

The good news is that such a solution exists, and its name is Trafft . 

Trafft is a booking and scheduling software designed specifically for the needs of barbershops and similar businesses. 

With Trafft, customers can easily book appointments online , which gives them full control of the entire scheduling process. By enabling self-service bookings to your clients, you and your team have more time to focus on providing better services and growing your business . 

Trafft also helps barbershops manage their schedules more effectively, allowing them to optimize appointment slots, avoid double bookings, and increase their productivity . 

In addition, Trafft offers features such as automated appointment reminders and follow-up messages, which can boost customer communication, satisfaction, and loyalty .

Furthermore, Trafft provides insights into key performance metrics such as sales tracking and reporting, allowing barbershops to make data-driven decisions and optimize their business operations . 

Interested? Check out all the features and integrations Trafft brings to the table and start streamlining your operations. 

Risk management provides a brief assessment of the risks facing the barbershop business, such as legal and regulatory risks, competitive risks, and financial risks. Also, this section should include a plan for managing and mitigating these risks.

Start with identifying some common risks that barbershops may face , like property damage, theft, employee injuries, and lawsuits.

Next, outline steps to prevent these risks from occurring , such as implementing security measures, ensuring proper training and safety protocols are in place, and having insurance coverage. 

Additionally, outline a response plan in the event of a risk , such as how to report incidents, manage customer complaints, and handle emergencies. 

Effective risk management can help barbershops protect their business, employees, and customers from harm, and maintain a positive reputation in the community.

Although not mandatory, a well-structured appendix can strengthen the credibility of your plan. It allows you to give further details or extra information that might be of interest to investors or managers. 

Include any additional documents, charts, graphs, tables, materials, resumes, important policies, financial statements, agreements, contracts, and relevant documents that are referenced in the business plan.  

We have to make one thing clear here – not every business plan will deliver your barbershop equal value. Some plans are more beneficial than others. Or, to put it like this – making a plan is not the same as making the plan.

But how to know your plan is the plan?

Besides following the structure we mentioned earlier, there are certain aspects to pay special attention to if you wish to transform an average barbershop business plan into an exceptional one.

Ensure your barbershop plan is dynamic

Creating a dynamic barbershop business plan is essential if you want to be able to actually rely on your plan. A dynamic plan allows for flexibility and adaptability as your business evolves and changes over time. It should be a living document that is reviewed and updated regularly to reflect changes in the market, competition, and internal operations. 

With a dynamic business plan in place, you’ll be able to navigate the challenges of running a successful barbershop and achieve long-term success.

Set realistic goals

Setting realistic goals is also an important step in making a sound business plan for your barbershop. Your goals should be specific, measurable, achievable, relevant, and time-bound ( SMART ). 

This will help you to create a clear roadmap for achieving your objectives, and enable you to track progress effectively, ensuring your plan remains relevant and achievable over time.

Rely on data

Data is your friend, so make sure you rely on it when making any decisions concerning your business. Gathering and analyzing data can help you make informed decisions about your business strategy and identify opportunities for growth and improvement . 

You can gather data on your target market, including demographics, behavior patterns, and purchasing habits, as well as data on your competitors, such as their pricing strategies, marketing tactics, and customer feedback. You can also collect data on your own business operations, such as sales figures, customer feedback, and employee performance metrics. 

Seek feedback

It’s a good idea to seek feedback from colleagues, mentors, and industry experts to ensure that your plan is well-rounded and realistic . They may be able to provide valuable insights and identify potential blind spots that you may have missed. Additionally, sharing your plan with potential investors or lenders can help you secure funding and validate the feasibility of your business idea. 

Just be sure to consider the feedback you receive and incorporate it into your plan if it aligns with your vision and goals for your barbershop.

Starting a new barber shop or expanding an existing one requires considerable time, effort, and expertise. However, having a comprehensive business plan can simplify the process. 

Similar to having a skilled workforce and top-notch equipment, a well-crafted barbershop business plan empowers owners and managers to stay organized, recognize potential obstacles or prospects for growth, and make informed business decisions.

However, keep in mind that there’s more than one approach to developing a business plan. While we recommend you include certain elements, you should create a plan that adapts to your specific situation. Only then you’ll be able to see results. And if you want those results to be truly impressive, discover how you can grow your barbershop with Trafft . 

Jovana Smoljanovic Tucakov

  • Jovana Smoljanovic Tucakov

Jovana Smoljanovic Tucakov is a Content Marketing and SEO Specialist who uses both words and data to communicate a message and deliver value. With more than 5 years of experience in digital marketing and content production in the IT industry, she loves identifying and solving the readers’ pain points and creating targeted content.

Curious about the human mind and emotions, especially those that drive consumer behavior. Likes fitness, food preparation, board games, reading (both for pleasure and learning), and binge-watching Netflix.

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How to Write a Barber Shop Business Plan in 2024?

How to Write a Barber Shop Business Plan?

Having a detailed and professional barber shop business plan is important for anyone working on opening a new barbershop . It can also be an excellent roadmap for growing your barber business.

What You Will Learn

We’ll take a look at the basics of researching and creating your barbershop business plan, plus some helpful info and a free template to help you get started.

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What is a barber shop business plan, why does your barber shop need a business plan, key element of a good barber shop business plan, barber shop business plan template.

Every business is different, and a lot of the elements of your own business plan will be informed by your target market, location and the services that you offer (or plan to expand into).

A business plan is a living document that you can adjust or update as needed. It will include information about the barber shop’s financial, marketing and management details.

This will include your startup costs (if you’re planning to open a new shop), plus market research, your mission statement (more on this later) and your strategy for success.

You’ll also include an executive summary at the beginning, details about your target market and marketing plan, plus a description of your products and services.

Most plans also include information about training and support for your team, plus your management structure.

In order to write a plan for your business, you’ll have to conduct market research, decide on a long-term vision for future growth, write out a sample budget and set clear and achievable goals. You may also want to include supporting documents such as an income statement.

The management team and owners can use the business plan as a road map to make sure the barber shop is achieving these goals, as well as make informed and data-based decisions about staffing, advertising or even equipment purchases.

This isn’t limited to the salon industry. Business plans are documents that will help any enterprise be (and stay) successful.

You can use yours as a guide when you’re making new business decisions like which services to promote, how to market your barber shop, and even what training to offer staff members.

If you’re hoping to secure funding or attract investors, it’s essential that you have a solid business plan ready to show them- this helps them see the “big picture” of your vision as well as the practical details.

You can provide accurate information about your prospective clients, promotion strategy, revenue and budget. You can also identify any potential roadblocks early in the startup process and have some ideas of who your barbershop’s competition will be.

In addition, the vision and mission statements, as well as the targets you’ve set will make it easier to lead effective staff meetings and keep everyone motivated and focused on hitting your goals.

It’s a way to stay ahead of your competitors and create better strategies that adapt to a dynamic industry and the changing needs of clients and staff members.

Every business plan is as unique as the barber shop it represents, so don’t worry if this all seems a bit intimidating to try and create the perfect business plan at first. All good plans have some things in common.

They start with a business overview, describing your target clients and your services. Then, include revenue-related information such as a budget, projected sales and break even points.

You’ll also outline your marketing plan to expand or develop the number of customers, potential barber shop expenses and your financial plan as a whole.

Business plans for a new barbershop will also detail the startup costs and your plan for getting financing, whereas a plan for an existing barbershop will show people how your business stands financially, including supporting documents like a cash flow statement and revenue projections.

Let’s take a closer look:

How to Get Started on Your Barber Shop’s Business Plan?

Your barbershop business plan will help every step of the way, whether you’re trying to attract new investors, adjusting your pricing strategy or deciding on equipment or hiring and training staff.

How to start a barber shop's business plan

It breaks down the business’s finances and long-term goals, making it easier to stay focused on the big picture and plan for success.

Some things to keep in mind are:

  • Gather information: Take a look at other barber shops and local businesses nearby, research equipment and services, understand new trends and identify your target market.
  • Understand the Roadblocks: Brainstorm and list out everything that might affect your business’s cash flow, startup costs or timeline. You’ll need to plan for these in your budget.

Once you know these things, you can use barbershop management software to track your team’s performance and make sure you’re meeting the targets.

  • What Makes You Special: What sets your barbershop business apart from the competitors? If you offer something others in the area don’t (maybe you take walk-ins or have staff who specialize in beard care), then create a plan to market this.
  • Use a Free Template to Save Time: If you’re struggling with writing your competitive analysis or barber shop business description, example templates are available online and can save you a lot of time- you can use one and just adjust the details as needed to fit your brand and ideas.
  • Consult a Professional: Whether you’re creating a mobile barber shop business plan or one for a large, multi-location chain, it’s important to make it look as professional as possible.

Consider hiring a consultant or even a business advisor to check the financial details, marketing strategy or even help you create the executive summary. This is especially important if you’re planning to present this to investors later.

Here are some of the things that a barbershop business plan should include:

This will be your first impression, so make sure it looks professional. It’ll be seen by investors, management staff and pretty much anyone with an interest in your company. It should have:

  • Your Barbershop Business Name (and logo, if applicable)
  • Your Professional Contact Information

Table of Contents

Business plans should be organized and easy to navigate. A clear table of contents is essential for this. Divide and label each section clearly so it’s easy to find information.

Executive Summary

Your executive summary should be clear and concise- it needs to be easy to understand, informative and give readers a strong first impression. Include the following:

  • Your Barber Shop Mission Statement (Briefly your business’s goals and your plans to achieve them)
  • Your Vision Statement (What are your long-term plans for your barber shop’s future?)
  • Your Business Overview (What is your shop’s concept? Is it a hip and fun setup in a local shopping center, a specialty Turkish Barber, or a traditional establishment? Explain and give a brief summary)
  • Your Key Factors for Success (What does your business need to start off on a strong foot and keep going this way?)

Business Description

  • Your location(s)
  • Services you offer (and any ones that you’d like to include in the near future)
  • Your Staffing Information (How many barbers, managers and support staff you have or will need)
  • A summary of your competitors and the market research you’ve conducted (Be sure to identify anything that sets you apart and explain how you’ll use this to attract customers)

Target Market

Describe your target clientele and why you’ve chosen them. Some things to consider are:

  • The demographics and speciality services will attract
  • Where your client base comes from (are they students or workers in nearby buildings, for example?)
  • Why you’re targeting them (this might affect future training, products, equipment purchases and decor)
  • What you think your average client wants or needs (and how you plan to provide it)
  • Anything that makes you unique among other businesses in your area

You might want to conduct a SWOT analysis for your barbershop (strengths, weaknesses, opportunities and threats) to help you understand all of these things in more detail.

Competitive Analysis

Understand the market and what you can do to be successful.

  • Who are your competitors?
  • Where are they, in relation to you (and are you close to any major roads or transit lines)?
  • What kinds of services do you both provide? Is there a lot of overlap?
  • If so, what makes you special?
  • Will you be competing for the same clients?
  • What’s the difference between your prices and why?
  • How do you plan to attract customers and build client’s loyalty?

Key elements of a barber shop business plan

Management Plan

Your barber shop management plan will explain how the business operates. This includes things like:

  • Your Management Structure (This might be simple for small establishments or more detailed for larger ones)
  • Your Management Strategy (Targets you need to hit, long-term goals and financial projections- including what you’ll do to make this happen)
  • Your Staffing Needs at the Management Level (How many high-level staff such as managers or accountants, etc. and their roles- again, this might be a lot simpler for smaller businesses)

Your Products and Services

This will give investors and financial professionals an idea of your shop’s income, potential expenses and profits, and will also help you to identify future roadblocks or potential areas of opportunity. Explain:

  • The products your staff will use for services
  • All of the retail products you plan to sell
  • The services you provide

Be as detailed as possible, explaining your prices, the costs associated with each item on the list, the time they’ll take (if it’s a service) and the profits you’ll make. If you’re already in business, you can also include details about the popularity of each one, too.

Your Marketing Plan

How will you reach new customers and grow your business? What advertising methods will you use? What are the costs associated with each one?

You can give a basic outline here, but be sure to do your homework and be ready to put this plan into action.

You’ll want to include:

  • Your barbershop’s Marketing Plan (What you’ll do to reach people)
  • Existing or potential sales plans and promotions (How will you increase demand and keep loyal customers happy)
  • Your advertising methods (This doesn’t just mean paid advertising, it should also include your social media strategy and inexpensive or free online marketing)
  • Your brand story and reputation (Especially if you’re already in business)

Your Sales Plan

Make sure that this includes both your retail products and services you offer. Identify and explain:

  • How you’ll market each one
  • Why they will appeal to customers, and their benefits
  • What your sales goals are
  • What you expect your income to be from these products and services
  • How much you estimate things costing, including any specialized training or equipment you’ll need

Your Financial Plan

For a new barbershop, this will include startup costs and how quickly you intend to become profitable, but existing businesses should include expenses and funds needed for any improvements such as renovations, equipment or new training, as well as profit projections.

Documents to prepare include:

  • Your financial statements (including an income statement, if possible)
  • Any assumptions (such as potential expenses and money needed to cover costs)
  • Projections of your profits and losses
  • Your break-even point
  • The barber shop’s balance sheet (this is sometimes referred to as a “book value” and explains the actual worth of your business and its assets)
  • Any existing loans or debts

One of my top tips when preparing this is to have a professional go over it or assist you during the process. They can help ensure everything is accurate and provide any advice you might need.

Operating Plan

Explain how your barber shop will be run, including:

  • Your main location (This might be just one shop, or it could be a main office for a multi-location chain)
  • Your management structure (Including a brief overview of the division of responsibilities at the higher levels of your management team)

Additional Information

You can include any other information here that investors or managers may need, including:

  • Additional documents
  • Important policies
  • Financial statements

Any documents (such as a balance sheet, for example) that you need to reference in your business plan, can be appended here.

Do not miss our post on barber shop license .

We’ve done our best to help you by including a free barbershop business plan pdf template that you can use and adjust as needed to create your own.

Your free barber shop business plan template will look like this.

Barber shop business plan template

Do not miss our post Barber Shop Price List .

Opening a new barber shop or growing an existing one takes a lot of time, energy and know-how, but having the right business plan in place makes everything easier.

Just like having the right staff and equipment, your barbershop business plan makes it easier for an owner or manager to keep everything on track, identify potential issues or opportunities for the company and make informed decisions.

How to write a great business plan https://ieeexplore.ieee.org/iel3/46/14446/00660335.pdf

The successful business plan: secrets & strategies https://books.google.com/books?hl=en&lr=&id=hpFxjEsZLUwC&oi=fnd&pg

Institutional forces and the written business plan https://journals.sagepub.com/doi/abs/10.1016/j.jm.2002.11.002

Barber Shop Business Plan

About the author Bartek Kulasza

Bartek Kulasza creates informative content that focuses on efficient business management. He covers salon software, marketing and sales, budgeting and reporting, salon design and equipment, inventory management, growing customer base, helping businesses optimize operations, enhancing customer experience, and increasing profitability.

  • How to Write a Barber Shop Business Plan

Barber Shop Business Plan Template & Guidebook

If you’re looking to start your own barber shop business, then having a plan is essential to ensure success. The #1 Barber Shop Business Plan Template & Guidebook takes the guesswork out of creating and implementing a strong, actionable business plan. Packed with helpful advice, best practices, and expert tips, this comprehensive guidebook walks you through each step of creating a plan that sets you up for success and helps your business thrive in the long run.

Nick

Get worry-free services and support to launch your business starting at $0 plus state fees.

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How to Write a Barber Shop Business Plan in 7 Steps:

1. describe the purpose of your barber shop business..

The first step to writing your business plan is to describe the purpose of your barber shop business. This includes describing why you are starting this type of business, and what problems it will solve for customers. This is a quick way to get your mind thinking about the customers’ problems. It also helps you identify what makes your business different from others in its industry.

It also helps to include a vision statement so that readers can understand what type of company you want to build.

Here is an example of a purpose mission statement for a barber shop business:

Our mission at [Barber Shop] is to provide a professional, comfortable, and welcoming atmosphere for our customers to enjoy high-quality haircuts and grooming services from certified barbers. We pledge to create a personalized experience for each customer that allows them to express themselves in a luxurious and modern way.

Image of Zenbusiness business formation

2. Products & Services Offered by Your Barber Shop Business.

The next step is to outline your products and services for your barber shop business. 

When you think about the products and services that you offer, it's helpful to ask yourself the following questions:

  • What is my business?
  • What are the products and/or services that I offer?
  • Why am I offering these particular products and/or services?
  • How do I differentiate myself from competitors with similar offerings?
  • How will I market my products and services?

You may want to do a comparison of your business plan against those of other competitors in the area, or even with online reviews. This way, you can find out what people like about them and what they don’t like, so that you can either improve upon their offerings or avoid doing so altogether.

Image of Zenbusiness business formation

3. Build a Creative Marketing Stratgey.

If you don't have a marketing plan for your barber shop business, it's time to write one. Your marketing plan should be part of your business plan and be a roadmap to your goals. 

A good marketing plan for your barber shop business includes the following elements:

Target market

  • Who is your target market?
  • What do these customers have in common?
  • How many of them are there?
  • How can you best reach them with your message or product?

Customer base 

  • Who are your current customers? 
  • Where did they come from (i.e., referrals)?
  • How can their experience with your barber shop business help make them repeat customers, consumers, visitors, subscribers, or advocates for other people in their network or industry who might also benefit from using this service, product, or brand?

Product or service description

  • How does it work, what features does it have, and what are its benefits?
  • Can anyone use this product or service regardless of age or gender?
  • Can anyone visually see themselves using this product or service?
  • How will they feel when they do so? If so, how long will the feeling last after purchasing (or trying) the product/service for the first time?

Competitive analysis

  • Which companies are competing with yours today (and why)? 
  • Which ones may enter into competition with yours tomorrow if they find out about it now through word-of-mouth advertising; social media networks; friends' recommendations; etc.)
  • What specific advantages does each competitor offer over yours currently?

Marketing channels

  • Which marketing channel do you intend to leverage to attract new customers?
  • What is your estimated marketing budget needed?
  • What is the projected cost to acquire a new customer?
  • How many of your customers do you instead will return?

Form an LLC in your state!

barber shop barber business plan

4. Write Your Operational Plan.

Next, you'll need to build your operational plan. This section describes the type of business you'll be running, and includes the steps involved in your operations. 

In it, you should list:

  • The equipment and facilities needed
  • Who will be involved in the business (employees, contractors)
  • Financial requirements for each step
  • Milestones & KPIs
  • Location of your business
  • Zoning & permits required for the business

What equipment, supplies, or permits are needed to run a barber shop business?

<ul> <li>Barber license</li> <li>Barber chair and accessories</li> <li>Hair cutting tools (scissors, trimmers, clippers, etc.)</li> <li>Hair styling products (gels, sprays, waxes, etc.)</li> <li>Sanitizing supplies (sanitizer, bleach, disinfectant wipes, etc.)</li> <li>Storage furniture (cabinets and shelves) for supplies and products </li> <li>A till or cash register to take payments <

5. Management & Organization of Your Barber Shop Business.

The second part of your barber shop business plan is to develop a management and organization section.

This section will cover all of the following:

  • How many employees you need in order to run your barber shop business. This should include the roles they will play (for example, one person may be responsible for managing administrative duties while another might be in charge of customer service).
  • The structure of your management team. The higher-ups like yourself should be able to delegate tasks through lower-level managers who are directly responsible for their given department (inventory and sales, etc.).
  • How you’re going to make sure that everyone on board is doing their job well. You’ll want check-ins with employees regularly so they have time to ask questions or voice concerns if needed; this also gives you time to offer support where necessary while staying informed on how things are going within individual departments too!

6. Barber Shop Business Startup Expenses & Captial Needed.

This section should be broken down by month and year. If you are still in the planning stage of your business, it may be helpful to estimate how much money will be needed each month until you reach profitability.

Typically, expenses for your business can be broken into a few basic categories:

Startup Costs

Startup costs are typically the first expenses you will incur when beginning an enterprise. These include legal fees, accounting expenses, and other costs associated with getting your business off the ground. The amount of money needed to start a barber shop business varies based on many different variables, but below are a few different types of startup costs for a barber shop business.

Running & Operating Costs

Running costs refer to ongoing expenses related directly with operating your business over time like electricity bills or salaries paid out each month. These types of expenses will vary greatly depending on multiple variables such as location, team size, utility costs, etc.

Marketing & Sales Expenses

You should include any costs associated with marketing and sales, such as advertising and promotions, website design or maintenance. Also, consider any additional expenses that may be incurred if you decide to launch a new product or service line. For example, if your barber shop business has an existing website that needs an upgrade in order to sell more products or services, then this should be listed here.

7. Financial Plan & Projections

A financial plan is an important part of any business plan, as it outlines how the business will generate revenue and profit, and how it will use that profit to grow and sustain itself. To devise a financial plan for your barber shop business, you will need to consider a number of factors, including your start-up costs, operating costs, projected revenue, and expenses. 

Here are some steps you can follow to devise a financial plan for your barber shop business plan:

  • Determine your start-up costs: This will include the cost of purchasing or leasing the space where you will operate your business, as well as the cost of buying or leasing any equipment or supplies that you need to start the business.
  • Estimate your operating costs: Operating costs will include utilities, such as electricity, gas, and water, as well as labor costs for employees, if any, and the cost of purchasing any materials or supplies that you will need to run your business.
  • Project your revenue: To project your revenue, you will need to consider the number of customers you expect to have and the average amount they will spend on each visit. You can use this information to estimate how much money you will make from selling your products or services.
  • Estimate your expenses: In addition to your operating costs, you will need to consider other expenses, such as insurance, marketing, and maintenance. You will also need to set aside money for taxes and other fees.
  • Create a budget: Once you have estimated your start-up costs, operating costs, revenue, and expenses, you can use this information to create a budget for your business. This will help you to see how much money you will need to start the business, and how much profit you can expect to make.
  • Develop a plan for using your profit: Finally, you will need to decide how you will use your profit to grow and sustain your business. This might include investing in new equipment, expanding the business, or saving for a rainy day.

barber shop barber business plan

Frequently Asked Questions About Barber Shop Business Plans:

Why do you need a business plan for a barber shop business.

A business plan for a barber shop business is important for several reasons. First, it provides a comprehensive overview of the business and its goals. It can also help to inform any potential investors or lenders of the barber shop’s projected success, as well as provide a roadmap for how the owner intends to bring their vision to life. Additionally, it can help the business owner stay organized and on track when it comes to managing operations such as finances, marketing, staffing, and customer service. Finally, a good business plan serves as a reference document in case of any legal ramifications or disputes.

Who should you ask for help with your barber shop business plan?

You may want to seek help from a professional business consultant or a business mentor. You may also consider attending workshops or seminars on small business planning, or online resources such as the Small Business Administration (SBA) website and business plan templates.

Can you write a barber shop business plan yourself?

Writing a business plan for any company can be a daunting task, and writing a barber shop business plan is no different. However, with the right research, knowledge of the industry and guidance, it is possible to write a successful business plan yourself. Taking the time to create a thorough, well-thought-out plan will give your barber shop the best chance of success in the long run. It is important to start by researching the barber shop industry and competitors in your area. This research should include looking at your local market and trying to determine if there is a need for your services. Additionally, it is helpful to analyze current trends in the industry and best practices for setting up and running a successful barber shop. Your business plan should include an executive summary that covers the main points of your plan in an easy to understand way. This summary should include an overview of what services you will offer, who your target customers are, what differentiates you from competitors, how you will market and promote your services, overhead costs associated with running your business, and when you anticipate turning a profit. In addition to the executive summary, you should also include detailed sections that outline more specific aspects of running a barber shop such as pricing structure, equipment needs and staffing requirements. Finally, be sure to include financial projections that are based on realistic assumptions about future revenue and expenses. Overall, writing a business plan for a barber shop can be complex but following these steps can help ensure that you have all of the necessary information needed to create an effective plan.

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I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.

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12 Strategies for Starting a Barber Shop Business [Business Plan]

Editorial Team

12 Strategies for Starting a Barber Shop Business

Men are now more concerned with their hairstyles and maintenance than women. With an independent brick-and-mortar, you can maximize your barbering abilities. You may be wondering how to open a barbershop.

Don’t be concerned. This comprehensive guide has you covered. Let us go over all the steps involved in launching a business and opening a barbershop.

It would be best to consider several factors in building a barbershop from the ground up. Let us go over them.

1. Decide If The Business Suits You

Starting a barbershop takes time and effort, like any other type of business. Before deciding whether a barbershop is right for you, you should educate yourself as much as possible. You will be taking a significant risk, so educating yourself before diving in is essential.

Barbershop Industry Trends

Barbershops are introducing new products and services to increase revenue.

Size and growth of the industry

  • Job growth forecast – Barbershops are expected to expand alongside beauty salons, with a projected 19% annual growth in job openings for barbers, hairstylists, and cosmetologists through 2030.
  • The number of businesses – There are over 107,000 barbershops in the United States.
  • Several people employed – Barbershops employ nearly 135,000 people in the United States.

Trends And Challenges

Barbershop trends include:

  • Some upscale new barbershops serve alcoholic beverages, positioning haircuts as a social event.
  • Mobile barbers, similar to doctors who make house calls but use scissors instead of stethoscopes.

Barbershop industry challenges include:

  • The risk of accidents and misunderstandings with customers

2. Hone Your Skillset

Aside from being presentable and friendly, you will need proper skills to start and grow your shop. Before starting your own business, research the latest hairstyles and hone your skills.

It would be best to master the art of satisfying your clients while providing the best service. To master this, you must have some hands-on experience.

How Much Should You Charge For Services?

Whether opening a no-frills shop or a high-end, spa-like experience, you could offer introductory discounts to attract customers and build your reputation. In any case, it’s a good idea to research barbershops in your area to become acquainted with local pricing.

Men’s haircut prices range from $10 to $100, with a $28 average in the United States. The price you charge should correspond to your concept. You should be able to charge a higher price if you provide a high-end haircut experience. However, you must remain aware of the competition to avoid pricing yourself out of the market.

Who? Identify Your Target Market

Your target market will depend on your concept. A bespoke shop will attract a younger, hipper clientele, while an old-fashioned concept will likely pull in an older crowd. You can choose the best places to reach these demographics with your marketing.

Once you’re up and running, word-of-mouth referrals and repeat clients will be your main source of business.

Where? Choose Your Business Premises

Your barber shop’s location is critical and should be related to your concept. For example, you wouldn’t put your high-end shop next to a senior citizen’s residence. Choosing a location with consistent foot traffic is also a good idea. Sites like Craigslist, Crexi, and Instant Offices can help you find commercial space to rent in your area.

When selecting a commercial space, consider the following four guidelines:

  • Spacious, well-lit space in a high-traffic area
  • Flexible lease, which can be extended as your business grows
  • Ready-to-use space, which does not require any major renovations or repairs

3. Brainstorm/Find A Business Name

Your company’s name is its identity, so choose one that expresses your goals, services, and mission in a few words. You’ll probably want a name that’s short and easy to remember because word-of-mouth referrals will account for a large portion of your business, particularly your initial business.

Here are some ideas for business names to consider:

  • Unique, short, and catchy names tend to stand out • Easy-to-say and spell names tend to perform better
  • The name should be relevant to the products or services you offer.
  • Seek advice from family, friends, colleagues, and social media.
  • Including keywords in the name, such as “barber” or “hair,” improves SEO.
  • Select a name that allows for expansion, such as “Jim’s Bakery” rather than “Jim’s Cookies.”
  • Using keywords in the name, such as “barber” or “hair,” improves SEO.
  • Select a name that allows for growth, such as “Jim’s Bakery” rather than “Jim’s Cookies.”
  • Avoid geographical names that may impede future growth.
  • Use keyword research tools online. Enter a few keywords and press “generate,” and you’ll have dozens of suggestions.

Finally, choose a name from those that pass this screening and proceed with social media account creation and domain registration. One of the key differentiators that distinguish your company is its name. It is difficult to change the business name once you have chosen your company name and begun with the branding. As a result, it is critical to carefully consider your options before establishing a business entity.

4. Look Out For Suitable Premises

Finding the right location for your company will be critical to its growth. A specific site can bring in many customers or ruin your investment. When looking for suitable premises, there are several important factors to consider.

Client Coverage And Rent Ratio

It is an important factor to consider. A shop in a busy part of town will undoubtedly attract more customers, but the location will be expensive.

Sites near the office and schools will be reasonably priced. On weekdays, locations near the office building might show steady customer flows. For schools, you can attract more customers by offering special student discounts.

Also, if you want to save your rental money, consider opening your shop in the city’s growing areas. You will see an increase in clientele as your locality grows.

Area Of The Site

It is another imperative aspect to look into. Opt for premises accommodating all staff and equipment without creating a suffocating environment.

General Amenities

Look out for any dampness or mold on the site. Check for air ventilation and heating and air-conditioning systems. Your customers look forward to a relaxing experience, so you must maintain an excellent ambiance.

5.  Light Up A Barber Shop Business Plan

Once you’ve determined your skills and experience, you’ll need to create a business plan. Making a well-thought-out idea is always beneficial. So, brainstorm ideas for the services you’ll offer your customers.

Examine the most recent trends to see which styles are in demand. Please make a list of all the services you offer and determine whether you are fully capable of providing them.

Some of the basic services available in barbershops include:

  • Haircutting, washing, and styling
  • Beard styling and maintenance
  • Facial shaving and maintenance
  • Mustache trimming

You can also stay on track as you build your business with the help of a well-written business plan. There are a few key sections in a great business plan.

  • Outline your mission, goals, and values in your executive summary. The following sections can also be summarized high level here.
  • What market research have you conducted in your industry? How have you analyzed the market size, trends, gaps, and opportunities?
  • Analyze your competitors: Who are they? What are their strengths and weaknesses? What makes you stand out from your competitors?
  • How would you describe your ideal client in your marketing plan? What marketing strategy will you use to reach them? Branding can also be discussed here.
  • As a manager, what do you bring to the business that will ensure its success?
  • The day-to-day operations of your business should be outlined. You can also discuss your employee plan here. What roles will they perform, and how many will you hire?
  • Provide a detailed financial plan outlining startup costs, how the business will generate consistent cash flow, and your financial goals and projections for each of the first five years.

6. Down Your Well-Devised Strategy

Writing a barber shop business plan and strategies will assist you in evaluating various aspects of your business. Management, marketing, and cash flow strategies can all be easily planned and plotted.

You can quickly identify flaws and devise countermeasures with your ideas in front of you.

  • Devise the pricing for the services
  • To put out your rate list, to need to consider several factors. Let us give a quick look at them.
  • Skills and experience under your belt

It is well said that if you know how to do a task well, you should never do it for free. So, why settle for low prices if you are confident in your abilities? You can charge a reasonable fee for services that you can provide with unparalleled quality.

Inflow And Outflow

You must have an accurate picture of your cash flow. Keep in mind that here you are making a profit, so the inflow of revenue should always be greater than the outflow. Consider your fixed and variable costs.

Your rent and other consistent charges are examples of fixed costs. On the contrary, variable costs include various bills, employee wages, maintenance fees, etc. By balancing the flow in your favor, list the prices.

The Price Range Of Competitors

Go through the price range of the barbershops in your locality. The same will give you a general idea of the price range of different services. With this, you can easily tweak your  pricing strategy .

Aim of your brand

Have a clear image of your brand in your mind. Are you going to offer affordable barbering services or a one-of-a-kind luxury experience?

Consider the intended audience as well. The pricing of your in-house services should reflect the types of clients you intend to attract in the future.

7.   Look Into Financing

You cannot open a barbershop without sufficient capital. You must keep your savings intact for them to serve you in the long run. Loans can be used to generate additional capital for your business. There are various loans, such as startup loans, business loans, etc. Examine the advantages and disadvantages of various options and select the best one.

It is also critical to keep track of your company’s finances. As a result, you should open a separate business account to track all revenue flows.

Evaluate The Investment Cost

Certain investments are required to open a barbershop. Aside from the basic rent for your premises, it would be best to consider other costs. Some of the initial investments will be:

  • Revamping the interiors of the shop
  • Cost of the equipment and supplies
  • Insurance and legal fees
  • Wages of the staff
  • The training course, if necessary

8. Look Into Regulations

You must investigate the license and insurance policies. You should obtain a barber license from your local government authority to run a successful business. Also, register your shop with the authorities and thoroughly read all the bylaws.

Barbers frequently skip out on insurance policies. However, these policies can protect you from significant damage in heavy rains.

Some fundamental policies include the following:

  • Employer liability coverage
  • Coverage for mishaps
  • Treatment liability insurance
  • It is prudent to investigate various package deals to obtain the bunch at a reasonable price.

9. Deem About Health Safety Concerns

You must use various electrical tools and chemicals in this line of work. Because your employees will be working to build your brand’s image, you must take appropriate precautions to ensure their safety. A happy workforce will work hard and keep your customers satisfied. Your business will grow quickly if your customers are satisfied. So keep an eye on these issues.

Here are some of the major health and safety issues to look into:

Never overlook the importance of cleanliness in your store. Maintain a clean environment so that customers have a positive experience. Ensure to have the tools you are using are properly cleaned. A minor blunder on your part will result in a nasty infection for the client, destroying your brand image.

Chemical Safety

You have to work with certain dyes, gels, and different chemicals. Do your homework on all the supplies properly, and avoid using hazardous materials. Get in line with Control of Substances Hazardous to Health laws for proper storage and disposal of these products.

Electrical Safety

A tiny error in maintaining the electric tools and equipment can land you in challenging adversities. Never neglect a faulty tool, constant flicker in lighting, and other signs that may indicate an electrical issue.

10. Find The Right Staff

Having a great team at your disposal will allow you to elevate your business. Advertise the vacancy in both offline and online modes. Scrutinize all the applications on definite criteria.

Here are some pointers to look for:

In Hand Experience

An experienced barber will have a strong skill set but demand more wages. On the other hand, a newbie needs to be trained but can work with a moderate wage.

Appearance And Social Skills

The job demands constant interaction between the barber and the customer. So, to keep your customers happy, your staff needs to understand the social cues and invite the customer with proper warmth.

11. Your Equipment

Your staff and clients will benefit from having the right equipment. You’ll need the following barbershop equipment:

  • Barber chairs
  • Straight razors
  • Hand-held blow dryers
  • Styling products
  • Shampoo, conditioner, and other hair care products

In addition to coloring products, you may also need hair salon equipment if you plan to run a barbershop.

You will also need the following to keep your business running smoothly:

  • Cleaning products
  • Laundry machines
  • Point of sale (POS) software
  • Accounting software
  • A computer or tablet for the front desk (or a cash register)
  • Display cases
  • Waiting area furniture and decor
  • Your equipment costs can be anywhere from $50,000 to $100,000, depending on the amount you need and the quality of each piece.

12. Time To Attract The Customers

After fitting all the shop pieces in the proper places, it all comes down to attracting more customers. Here are some tips to follow:

Build A Digital Persona

Build a website for your brand and advertise it with the strong back hold of different social media platforms.

Offer Exclusive Discounts And Incentives

Offer different rewards and referral programs to new customers to bind them with your brand.

Provide Excellent Service

Customers stay loyal to the brand if they experience excellent services. Dash up your services with your unique touch to mesmerize your customers so that they keep coming in and even refer your name to others.

CONCLUSIONS

Barbering demands fantastic customers dealing socially and professionally. Provide the best ambiance and offer excellent services to magnetize more customers.

With strong determination and passion for the activity, you can quickly set up your own business and pave the way to the top in no time.

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Barber Shop Business Plan [Template + Example in 2024]

Barber Shop Business Plan [Template + Example in 2024]

Business plans are must-haves for starting or running a business, including a barber shop. These plans are generally used to get funding or attract new business partners. Additionally, it will help you attract investors. Simply put, a business plan improves the credibility of your business and persuades others to team up with you.

So, if you're starting a barber shop, you'll want a specific business plan that suits it. After all, business plans vary from business to business, and you'll want yours to be the best. For this reason, we made this article to give you a template for your barber shop business plan and example.

This template and example will help you write your business plan for your barber shop, know the elements to put in it, and lay it out for potential partners to see. We'll also answer other questions and concerns when making such a plan.

Without further ado, let's get into it!

How to Write a Barber Shop Business Plan?

Every barber shop business plan must have the following sections:

  • Executive Summary
  • Business Overview
  • Products and Services
  • Market Analysis
  • Marketing Strategy
  • Financial Planning
  • Operations Plan
  • Management Team

Now, let's discuss each section in detail together with examples.

1. Executive Summary

The Executive Summary is the first thing to include in your Barber Shop Business Plan. This part should provide an overview of your business's goals. It would help if you wrote this section last because it highlights what you plan to discuss in the remaining sections of your plan.

It is crucial to create a compelling executive summary. Besides its mission statement, it tells a little about what the company offers. Furthermore, you should include information about your experiences in the industry you're entering and the reasons you're starting the company.

The Executives is a classy, upscale barber shop offering a traditional vibe with modern tools and services. As such, it offers a relaxing spot for every kind of gentleman as they enjoy top-of-the-line grooming services in a masculine and therapeutic gentleman's club environment.

This business aims to serve the Long Island Area, where no upscale barbershop operates. Thus, this business attracts a distinguished clientele and a specialized market. We aim to become a highly sought-after destination to increase our clientele and profitability.

Our business aims to become a trusted destination besides being profitable. Here, our clients can replenish their energies and refresh their minds while they enjoy upscale and detailed grooming services. We also aim for it to be a place to connect with friends and colleagues!

2. Business Overview

In a business plan, a business overview provides a general description of your company. In this section, your audience learns about your company's structure, values, mission, and offerings. Additionally, it can show how your company stands out from the competition. Sometimes, it is called the Company Summary or the Company Description.

The Executives cater to their customers and clients with various upscale grooming services using high-end tools and well-trained barbers and stylists. This barber shop is in Long Island but remains accessible even to customers outside the area.

The company is founded five years ago by John Doe, a well-known stylist, and barber with over 30 years of experience, and provides a wide range of hair services. To attract and retain a solid customer base, he realized loyalty programs were an innovative method.

By launching The Executives, he aims to offer detailed yet relaxing grooming services to help his clients maintain their confidence, look good, and feel good.

In the past three years, the Executives have grown by more than 200% in loyal customers. We attribute that growth to our commitment to offering excellent services to new clients and markets and hope to double that within the next two years.

We are seeking an investment to help scale our barber shop and grow our team to cater to more clients simultaneously. We also aim to use those funds to help upgrade our tools to make our grooming services renowned and well-sought out.

3. Products and Services

Your business plan's Products and Services section describes the specific products and services you will offer. In this section, you'll discuss all aspects of buying, producing, selling, packaging, and delivery for your business. In this process, you'll review suppliers, costs, and how your product fits the current market.

The Executives offers exclusive men's services as an upscale barber shop. As part of our gentleman's club atmosphere, we offer our clients a variety of products and services, including:

  • Hair: Cutting, Styling, Coloring, Applying Highlights, Toning, Applying Treatments
  • Shaves: Classic Razor, Battery-Operated Shaves, Balm Application, Shaving Cream, Foam, and Aftershave Application
  • Nails: Manicures and Pedicures
  • Men's Services: Essential Peels, Facials, and Massages of Various Kinds
  • Hair Laser Removal: For Necks, Backs, Ears, and other Parts
  • Shaving Creams
  • Essential Oils
  • Shaving Tools

4. Market Analysis

This part of your business plan gives you insight into your potential customers and competitors.

This section should contain the following:

  • Competitive Analysis: The part that evaluates potential competition in your market's reach
  • Customer Analysis: The part that helps you identify and quantify the potential customers
  • Industry Analysis: The part that analyzes your industry's general environment

The Executives will target male professionals. According to a study, 80% of professional and working men receive hair and other grooming services during workdays. In addition, our business fits the demographics of the Long Island Area. Our business serves a population density of more than five thousand for every square mile.

The area where our business caters needs a professional grooming service exclusive to men. As such, it will be an excellent spot to cater to men and attract return customers.

5. Marketing Strategy

The marketing strategy is a company's overall approach to reaching prospective customers. Generally, a marketing strategy describes the key messages and value propositions the company offers its customers. As a result, it has information regarding who the target market is, where they can purchase the product, and what drives them to purchase it.

The Executives make several efforts to attract customers and promote the business. Here are some of the standard promotional methods we're already using:

  • Enhancing the storefront to attract customers
  • Using local newspapers and magazines for advertising
  • Getting in touch and collaborating with local bloggers and sites
  • Creating and distributing flyers for advertisements
  • Partnering with a local organization (e.g., gym members receive free beard trims with haircuts)
  • Advertising on local radio stations
  • Advertising at local venues with banners

6. Financial Planning

Financial planning is the section of your business plan that involves identifying financial goals and how individuals or businesses will achieve them based on the current financial situation. A financial plan is a roadmap that helps a person or business achieve financial success.

In the Executives Barber Shop, revenue will be generated from barber shop services and products sold. We will generate revenue through haircuts, shaves, beard trims, and shampoos. The business will also earn revenue from the rent it receives from its neighboring barbers.

Keeping the barber shop space leased will be a significant cost driver. Rent and utilities will be the main expenses, as are all other supplies necessary to run the barbershop.

Executives Barber Shop is seeking debt financing of $50,000 for the opening of its barber shop in Long Island, New York. Funds will be used to update the barber shop, purchase new equipment and supplies, and provide working capital.

Below is a breakdown of the proposed funding:

  • The cost of updating the barber shop: $30,000
  • Cost of equipment for the barber shop: $20,000
  • Supplies: $15,000
  • Capital: $8,000

7. Operations Plan

The Operations Plan in a business plan lays out how your team can implement actionable steps to reach your strategic plan goals. This section describes the tasks each department or employee must complete daily, weekly, and monthly.

The Executives Barber Shop's operations plan will be as follows:

  • John Doe owns and operates the barber shop alone. His duties will include providing payment to the property manager, purchasing barbershop supplies, and paying utilities.
  • Doe has no employees technically. Each barber will receive a 1099 tax form as an independent contractor.
  • Doe will rent out space and chairs to the other barbers at The Executives Barber Shop. Doe receives a monthly rent, but they keep all profits.
  • Doe will use a local CPA to prepare his tax returns and obtain all necessary licenses and permits.
  • Doe will pay his hired guy for the maintenance and design of the website.

8. Management Team

An effective management team is crucial to the success of your barber shop. Emphasize the skills and experiences of your key players that demonstrate their ability to grow a company.

Your team members and you should have direct experience in the industry. It would be helpful to highlight this experience and expertise. In addition, highlight any experience you believe will be helpful to your business.

While John Doe manages and runs The Executives Barbershop independently, he rents space and equipment to other barbers with more than five years of experience in the barbershop industry. Here's a quick recap of the other five barbers who will work at The Executives:

  • Justice Werner - Former Barber at Queens; worked for seven years at a Barber Shop
  • Alessandro Hayden - Freelance Barber doing home services for eight years
  • Mark Holland - Hair Stylist for Male Actors and Models at Staten Island
  • Kamren Vasquez - A former Barber in Brooklyn, moved to Long Island this year
  • Zack Mueller - Worked as a barber here at Long Island since 2010

Barbershop Business Plan PDF

Do you want to download a barbershop business plan example in PDF?

Here is the download link.

Let us know if you have any questions!

Barbershop Business Plan FAQs

Below are some of the frequently asked questions you may have about Barbershop Business Plans:

What Is a Barber Shop Business Plan?

In general, a Barber Shop Business Plan is just like any other business plan. However, it's tailored to lay down every piece of information about your business, helping you attract investors, gain funds, or even attract other establishments to work with you.

A Barber Shop Business Plan outlines the structure, flow, and all the details related to the particular shop. The report will include financial, marketing, and management information about the barbershop. If you're opening a new business, this will include your startup costs, market research, mission statement, and success strategy.

Why Is Barber Shop Business Plan Important?

A Barber Shop Business Plan is crucial for launching or running your business. With a business plan, you'll have a structure and written goal to follow. You'll also have a flow to stick to or change when necessary.

If you are looking for investors, adjusting your pricing strategy, choosing equipment, or hiring and training staff, your barbershop business plan will help every step.

Is Owning a Barber Shop Profitable?

A Barber Shop will always be one of the most profitable businesses because it's always in demand, and it's something customers need help to do.

Since it's service-oriented, you'll find it profitable when you or someone you hire caters to customers with superior service.

Whenever you open a barbershop, you will likely make and earn many profits if it is well managed.

If you plan to open or are already running a Barber Shop, you must make a business plan. This plan will help you outline your strengths, competition, goal, and workflow. Moreover, if you need some funding, you can earn grants or even attract some investors with an excellent business plan.

With this template, you can create your own Barber Shop Business Plan with details and all the necessary elements it needs. We hope the examples we made guide you as you run your business with your business plan.

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Barber Shop Business Plan Executive Summary Template

  • Great for beginners
  • Ready-to-use, fully customizable Doc
  • Get started in seconds

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Looking to start your own barber shop? Crafting a strong executive summary is essential for attracting investors and setting your business up for success. With ClickUp's Barber Shop Business Plan Executive Summary Template, you can create a compelling overview that highlights the unique value proposition of your shop and its potential for profitability in the booming grooming industry.

This template allows you to:

  • Clearly define your vision, mission, and target market
  • Analyze the competition and identify key differentiators
  • Showcase the high-quality services, comfortable environment, and skilled barbers that set your shop apart
  • Present financial projections and growth opportunities that investors can't resist

Don't miss out on the chance to secure funding and launch your dream barber shop. Get started with ClickUp's template today!

Benefits of Barber Shop Business Plan Executive Summary Template

Creating a powerful executive summary for your barber shop business plan can have a significant impact on attracting investors and securing funding. Here are some benefits of using the Barber Shop Business Plan Executive Summary Template:

  • Clearly communicate your business goals, vision, and mission to potential investors and stakeholders
  • Highlight the unique selling points of your barber shop, such as skilled barbers, exceptional customer service, and a comfortable environment
  • Showcase your understanding of the target market, competition, and industry trends, demonstrating your strategic approach
  • Present a compelling case for profitability and growth, showcasing the potential return on investment for interested parties

Main Elements of Barber Shop Business Plan Executive Summary Template

ClickUp's Barber Shop Business Plan Executive Summary template is the perfect tool to help you create a comprehensive and professional business plan for your barber shop.

Key elements of this template include:

  • Document Structure: Start with a pre-designed executive summary section to provide an overview of your business plan, followed by sections for market analysis, competitive analysis, financial projections, and more.
  • Custom Fields: Utilize custom fields to input specific information relevant to your barber shop, such as target market demographics, pricing strategies, marketing channels, and projected revenue.
  • Collaboration and Review: Easily collaborate with your team by assigning tasks and leaving comments within the document. Use ClickUp's Doc History feature to keep track of changes and revisions.
  • Custom Views: Access different views such as the Table View for a structured overview of your business plan, the Kanban View to track progress on individual sections, and the Document Outline View to easily navigate through the different sections of your plan.

With ClickUp's Barber Shop Business Plan Executive Summary template, you'll have all the tools you need to create a comprehensive and professional business plan for your barber shop.

How to Use Executive Summary for Barber Shop Business Plan

If you're starting a barber shop and need to create a business plan, don't worry - we've got you covered! Follow these steps to use the Barber Shop Business Plan Executive Summary Template and set yourself up for success:

1. Provide an overview of your business

Start by introducing your barber shop and giving a brief overview of what sets it apart from the competition. Explain your mission, vision, and values, and highlight any unique features or services that will attract customers.

Use the Docs feature in ClickUp to write a compelling and concise overview of your barber shop.

2. Define your target market

Identify your target audience - the specific group of people you want to attract as customers. Describe their demographics, interests, and needs, and explain how your barber shop will meet those needs better than anyone else.

Utilize custom fields in ClickUp to gather and analyze data about your target market.

3. Outline your services and pricing

Detail the range of services your barber shop will offer, such as haircuts, shaves, grooming products, and any additional services like facials or beard trims. Clearly state your pricing structure and explain how your prices are competitive and fair.

Create tasks in ClickUp to outline each service, including pricing and any special offers or packages.

4. Present your marketing and advertising strategies

Explain how you plan to attract and retain customers through effective marketing and advertising strategies. This could include social media campaigns, local partnerships, online advertising, or traditional methods like flyers and signage.

Use the Automations feature in ClickUp to schedule and automate your marketing efforts.

5. Outline your financial projections

Provide a projected budget and financial forecast for your barber shop. Include information on start-up costs, monthly expenses, revenue projections, and estimates of profit and loss. This will give potential investors or lenders a clear understanding of the financial viability of your business.

Utilize the Table view in ClickUp to organize and track your financial projections.

By following these steps and using the Barber Shop Business Plan Executive Summary Template in ClickUp, you'll have a comprehensive and well-structured plan that will impress potential investors and set your barber shop on the path to success.

add new template customization

Get Started with ClickUp’s Barber Shop Business Plan Executive Summary Template

Barber shop owners can use this Business Plan Executive Summary Template to create a compelling overview of their barber shop business and attract potential investors or partners.

First, hit “Add Template” to sign up for ClickUp and add the template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.

Next, invite relevant members or guests to your Workspace to start collaborating.

Now you can take advantage of the full potential of this template to create an impactful executive summary:

  • Start with an introduction that clearly defines the vision and mission of your barber shop
  • Identify your target market and explain how your barber shop meets their grooming needs
  • Conduct thorough market research to analyze the competition and identify your key differentiators
  • Highlight the unique value proposition of your barber shop, such as high-quality services, skilled barbers, and a comfortable environment
  • Outline your marketing and sales strategies to attract and retain customers
  • Provide financial projections and demonstrate the potential profitability and growth of your barber shop
  • Customize the template with your own content and branding to make it unique to your business.

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Barber Shop Business Plan Template

Written by Dave Lavinsky

Business Plan Outline

  • Barber Shop Business Plan Home
  • 1. Executive Summary
  • 2. Company Overview
  • 3. Industry Analysis
  • 4. Customer Analysis
  • 5. Competitive Analysis
  • 6. Marketing Plan
  • 7. Operations Plan
  • 8. Management Team
  • 9. Financial Plan

Start Your Barber Shop Plan Here

Barber Shop Company Overview

Who is regal men barber shop.

Regal Men Barber Shop is a locally owned and operated new barber shop located in Minneapolis, Minnesota. It is owned by local barber Maxwell Jackson, a community favorite who will provide professional and stylish haircuts to men of all ages. Regal Men Barber Shop will be located in a highly-trafficked strip mall on one of Minneapolis’ busiest streets. The barber shop will be surrounded by shopping, restaurants, gyms, and a laundromat. Maxwell chose that location because it will be convenient for a man to drop off his laundry and walk over to the barber shop for a haircut while they wait for their laundry. Because it is located next to a gym, someone can stop in for a haircut before or after their workout.

Regal Men Barber Shop will provide haircuts, fades, designs, shampoos, hot towel shaves, and beard trimming. His barber shop will consist of six chairs for other barbers to rent, 2 shampoo stations, and a comfortable waiting area. The razors, scissors, and combs will be thoroughly cleaned after each use, and the towels used will always come out warm and fresh. Not only is he an expert at cutting hair, Maxwell is well-known for providing the best hot shave in town.

Regal Men Barber Shop History

Regal Men Barber Shop is owned and operated by Maxwell Jackson. Maxwell has been cutting hair for over fifteen years and has made a name for himself in the barber industry. He has been working for the past ten years at a popular barber shop and has accumulated a legion of loyal clients. The owner of the barber shop recently decided to retire and close up his barber shop. Due to the urging of his clients and others in the community, Maxwell has decided to lease the existing space from the property manager and reopen it as his own business. He will rename it as Regal Men Barber Shop, do light construction in the interior to update the layout, and replace worn out waiting room furniture, barber chairs, and replace the supplies.

Since incorporation, Regal Men Barber Shop has achieved the following milestones:

  • Leased the 1,500 square foot barber shop space.
  • Began light construction of the barber shop.
  • Registered Regal Men Barbers, LLC to transact business in the state of Minnesota.
  • Have chair leasing contracts in place for the existing barbers to now work in Maxwell’s shop.

Regal Men Barber Shop Services

Regal Men Barber Shop will offer the following barber shop services:

  • Hot towel shaves
  • Beard trimming
  • Senior citizen cuts (62 and over)
  • Kids cuts (10 and under)

Moscow Barber Shop

Text preferred (208)907-5382

Queer Friendly & Gender Neutral Barber Shop

barber shop barber business plan

The options have changed, please read them carefully before choosing. 

If you have any questions feel free to reach out. 

Due to supply and demand I am in the process of updating my pricing and services offered.  

I am no longer considering skin fades to be classic short haircuts and will be charged accordingly.  Please read through the service options before choosing. 

Long hair options for drying have also changed to reflect the time and impact on my wrists. 

Sierra started in 2008 as a Cosmetologist at Mr. Leon's School of Hair Design and switched to barbering in 2019 at Paul Mitchell the School in Boise, ID.  She opened Moscow Barber Shop in August of 2019.  Sierra specializes in straight razor shaving and beard sculpting and she is proud to offer a queer friendly place for you to get pampered. She will leave you relaxed while looking and feeling great!

Stay on the cutting-edge

We are by appointment only..

 Walk- ins are not accepted

111 South Jackson Street, Moscow, ID, USA

(208)907-5382 [email protected]

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I've lent people more than $63 million to buy homes and start businesses: 'If you see a problem, fix the problem'

  • Some Black residents of Little Rock, Arkansas, struggled to borrow money from traditional banks.
  • Local barber Arlo Washington started giving cash loans to help people pay rent and bills. 
  • Washington now runs his own credit union, which has helped neighbors buy homes and open businesses.

Insider Today

This as-told-to essay is based on a conversation with Arlo Washington, a 46-year-old Arkansas barber who started a college to train barbers, a loan fund, and a credit union. Washington is the subject of the Oscar-nominated documentary short film, " The Barber of Little Rock ." The following has been edited for length and clarity.

I'm from Central Arkansas, the west side of Little Rock. I was born and raised there.

The city is diverse, but it's also economically segregated. Growing up, I lived in a low-income housing project area. I remember seeing disparities like dilapidated buildings and people struggling. It looked like concentrated poverty.

I wanted the prosperity of the more affluent side of town to extend to areas where I saw economic disparity. I didn't want to see boarded-up houses or businesses closing.

When I started my career as a barber, I aspired to be the change that I wanted to see in Little Rock. I wanted to advance equity and create new jobs.

Today, I'm the owner of a barber shop and the founder of the Washington Barber College. The college has 50 students and employs eight barbers.

I'm also the founder of the People Trust Loan Fund, which provides consumer and small business loans, as well as development services for disadvantaged small businesses and financial literacy for consumers, and the People Trust Community Federal Credit Union, which offers consumer and auto loans to those having a hard time qualifying with traditional banks. We have a location is in the community where I was born.

The credit union offers loans ranging between $500 to $50,000. We take on high-risk loans and work with people who have lower credit scores, so interest rates are anywhere from 4% up to 10%. If it's a small-dollar loan, we give from six months to a year for repayment. If it's a $50,000 loan, we go up to 72 months. To date, we've processed 6,220 loans, totaling $63,358,627.

The majority of the People Trust's borrowers are African-American.

The loans and grants we've provided have helped individuals who were unable to purchase homes become first-time homebuyers. Our clients have also opened a wide range of different types of businesses, including food trucks, barber and beauty shops, event spaces, and restaurants.

We've been focused on being the intermediary, and facilitating transactions that have reduced poverty and helped close the wealth gap in Little Rock.

It all started with a barber shop

When I first started out, I couldn't get a loan at any traditional financial institution and was unbanked.

I didn't have credit or a rich uncle who would say, "Here's some startup capital." I had to be creative and figure out where I was going to get the funds to do certain things.

I was enrolled at the University of Arkansas at Little Rock and had received a credit balance check from a financial aid student loan. The check was $1,732 to be exact. I remember the amount because I was like, "I gotta do something. I need to leverage this in a way that I can't go backwards — I need to go forward."

I took $500 from the check and put it down on a rental space for a barber shop. To get it up and running, my customers, family, and friends also pitched in to help.

In the first year, the shop grew to nine chairs. I later purchased another barber shop, and with the profits from that business, bought an additional shop that was going out of business. I inherited about 27 employees.

I wanted my product to be consistent, so I trained those barbers and stylists. I noticed that some of them would get trained and go right out across the street and open up a business. I decided that I should probably establish a school.

The idea was to train and place barbers throughout the city, so we could create more financial opportunities.

We now have multiple locations where we employ and train barbers and help be a positive influence and a resource. Barbers are pillars of their communities — the cornerstones of the brick buildings. We hold up the community, especially in challenging times.

We're a safe haven.

I wanted to help my underserved community

The People Trust Loan Fund emerged out of unmet credit needs in the community.

In 2009, Arkansas became a credit desert due to the prohibition of payday lending . While our legislators did a great job of getting rid of predatory payday loans, they did not create a safe alternative. As community members were not able to access small-dollar loans, more people were turning to family, friends, and loan sharks.

People would come into the barber shop or college and say, "Mr. Washington, can I borrow some money?" How do you say no to customers who have been supporting you for years when they need help?

In 2013, one of my customers lost their job and needed $150. I loaned them the money, and a few weeks later, he came back and paid me. Then, his wife asked for a $150 loan, too. When the couple came back to repay her loan, they brought their cousin. It just took off from there.

At first, People Trust started out as a social service organization, a nonprofit.

We would provide sack lunches and assistance to low-income students returning to school. We would also pick up homeless individuals and bring them to the barber shop to provide haircuts.

There was a homeless man who enrolled in the Washington Barber College, and one particularly cold day, we found him sleeping underneath the trailer behind the barber school.

That really made us want to offer more to help the community. In 2014, we changed all of our organizational structures and by law became a financial institution. Our focus shifted more to lending and financial literacy. In 2016, we became CDFI-certified and received support from the Winthrop Rockefeller Foundation. The Treasury Department also supported us with a technical assistance grant.

We give everyone a chance

The People Trust Loan Fund is a nonprofit organization that is governed by a 100% African-American board and 90% staff. It provides assistance with rapid rehousing and homeless prevention for those facing eviction.

We also provide emergency grants. If an individual needs clothes for a job interview, or they lost their job and they're about to be evicted, we can provide them with grants to help them regain their economic mobility and stay housed.

The credit union takes on a holistic approach and meets community members wherever they are on their financial journey.

We're not just going to look at your credit score and say, "No, you're denied." We'll look at your ability to repay the loan and evaluate your cash flow. If you have the cash flow, we'll make a loan that supports your budget.

If you're not showing the ability to repay, lack sufficient documentation, or have very low credit scores or are credit invisible, then we'll provide some counseling.

It usually goes like this: "Hey, look, we know you want to borrow $3,000, but maybe we need to start you out with a loan ranging from $500 to $2,500, and then let's see how that goes." Once they demonstrate their ability to make these payments, then we consider increasing the loan size.

There was a 60-year-old lady who had never purchased a home and always wanted her own, but she had some credit card debt. We provided her with a debt consolidation loan, and she just closed on her new home.

We also had a community member who was denied a loan from a large, traditional bank. She received four installment loans from us throughout the year. Each time, she would get a small loan, pay it off, and then get another small loan. Her credit score increased as a result. Eventually, she was able to get a larger line of credit from a traditional bank.

Our credit union is a Minority Depository Institution, which allows us to open accounts and serve members from anywhere in the country.

What we're doing is focusing on areas without bank branches, but with a high population density. For instance, we're preparing to open another branch in Little Rock and in the rural community of Wrightsville, Arkansas.

I can't believe my story is nominated for an Oscar

When my story was captured in "The Barber of Little Rock," I knew the directors were great in their profession. But I never in a million years imagined it would be nominated for an Oscar. I would have never thought about that, and I don't think my staff did either.

I'll be attending this year's Oscars. It feels surreal and amazing. I'm so happy that the story can be shared with the world. Having so many people view the film has resulted in a noticeable impact.

I've received so many emails from people who want me to come and do the same thing in their communities. I also have consulting offers and speaking engagements.

I believe that what I've been able to accomplish is something that speaks to my resilience as an entrepreneur. It's also a reminder that you can create opportunities from wherever you are.

If you see a problem, fix the problem.

barber shop barber business plan

Watch: LA’s best barber is this woman, and she’s breaking gender stereotypes

barber shop barber business plan

  • Main content

Watch CBS News

San Francisco barbershop fights graffiti with rubber ducks

By Itay Hod

February 22, 2024 / 11:24 PM PST / CBS San Francisco

SAN FRANCISCO -- A longtime San Francisco barber, Shorty Maniace, has never been the type to ruffle anyone's feathers.

But when faced with unsightly graffiti next to his beloved barbershop J.P. Kempt , rather than duck responsibility, Maniace hatched a plan.

"This was just me messing around and having fun and it turned out to be something great," Maniace said 

His weapon of choice? Rubber duckies. Hundreds of them. 

"I see a lot of people smile and I smile every time I look at it," he said. 

It all started innocently enough, Maniace had some rubber ducks left over from a Halloween party and decided to put them to good use. 

"Who doesn't love a rubber duck?" he asked. 

Armed with a drill and a vision, he began attaching funny fowl to the boarded-up business next door.

The result is a colorful work of art. So colorful, in fact, it has become a hotspot for influencers looking for some duck-themed dazzle. 

"I've never seen a duck wall before and I just had to take a selfie," said San Francisco resident Sherlin Wong

All in all, he's got about 700 rubber duckies of different shapes and colors. There's a pirate, a unicorn, a clown and some that aren't ducks at all.  

"I've had people ask me, 'Does it come from China?' I tell them, 'I don't know where they migrated from but they're safe here now,'" Maniace said. 

When someone occasionally spray-paints them, Maniace quickly finds a replacement. 

"What I've noticed more than anything is stealing," he said. "I would love to be the fly on the wall to see that duck cartel."

His unconventional approach has even received a stamp of approval from the city.  

"I absolutely loved this. It really quacked me up," said Rachel Gordon, a spokeswoman for the San Francisco Department of Public Health. 

According to Gordon, the city spends far more than $10 million a year fighting graffiti. She said any effort to stop it is welcome, as long as it's legal. 

"As long as the rubber ducks are not blocking the path of travel, which they're not, it's fine what they did. What I especially appreciate is that he asked the property owner, 'Is this OK to do?'" she added. 

Turns out, those rubber ducks aren't just good for the neighborhood -- they're also good for business. 

"This was a corner nobody looked at and now more and more people are going, 'I had no idea there was a barbershop here,'" Maniace said.

  • San Francisco

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Sheraton Palace Hotel Moscow

Sheraton Palace

  • Fitness/Gym
  • On-site Dining
  • Meeting facilities
  • Air conditioning
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Tourist attractions in

  • Monument Farewell of Slavyanka  - 350 m
  • House on Brestskaya  - 450 m
  • National Konservatorium  - 2.1 km
  • Monument to A. A. Fadeyev  - 450 m
  • Art Gallery of the Moscow Union of Artists  - 200 m
  • "Arbat" in Moskau  - 2.5 km
  • The Kremlin  - 3.1 km
  • Red Square  - 3 km
  • The A. Mirek Museum of Russian Harmonics  - 500 m
  • White Square  - 500 m
  • Sheremetyevo International  - 27 km
  • Belorussky Train Station  - 600 m

Prices & Availability

  • Safe deposit box
  • Rooms/ Facilities for disabled
  • 24-hour security
  • Electric kettle
  • Bar/ Lounge area

Leisure & Sports

  • Exercise gym
  • 24-hour room service
  • Medical facilities service
  • Bell staff/Porter
  • Business centre

Room Amenities

  • Sitting area
  • Dressing area
  • Tea and coffee facilities
  • Dining table
  • Ironing facilities
  • Free toiletries
  • Flat-screen TV
  • AM/FM alarm clock
  • Babysitting/Child services
  • Carpeted floor
  • Extra beds policy
  • No extra beds are available.
  • No cots are available.
  • ✈ What is the closest airport to Sheraton Palace Hotel Moscow? The nearest airport is Sheremetyevo International and it is located within 29 minutes' drive.
  • 📱 Does Sheraton Palace Hotel Moscow provide any facilities for business guests? Sheraton Palace Hotel Moscow provides computers and a photocopy machine for business guests.
  • 🌇 What's the distance between Sheraton Palace Hotel Moscow and the city centre? Sheraton Palace Hotel Moscow is placed within just 30 minutes' walk from the centre of Moscow.
  • 🍜 What restaurants does Sheraton Palace Hotel Moscow feature? Onsite restaurants at Sheraton Palace Hotel Moscow include Vladimir restaurant serving Japanese dishes and Piano restaurant, famous for European cuisine.
  • ❓ Is breakfast free in Sheraton Palace Hotel Moscow? Yes, in Sheraton Palace Hotel Moscow breakfast is provided for free.
  • 🍹 What restaurants near Sheraton Palace Hotel Moscow are recommended? Guests can go to a nearby restaurant Ryba Moya for a taste of European cuisine.
  • ❓ What payment methods are available in Sheraton Palace Hotel Moscow? At Sheraton Palace Hotel Moscow you can pay using Mastercard, American Express and Visa.
  • 💵 How much does it cost to stay at Sheraton Palace Hotel Moscow? The price for a room at Sheraton Palace Hotel Moscow starts at $102.
  • ❓ What are the amenities available in Sheraton Palace Hotel Moscow? Facilities available in Sheraton Palace Hotel Moscow are represented by a spa area, a solarium and a barber shop.
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Travelling to Moscow?

Find your perfect place to stay!

Great locations and deals for every budget.

Chop-Chop in Moscow

  • HAIRCUT 2500 R.
  • BOY'S 2000 R.
  • BEARD TRIM 1400 R.
  • BUZZ 1400 R.
  • WET SHAVE 2200 R.
  • HAIR STYLING 1100 R.
  • MANICURE / PEDICURE STARTING AT 1 600 R.
  • GIFT CARDS STARTING AT 2 000 R.
  • Special offer
  • 20% Savings for First Time Visitors
  • 15% OFF on Your Birthday

barber shop barber business plan

Our product line

Simplify your everyday grooming regimen with our multitasking product line. Chop-Chop offers a wide array of styling and care products including hair pomades, daily shampoos and shaving essentials. Formulated by barbers with years of experience in men’s haircuts and style, all products are made locally in Moscow.

Shop Online

Our web shop stocks everything a modern gentleman needs in his everyday grooming routine, from styling pomades to toothpastes and travel accessories. We deliver all across Russia.

Clay

Chop-Chop is so much more than just a hair salon. Each and every barbershop in our growing family is a social place. From the very start in early 2011, we were committed to the quintessential barbershop experience for the modern man and set in motion the modern barbershop movement in Europe. Today, in addition to our 90+ locations throughout the world, our best-selling product line is sold through our own stores, as well as the major online retailers. Our barbering courses at Chop-Chop Academies came the industry standard. INTERESTED? If you are interested in Chop-Chop franchise agreement, share our passion and meet our criteria, we would like to hear from you!

General interest: [email protected]

Feedback: [email protected]

Work with us:  [email protected]

Media and PR:  [email protected]

barber shop barber business plan

Moscow City Center Hotels

Going to moscow.

When visiting Moscow, Russia, there are many choices of hotels from which to choose. However, if you are looking for centrally located hotels that are convenient to all the attractions and amenities of the city, then you should consider staying at a hotel in the Central district.

Central Moscow is home to some of the city's most famous landmarks, including the Kremlin and Red Square. It is also where you will find many of Moscow's best restaurants, shops and nightlife. Staying in the heart of the city means you can easily walk to all the major attractions, and you are also within walking distance of the Moscow Metro, making it easy to get around.

There are a number of centrally located hotels in Moscow to choose from, including the Novotel Moscow Centre, the Radisson Blu Royal Hotel, the Hilton Moscow Leningradskaya and the Renaissance Moscow saved. All of these hotels offer excellent facilities and service, and are within easy reach of all the attractions and amenities that Moscow has to offer.

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Offering a Jacuzzi and a barber shop, the 3-star Eden Hotel Moscow is located within 1.5 km from The Moscow Kremlin. The surrounding area includes Moscow Choral Synagogue and Kitay-gorod tube station within 550 metres from the venue.

Situated in Basmanny district, the hotel is set 10 minutes' drive from the art museum "State Tretyakov Gallery". The centre of Moscow is nearly 2 km away. The property is located close to John the Baptist Chapel.

barber shop barber business plan

Courtyard By Marriott Moscow City Center

Featuring a hairdresser, a beauty salon and a restaurant, Courtyard By Marriott Moscow City Center Hotel offers accommodation in Presnensky district, 1.5 km from the huge 19th-century Grand Kremlin Palace. Set close to Tverskaya Street, this venue boasts elegant rooms along with a cable flat-screen, entertainment activities and a bar available onsite.

The celebrated Red Square is less than 1.3 km away. The property lies within a 10-minute walk of the centre of Moscow. Courtyard By Marriott Moscow City Center Hotel is just a short walk from Moscow Conservatory.

barber shop barber business plan

Azimut Hotel Smolenskaya Moscow

The 4-star Azimut Hotel Smolenskaya Moscow is placed 2.9 km from the lavish neoclassical repertory theater "Bolshoi Theatre". Set close to Ministry of Foreign Affairs, this venue boasts modern rooms along with a shared lounge, a lending library and entertainment activities available onsite.

Situated in Arbat district, the accommodation is set 1 km from Novy Arbat Street. The centre of Moscow is approximately 30 minutes' walk from the property. Azimut Hotel Smolenskaya Moscow is a short ride from Gorky Central Park of Culture and Leisure.

Cheap Hotels in Central Moscow

barber shop barber business plan

Savoy Hotel

Savoy Hotel provides 5-star accommodation in the very heart of Moscow, about 5 minutes' drive from the huge 19th-century Grand Kremlin Palace. Set near the lavish neoclassical repertory theater "Bolshoi Theatre", the venue overlooks the city and invites guests to have a drink at a lounge bar.

The property is set in Meshchansky district, 150 metres from Kuznetsky Most underground station. The Moscow Kremlin is set just 0.8 km away. Savoy Hotel is a short ride from Lenin's Mausoleum.

barber shop barber business plan

Slavyanka Hotel

Offering billiards and a bar, Slavyanka Hotel Moscow is located 3.4 km away from the celebrated Red Square. Set 10 minutes' drive from the huge 19th-century Grand Kremlin Palace, it is an impressive accommodation to stay in Meshchansky district of the city.

The venue is situated in the centre of Moscow, just off the massive Central Armed Forces Museum of Russian Federation. Moscow Circus on Tsvetnoy Boulevard is 17 minutes on foot from the hotel. Grandpa Durov's Corner Theater is also located near the property.

Hotels in Moscow

barber shop barber business plan

Novotel Moscow Kievskaya

Offering direct access to Novy Arbat Street, Novotel Moscow Kievskaya enjoys an excellent location in the very heart of Moscow. Entertainment activities and a bar plus Russian meals are available at the property, set in Third Transport Ring district.

The celebrated Red Square and the huge 19th-century Grand Kremlin Palace are located at 3.7 km and 3.8 km respectively. The hotel stands 250 metres from Kiyevskaya tube station.

5 Star Hotels in Central Moscow

barber shop barber business plan

Fligel Moscow

The 3-star Fligel Moscow comprises non-smoking rooms 2.7 km from the huge 19th-century Grand Kremlin Palace. Free WiFi is available throughout the venue as well as a baggage storage and a safety deposit box are available on site.

This accommodation is set within easy reach of Lubyanka Square and in the very heart of Moscow. The historic Bolshoi Theatre is 1.3 km from the hotel, while Sheremetyevo International airport is 35 km from it. Fligel is a short ride from the celebrated Red Square.

barber shop barber business plan

Metallurg Hotel Moscow

Set in the very heart of Moscow, Metallurg Hotel is about a 25-minute walk from Olympic Stadium. You can benefit from storage for belongings, a cash machine and a vending machine.

The venue is set in Third Transport Ring district, within easy reach of Jewish Museum and Tolerance Center. All-Russian Exhibition Center Event Accommodation is only 1.9 km of the property. Metallurg Hotel is a short ride from the historic Bolshoi Theatre.

barber shop barber business plan

Hotel Circus Moscow

Located in Meshchansky district, Hotel Circus Moscow is next-door to Tsvetnoy Central Market and a 5-minute drive from the huge 19th-century Grand Kremlin Palace. To ensure an exceptional stay in Moscow, helpful staff stands ready to provide 24-hour front desk and 24-hour security.

The historic Bolshoi Theatre is less than 1.4 km away. The city centre is also 2 km away. The venue is located near Nativity Convent Nunnery.

Hotels in Central Moscow with Parking

barber shop barber business plan

Tverskaya Loft Moscow Hotel

Tverskaya Loft Moscow Hotel, located 2.3 km from the celebrated Red Square, features free WiFi in the rooms. The nearest tube station is Chekhovskaya, a 5-minute walk away.

Situated in Tverskoy district, the inn is set 2.5 km from the 21.5-hectare Moscow Zoo. The city centre of Moscow can be reached in 15 minutes on foot. Moscow Academic Musical Theatre of Stanislavski and Nemirovich-Danchenko is also located near the venue. You can get to the urban public park "Alexander Garden" in a few minutes by car.

barber shop barber business plan

Hotel Voyager

Offering a hairdresser and a beauty salon, the 3-star Hotel Voyager Moscow is located 3.4 km away from the celebrated Red Square. Situated in Third Transport Ring district, the venue is set 3.4 km from the Orthodox church "Saint Basil's Cathedral".

This accommodation is 5 km from the centre of Moscow and 36 minutes by car from Vnukovo International airport. You can get to the huge 19th-century Grand Kremlin Palace in a few minutes by car.

barber shop barber business plan

Four Seasons Hotel Moscow

This venue is located in the very heart of Moscow, near the initials GUM and 5 minutes' walk from the celebrated Red Square. Guests will enjoy an indoor pool onsite and admire views of the street offered from 180 rooms.

The huge 19th-century Grand Kremlin Palace is less than 1 km away. The accommodation stands 150 metres from Okhotny Ryad tube station. The urban public park "Alexander Garden" is located near the property.

Hotels in Central Moscow with Pool

barber shop barber business plan

Standart Hotel Moscow. A Member Of Design Hotels

Featuring a spa centre, allergy friendly rooms and a sauna, Standart Hotel Moscow. A Member Of Design Hotels is located not far from Tverskaya Street. 1.4 Km from The Moscow Kremlin, the venue is also 2.1 km away from the tall cracked bronze Tsar Bell.

Situated in Tverskoy district, this accommodation is 15 minutes walk from the centre of Moscow. The hotel stands 150 metres from Chekhovskaya tube station. You can get to the lavish neoclassical repertory theater "Bolshoi Theatre" in a few minutes by car.

barber shop barber business plan

Moscow Marriott Grand Hotel

The 5-star Moscow Marriott Grand Hotel is located in the business area of Moscow, about a 5-minute drive from the huge 19th-century Grand Kremlin Palace. Boasting location next to the main radial Tberskaya Square, the venue offers 387 rooms together with a lounge bar onsite.

Situated in Tverskoy district, the accommodation is set 0.6 km from Anatoly Zverev Museum. The centre is a 20-minute walk away from this exclusive hotel. The legendary classical Tchaikovsky Concert Hall is just few minutes' walk away.

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Ibis Moscow Kievskaya Hotel

Offering an indoor swimming pool and a restaurant, Ibis Moscow Kievskaya Hotel is set 4 km away from the historic Bolshoi Theatre. Moskva Kievskaja train station is a 5-minute walk away, while a short walk to Kiyevskaya tube station will take 5 minutes.

The venue is 20 minutes' stroll of Novodevichy Convent. The centre of Moscow is 4 km away. You can get to Gorky Central Park of Culture and Leisure in a few minutes by car.

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Moss Boutique Hotel Moscow

Located 2.9 km from the intriguing Saint Basil's Cathedral, the 5-star Moss Boutique Hotel Moscow features a library and a bar. The venue is set in Basmanny district, within easy reach of Lubyanka Square.

The accommodation is situated 2 km from Moscow city centre and 35 km from Sheremetyevo International airport. Solovetskiy Stone is set 600 metres away. Moss Boutique Hotel is a short ride from the celebrated Red Square.

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Kalinka Hostel Moscow

This hotel is located in the very heart of Moscow, near Tsvetnoy Central Market and 25 minutes' walk from the tall cracked bronze Tsar Bell. Guests can enjoy Wi Fi throughout the property, as well as free private parking and allergy friendly rooms on site.

The lavish neoclassical repertory theater "Bolshoi Theatre" is less than 1.5 km away. The hotel stands 250 metres from Tsvetnoy Bulvar tube station. Monument to Yuriy Nikulin is a few minutes away.

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Holiday Inn Express - Moscow - Paveletskaya, An Ihg Hotel

Featuring free parking, a meeting room and a restaurant, Holiday Inn Express - Moscow - Paveletskaya, An Ihg Hotel is 10 minutes’ drive from the celebrated Red Square. Situated in Zamoskvorechye district, the venue is set 3 km from the huge 19th-century Grand Kremlin Palace.

The accommodation is located in the centre of Moscow, a short walk from Church of the Holy Martyrs Florus and Laurus. The hotel stands 800 metres from Paveletskaya tube station. You can get to Cathedral Central Square in a few minutes by car.

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Grand Hotel Belorusskaya

The 4-star Grand Hotel Belorusskaya Moscow is set 0.5 km from Old Believers' Church in the Name of St. Nicholas and 3.5 km from the urban public park "Alexander Garden". Featuring 125 rooms with views of the courtyard, this venue is set within a short ride from the celebrated Red Square.

The accommodation is situated in Tverskoy district, near Underground Printing House of 1905-1906. The centre of Moscow is 4 km away from the hotel.

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Hotel Baltschug Kempinski Moscow

Hotel Baltschug Kempinski Moscow lies in a perfect location in Moscow, a short walk from Novokuznetskaya Street. Located at a reasonable distance from the huge 19th-century Grand Kremlin Palace, the venue offers 227 rooms with spectacular views.

The celebrated Red Square is less than 1 km from the accommodation, while Vnukovo International airport is 35 km away. The tall cracked bronze Tsar Bell is 2.1 km away from the hotel. Cathedral Central Square is also located near the property.

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N-House Hotel

N-House Hotel Moscow is a 3-star accommodation 2.3 km from the huge 19th-century Grand Kremlin Palace. The venue provides 10 guestrooms appointed with free Wi-Fi, satellite TV and coffee/tea makers for a pleasant stay in Moscow.

Situated in Zamoskvorechye district, the hotel is set 2.3 km to Cathedral Central Square. The city centre is close by, about 15 minutes' walk away. Novokuznetskaya Street is also located near the property. You can get to the intriguing Saint Basil's Cathedral in a few minutes by car.

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  2. Barbershop Business Plan Template Sample Pages

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  3. BARBER SHOP BUSINESS PLAN

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  4. FREE 6+ Barber Shop Business Plan Samples [ Men's, Saloon, Startup ]

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  5. Barbershop Business Plan Template Sample Pages

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  6. How To Make A Business Plan For A Barber Shop

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COMMENTS

  1. Creating a Barbershop Business Plan

    No way. Building the ultimate business plan for your barbershop is the key to creating the success you desire, but it can also be an enormously fun exercise to help you bring your dream to life. Let's face it, business plans are important.

  2. Barber Shop Business Plan Template (2024)

    What Is a Barber Shop Business Plan? What Are the Main Types of Barber Shops? What Are the Main Sources of Revenue and Expenses for a Barber Shop Business? How Do You Get Funding for Your Barber Shop Business Plan? What are the Steps To Open a Barber Shop Business?

  3. Barbershop Business Plan: A Perfect Guide [Get Free Template!]

    Write for Us How to Create the Perfect Barbershop Business Plan [Free Template Inside!] August 15, 2021 | Leave a comment You have the skills. You got the passion. You've acquired the know-how. Starting a barbershop is a good option too, because in 2021 alone, there was a 1.3% rise seen in the grooming industry.

  4. Barber Shop Business Plan Template: A Step-by-Step Guide (2024)

    Download Template Create a Business Plan Starting a Barber Shop Business can be much easier when you have a well-laid-out plan for your business. Other than the professionals you'd require to hire, there are many other factors that you need to get the upper hand on before the launch.

  5. How to Start a Profitable Barber Shop Business [11 Steps]

    1. Perform market analysis. 2. Draft a barber shop business plan. 3. Develop a barber shop brand. 4. Formalize your business registration. 5. Acquire necessary licenses and permits for barber shop. 6. Open a business bank account and secure funding as needed. 7. Set pricing for barber shop services. 8. Acquire barber shop equipment and supplies. 9.

  6. Barber Shop Business Plan Template and Guide [Updated 2024]

    A solid business plan provides a snapshot of your barber shop as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes a marketing plan and market research to support your plans. Your plan should also include a full financial model including ...

  7. How to Start a Barbershop Business in (2024): Step-by-Step Guide

    Before diving in, you must draft your barbershop business plan that outlines all these costs. What is the Average Barbershop Profit Margin? The earnings of a barbershop business can vary based on several factors.

  8. Barbershop Business Plan 101: A Comprehensive Guide

    A barbershop business plan is a written document that outlines the key aspects of a barbershop business, such as its goals, strategies, target market, competition, financial projections, and operational requirements.

  9. How to Create a Business Plan for your Barbershop

    Your barber shop business plan is your roadmap—it outlines what your business is and how it may evolve. It anticipates the questions of your potential partners or investors and ensures your goals are specific and measurable. Consider this article a roadmap of the roadmap as a future business owner.

  10. How to Write a Barber Shop Business Plan in 2024?

    Author: Bartek Kulasza 3 Dec 2023 Having a detailed and professional barber shop business plan is important for anyone working on opening a new barbershop. It can also be an excellent roadmap for growing your barber business. What You Will Learn

  11. The #1 Barber Shop Business Plan Template & Guidebook

    How to Write a Barber Shop Business Plan in 7 Steps: 1. Describe the Purpose of Your Barber Shop Business. The first step to writing your business plan is to describe the purpose of your barber shop business. This includes describing why you are starting this type of business, and what problems it will solve for customers.

  12. Business Plan For Barber Shop: A Step-By-Step Guide

    Creating a business plan for a barber shop involves outlining your vision, operations, and financials. A detailed guide helps you navigate through each essential step of the formation. Crafting a compelling business plan for a barber shop is critical for securing funding, guiding your strategic decisions, and charting a path for growth.

  13. Barber Shop Business Plan [Sample Template]

    1. Industry Overview Basically a barbershop is a place where people go to cut their hair and of course it is the working place of a barber. A barber is a person whose livelihood is mainly to cut, dress, groom, style and shave men's and boys' hair and in some cases ladies / girls who keep low cut.

  14. 12 Strategies for Starting a Barber Shop Business [Business Plan

    A lack of skilled and professional barbers. The risk of accidents and misunderstandings with customers. 2. Hone Your Skillset. Aside from being presentable and friendly, you will need proper skills to start and grow your shop. Before starting your own business, research the latest hairstyles and hone your skills.

  15. Barber Shop Business Plan [Template + Example in 2024]

    Funds will be used to update the barber shop, purchase new equipment and supplies, and provide working capital. Below is a breakdown of the proposed funding: The cost of updating the barber shop: $30,000. Cost of equipment for the barber shop: $20,000. Supplies: $15,000.

  16. Barbershop Business Plan Sample [2024]

    2.1 The Business Hank's Barber Care will be a barbershop startup owned by Hank Peterson. The business will work to provide haircutting and salon services throughout Morristown. It will offer several services ranging from cutting, trimming, waxing, shaving, and hair color. Start your Business Plan Now Start My Business Plan

  17. Barber Shop Business Plan Executive Summary Template

    ClickUp's Barber Shop Business Plan Executive Summary template is the perfect tool to help you create a comprehensive and professional business plan for your barber shop. Key elements of this template include: Document Structure: Start with a pre-designed executive summary section to provide an overview of your business plan, followed by ...

  18. Barber Shop Business Plan Operations Plan

    6/1/202X - Finalize lease agreement for 1,500 square foot barber shop. 6/10/202X - Begin light construction to update and modernize existing barber shop. 7/1/202X - Purchase new chairs, barber stations, and shampoo stations for the barber shop. 7/15/202X - Begin social media campaign announcing the former barber shop will soon be ...

  19. Barber Shop Business Plan Company Overview

    Regal Men Barber Shop will provide haircuts, fades, designs, shampoos, hot towel shaves, and beard trimming. His barber shop will consist of six chairs for other barbers to rent, 2 shampoo stations, and a comfortable waiting area. The razors, scissors, and combs will be thoroughly cleaned after each use, and the towels used will always come out ...

  20. Moscow Barber Shop

    Sierra started in 2008 as a Cosmetologist at Mr. Leon's School of Hair Design and switched to barbering in 2019 at Paul Mitchell the School in Boise, ID. She opened Moscow Barber Shop in August of 2019. Sierra specializes in straight razor shaving and beard sculpting and she is proud to offer a queer friendly place for you to get pampered.

  21. I wanted to help my underserved community

    In the first year, the shop grew to nine chairs. I later purchased another barber shop, and with the profits from that business, bought an additional shop that was going out of business. I ...

  22. San Francisco barbershop fights graffiti with rubber ducks

    When he was faced with unsightly graffiti next to his beloved San Francisco barbershop J.P. Kempt , proprietor Shorty Maniace hatched an unusual plan instead of ducking responsibility.

  23. Sheraton Palace Moscow

    You can find the huge 19th-century Grand Kremlin Palace, which is a great place to explore the area, 3.2 km from the upscale Sheraton Palace Hotel Moscow. The initials GUM is about 10 minutes' drive away, while Kursky is situated at a 6 km distance from the accommodation. Being conveniently located close to Belorusskaya - Zamoskvoretskaya Line ...

  24. Barbershop Chop-Chop in Moscow

    Since opening our first barbershop back in 2011, we have grown to multiple locations all across the world. Chop-Chop offers relaxed attitude and top-notch gentlemen's haircuts. Come by for close shaves, premium service and award-winning grooming products. HAIRCUT 2500 R. BOY'S 2000 R. BEARD TRIM 1400 R. BUZZ 1400 R. WET SHAVE 2200 R.

  25. Best Hotels in Moscow Downtown, Russia

    Offering a Jacuzzi and a barber shop, the 3-star Eden Hotel Moscow is located within 1.5 km from The Moscow Kremlin. The surrounding area includes Moscow Choral Synagogue and Kitay-gorod tube station within 550 metres from the venue. ... The 5-star Moscow Marriott Grand Hotel is located in the business area of Moscow, about a 5-minute drive ...

  26. Edgar on Instagram: "So, you want to become a barber? Follow these

    17 likes, 3 comments - fideli_edgar on January 18, 2024: "So, you 﫵 want to become a barber? Follow these steps and you 﫵 to..." Edgar on Instagram: "So, you 🫵🏼 want to become a barber?