A hair & beauty salon is a profitable business to start in South Africa. As the average income increases together with the black middle class there has been an increase in the demand for such services. It is evident that this is a business market that you can explore. South African women prefer a variety in their hair care products, going from braids to weaves, to chemical treatments, to other drastic style changes. There has been a recent trend towards embracing ethnic hair amongst black people and the demand for hair products specifically meant for ethnic hair has been on the rise. This article will outline how to start a hair and beauty salon business in South Africa, and the hair and beauty salon business plan – PDF, Word and Excel.

A salon is a lucrative business, providing income for many entrepreneurs, but there are some essential factors you need to consider before you venture into this business. You need to decide on the size of your hair and beauty salon; the location, the various products and services you will offer, plus your target market. These factors will be affected by the amount of capital you have. Thus, you should carry out a feasibility study, market research and have a good hair and beauty business plan before you venture into this business.

LOCATION & PREMISES

This is an important decision to make before you start a hair and beauty business. It’s important that you locate your shop close to your target market. Consider the amount of road traffic, find an easily accessible location where people can stop and quickly get service. There are several possible locations, including shopping centres, malls, and the CBD. Opening a hair and beauty salon close to places that typically have potential for traffic will be ideal depending on your target market. The salon should be large enough to accommodate all your equipment and a number of customers at the same time. Your hair salon business plan should cater for the costs of purchasing or leasing the premises.

EQUIPMENT FOR A HAIR AND BEAUTY SALON

You need various equipment for your hair and beauty salon business. The equipment you need will depend on the size of your business and the kind of products and services you will offer. Some of the required equipment and tools includes blow dryers, multi-styling kits, curlers, hair brushes & combs, cart & trolleys, and hair styling stations. You also require furniture like hair styling chairs, dryer chairs and all purpose chairs. Your beauty salon business plan should cater for the costs of purchasing the equipment.

PRODUCTS AND SERVICES

Your target niche will determine the types of products and services you will sell. The most popular products and services offered in most hair and beauty salons include cuts, relaxers, perms, colours, massages, body waxing, facial treatments, manicures, pedicures, weaving and braiding.  It will be advantageous to sell hair extensions and hair treatment products to compliment your services. It is also wise to provide complimentary services such as free Wi-Fi to attract and entertain customers.  Another essential factor in running a hair and beauty salon is selecting the right suppliers for your products. Consider suppliers who can provide affordable and quality hair products consistently. Additional services such as manicures, pedicures, make up and facials together with spa services would be beneficial for your business. Your hair and beauty salon business plan should outline the various products and services you will provide.

STAFF & MANAGEMENT

As a customer-centric hair and beauty business, it’s important that you hire employees that are friendly and efficient. Your employees should be passionate about serving the clients and about hair in general. If you want to hit the ground running it’s better to hire a team of people who have experience in this business. Your beauticians should be able to braid or cut hair well in addition to being able to serve customers efficiently on a regular basis.  Inexperienced staff members need to get extensive training before they can be given intricate hair treatment tasks.

The equipment and chemical used in salons can cause serious injury thus it is important that you take the necessary precautions for the safety of your staff members and yourself. Depending on the size of your shop, the actual number of your staff will vary however, you will need hairdressers, beauticians, cleaners, and security as well as management. Your hair and beauty salon business plan should cater for the salaries and day to day expenses of your employees.

Some of the day-to-day operations of this business involves:

  • Shampooing, cutting, styling, and colouring hair, as well as massaging and treating scalps
  • Applying makeup, performing facials, and recommending skin care therapies.
  • Performing manicures and pedicures, nail art, and color recommendations.
  • Managing Staff
  • Marketing and advertising

It is important to adhere to all industry related safety measures in place. These safety measures cover the cleanliness of your environment; how your staff members dress plus the general safety of your staff and customers.

MARKET

Hairdressing in South Africa has developed and become recognisable as a profession and trade. There are more beauty and hair salons for the black population since they take up a large portion of the country’s population. There is an estimated 3 000 Caucasian hair salons and about 34 000 afro salons in the country.  They are a lot of hairdressers, hairstylists and cosmetologists who offer a variety of hair and beauty services. A large portion of ethnic consumers is moving away from harsh chemical relaxers in favour of less invasive products to manage their hair. The continuous rise in the urban population has resulted in an increase in the demand for hair & beauty care products and services.

Given that the South African market is one of the leading emerging economies on the African continent there is potential for high growth. The cosmetic and personal care industry sector in the country has been growing steadily for the past years, thus opening a hair and beauty salon is a good investment. Whether you are a young entrepreneur, a professional seeking to start your own business or someone who needs a retirement plan, investing in a salon is something worth considering. One thing that can set you apart before investing in any venture is developing a business plan. A well thought out hair & beauty salon business plan will help you in both the short term and long term for your investment. There are various risks associated with running a hair and beauty salon, like any other venture, your business plan should clearly outline these risks and ways to minimise them.

 

PRE-WRITTEN HAIR & BEAUTY SALON BUSINESS PLAN (PDF, WORD AND EXCEL): COMPREHENSIVE VERSION, SHORT FUNDING/BANK LOAN VERSION AND AUTOMATED FINANCIAL STATEMENTS

For an in-depth analysis of the hair & beauty salon business in South Africa, purchase our hair & beauty salon business plan. We decided to introduce the business plans after noting that many South Africans were venturing into the hair & beauty salon business without a full understanding of the industry, market, how to run the business, the risks involved, profitability of the business and the costs involved, leading to a high failure rate of their businesses.

Our business plan will make it easier for you to launch and run a beauty & hair salon business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as the beauty & hair salon business plan will lay out all the costs involved in setting up and running the salon business. The business plan is designed specifically for the South African market.

USES OF THE BEAUTY & HAIR SALON BUSINESS PLAN (PDF, WORD AND EXCEL)

The beauty & hair salon business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your hair & beauty salon business
  • As a hair & beauty salon project proposal
  • Assessing profitability of the hair & beauty salon business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

CONTENTS OF THE HAIR & BEAUTY SALON BUSINESS PLAN (PDF, WORD AND EXCEL)

The business plan includes, but not limited to:

  • Market Analysis
  • Industry Analysis
  • 5 Year Automated Financial Statements [ Income statements, cash flow statements, balance sheets, monthly cash flow projections (3 years monthly cash flow projections, the remaining two years annually),break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortisation]
  • Marketing Strategy
  • Risk Analysis
  • SWOT & PEST Analysis
  • Operational Requirements
  • Operational Strategy
  • Why some South Africans in the hair & beauty salon business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your hair & beauty salon business in South Africa

The Hair & Beauty Salon Business Plan package consist of 4 files

  1. Hair & Beauty Salon Business Plan – PDF file (Comprehensive – 81 pages)
  2. Hair & Beauty Salon Business Plan – Editable Word File (Comprehensive – 81 pages)
  3. Hair & Beauty Salon Business Plan Funding Version – Editable Word File (Short version for applying for a loan – 45 pages)
  4. Hair & Beauty Salon Business Plan Automated Financial Statements – (Editable Excel file)

The financial statements are automated. This implies that you can change eg the costs, salaries etc, and all the other financial statements will automatically adjust to reflect the change. 

GET THE HAIR & BEAUTY SALON BUSINESS PLAN (PDF, WORD AND EXCEL) - R400 Only.

We decided to make the business plan affordable to anyone who would want to start the business, and the price for the pre-written business plan is only 400 Rand.

We have several payment methods which you can use.

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If you want to purchase multiple business plans at once using Visa Card/MasterCard then  click here: Business Plans Store

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on sales@bizbolts.co.za and we will assist you.

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Click Buy Now below to purchase. After you have purchased, you will instantly see the download link for the business plan package on the screen. We will also email you the download link. Get instant access to the business plan now!

If you want to purchase multiple business plans at once using Instant EFT then  click here: Business Plans Store

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on sales@bizbolts.co.za and we will assist you.

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