Barber Shop Business Plan Home
You’ve come to the right place to create your barber shop business plan.
We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their barber shops.
Below are links to each section of your barber shop business plan template:
2. Company Overview
3. Industry Analysis
4. Customer Analysis
5. Competitive Analysis
6. Marketing Plan
7. Operations Plan
8. Management Team
9. Financial Plan
Barber Shop Business Plan FAQs
What Is a Barber Shop Business Plan?
A barber shop business plan is a plan to start and/or grow your barber shop business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
You can easily complete your barber shop business plan using our Barber Shop Business Plan Template here.
What Are the Main Types of Barber Shops?
There are many types of barber shop companies. Some barber companies are more traditional where they offer basic haircuts, shampoos, and shaves. Other barber shops focus on a more luxurious presence where they offer the same services as a traditional barber shop, but with luxury chairs and accommodations. There are some barber shops that focus on younger, trendier men that want fresh fades with designs, a trendy haircut, and/or a clean and modern beard trim.
What Are the Main Sources of Revenue and Expenses for a Barber Shop Business?
The primary source of revenue for a barber shop are the revenues it generates for the barber shop services it provides. Another revenue stream is the rent collected from the other barbers and stylists that rent space in the barber shop.
The key expenses for a barber shop business are the cost of purchasing the barber shop equipment and supplies. Other expenses are the rent and utilities for the facility.
How Do You Get Funding for Your Barber Shop Business Plan?
Barber shop businesses are most likely to receive funding from banks. Typically you will find a local bank and present your business plan to them. Another option for a barber shop is an SBA loan as they provide a lower interest rate and longer loan term. Outside investors, friends, and/or family are other common funding sources.