Business Plan

Topics: Asset, Balance sheet, Liability Pages: 9 (1969 words) Published: April 26, 2012
Beauty Supply Store

“The future belongs to those who believe in the beauty of their dreams.” Eleanor Roosevelt

April, 2012

Arielle Mitchell
Founder & Chief Executive Officer
Beautifully You

51 - 61 E Main Street
Xenia, OH 45385 - Southeast Dayton Submarket
(313) 289-4464

Company Description:
Beautifully You is more than just your ordinary beauty supply. We are a more universal company dealing with all different types of customers and not limiting ourselves to just one specific market. The company is here to carter to all the needs and concerns of our customers. We offer a 24/hr hot line service with experienced specialist to answer all your unknown questions, whether it’s in any department of hair, nail, or spa care. If a certain item is not in the store or maybe you just missed us by closing time the customer may also shop online. Our website at is available to the customer at all times. We have one of the largest varieties of products available. “If you can’t find it, we can get it!”

To provide my customers with the best customer service and up to date products. Also followed by the latest cutting edge technology in hair, spa, and nail care. To make sure my customers are getting the best value, their dollar is important to us. Here at “Beautifully You” beauty is in the eye of the beholder and our premium products are your mirror.

Here at Beautifully You are vision is to provide quality customer service. Making sure that our customers are satisfied with our products and become loyal members of our company, while being able to provide a quality customer experience and give us the ability to broaden our franchise and become a world renowned “one stop” shop for premium cosmetic products.

At Beautifully You our culture is based on diversity within the organization. Making sure our employees display a strong sense of character for the consumers and the company. We exercise a positive feedback system where are customers criticism is always positive. To contain are organizations structure we make sure are policies are firm but fair. We run a business, but with our customers its personal!

Opportunity/Research Analysis

Industry Analysis
The cosmetic, beauty supply, and perfume store (beauty store) industry includes about 13,000 stores with combined annual revenue of around $10 billion. Major companies include Sally Beauty Supply, Ulta, Sephora, and divisions of Limited Brands (Bath & Body Works) and L’Oreal (The Body Shop International). The industry is concentrated: the top 50 companies have almost 75 percent of industry revenue. Companies specializing in professional beauty products may restrict sales to salons and salon professionals, due to manufacturer policies. Salons may resell products to the public or use products for customer treatments. Environmental Analysis

From an economic standpoint Ohio from 2008 to 2010, national economic decline resulted in a 4.4 percent decrease in employment, which should have meant 299,000 fewer jobs in Ohio. But Ohio employment decreased by 4.8 percent, or nearly 373,000 jobs. Why? There are two reasons. First, Ohio's economy is still more concentrated in industries that lost jobs (but less so), which accounted for a loss of about 10,000 jobs (-0.1%). Second, Ohio's economic competitiveness has improved – likely through a combination of workforce development; better technology, management, access to markets; and strong government tax/finance policy – but it is still a drag on the State. If Ohio’s competitiveness had not improved, it would have meant a loss of 188,000 jobs (-2.8%) from this factor, instead of the actual loss of 64,000 jobs (-0.9%) Competitive Analysis

Sally Beauty Holdings, Inc. (NYSE: SBH) is an international specialty retailer and distributor of professional beauty supplies with revenues...
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