Principles of Business Sba

Topics: Business, Marketing, Management Pages: 10 (2263 words) Published: December 19, 2012
Cover Letter
Motto: Where style is our trend
Tawny’s Trendy Beauty Salon
Shop 20 Northside Plaza
Kingston 6
Tina Stephens

October 16, 2008

Kareem J. Owens
National Commercial Bank
20 Portsmouth Ave.

Dear, Mr. Owens,
I am very pleased to enclose my business plan for Tawny’s Trendy Beauty Salon. In this you will uncover a great deal of information about my business. a through assessment of the market place and a detailed plan for stopping them. This business has many future plans which we intend to fulfill in the possible months and years to com. I am looking forward to working with u in the possible coming years.

I am anxious to hear your comments and answer any questions you have. You can contact me at 876-852-2885.

Your time and attention was greatly appreciated.
Tina Stephens
Executive Summary

Tawny’s Trendy Beauty Salon is a new beauty salon in Liguanea. This beauty salon will be different from other because of its focus on the demand of the consumers. The aim of the salon is to be the first choice of all who want the best styles and customer service for their money. Tawny’s Trendy Beauty Salon in Liguanea is a two point five (2.5) million dollars mission and grows as the years pass by. This is great opportunity and relieve for people who want better hairstyles and treatment and also the friendly and great customer service from our staff. We will target people of the area mostly but will extend our horizon in the later years to come. Arrangements of promotion are planned to attract customers of all age and ethnicity. Has an individual growing up I have always wanted to be the owner of a hairs salon knowing that I had the warm heart and great hands to get the job done. I studied at Kingston Technical High where I did cosmetology after which I went to the Heart Trust School and further on got a certificate in cosmetology and then finally did a bachelors degree in Business Management at the University of Technology. The business will start off with loans from family member, personal savings, and money left to me by my late grandfather as capital. Tawny’s Trendy Beauty Salon plans to have a great and prosperous business year.

This school based assessment (SBA) gives you information on how to plan a business. This plan is about starting a Beauty salon and it deals with the marketing aspect of the business. This experience should help me to develop some great strategies. This business will be a successful business, based on the location and the marketing strategies. We have planned a state of the art salon which will cater to ethnicity on the island (Chinese, Indian, Negro, Caucasians and Rastafarians). The Rastafarians boast a specialized hairstyle that is highly maintained and no other salon to date specialized in dreadlocks care and maintenance.

I would first like to thank the God almighty for giving me the strength to complete this project. Also special thanks to my friends and family all who help and guide me through this project. I would also like to thank Dennis Golding for helping me in completing this project.

Description of Business
Tawny’s Trendy Beauty Salon will take the form of a sole proprietorship. It will be located at Northside Plaza, Liguanea in Kingston. The capital that will be used to start the business will be from a loan and personal savings. The owner of the business will be Tina Stephens, who obtained a certificate in Cosmetology at the Heart Trust School of Cosmetology on Hope Road and now doing a bachelor degree in Business Management at the University of Technology. TT Beauty Salon is designed to meet the needs of everyone and anyone giving them good service and hairstyles. This business is structured in a manner...
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