Business Plans Handbook, Volume 20 by Lynn M. Pearce

By Lynn M. Pearce

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Tom pursued a slightly different path, earning a degree in cosmetology and eventually working in popular salons in Chicago and New York. After a long and successful career, Antonio decided to retire in 2010 and put his well-known barbershop up for sale. At the age of 40, Tom has decided to move back home and buy the family business. ‘‘This is a chance for me to be closer to my family, and continue the good work my father started more than 40 years ago,’’ Tom told a local business writer for the Indianapolis Tribune-Herald.

On average, these establishments employed four people. A great number of our would-be competitors are ‘‘mom and pop’’ hairstyling businesses. Many of these are home-based businesses. In addition, we face competition from traditional barbershops and unisex salons, as well as national haircutting chains like Cost Cutters. Choice Cut will differentiate itself from the competition by becoming a destination for area men. Beyond hairstyling and grooming services, we will offer amenities that our competitors do not, and personal service that is quickly becoming a thing of the past.

Fremont Hills, CA 56780. CASH FLOW STATEMENT The Tribunal Accounting Firm has developed a spreadsheet to illustrate cash flow for Summer Gardens during the first year of operation. The statement includes data on cash receipts, investments, capital expenditures, operating expenses, loan payments, taxes, sales, and administrative tasks. RESUME A personal resume and references are available upon request. B U S I N E S S P L A N S H A N D B O O K , Volume 20 (c) 2011 Cengage Learning. All Rights Reserved.

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