You’ve found your passion in this field and transformed the same into a business model but also learn how to start a business plan for starting your own makeup studio. These 101 Questions will help you out to understand the compliances in this business.
- Have you decided the name?
- Any plan for bringing visibility for the brand?
- Have you decided the services portfolio?
- Have you decided the logo?
- How much are you going to invest?
- What are the costs involved?
- Who’s your target audiences?
- What’s your Unique Value Proposition?
- Are you providing any cosmetic products for sale?
- Are you doing any seasonal makeups?
- Do you have a business account?
- Have you got the license?
- Have you decided the location?
- Own place or rented place
- What’s the visibility of the location?
- Are you aware of the insurance for the facility?
- How many competitors are there in that locality?
- What are the advertising strategies?
- Do you have any brand ambassadors?
- How are you going to retain a customer?
- Do you have any professional makeup artist?
- Do they need any qualifications?
- Are you providing any trainings?
- How you’re planning for funding the business?
- Do you have any experience in this field?
- Do you have the required capabilities?
- Do you have a portfolio?
- Have you decided prices for the services?
- Do you have any dealerships for cosmetic brands?
- Are there any offers on seasonal times?
- Do you have your own website?
- Do you have the makeup kit?
- Are you providing any additional service?
- Do have contract with any photographers?
- Do you have ring light?
- How many workers do you need?
- Will you provide the bridal costumes?
- How are you going to build your customer network?
- Are you aware of your strengths and weakness?
- Do you have any sponsors?
- Do you use any imported products?
- How are you importing it?
- What are the charges associated with that?
- Are there any criteria for choosing a cosmetic brand?
- How are you going to manage the expenses?
- Do you have any certificates to be a makeup artist?
- Have you undergone any special training?
- Do you provide any training for professionals?
- What are the maintenance activities for the products?
- What happens if the products expired?
- Where are you purchasing the accessories?
- Do you have the required makeup kit?
- Are you doing any service for film fraternities?
- Will you be able to do for all age groups?
- Do you provide any test makeup service?
- Do you have sample tutorials for customers?
- How much do you pay for the workers?58
- What are the modes of payment for workers?
- What are the modes of payment for customers?
- What’s your margin for each service?
- Who is in charge for the financial activities?
- Do you have your business card?
- Do you have all the required organizational capabilities?
- Is there any branch office?
- Which is the head office?
- What are the risks involved in this business?
- How many bookings you could be able to handle?
- What are the organization values?
- Is there any online booking facility?
- Any credit-based services available?
- Is there any R&D team?
- What’re their activities?
- How often they should come out with new services?
- Customer acquiring strategies.
- What’s the pricing range?
- Any special services available for bridal makeup?
- Do you have all the required electrical equipment?
- Do you have all the required properties inside the studio?
- How much does your competitor charge for each service?
- What is the avg. foot fall for your competitor?
- What is the avg. foot fall of your brand?
- Do you have any scheduling methods?
- Is there any SOPs available for professionals?
- Is there any SOPs available for office staffs?
- How do you get customer’s feedbacks?
- What’s the Mission and Vision of an organization?
- Is there any partnership with cosmetic brands?
- Any special discounts available for college students?
- What are the marketing strategies?
- What’s the proof of ownership do you have?
- Do you provide any free consultation services?
- Have you analyzed the demography of that city?
- Do you have a lengthy Switch box?
- Have you got a professional email address?
- How much do you spend for an advertisement?
- Have you got any trial rooms and separate restrooms inside the studio?
- What are the maintenance activities?
- How often do you clean the brushes?
- How many customers are needed every month to break-even the expenses?
- Do you have any partnership with any other brands?
- Have you registered the company?
101 Questions for a Makeup Studio Business Plan
