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My Aesthetics Business Plan - Example
Botulinum toxins, dermal fillers, skin peels, skin needling 01 What am I selling? 04 Who are my local competitors? 05 “Healthy Hannah” Age range 25-45 Lives/eats healthily Confident but looks are important Professional job Regularly maintains her appearance Nice car/house Shops Sainsburys/John L Wants skill & reliability & prepared to pay above average Transform Courthouse Clinics Sk:n Destination Skin Pall Mall Medical 03 Ace Aesthetics What will my business be called? 02 Beauty salons, medispas, gyms Where will I operate? What customers will I target?
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My Aesthetics Business Plan - Example
06 My key selling points Trained by SkinViva Training Level 7 qualified Free follow-ups Monthly payment scheme Free aftercare kit Late night appointments 04 07 Who will support & help me? Finance admin – my friend Rachel Clinical notes record-keeping - Rachel Complications & adverse reactions – SkinViva Trainee Network Booking customers – salon team Aftercare calls – Rachel Ordering products – Rachel Prescribing – Sarah Insurance – Cosmetic Insure 08 Botox 1 area - £150 Botox 2 areas - £225 Botox 3 areas - £275 Fine line DF - £179 Deep line DF - £239 Lip filler - £209 Follow-ups – free within 4 weeks What will I charge my customers?
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My Aesthetics Business Plan - Example
09 What initial purchases do I need to make? Mobile bed Briefcase with wheels Laptop Uniform Name badge Website 04 10 What ongoing purchases? Botulinum toxin Dermal filler Dermaroller Obagi skin peel Gauze Swabs Insulin needles Blue needles Green syringes Sharps bin Latex gloves Cooler bag Ice pack 11 What are my likely start-up costs? Training c.£1,000 Initial equipment & consumables c.£400 Insurance c£400 Marketing c£150 Estimated minimum: £1,950 Other considerations: Website - £100 Database - £20/mth
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My Aesthetics Business Plan - Example
My prescriber Venues I work with Pharmacy deliveries 12 What external people do I rely on? 15 Who are my suppliers? 16 6-page website Facebook page Facebook profile Instagram Monthly advert in ‘In Cheshire’ magazine Bloggers / social influencers Tri-fold leaflet Business card Conference stand Articles & blogs Demo nights Millennium pharmacy Healthxchange MedFX Church Pharmacy Pharmacy Geoff 14 Cash, personal cheque, PayPal, via phone app How will I accept payments? 13 Mon – 16pm-20pm Wed – 16pm-20pm Sunday – 10am-20pm What are my working hours? How will I promote myself?
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My Aesthetics Business Plan - Example
17 My Likely Strengths Can offer late night appointments Amazing results with lip enhancement Confident with clients Strong consultation skills 18 My Possible Weaknesses Staying on top of admin Improving my brow lift technique Getting better prices for products 19 Opportunities I Can See 20 Threats To My Business Competitors who are cheaper than me Beauty therapists Will my customers want treatments I can’t offer yet? What might future regulation look like? Salon staff to cross-sell my treatments Train in fat dissolving injections next Find a business partner to help with injectables JCCP membership
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My Action Plan Actions Done?
Get quotes from 3 insurance companies & then buy Buy in clinical supplies (e.g. swab, needles) [list available on our website] Do market research on competitor prices Estimate your costs, sales & profit using our free profitability calculator Decide on your prices Research training companies (ask how many people are on the course) Start promoting/networking to build up initial interest Book training course (ask how you can prepare before attending) Contact salons/gyms/hairdressers to see how you can work together Set up Facebook page (& any other social media accounts you value)
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My Action Plan Actions Done? Ask friends to share your Facebook posts
Decide your core market (e.g. female, 35-45, professionals) Join an online support group (e.g. SkinViva Trainee Network on Facebook) Introduce yourself to your pharma company reps & ask for support Contact an accountant for a free meeting for tax advice Decide if going to be self-employed or limited company Set up accounts at minimum 2 pharmacies Find a prescriber (if required) & agree ways of working together Set up a spreadsheet, database or paper forms to record patient info Prepare patient forms e.g. consent form (we have free templates)
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My Action Plan Actions Done?
Set rules around patient follow-up appointments e.g. max 4 weeks Write your emergency protocols out (how handle adverse reactions) Register your business in the free online directories (e.g. Yell.com) Get a logo designed (sites like 99designs.co.uk can inspire!) Sort some business cards out (vistaprint.com) Talk to your patients and learn about what they don’t like with their face Make a plan for what advanced training you need to help your patients Weigh up setting up as self-employed or limited company (search online or see accountant) Learn the basics of setting up accounting records for your key financial statements Get advice on how to invoice services and receipt payments (ready for the tax man!)
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My Action Plan Actions Done?
Take advice on when to plan for VAT registration (2017 compulsory threshold is £85,000) Consider what products you might need to order in at minimum quantities (cash flow impact) Look into quick and easy customer payment options using your smartphone Start documenting your CPD activities, date and hours (it comes in handy…guaranteed!) Get your key documents in place – consent, aftercare (see our ‘Downloads’ page on website) Plan a launch event with potential customers, friends, family, suppliers, salon partner
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