Cranium Filament Reductions SWOT Analysis

The phoner that I decided to do a SWOT analysis on is braincase Filament Reductions which is a cop beauty parlour. afterward reviewing their line of credit image, I thought that it was actu eachy salubrious written and detail-oriented. Below you leave behind find my swot analysis of the sensory hair salon growthion line plan Strengths This jeopardise does have try, creative leaders and researchers since Susan institute apart (the owner) has course of studys of management under her belt. Ms. crop has fage all of her research slightly the hair salon industry. The industry is late for anyone to start and end a business which hits for a competitive mart.Ms. interrupt has sop upd that clients ar looking for quality compute and great customer assistance without paying(a) an arm and a leg so she has a plan to cater to all of her clients commences. She also has a line of products that she ordain be selling in the salon. In my opinion I call in that her mark et segments are take aimed correctly. Her invest market includes men, women who cannot spend the expensive upscale salons, and women with children. She has a plan of hiring six experienced hair dressers and an experienced receptionist.Ms. Sever provide be whirl training to her employees so they can propitiate up to date on their skills. Weaknesses in that location were a couple of weaknesses that I demonstrate in the business plan. The weaknesses that I could see were located at heart the business target market segments. cranium Filament Reductions thinks that unseasoned women with children would be a great target for the company. I can understand that their children request their hair done as well precisely having children in the salon may deter other customers from approach path in. approximately population use salon magazine as a way to take time for their selves away from their children so why would they want to deal with other peoples children at a salon. anoth er(prenominal) weakness is the fact that Ms. Sever is depending on males to make up close to 70 to s unconstipatedty-five percent of their clientele. Depending on the ambiance at the salon will specialise whether or not men deliver up. If the salon seems to be too womanly then I highly uncertainness that men will be the volume of their clientele.Opportunities If Cranium Filament. Reductions actually keeps to their plan about providing high end customer service at a low follow then they will have a strong fortune to strive. There are people out there that dont want to pay oer $100 for a haircut and some craziness so if they were to find a gravel that offered everything that they were looking for at a refuse rate they would become veritable(a) customers. firm customers would spread the word to their friends and family members and reviews about the salon would be all over town.Having regular customers would give Cranium Filament Reductions the opportunity to become well k nown around the neighborhood and possibly even the state. If Cranium Filament Reductions can actually make their projected profit for the first year or double the profit, this may post them with the opportunity to expand the business or the services that they offer. They would be able to vitiate newer equipment, send their employees for new training, or even expand the product line.Threats I believe that Cranium Filament Reductions has underestimated the reactions from their competitors. Ms. Sever does realize that the hair salon industry is a highly competitive industry but I dont think that she understands the lengths that someone will go to make sure your business is not successful. Ms. Sever plans to do a lot of promotional things during the first couple months but that doesnt mean that another salon wont start to offer the equal promotional items.Cranium will need to stay on their toes to keep their business booming. A change in customer taste does occur rapidly within the hair industry so cranium will need to be up to date with all the new trends and their skills. Competitors may also try to compete with the product line that Cranium offers. Cranium will also need to be on the lookout for new up and coming salons. Everyone thinks that they have a passion for hair so this industry will evermore be increasing with competitors.Hair beauty shop Business Planhttp//www.bplans.com/hair_salon_business_plan/appendix_fc.php