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Company Description: List the company name, type of business,

location, and legal status, e.g., corporation, sole proprietorship,


partnership.__Timeless Beauty Bar Cottage is a hair and nail salon
located at Gelsons Village at Calabasas, 22247 Mulholland Highway,
Calabasas, California 91302. The legal status is a limited liability
corporation.
Statement of Mission: Write the concise statement of company
purpose you developed in Chapter 5._ To educate, empower, motivate,
strengthen and promote high self esteem by offering a wide variety of
beauty enhancing services, which will enable positive relationships
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Stage of Development: State whether your company is a start-up or
continuing business, when it was founded, how far along the product or
service is in its creation, and if youve already made sales or started
shipping.________________
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Products and Services: List the products or services your company
sells or plans to sell; this can be generic for a company with many
productse.g., womens sportswearor specific for a company with just
a few._____________
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Target Market(s): List the markets you intend to reach and why you
chose them; indicate the results of any market analysis or market
research.________________________________________
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Marketing and Sales Strategy: Briefly describe how you intend to
reach your target market(s), and the advertising, direct mail, trade
shows, and other methods you will use to secure
sales.____________________
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Competitors and Market Distribution: Indicate the nature of your
competition and how the market is currently divided.
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Competitive Advantages and Distinctions: Show why your company
will be able to compete successfully; list any important distinctions,
such as patents, major contracts, or letters-ofintent.____________________
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Management: Briefly describe the histories and capabilities of your
management team, particularly those of company
founders.__________________________________________________
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Operations: Outline your key operational features, such as locations,
crucial distributors or suppliers, cost saving production techniques,
etc.________________________________________
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Financials: Indicate your companys expected revenues and profits for
years one through three.__________
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Long-Term Goals: Describe the expected statuse.g., sales, number of
employees, number of locations, market share of your companyfive
years from now.________________________________________
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Funds Sought and Exit Strategy: Indicate how much money you are
seeking, how many investors you plan to have, how the funds raised
will be used, and how investors or lenders will get their money
out.____________________
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(Abrams 57-58)
Abrams, Rhonda. Successful Business Plan: Secrets & Strategies, 5th
Edition. The Planning Shop, 2009. <vbk:978-1-933895-321#outline(4.6.1)>.

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