Constantine | Summary Content |
Constantine | Summary Content |
Summary Content |
Business risk is the probability of potential losses compared to a planned outcome. Under risk, a company may lose some or all of its resources, fail to generate expected revenue, and incur additional expenses.
Potential risk factors:
- Lack of experience in starting a business. Opening a beauty salon is the first step into the world of business for a business owners. Akcininkai yra kompetentingi bei patyrę vadybos srityje, tačiau gali nutikti taip, jog jiems pritrūks praktinių įgūdžių bei įžvalgumo susidūrus su atsiradusiais sunkumais išlaikant verslą. Patyrus pirmuosius nuostolius, akcininkams gali pritrūkti ryžto, tikėjimo bei drąsos tęsti tolimesnę įmonės veiklą. Šią riziką galima sumažinti sutelkus visų akcininkų turimas žinias bei patirtį.
- Possibilities of influence of external factors. A company's operations are particularly dependent on its clients' income and the country's economic situation. The current economic crisis and its consequences—unemployment, tax increases, and economic downturn—are negatively impacting clients' incomes. People's incomes are limited, so they save and purchase only essential goods. Due to declining client income, a newly established company risks receiving less attention and lower profits. To mitigate this risk, the company will be forced to lower prices and increase advertising spending.
- Reducing the number of potential users. The current emigration situation in the country also reduces the number of potential clients. Most emigrants are young people who use beauty salon services, so this factor is unfavorable for our company. Unfortunately, the company is unable to mitigate this risk, and in this situation, government intervention is necessary.
- Decisions taken by the government. The government influences the adoption, implementation, amendment, and repeal of legal acts that companies must adhere to in their operations. It's possible that the government will change legal provisions to the detriment of the company, increasing profits, VAT, and other taxes, forcing the company to raise prices for services and corporate expenses. Unfortunately, the company will be unable to mitigate this risk and will be forced to adapt to the current situation.
- Competition. Existing and new competitors entering the market can pose a significant threat by offering more attractive services, lowering prices, and attempting to lure customers away. To avoid being overshadowed, a company will also be forced to lower prices and invest heavily in advertising.
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The organizational structure of the company's management is presented in Figure 5:
In Figure 2. Beauty salon management structure.
Company Director Konstantin Korenevskiy has a management degree and four years of experience in beauty industry service management. He is responsible for the salon's key management functions, including managerial duties. His responsibilities include resolving key operational issues, troubleshooting any problems that arise, maintaining contact with the company's companions, managing employee performance, and overseeing the company's day-to-day operations.WEAKNESSES Lack of media advertising; Insufficient experience in business organization; We offer a limited range of services. POSSIBILITIES Development of activities by expanding the range of services, increasing the number of employees and expanding the company's production facilities; Become a strong competitor; Work successfully and profitably. THREATS The emergence of new strong competitors is quite possible; Market instability; General economic decline; Rising raw material prices. Reduction in potential consumers. STRENGTHS The company employs experienced, highly qualified employees; Pleasant service; Modern corporate environment. |
The SWOT analysis of K. Korenevskis's sole proprietorship, application 3.
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Summary Content |
We decided to open a beauty salon in sity Rietavas of Lithuania because, after researching our competitors and potential clients, we discovered that there was a sufficient market in the area for a new beauty salon that provided high-quality and affordable services. We found that our beauty salon's strongest competitor is Rietavas on Plunges Street, as it offers a wide range of products and utilizes all four promotional elements. Weaker competitors include Rietavas on Zemaitės and Laisvės Streets, as they offer a narrow range of services and utilize only three promotional elements: advertising, personal selling, and sales promotion. We also found that the monthly income of most Antakalnis residents ranges from €735 to €1,180, so the services we provide will be affordable for most clients. Therefore, beauty salons in Antakalnis do not have strong competitors, so our newly established modern company will attract a lot of attention from customers, as it will strive to outperform its competitors – it will implement all four elements of promotion, expand the range of beauty salon services and set prices for services that correspond to quality.
Competitor analysis
Nr. | Type of analysis | |||
1. | Real address | Rietavas, Plunges str. | Rietavas, Zemaites str. | Rietavas, Laisvės str. 1 |
2. | Company size | Small | Small | Very small |
3. | Range of services | Wide | Narrow | Narrow |
4. | Prices | High | Middle | Middle |
5. | Belonging | One | One | One |
6. | Promotion elements: | |||
| Advertising Personal selling Sales promotion methods Public relations | + + + + | + + + - | + + + - | |
7. | Competitor assessment | Strong competitor | Weak competitor | Weak competitor |
We will be applying the product foring concept because we will focus all our efforts on improving the quality of our services to achieve our goals. We will allocate a significant portion of our resources to various courses and seminars aimed at improving employee skills and motivation. We will also be applying this concept because demand for beauty salon services in Rietavas, Lithuania exceeds supply, and the quality of services provided by competitors is insufficient.
The company will provide services directly, as it does not hold inventory, so the services of wholesalers, retailers, or industrial distributors are not required. Clients will come to the beauty salon themselves, and close personal interaction between service provider and consumer will prevail.
Our salon's services will be priced using a cost-based pricing method. Because the salon is modern and uses the highest quality products and tools, our prices are reasonable.
We will apply the following pricing strategies:
1. Value-based pricing strategy: When setting prices, we will determine how our service compares of clients in terms of price and quality.
2. Skimming strategy – at the initial stage, when our beauty salon is just opening, we set a little price, which is rise as our market share expands.
3. The final price is a psychological pricing. Prices for services will be rounded.
4. Competitor-Based Pricing Strategy: We will evaluate the prices of similar products from competitors and set prices accordingly.
In today's highly competitive environment, advertising is essential for companies, as competitors' relatively similar services make it difficult to attract potential clients and retain existing ones. Our company, GrazuteRoom, will utilize all four elements of sponsorship: creating an attractive company image by advertising the beauty salon and its services in the press, promoting sales and maintaining public relations through the use of media outlets, and publishing detailed information about the company's activities on a dedicated website, where the company will provide specific information about the services provided, the cosmetics used, and any promotions it runs.
Advertising elements and measures Nr. | Advestising elements | Adventising measures |
1. | Advertising in a press | In the magazine "Constantine", advertising brochures in the magazine "GrazuteRoom", blogger Konstantin Korenevskiy and our the game dating portal. |
2. | Sales promotion | The online store will offer customers the opportunity to participate in castings, shows, competitions, partfolio production, and discounts on services provided for various occasions. |
3. | Personal selling | Advertising of service from competent specialists. |
4. | Public relations | Our internet resurses https://von-constantine-fr.blogspot.com/2025/07/constantine-1.html?m=1 Rietavas.htm |
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Summary Content |
As mentioned, the "GrazuteRoom" beauty salon will provide beauty services. Services will be provided at a salon located in the city of Rietawas. The company will provide services directly, meaning clients will visit the salon in person . Services will be provided by competent, experienced, and friendly professionals— two hairdressers, one cosmetologist, and one makeup artist. Services will be high-quality and affordable for affluent individuals with a monthly income of 2,501 to 4,000 Euro.
Means for Hairstyle, Haircut, Cosmetics.Goods | Units | Capacity | Price | goods turnover | goods turnover 6 months, € |
Shampoo | 2 | 1200 | 20 | 40 | 240 |
Conditioners | 3 | 1000 | 15 | 45 | 270 |
| Creams | 2 | 100 | 25 | 50 | 300 |
Masks | 2 | 100 | 30 | 60 | 360 |
Hairspray | 3 | 400 | 35 | 105 | 630 |
Hair gel | 3 | 60 | 12 | 36 | 216 |
Hair mousse | 3 | 300 | 30 | 90 | 540 |
Wax | 3 | 50 | 15 | 45 | 270 |
Total: | 471 | 2826 | |||
The company will purchase the following hair care products: shampoo, conditioner, creams, masks, hairspray, gels, mousses, and wax. The salon will purchase three units of each product per month: two units each of shampoo, cream, and mask. The total cost of the purchased products will be €2826. The largest portion of the purchase will be on hairspray, as it is the most expensive product, while the smallest portion will be on shampoo, conditioner, hair gel, and wax.
Means for Makeup.Goods | Units | Capacity | Price € | goods turnover 6 months, € |
| Mascara, ml | 6 | 12 | 25 | 150 |
Loose powder, g | 5 | 15 | 30 | 150 |
| Liquid powder, ml | 6 | 50 | 35 | 210 |
Eyeshadow palette, g | 3 | 35 | 15 | 45 |
Lipstick palette, g | 2 | 40 | 10 | 20 |
| Creams, ml | 3 | 150 | 12 | 36 |
Contour line, g | 2 | 1,3 | 10 | 20 |
Iš viso: | 631 | |||
The company will purchase the following makeup products: mascara, loose powder, liquid powder, eyeshadow palette, lipstick palette, cream pencils, and eyeliner. The beauty salon will primarily purchase mascara and liquid powder—six units per month. The purchased products will cost €631. The largest expenditure over the six months will be on liquid powder—€210—as it is the most expensive product and is most frequently used in makeup application.
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Summary Content |
The idea behind the company was to open a beauty salon offering hairdressing, cosmetic and makeup services. People who respect self and care for themselves can't imagine their lives without a beauty salon, where they can relax, forget their worries, and immerse themselves in the world of beauty. Beauty salon services aren't considered everyday products, so the company must strive to be engaging for its clients to immerse them in a world of beauty creativity. The company's main goals are as follows:
- Successfully establish a foothold in the market;
- Meet consumer needs;
- Expand the client base through various sponsorship events;
- Become a strong competitor to the fashion industry, such as parfolios, castings, and fashion shows;
- Operate successfully and profitably in a changing market environment promotion comertical offers.
The company will provide services directly, with close personal collaboration between service provider and consumer prevalent. Clients will visit the beauty salon themselves, with agents being used when needed. Since no product inventory is maintained, the services of wholesalers, retailers, or industrial distributors are not required.
The indirect costs of the "GrazuteRoom" beauty salon will amount to € 15,800.87 . The average price of a haircut at the salon is € 21.95 excluding VAT and € 26.56 including VAT. Makeup treatments cost € 32.81 excluding VAT and € 39.70 including VAT.
After providing services, the company expects to earn a gross profit of € 41,519.29 before six mouth , which will be reduced by the company's expenses, which amount to € 68,493.66. Therefore, the company's net profit at its peak will be € -26,973.36, meaning it will incur a loss. However, we plan to turn a profit in the future, as the loss decreased over the first six months. In the first month, it was € -8,262.17, and in the sixth month, it decreased to € -3,291.91.
We're opening a beauty salon because we find this activity attractive and necessary. We're medieval, so it's no surprise that we're interested in beauty. We love creating beauty, delighting people, and making them happy, so we believe opening a beauty salon is the most appropriate solution to achieve these goals. The company name, "GrazuteRoom," vividly reflects the world of beauty. Graz to Room this is the city, the small castle of beauty of the city, . GrazuteRoom is Room in this castle of Venus — is this fantasy goddess, ruling over love and beauty.
In our plan the beauty salon will be staffed by positive employees who will always greet clients with a smile, provide personalized consultations, and provide pleasant and high-quality service. They will strive to meet clients' expectations, fulfill their wishes, and create a pleasant atmosphere within the salon.
Indicator | Haircuts&Cosmetic | Makeup | ||
Benefit | Renewed, healthier hair and skin. Professionals will select the perfect hairstyle and cosmetic care for your specific needs. | Masking of imperfections, highlighting advantages, rejuvenation, renewal. | ||
Real product | Functions | Only brand-name skincare, hair care. Only including the most stylish service of personalized selection. High-quality service. | Natural cosmetics from only well-known brands. Personalized selection. High-quality service. | |
Quality | High | |||
Price | High | |||
Product with reinforcement | Warranty | Only qualified specialists, professional service. | Only qualified specialists, professional service. | |
Summary Content |
Summary Content | Constantine |
The business idea is to create beauty salons offering services to small communities focused on individual, ethnic, clan, and social styles. Currently, such salons are in high demand, especially in small, gated communities, due to their high standards of service. Here we watch beauty salon on base byzantine roman of style bath with servise haircut, hairstyle, haircare, pedikur, manikur, massage, cosmetic service, dermacare.
The project's main goals are:
1. To successfully establish a foothold in the market;
2. To satisfy consumer needs;
3. To expand the number of salons in the region using various promotional measures;
4. To become a strong frand of consumer;
5. To operate successfully and profitably in the current market conditions.
The estimated start date is December 20, 2014. The Community Beauty Saloon will be located at 21 Plungė Street, Rietavas, Lithuania. The company leases the premises from the self-government of Rietavas, Lithuania. We are take this premises because it has the necessary utilities (plumbing, water, and electricity), so we do not require a particularly large investment to launch the business.
There are no similar offers for the promotion of complex professional beauty services in this region.
This region of the Republic of Lithuania has well-equipped hair salons, but they use low-quality chemicals, commit numerous technological violations, use unprofessional tools, and offer only a few haircut, hairstyles. Hair care, derma care, cosmetology, pedicure, and other services are lacking. Specialists lack the training to perform even this limited range of services, and managers, administrators, and executives lack any formal training or knowledge of the beauty industry.
Therefore, in promoting professional services in this region, in addition to my main activity of preparing models for competitions, shows, advertising, and other public events, I initially plan to offer services to local residents of the region at this rate schedule for the following types of basic services:
| Nr. | Name of service | Price |
| 1 | Washing / Massage hairhead | 2 |
| 2 | Woman haircut | 10 |
| 3 | Hairdo | 7 |
| 4 | Hair coloring | 20 |
| 5 | Hair curling | 20 |
| 6 | Hairstyle | 30 |
Our beauty salon specialists will provide local residents with high-quality services at affordable prices. We will have plan use only natural, high-quality cosmetics and preparats oof hair, derma and our professionals will select a hairstyle and makeup that suits each client's individual characteristics, taking into account their facial features, to highlight their best features and conceal their flaws.
The beauty salon will be bicause by sir Konstantin Korenevsky, a renowned expert in the beauty and entertainment industries and the salon will employ six competent and experienced staff members: a director, three hairstylists, and a makeup artist.
Since our beauty salon in Ritava provides high-quality services at low prices accessible to local residents, we will not compete on price. However, and here our competitors don't utilize all possible sponsorship options, so we will strive to surpass them in this regard as well. Our company will have an advantage over our competitors thanks to sophisticated and modern promotion in the beauty industry, pleasant communication, and high-quality service.
Having established a foothold in the market, the company will expand its range of services. It plans to further expand its service to local residents, including piercings, massages, manicures, and hair removal. The company will invest significant resources solely in brand promotion, various courses, and seminars aimed at improving the skills of its main activity: preparing models for castings, competitions, shows, advertising, and other public events.
Company name: | K.Korenevskio individuali imone /The K.Korenevskiy private company/; |
| Registered: | September 5, 1997; |
| The code in the register of Legal Entities: | 111605090; |
| Registration number: | 084227; |
| Legal status: | private enterprise; |
| Address of the enterprise: | Labardgy village, Rietavas municipality, Plunge district, LT-90308, Lithuania; |
| Number telephone/Email: | korenecskiy.lt@gmail.com |
| Website: | https://korenevskiylt.blogspot.com/2014/07/kirpejo-menas-turinys.html?m=1 |
| Nature of activity: | The hairsalon for local habitans Rietavas self-goverment; |
| Servicing bank: | DnB Nord, Telsiu g. 5, LT-90162 Plunge, Banko kodas 40100 |
Summary Content | Constantine |
GrazuteRoom | Kirpejo Menas - Veido Makiazas |
GrazuteRoom | Kirpejo Menas - Veido Makiazas |
Kirpejo Menas - Veido Makiazas |
Kirpejo Menas - Veido Makiazas |
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Kirpejo Menas - Veido Makiazas
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Kirpejo Menas - Veido Makiazas | GrazuteRoom |
Kirpejo Menas - Veido Makiazas | GrazuteRoom |
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GrazuteRoom
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GrazuteRoom | Kirpejo Menas - Sukuosenu modeliavimas |
GrazuteRoom | Kirpejo Menas - Sukuosenu modeliavimas |
Kirpejo Menas - Sukuosenu modeliavimas |
Kirpejo Menas - Sukuosenu modeliavimas |
