An ideal guide for the aspiring spa entrepreneur who needs some professional insight and a practical road map.
BUSINESS PLAN | CONCEPT | CONSTRUCTION ASSISTANCE
OPERATIONS | RETAIL
BUSINESS PLANNING
As with any start up, the initial phase includes the creation of a business plan and comprehensive profit and loss statement. The Business Plan is a 20-25 page document, describing the concept of the spa and detailing the reasons it will succeed. Typically this includes the proposed location, an inventory of products and services, a marketing overview, plus a biography of the owner. The comprehensive profit and loss statement is a financial projection based on the size, location, and concept of the spa. It relies, in part, on research conducted to analyze local competition, the anticipated prices, and the intended compensation for staff.
Market Feasibility
Existing Competition Analysis
Price Point Comparison
Compensation Review
Business Plan
Executive Summary
Competitive Advantages
Service + Retail Sales Strategy
Marketing Plan Overview
Financial Forecasts
Programming + Sq. Ft. Breakdown
3-Year Financial Forecasts
Capital Expenditure List
Labor Assumptions + Compensation
PIONEERING CONCEPTS
As you enter the spa and beauty industry among a mix of esteemed brands, it is imperative that your concept is current, relevant and carves out a niche. LEXI DESIGN develops your spa’s concept by creating a modern and fresh service menu, choosing suitable technology, devising a signature method, and selecting the right line of skincare products. The last phase is finalized by ensuring that your concept is synergistic with your brand identity and interior design. Our goal is turn a good idea into a pioneering concept and ultimately a powerful brand.
Identify New Trends
Pinpoint Business Opportunities
Understand Competitive Positioning
Determine How to Differentiate
Develop Service Menu
Recommend Technology
Select Skincare Products
Create Service Menu
Design Distinctive Touches
Create Cohesion Among Concept, Brand Identity + Interior Design
Spotlight Unique Method + Culture
Develop Signature Method
This essential phase provides the Architect team with the tools they require to design a layout that is both beautiful and functional. The architect is given a Spa Program with Square Footage requirements and Adjacencies. Each round of plans is reviewed, and recommendations are made. Once the plans have been finalized the Architect and General Contractor are given a detailed Spec Book that includes room by room list of equipment with their dimensions, electrical requirements, plumbing requirements and HVAC needs.
Spa Layout & Function
Create Spa Spacing and Square Footage Analysis
Create rough, bubble drawing floor plan for design intent
Review and Appraise all Working Plans
Recommend Electrical Outlet Placement, Data & Communication Requirements & Music Needs
Equipment Specifications
Provide Architect and Design Team with Detailed Spec Information on all Equipment
Liaise with Technicians on Installation of Equipment
OPERATIONS INFRASTRUCTURE
This final step in developing a new spa is to implement the operational systems. The first task is to define the guest experience and the staff responsibilities. Standard operating procedures (SOPs) are created including the personnel manual, day-to-day operations, and treatment protocols. This phase culminates with the creation of a three to four week pre-opening training program. LEXI DESIGN will be on-site for a minimum of five days to oversee all instruction and implementation.
TURNKEY SYSTEMS
Operational Flow + Guest Experience
Spa Policies + Procedures
Organizational Chart + Job Descriptions
MANUALS + TRAINING
Personnel + Operations Manuals
Daily Duties: Opening + Closing Procedures
Treatment Protocol Manuals
Back of House Forms
Recruitment + Hiring
Staff Training Schedule
RETAIL PLANNING
Your spa needs a finishing touch that feels visually and emotionally interesting. LEXI DESIGN continually follows the pulse of indie products and small-business merchandise in order to create a retail mix specific to you. Based on the budget and brand, we develop a retail criteria that gives a thoughtful viewpoint to choosing specific products. We then curate a special mix of products and merchandise, advising stock quantities of each item. The visual story is then formed starting with the retail planogram–a blueprint of storefront product placement and organization. Pre-launch, LEXI DESIGN joins you on-site to help set up the retail space and create this retail storyline with entertaining "shelf talkers," on-brand labeling, and organize the back of house systems so you're ready sell in store and online.
Retail Selection
Determine Retail Budget based on Square Footage
Create Brand Criteria
Research + Recommend Retail Mix
Recommend SKUs + Quantities
Planogram
Create Shelf by Shelf Product Placement
Organize All Opening Order Invoices
Assist with Visual Merchandising
Create Retail Shelf Talkers
Point of Sale
Select POS Software + System
Assist with Pricing + Labeling
Create Online Store