Wig Business Plan Template [Updated 2024]

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VIII. Management Team

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You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Management Team Members

[Company Name] is led by [Founder’s Name], who has been an expert in the hair and wig care industries for [X] years. She began her career as a hairstylist and eventually transferred her skills to caring for and styling wigs as well. [Founder’s Name] has been in the business long enough to know that buying and styling a wig is a difficult or uncomfortable experience for many customers. However, many stylists and businesses that sell wigs don’t treat these customers with the respect and compassion they deserve. This inspired [Founder’s Name] to start a wig business focused on compassion and empathy.

Though [Founder’s Name] has never run a business herself, she has been in the industry long enough to have an in-depth knowledge of the operations and marketing sides of the business. She will also hire other professionals who can help with the other aspects of the business she is unfamiliar with.

Hiring Plan

[Founder’s Name] will serve as the Store Manager. In order to launch, she needs to hire the following personnel:

  • Assistant Managers (2 to start)
  • Sales Representatives (3 to start)
  • Accountant (1)
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