BARBERSHOP SUCCESSION PLAN2Barbershop Succession PlanWhat is the long-term direction of your company? Do you have an effective strategic plan guiding your course and direction?We aim to be an entire business with a discerning customer based. We also intend to contribute positively to our community while providing a combination of World Class Services not currently being offered by our competitors. We also intend to increase our customer base by becoming the most sought-after barbershop; this will improve our profits. In addition to being a productive enterprise, we aim to make our group a trustworthy destination where they can renew themselves, strengthen their energies, and network with friends and colleagues. Our long term strategic plan include:Develop a service-based business aimed at satisfying consumer needs and expectations.Increase our sales substantially at the end of year two and to double-year-one income by year 3, and continue in that manner.Increase our customers' number by at least 20 % annually by providing improving our superior performance and referrals through word of mouth.