4-2 Final Project: Business Plan Milestone Four: Financial P

4-2 Final Project: Business Plan Milestone Four: Financial PlanBusiness Department, Southern New Hampshire UniversityOL-317 Small Business Management 03:37:55 GMT -05:00For my salon I plan to use my savings for as much of the startup costs as possible. My savings consist of $65,000 and I also have a decent 401K that I could borrow from if I absolutely needed to. I will also look into a small business loan of about roughly $25,000 to help make sureI have enough start up funds. With this money I will use it to lease a building, get insurance, and make sure I have my business license and everything else needed to make sure that I am compliant. With this startup money I will aals need to buy furniture for the waiting room, furniture like tables, chairs, shampoo stations, and storage for the employee’s space. Lastly, I will need to make sure that I have supplies that will be needed such as nail polish, shampoo, conditioner, wax, foil, etc. I also will be looking at the stylists, makeup artists, and estheticians who plan on renting a space within the salon to pitch in some and bring some of their own supplies such