An important decision both for your salon's business plan and to precede any renovations on the salon space itself, is the design of the interior layout of the salon. Consider the following concepts whether you design the space yourself or work with a designer or architect.Waiting SpaceIf you have projected the customers you will serve per day (and you must do this) then you should be able to calculate the average number of customers you will...more
The choice of services for your salon should be described early in your salon business plan so as to be clear to readers what the salon will do for customers. As the term "salon" includes hair salons, nail salons, spa salons, beauty salons, and more, the service options for your business are wide and depend on your expertise and these consideration.Service OptionsYou can try to focus on one of these categories only or try to serve a combination....more
Of the many decisions a retail store entrepreneur has to make, these three stand out as essential to the eventual success of the store.Store Layout DesignWhen designing the interior layout of the store, begin with consideration of the customer experience you would like to create. While some might say that the purpose of a store layout design is to maximize potential shelf space and the products that can be displayed, this may not be in the best interest of your store. Apple Store locations, for example, have a layout focused on open space and product demonstrations, with shelves featuring products seeming to be an afterthought. These store are designed to support the image of Apple as a fun and aspirational brand, whether or not purchases occur during a customer's visit to the store.Your layout must include consideration of legal and safety concerns amidst business decisions about shelf space, customer flow, and register location. Laws govern the number and accessibility of exits, width of passageways and availability of bathrooms. Consult with an experienced designer or reputable resources before opening to make sure you have taken these type of rules into consideration.Waiting...more
Creating the business plan for your spa is a great opportunity to look ahead past the pre-launch and fundraising phase, which is probably all you can think about at the moment. The operations plan requires an understanding of the key operations systems for your day spa. Whether they use software or paper checklists, these are operations systems you...more
When opening your own coffee shop, think deeply about the specific neighborhood you are in and methods that might work for you to reach customers. Some of these may be methods other coffee shops, bars, and restaurants have used, and others may occur to you by thinking from the perspective of your customers. Here are two examples of common marketing...more
Quality assurance is an important element of the used car business, and your methods should be explained in your business plan. Used car dealers must be able to know that the cars they sell are sellable to keep a positive reputation in the community and to avoid any legal entanglements. Lemon LawsFirst, a used car dealer should know the so-called lemon laws of the state he operates within. Lemon laws protect customers who have been sold a car which does not meet standards of quality and performance. Know your rights and responsibilities as a used car dealer and what kind of due diligence is required. Car HistoryYou should look into the history of the car, provided by the previous owner and verified by you. Carfax and similar services should be able to verify that the car has not been stolen and to look into its inspection history. A trusted mechanic should check the condition of the car and write a written report about it. By building a long-term relationship with such a mechanic, you can be more assured that they will be honest and thorough in their work, and not leave out issues, for example, on the hopes it will bring more work to them when a part fails down the road.Show the...more
Putting together your management team for your catering business requires you to take stock of where your expertise really lies. The skill sets and workloads required of the sales and operations aspects of the catering business are such you will...more
A business consultant launching his or her own business has the chance to choose the competition they will face by choosing the type of services they will offer. Whatever your choice, this information makes its way into the business plan in the...more
Author: Andrew RogersonBuying or selling a business is a major step for all entrepreneurs. It comes with obvious financial risk which everyone understands and prevents many would-be-entrepreneurs from starting their journey. However, an element...more
Author: TJ PhilpottThe real keys to success for an internet business have more to do with what can be found within the person then it does with any business plan or structure. Marketing on the internet successfully involves the ability to adapt to a...more
Author: Hannah OgdenThe river in Texas Hold’em is the last community of card. You will not see the river card unless you have a strong hand that is a favorite to win or you have a draw to a winning hand. Once the river card is turned over, you know...more
Author: Hannah OgdenWhat is split pots in Texas Hold’Em? When two players have the same hand, the most common hands, it comes down to a matter of kickers. When hands are the same like two pair versus two pair, it often just comes down to who has...more