No longer can reputation and know-how sell you in the salon and spa industry-we are living in a visual world. Even if your prior work experience and references outshine the rest, there is one thing that will exceedingly elevate your business: a look book.The foundation of a look book is to create photographic representation of your ability to turn the regular into the remarkable. Aside from proving beneficial from an interview standpoint, look...more
Since the dawn of the Internet age, the Internet has irreversibly transformed the way communication can be done. Out of the many products of the Internet Age is electronic mail or simply email. It defies the limitation of physical geography, eliminates the painstakingly repetitive chores and gives rise to automation. In addition, the email comes cheaply; in fact, it has the luxury of being provided as free of charge.Taking advantage...more
You're up an running, everyone is wishing you well, all your friends promise to buy from you every day, you have fired your boss, your doors are open and this is the brilliant start to the rest of your life...You enthusiastically launch into your new business and approach it with energy and vigor for the next few weeks. Like every new business, you are gung ho, dealing with inquiries, orders, deliveries and ordering supplies.Then suddenly your bank manager calls you to say that you are running out of money on the same day that your supplier calls you looking for cash. Yikes!So where has all the money gone?How to get your business working from day one really involves the implementation of a set of checks and balances from the outset to ensure that your business actually follows the plan that you poured over for the bank initially.Here are a few guidelines that you need to follow:1. Prepare a simple budget with all your projected outgoings included including payments for tax and employee related charges. Also include your projected payments to suppliers based on the credit terms that they gave you. Find out as much as you can about "the cash gap" and ensure that you have the funds to...more
Perhaps one of the most important tools for small business success is the fiscal budget. This is a forecast of the anticipated income and expenditure that will be generated by the operations of the company for a period into the future. The time period extends from several months to a year or more ahead of the present time. The fiscal...more
It's always challenging to find unique fundraising ideas. Fundraising products need to meet many criteria: 1. Easy to sell 2. Large market - needed by everyone all year round 3. Competitive pricing 4. Well made and packaged 5. Long shelf life 6. Easy to promote 7. Low competition 8. Above average profit margins Finding unique...more
As you begin presenting your business plan to investors, you will start to hear criticism and feedback. If investors are not forthcoming with feedback, you should certainly ask to hear their thoughts, as it shows you are open to their ideas. Hopefully, at least some of their ideas will be constructive and you can choose to incorporate those changes into your business plan. Pick and ChooseInvestors each have their own preferences when it comes to startups that they would fund. You must keep in mind that part of your plan which may strike one investor the wrong way might be exactly what another one likes. For this reason, you cannot simply incorporate all the feedback you hear from each funder. Youll have to pick and choose what to change and what to leave the same. A good rule of thumb is to not make changes until you have heard the same feedback from multiple sources. At this point you can be relatively sure that you will stand a better chance at being funded if you move in the recommended direction. An exception to this rule would be if you hear a recommendation which seems so intuitive that you feel an immediate need to incorporate it. If your plan has not been vetted by...more
If you're thinking of starting a business of any size, you naturally have one aim: Success. From my experience in business, those who are most likely to succeed are the prime source for their products. That is, they make what they...more
When starting a construction business, you may want to try to maximize revenue by taking jobs for businesses, private individuals, and the government. Keep in mind, however, that there are specific skills, challenges, and benefits involved with...more
Rugby union is a popular sport in Italy. The sport is thought to have been introduced to the country in the early 1900s, with an organizational committee being established in 1911. The Super 10 competition is the main club rugby...more
A business plan is never complete without a thorough discussion of the experience that the management team has that will enable it to succeed. For a clothing store business plan, readers will want to see experience in three separate areas: the...more
The Scottish Rugby Union (SRU) is the governing body of rugby union in Scotland. It is the second oldest Rugby Union, being founded in 1873. The Scotland national rugby union team represents Scotland in international rugby union. Rugby...more
The Welsh Rugby Union (WRU), was established in 1881, the same year that Wales played their first international against England. Wales' performances in the Home Nations Championship (now the Six Nations) continued to improve,...more