1. Profit : a financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something.
2. Increasing sales revenue : the amount a businesss get by seling his goods or services
3. gaining and larging market share : expanding your business
4. Growth: to enjoy the economies of scale this means they are able to produce their goods and services for a lower cost.
5. Providing employment: small businesses are often set up in order to provide employment for their owners
6. Survival: If a business is in difficulty it may have to put all it's efforts, into simple survival.
Exercise :
(financial advisor)
I understand that you need a job to provide for your family and that you want to be a beautician.
It's important to know about your aim because being the only provider in your family will need an objective as clear as possible. Of course you want a lovely salon, saddling yourself with a large debt payment when you're just opening is a recipe for sleepless nights. Strike the right balance. Save your valuable pennies for promoting your salon. So if you're thinking about starting your own hair or beauty salon I will help you see the way forward. Think about:
- your financial resources
- range and level of services you offer
- your client base
- marketing activity
- salon team
Clients are not mind-readers, you have to communicate with them cleary and often.
Okay goodluck, bye.
No comments:
Post a Comment