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Chief Executive Office Responsible for providing direction for the nail salon. Responsible for building a strong customer care system.
Responsible for fixing prices and signing business deals Responsible for signing checks and documents on behalf of the company Evaluates the success of the business.
Reports to the board Coordinates training programs for budding entrepreneurs. Handle all paper documents for the coy. Identifies training and development needs for the employees through job analysis, appraisals and consultation Designs job descriptions Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes Facilitates and coordinate strategic sessions.
Works directly with the chief executive officer Accountant Responsible for preparing financial reports, budgets, and financial statements for the organization Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
Responsible for financial forecasting and risks analysis. Performs cash management, general ledger accounting, and financial reporting for one or more properties. Creates styles that are creative Gives clients a lifetime experience for patronizing Nail Salon Business Plan — SWOT Analysis Fingers and Toes nail salon has engaged the services of a core professional in the area of business consulting and beauty to assist the firm in building a solid consulting firm that can favorably compete in the highly competitive consulting industry.
Part of what our team of business consultant did was to work with the management of the firm in conducting a SWOT analysis for Fingers and Toes Nail salon.
Our core strength lies in the power of our team; our workforce. We have a team — made up of the Vietnamese women that can go all the way to give our clients value for their money.
We are well positioned and we know we will attract loads of clients from the first day we open our doors for business. As a new nail salon in the area we have decided to operate from, it might take some time for our organization to break into the market; that is perhaps our major weakness.
The opportunities in the nail salon industry can be said to be very promising despite the high level of competition that abounds. One of the opportunities is the fact that there are loads of people that engage the services of manicurists, and we will strive to be the leading ones.
Some of the threats that we are likely going to face as a nail salon operating in the United States are unfavorable government policies, the arrival of a competitor within our location of operations and new trends in trade that often affect patronage.
There is hardly anything we could do as regards these threats other than to be optimistic that things will continue to work for our good. As a matter of fact, this is one of the things that makes most nail studios to spruce up their creativity level so that they In this type of business, one of the things that could possibly make one stand out from the competitive crowd is having a top notch customer service.
If possible there is the need to place a follow up calls to all clients from time to time.
In addition, no matter how bad the economy may be, people still fund or rather still deem it very important to have their nails done. This simply means that there would be more money coming into the coffers of those who operate the business, even though the economy bites hard at the people. Our Target Market The target market which we are all out to serve are primary the female folks.
This is because of the fact that they are the ones who will leave no stone unturned in seeing that they look their best. Whilst some may do this to continue to be attractive to their partners, yet others cannot just do without looking good.
As such, our target market cuts across all sectors. Also our nail salon will have a variety of practice areas to help budding nail manicurists grow. Our target market cuts across women of different class and people from all walks of life, local and international organizations as well.
We are coming into the industry with a business concept that will enable us work with the highly placed people and celebrities in the country and at the same with the lowly placed people and smaller businesses. In other words, our target market is the whole of the United States of America and subsequently other parts of the world.
Below is a list of the people and organizations that we have specifically designed our services for; Females in the Banks, Insurance Companies and other related Financial Institutions Females in Businesses and Entrepreneurs Mothers College students Our Competitive Advantage A close study of the beauty and nail industry reveals that the market has become much more intensely competitive over the last decade.
As a matter of fact it is becoming really tough to break even in this market because of the number of people who are in it. This is one of the reasons why we have added other services that are beauty related; this is so that we do not miss out in any way. Fingers and Toes nail salon may be a new entrant into the business beauty industry in the United States of America, but the management staffs and board members are considered gurus.
They are people who are core professionals and licensed and highly qualified beauticians in the United States. These are part of what will count as a competitive advantage for us. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning ;that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization.Our full service salon and spa offers massage therapy, body treatments, facials, nail care, hair care, makeup and more.
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