6 pts
4 pts
2 pts
1 pts
The Industry is the segment of the overall economy the business operates in. For instance the tech industry. The research of the industry will reveal if there is a need or market for the business’s product or service offerings. The ease or constraints to entering the industry.
The business objectives are results the company aims to achieve. The objectives usually include a time frame and list the resources needed to attain the aims
Create a market plan to show how will you market your business? What ways will you utilize social media? How will you bring in new guest? How will you network? Make a list of clientele you will have from friends and family.
Add up your back bar exp. report, add up your personal bills. Now add them together. Create a monthly calendar of how much you need to make each day in the salon to make a profit.
A realistic and idealistic future the business owners want to attain and intends to be experienced by the people the organization interacts with.
A Business Strategy is a clear set of plans, actions and goals that outlines how a business will compete in a particular market or markets with a product or number of products or services.