Category: Business Plan


5 easy steps to Credit repairsThere are unfortunate stroke of fate and you have fun yourself neck-deep in bad credit. Credit repair seems to be a need for an hour. You need a dolphin jump-to free themselves from the shackles of bankruptcy and you are out of ideas. You are loaded with banks and warning notices. How do you handle this stress bad credit? You just lay and bankruptcy can dig a nightmare for you. This is really getting on your nerves. Well, it seems very smell sensation. It was miserable if you are stuck with bad credit and you need a quick guide to credit repair. View Full Article »

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Business Banking – Professional AdviceAt first, you will be offered lots of advice and support to make your business – enterprise schemes often run seminars and providing free software to help you manage your accounting, for example. Local mentoring schemes can provide a useful way to make contact with others who have set up in business and an excellent opportunity to network. When it comes to tax and accounting, however, you may want to ask for help from specialists. Especially if your business has a turnover of large or complex financial, using accountants can make a world of difference. View Full Article »

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Operation plan

Operation planA small shop adjoining the arcade has become vacant and can be leased for $150 per week on a three year plus three year extension agreement. Rent review will be required if the extension is taken. The shop is virtually empty and will need fittings to make it into a salon; satisfactory electrical and water (hot and cold) services are installed.

Public rest room facilities are available in the arcade. The shop area will permit a double sink setup for hair washing, four chairs for service a small walled, separate room for stock and office making as well as a waiting area with two chairs and a two seat lounge plus magazine table. Plot plants will be used as area separators and add a feeling of comfort. View Full Article »

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The Price

The PriceHairdressing equipment both fixed and manual is required along with consumables stock. Product supplier will arrange for short term credit against orders if an exclusive is agreed, and stock will be offered for customer purchases. This will be more a convenience than anticipate profit opportunity although the markup will permit a 50% gross margin on sales.

The customer have each saved $5,000 for the venture, Leigh Wilson’s fiancé is investing $3,000 as a silent partner for a total cash investment of $13,000. A $5,000 bank overdraft facility is needed to support negative cash flow during the first 6 months of operation. The overdraft may be secured by the purchased equipment (47% of value) and cash flow access. (Personal guarantees will be provided including the silent partner). Each operator partner will be paid, or credited, a wage of $20,000 per annum on a View Full Article »

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