Community hairdressing and beauty salons are popular with local area residents if the operators are competent and can respond the styles desired by the general age group. A level of imagination is helpful and an understanding of how to deal with customers who must be pleased with results as mistakes will be seen by everyone and distress the customer. Ladies hairdressing is something that is very seldom done at home nearly always at a salon, thus the market is virtually any woman within the area of a salon. Prices is important as well as the competence of the operators. Satisfied customer will bring new clients to a salon.
A small local salon such as that proposed for JANLEE STYLES, will cater for ladies hairdressing needs in the area, it is not intended to introduce general beauty care (facials, waxing, nails, etc) unless it is seen that an opportunity View Full Article »
Jan Anderson and Leigh Wilson have established a partnership under the name JANLEE STYLES to start a hairdressing salon in the Arton suburb. A good location has become available direct competition is minimal and the area growth prospect are attractive. The partners have qualifications as hairdresser and several years experience at a well know city salon. They wish to establish their won enterprise develop the business and progress to ownership of at least one additional shop so that each can have a management responsibility in a group operation.
As indicated a $40,000 bank loan is needed for repayment over a five year period and the financial forecast indicates a $1,000 monthly transfer to the bank for loan repayment. Security for the loan is available by second mortgage on the Rossi home which has been valued at $125,000 and has $25,000 balance remaining on the first mortgage. According to the projections the loan can be repaid without difficulty.
A range of cooked food: hamburger, chips, pies, chickens, is needed along with the regular sandwiches which are mostly requested during work week lunchtime.