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Starting a Spa Business
Created On: 15/08/2009  - in Small Business Guide  - Comments  (80)

Growing number of spa goers in the USA has led many entrepreneurs to think about starting a spa business. Once you have decided to enter into spa business, you must do some market research to identify a niche in the spa market or type in which you have relevant knowledge and can cater to customer needs in an effective manner. Most important thing is that one should have right resources and right knowledge to start the desired type of spa. 

Here are some important points to consider before starting a spa business, which will definitely help you get started.

Type of spa:

Carefully decide your spa type, i.e. in which type of spa business you want to enter. There are a number of spa types in market such as: Day spa, beauty spa, luxury spa, resort spa, wellness centers, holistic services, and detoxing, etc. Carefully pick one according to your knowledge, expertise and budget. It is very important to consider your budget, because each spa type requires different capital and investment. Once you have decided your spa type, next step is to pick location.... read more
 
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Restaurant Business Plan
Created On: 08/09/2009  - in Small Business Guide  - Comments  (34)

A restaurant business plan is a crucial document for anyone who is planning to start a restaurant business. A restaurant business plan is as important as having a good recipe. Your restaurant business plan must contain all the necessary details which will help the investors to know how your restaurant will be successful in the competitive restaurant industry. A restaurant business plan must be made for two purposes: First is to attract investors and lenders, and second is to know the nuts and bolts of starting a restaurant business in proper manner.

Your restaurant business plan must contain the following key components: An executive summary, business overview, location, business concept, sample menu, layouts and design, market strategy, competitive analysis, industry assessment, marketing strategy, operational plans, management team, financial projections and many more sections, which will guide you to start a restaurant business. ... read more
 
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Measure Your Business Plan Results
Created On: 16/09/2009  - in Small Business Guide  - Comments  (29)


Business plan
 
is a vital document that is made with lot of efforts. It is not written to stay in the shelf and to get covered with dust. Business plans are not consistent; entrepreneurs can change them according to the changing trends of the business world. Business world is changing constantly, that is why it is important to make crucial changes from time to time. Entrepreneur is a person who has his eye on every changing trend of business world and he wants his business to be successful at any cost, so he can make necessary adjustments in his business plan anytime.

Corrections, reviews and revisions are being implemented by those business entrepreneurs who were unable to foresee the economic crisis, endangering their business. ... read more

 
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