Vocab
Guarantees protection against financial loss from malpractice, property liability, fire, burglary, and theft, and business interruption
What is insurance
Set of benchmarks, once achieved, help you to realize your mission and your vision
What is goals
The success of a barbershop depends on the attitude and quality of this
What is personnel
The first area of opportunity for building business
What is social media
What is retail supplies
During these years you might want to move on from being a full time barber into a full-time manager of the business
What is years 11-20
The key duty of a receptionist
What is booking appointments
Encompasses promotional efforts that are paid for and directly intended to increase business
What is advertising
The rules and regulations adopted by a barbershop to ensure that all clients and associates are being treated fairly and consistently
What are barbershop policies
Includes the owner's resume, personal financial information, legal contracts, and any other agreements
What is supporting documents
The cost per square foot to create a barbershop
What is $75 to $125
As a general rule, advertising cost's should never exceede what
What is 3% of your gross income
All of these documents detail who does what and what is given in return
What is written agreements
These not only lay the foundation of acceptable guidelines regarding hiring and firing but also build a framework for day-to-day policies and procedures and safety
What is Laws and Rules
How long before the appointment should the barbershop call to confirm the appointment with the client
What is 1 to 2 days
After what amount of time should you personally contact any client who has not been in
What is 8 weeks
The Chamber of Commerce in your proposed area typically has information on this
What is demographics
In most cases, whether or not you are profitable, you must pay the fee in this business
What is a Franchise
What is the Equal Employment Opportunity Commission (EEOC) and the Americans with Disabilities Act (ADA)
What should you always include in newsletter and discount emails
What is an unsubscribe link