Cosmetology: You... A Salon Owner

15.00
Online
Elective
Please select your state to enroll in this course
Learning objectives

  • List the characteristics and skills commonly associated with successful entrepreneurs, and consider whether you have them.
  • Understand the questions you must ask yourself before deciding to open your own salon.
  • Describe the elements of a business plan.
  • List important elements and steps to finding the right location for a salon.
  • List the sources of financing for your business, and how to determine which is right for you.
  • Describe the options for the legal structure of your business.
  • Explain what a “doing business as” name is, and what you must do when you create one.
  • Describe your employer tax obligations.
  • Understand your employer responsibilities, according to the law.
  • List the elements you must consider in start-up costs, necessary assets costs, and ongoing monthly expenses.
  • Explain the difference between a-la-cart pricing and bundling.
  • List elements to consider when determining your optimum pricing.
  • List the important retail products you should carry.
  • Describe some innovative ways to promote your business.
  • Explain the kinds of employee compensation you may consider.
  • Describe tips to becoming an effective manager.
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You... A Salon Owner

15.00
Learning objectives

  • List the characteristics and skills commonly associated with successful entrepreneurs, and consider whether you have them.
  • Understand the questions you must ask yourself before deciding to open your own salon.
  • Describe the elements of a business plan.
  • List important elements and steps to finding the right location for a salon.
  • List the sources of financing for your business, and how to determine which is right for you.
  • Describe the options for the legal structure of your business.
  • Explain what a “doing business as” name is, and what you must do when you create one.
  • Describe your employer tax obligations.
  • Understand your employer responsibilities, according to the law.
  • List the elements you must consider in start-up costs, necessary assets costs, and ongoing monthly expenses.
  • Explain the difference between a-la-cart pricing and bundling.
  • List elements to consider when determining your optimum pricing.
  • List the important retail products you should carry.
  • Describe some innovative ways to promote your business.
  • Explain the kinds of employee compensation you may consider.
  • Describe tips to becoming an effective manager.