Day Spa Business Plan - 1060 Words

Total Transformations Day Spa Business Plan Brenda Anderson University of Phoenix - Axia Total Transformations Day Spa Business Plan Description of My Business My plan for Total Transformations Day Spa concentrates on the needs of the client’s appearance and an overall feeling of well being. I will provide professional staff who offers an array of services that grants the clients assistance in hair care, tanning, and nail care as well as the total comfort in spa care. Here we focus on the entire family population that has a desire to look and feel better. We have an ample supply of top-of-the-line products for each department that our clients will be encouraged to purchase for enrichment of their services provided here at†¦show more content†¦Ã¢â‚¬ ¢ I will also have, before I hire any employees, an attorney whose specialty falls under labor laws. We will be prepared due to the risk of having employees. Managers Use of Financial Information I know that providing information of financial reports is the primary objective for useful and productive decision making. This is absolutely critical for a manager in a business. For this ability I will depend on the financial reports to give me an idea of where the profits and losses were for a specific period of time, and it gives me a business look at the past, present and future in regards to expenses of operation. Within these expenses is an array of costs that include; lease or payments of buildings, salaries, utilities, profit margins, product cost, employee expenses, company benefits, comp insurance, supplies, equipment, and any other outgoing expense for the business including accounting and attorney fees. Thank you for your time and consideration. We look forward to doing business with you. Below, I have provided a look at what is expect through a monthly Balance Sheet here at Total Transformations Day Spa: [pic] As you can see from this mock Balance Sheet of our business, it (1) has enough assets to pay our debts when they are due, and (2) the claims of short and long-term creditors onShow MoreRelatedManhattan View Day Spa Business Plan1210 Words   |  5 Pages Business Plan OWNERS: Bishoy Meawad Manhattan View Day Spa 100 Old Palisade Rd, #103 Fort Lee, NJ 07024 (201)889-889 (973)998-998 MVdayspa@orl.com MVdayspa.org I. Table of Contents I. Table of Contents ................................................................................................... 3 II. Executive Summary............................................................................................... 4 III. 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