Business of Barbering

What are 2 options for going in Business for yourself?

• Owning a Barbershop or Renting a booth

• Paying Taxes or exemption

• Getting a license or certification

• A Barber or Cosmetologist

What do you use as a guide to the actions of your organization?

• Regulations

• Branding

• Vision Statement

• Record keeping

• Laws

Documents that govern the opening of a Barbershop

• demographics, location

• timeline, expenses

• insurance, inventory

• Leases, Contracts

A written description of your business as you see it today and for the next 5 years

• floorplan

• business Plan

• written agreement

• oral agreement

What is the first area of a Barbershop clients see?

• Bathroom

• reception area

• shampoo area

• parking lot

Rules and regulations that are adopted by the barbershop to ensure all clients and associates are treated fairly and consistently

• record keeping

• policies

• sole proprietor

• insurance

What are four type of Barbershop ownership?

• Partnership, Sole proprietor, corporation, Franchise
• lease, rent, coop owned, association, shared space

• booth rent, commission, sales, taxes

• key, combination, trade, access code

What Protects you against fire, theft and lawsuits?

• deed

• bank account

• insurance

• lease

What information should be included when booking appointments?

• website, social media, Ig, facebook

• hairstyle, budget, payment type, retail

• race, age, height, weight

• phone number, email address, first name, last name

What are an essential set of benchmarks that once acheived help you realize your mission and your vision?