Store Operation Manual

Women’s Beauty Salons

The services provided are for beauty purposes and do not include any claims related to health or medical benefits, nor do they restrict the use of products according to another system.

Feasibility study and business plan

1- Preparing the Feasibility Study

Feasibility studies and business plans are important tools to prepare in the early stage of a project idea, to build a thorough understanding of the requirements, procedures, and operations.

Main Pillars of the Feasibility Study

01

Market Study

02

Technical Study

03

Financial Study

Feasibility Study's Key Elements

Select product or service

Calculate expected Costs

Know the expected order quantity for the selected products

Estimate business returns from sales

Business methodology

Economic feasibility of the project

2- Business Plan

The business plan contains multiple sections that represent a comprehensive vision for the establishment and management of the business and include a brief and clear summary of the work mechanism, expected requirements, revenues, costs and other basics of starting a business.

Benefits of a Business Plan:

Define objectives accurately and provide information to support decision-making

Cost control and ease of management

A clear and approved plan to share ideas and information with stakeholders

Explain the interdependence between the components of the work

Identify challenges, potential development opportunities, and requirements for the success of your project

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latest changed date 27 October 2024

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