• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Small Business (Barbershop)

Extracts from this document...

Introduction

Bush barbers (small business) Introduction I am writing about bush BARBERS, a small business that I have investigated. The owners of the business are Mr. Peter and Mr. Adel. I choose the business because I like the way it is run, I know the owner and I am a customer of the business. Bush Barbers is a small barbershop located in shepherds bush, London. Main activities The shop's name is 'BUSH BARBERS' and it's a partnership The main activities of the organisation are the selling of different services, such as hairdressing, nail care, massage and hair colouring depending on the customer's demands. Its main aims are the expansion and getting the maximum profits. This is broken into small objectives like satisfying the costumers, spend less money on employees and more on modifying the business, advertise the organisation on TV, Radio or news papers and always be ahead of competitors in attracting costumers and providing good services. Smart Objective Bush barbers have setup a smart objective lately. ...read more.

Middle

The state of the local economy is important concerning the average income of residents in the area. If the small business is located in an area with middle class residents that can afford to pay the hairdressing costs. If the hairdressing salon moves to an area with lower class population, the prices have to be lower and the profit will then be less. Low profits are not beneficial to the owners, and in this case more then one owner will have to share less profit because it is a partnership business. Competition can affect a small business largely because; the owner may not have experience in the management of a business or the competing against other business in the same section. Lower competition rates are essential for a fresh starting business, so the owner has to search for a location with low competition rate. This could be done by searching for other hairdressers in the area you want to work in, if there are too many the owners have to consider looking for a new location. ...read more.

Conclusion

* A mix of activities including; the Concord shopping centre, mixed-use areas of local shopping, caf�s and bars on Uxbridge Rd and on Goldhawk Rd, leisure and entertainment uses at the western end of the Green, and Shepherds Bush markets linking Goldhawk and Uxbridge Roads. * The centre has been unattractive to new investors in recent years - and there are few national high street retailers. * The centre caters not only for local shopping needs, but also for a distinctive ethnic food and goods market, which attracts shoppers from African, Caribbean and Arab communities over a wide catchment area. * Growth in the evening economy with a number of themed bars and pubs opening * The vacancy rate of shop premises has remained steady over the past few years - slightly higher than the national average. The vacancy rate in the market has increased. * More about public transport: * New bus station on the Wood Lane frontage, improvements to bus network and contribution to bus priority measures on new routes. * New West London line station at Shepherds Bush, with interchange facilities to the Central Line station ?? ?? ?? ?? small business 1 Mudathir Subahi ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. Ao1 : aims and objectives

    If prices have raised dramatically it could result in recession, as less people are willing to spend money on expensive goods and services. In order to prevent this Tesco would try their best to maintain earning profit and would have to reduce prices consequently.

  2. Business Aims and Objectives.

    Starting up a private limited company is very expensive so this could mean the owner will not have a lot of money to spend on the business once set up. Therefore the owner will need a lot of money while running the business.

  1. For my report I will be looking at two businesses, a small business and ...

    Some supply fewer facilities than others, e.g. my local Asda store is located in Park Royal, London and contains all the facilities shown below. Another store that is situated in Clapham Junction, London provides the same amount of services, but different ones. Park royal Clapham Junction Key Store Facilities � Pharmacy � Fresh Fish Counter � Music

  2. My business idea is to open a fish and chip shop.

    The results that I obtained were more a less expected as people consider the price of chips to be a �1 and a typical bag of fish and chips to be �3.90. I have produced a menu with all the prices the location and the lunch time special deals.

  1. COMMUNICATION NEEDS OF A SMALL BUSINESS

    These sites are good for short term marketing but will loose interest after the plot has been revealed and the product, service or system has been announced. These sites are hard to pull off as they are made mainly in flash and have to have special domains that when traced don't give away the business location.

  2. Beatuy salon Buisness

    They all have an equal say in making decisions and equal share of the profits according to the agreement called the 'deed of partnership'. Advantages > The main advantage of a partnership over a sole trader is shared responsibility. This allows for specialisation, where one partner's strengths can complement another's.

  1. "Franchising and small businesses"

    * The franchisee owns his business and this assumes that he will be highly motivated to maximize his profits. A successful franchisee with increasing profits can be expected to contribute to the ultimate success of the franchisor. * Franchisors receive income from franchisees through franchise fees and royalties.

  2. At present, the owner (Mr Chohan) has a pizza outlet in West Bromwich. He ...

    and make a judgement to whether the customer base matches that of Handsworth. > To establish demand for Pizza's from the proposed shop in Handsworth. * Here I will be required to complete primary research to reinforce the secondary research I have carried out.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work