researching the business

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Task 6: Researching the business

   The business that I chose to visit and research was Toni & Guy a very well known hairdressing salon located in Stockton Heath. The reason I chose to visit and observe it is because this hairdressing salon is located in the same area that I would want to place my own business. Also I think it would be my main competition and by researching it I would hope to collect data that would help me compete with this business.  

   I think that the business started off as a partnership as when the business was first opened it was by two brothers named Toni and Guy who were sharing responsibility for managing the business. As the business has progressed I think that it has now formed in to a Public Limited Company. The reason I think this is because as the business has got bigger and franchised the company's shares have been offered for sale to the general public and members' liability is limited to the amount unpaid on shares held by them.

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   I think the aims of the business are to provide a hairdressing service that will suit everybody and will be able to offer people exactly what they want. Also I think the business wants to provide quality to ensure the respect and approval of customers so that they will return.

   The business is located in Stockton Heath, I think this is important to the business’s success because Stockton Heath is well known for hairdressing business’s. This shows there is a large market for this type of service and I think the business has definitely taken advantage of this ...

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