Hi all,
This may have been covered previously, would appreciate if anyone can advise..
I am hoping to set up a Beauty Therapy Salon in partnership with my friend.
She's not very business minded but is about to qualify with NVQ level 3, so I'm the business brains, whilst she is the beauty brains..
The plan was that she remains a silent partner until she has gained enough external experience to join us as staff, whilst I manage the place behind the scenes as manager and employ an assistant manager to run the day in day out stuff on the floor.
I have no qualifications in the beauty industry (I'm actually a Construction Project Manager by day!) but I wasn't sure if I am required to, as manager.
I will not be delivering any services myself (not yet anyway!).
Also, would anyone advise against me taking this venture on if I'm not intending to muck in myself? For me this was going to be my 'thing on the side' to stretch my business abilities.
We are currently securing the unit and have negotiated the fitout costs.
But I still have a lot of weighing up to do before proceeding any further, so it's not to late to back out...?
This may have been covered previously, would appreciate if anyone can advise..
I am hoping to set up a Beauty Therapy Salon in partnership with my friend.
She's not very business minded but is about to qualify with NVQ level 3, so I'm the business brains, whilst she is the beauty brains..
The plan was that she remains a silent partner until she has gained enough external experience to join us as staff, whilst I manage the place behind the scenes as manager and employ an assistant manager to run the day in day out stuff on the floor.
I have no qualifications in the beauty industry (I'm actually a Construction Project Manager by day!) but I wasn't sure if I am required to, as manager.
I will not be delivering any services myself (not yet anyway!).
Also, would anyone advise against me taking this venture on if I'm not intending to muck in myself? For me this was going to be my 'thing on the side' to stretch my business abilities.
We are currently securing the unit and have negotiated the fitout costs.
But I still have a lot of weighing up to do before proceeding any further, so it's not to late to back out...?