SALON MANAGEMENT & BUSINESS BUILD

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SALON MANAGEMENT & BUSINESS BUILD LEVEL 3 BEAUTY SALON MANAGEMENT & STARTING YOUR OWN BUSINESS 1

SALON MANAGEMENT & BUSINESS BUILD The Salon Management & Business Build course has been designed to allow you to learn with ease. Based online, you ll learn at a pace that suits you, from the comfort of your own home! The course will take approximately 160 hours, and you have up to 2 years to complete it. This means you don t have tight time constraints hanging over you, you can work alongside learning, and fit it around your commitments. You ll receive all your course information and materials by email and there will be online support from specialist tutors whenever you need it. You ll also be able to send your written assignments by post or email - it s never been easier to take your career to the next level! Throughout the course you will gain the necessary practical and theoretical skills of those aspiring to own and run their own beauty salon - building your beauty empire couldn t be easier! CONTENT The course is the perfect accompaniament to anyone looking to own their own salon, or to those who want to boost their knowledge in this area. The course allows you to understand the crucial elements needed to be successful in Beauty Salon Management and for the knowledge of starting your own business. The course will allow you to: Understanding business plans and how to create one Explore profit and loss accounts and how to manage them Conduct market research that benefits a business Understand the legislation of setting up your own business Study the recruitment process, from interviewing to employee rights Understand your competitors and how you can outperform them Explore the different marketing strategies that will help increase sales Duration: 160 hours (on average) Certificates: Certificate of Achievement by ABC Awards in Level 3 Beauty Salon Management Certificate of Achievement by ABC Awards in Level 3 Starting Your Own Business Learner Unit Summary Included as part of the course fee: Course learning materials Online learning access Dedicated tutor support 2

About the Course UNITS The course has undergone external quality checks to to ensure the course and the corresponding materials meet high standards required by the industry.the completion of the course can be used as evidence of knowledge and skills towards regulated qualifications in the future. You will receive a Learner Unit Summary which can be used as evidence towards your Recognition of Prior Learning. Our course content has been carefully selected to equip students with a broad range of skills so they achieve relevant business and salon management prowess on successful completion of the course. The course has been designed to meet learner requirements and is endorsed under the ABC Awards Quality License Scheme. Throughout your time on the course, you will cover the following units: LEVEL 3 BEAUTY SALON MANAGEMENT Unit 1: Your Idea, Your Planning, Your Business The business plan Phone numbers Websites and email Profit and loss accounts Market research Business objectives Mission statement Further knowledge and legislation Unit 2: Recruitment The process of recruitment Equal opportunities Job advertisements Shortlisting Interviewing Making the job offer Employee rights Inductions Appraisal Unit 3: Salon Housekeeping Housekeeping Health and safety Salon cleanliness Unit 4: Your Customers and Their Care Receptionist Trust and confidentiality A client s visit - step-by-step Unit 5: Financial Management Income and expenditure The cash register Petty cash Invoices Cheque books Accountant Unit 6: Marketing Your Dream Different styles of promotional materials Promoting the salon to potential markets Consumer and market research Customer questionnaires 3

About the Course LEVEL 3 STARTING YOUR OWN BUSINESS Unit 1: Preparing to Start Your Business Why start your own business? Character and motivation Before you start: managing yourself and planning Market research Sales and profits Competitors Financial planning Suppliers Employing people Stock and asset management Unit 2: Defining Your Business Deciding on the form of your business (sole trader, partnership, limited company) How to decide what is best for you Setting goals for yourself Unit 3: Marketing Your product or service Value for money Competition Segmenting your market Pricing Unit 4: Customers Identifying your potential customers Promoting your business Before sale After sale Unit 5: Finance Understanding your business finances Working with figures Break-even point Fixed and current assets Cash flow Sources of finance Managing your money Unit 6: Your Business Plan Why do you need a business plan? The format and structure of your business plan Yourself, your people, your values, your mission Your business model Your market Your competition Development Profit forecast Risks 4

Course Format Course Format Format Hours Registration Fee Course Fee Online 160 hours (average) to completion 100 895 We also offer this course in combination with our ITEC Level 3 Beauty Therapy Treatments course. Speak to an Academy Assessor to discuss this option. 5

Paying your Fees Paying Your Tuition Fees We want you to know that there are different options available when it comes to paying for your tuition fees. However we do remind you that the most cost effective way is to pay for your course upfront. Take the first step to starting your new career today by contacting The Training Room s Academy Assessors on 0800 021 6049 or register online at: www.thetrainingroom.com/registration-beauty Registration payments can also be made using one of the methods below: Debit or Credit Card To make payment over the phone please call your Academy Assessor on: Bank Transfer Please use your name and course location as a reference. Here are the details you will need to make a bank transfer: 0800 021 6049 Lloyds Bank Account Name: TTRPT LTD Account Number: 51346368 Sort Code: 30-96-73 BIC: LOYDGB21036 IBAN: GB58 LOYD 3096 7351 3463 68 6

Funding Options Funding Your Course The experienced and friendly funding team at The Training Room will support you every step of the way to secure the funding you need, so your loan application goes ahead quickly, easily and completely hassle free. Our funding benefits include: Quick, simple and easy to apply No deposit required We consider all applicants aged over 18* No hidden fees Tuition Fee Loan APR * Monthly Instalments Monthly Payments Total Amount Payable 895 24.95% 12 83.99 1,007.84 *All loans are subject to individual status and criteria and you may require a second applicant to support your application, your second applicant must hit the following criteria: To be eligible for second applicant status, you will need to be able to answer yes to the following questions: Are you over 21 and in full time employment? Or do you receive a pension? ** Will you still be younger than 75 at the end of the loan term? Do you rent or own your own property? Are you a UK resident? Are you on the Electoral Role? Second applicant responsibilities: The second applicant is obliged to make payments on behalf of the first applicant if the first applicant fails to make the payment It is a joint application so your signature will be required if you intend to go ahead with the loan (NO loan will go live without BOTH first and second applicant signatures) About the loan: There are NO early repayment charges It is a loan agreement payments will begin on the start date stated in the services agreement and are not dependant on the first applicant attending the course The APR is outlined in the table above subject to approval ** Repayments will be set up over 12 months (the start date will be clarified in the services agreement) **Affordability checks will take place during the credit application process. The Training Room is authorised and regulated by the Financial Conduct Authority under reference number: 723720 Registered Office Waterloo House Fleets Corner Waterloo Road Poole BH17 0HL 7