Product/Service You Will Offer • Type of company you plan to start? A hair salon • Explain product/service thoroughly. • Haircuts and colors 2 What need does your product fulfill? It will give people somewhere to gt their hair done their way 3 Group of Potential Customers • Teens, Parents, Children, elders 4 Are there any major competitors you are presently aware of? • Bigger hair salons. 5 What must your business site have? • Easy to get to • Client reviews • Makes brand stand out • Get emails 6 ...
Presentation Outline • Using Economic Programs Data To Better Understand –The target market –The competition and the industry –Complementary businesses –Business suppliers 2 Sample Scenario: An entrepreneur is interested in opening a hair salon in the DC metro area. She has contacted us to find out what information the Census Bureau provides that may help her understand this industry, gather some data for her business plan and loan application, and identify a good place to locate the business. How will we help her? 3 Is it Only About My Customers? • No! While Census does publish ...
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