A Business Plan on the Establishment of Gandara Palace Salon at 194 AFP Road, Barangay Holy Spirit, Quezon City

Abstract

The Gandara Palace Salon study, aims to provide best solution to budget minded customers who need an affordable but creative and glamorous looks, which will increase the confidence of a person, as well as providing the looks they want to be in their special occasion or events because nowadays, physical appearance is very important. First, the researcher examined the respondents profile such as name, age, and gender. Then, they focused on gaining the thoughts and opinion of the respondents in order to better serve the respondents in the future. The proponents conduct an overall study to discuss the feasibility of the proposed business and its existence. A multiple methods design were used. Using a multiple choice questionnaire and open ended questionnaire which allows the respondents unlimited number of possible answers in detail and clarify responses. The researchers formulated the survey questions in a way that they can identify, determine and rate the opinions and reactions of potential customers about the location, the target population or respondents of this survey for the Gandara Palace are the residents located at 194 AFP Road Barangay Holy Spirit Quezon City.The proponents formulated a survey from the target population within the area of Quezon City. The proponents had selected 100 potential customers, from different ages. Majority of the respondents viewed the Ganda Palace Salon as a viable and accessible business they would look forward in the future. The location of the proponents were also reviewed by the respondents, since they are just along the vicinity of Gandara Palace’s location they said that the salon’s location was accessible to them. The overall survey and interview was done by the proponents to the respondents and have a positive outcomes to the salon. The result of the study finds that the salon business is viable in the selected location. It is recommended that to ensure the viability, the promotional activities must be formulated and done effectively. The management should focused on training the employees to better serve the customer and to have technical know how to prepare them for future branching out. Financially Aspect the business needed to invest in excellent equipment and facilities to start up the business.