Upload
eprater75
View
220
Download
0
Embed Size (px)
DESCRIPTION
Citation preview
Licensure and Starting a Practice
Learning Objectives1.) Form a detailed business plan.2.) Differentiate between types of business
ownership.3.) Have the theoretical tools necessary for
selecting a business location and facility.4.) Use the theoretical tools necessary to set
up a business.
Learning Objectives continued5.) Conduct an employee interview.
6.) Choose the most suitable forms of advertising based on a budget.
The Business PlanDocument detailing all aspects of the
business as it is as present and as it is envisioned.
The “blueprint”Brainstorm and come up with primary list
The Primary List Time to createWhy create it? Should you hire a consultant? Outcomes
The Primary List - ExampleDemandMain client baseDesired client baseLocationType of facilityName of businessStyle and imageMode of raising $
StructureBookkeepingExpansion plansBusiness licenseZoning permitInsuranceAdvertising
Secondary ListGive one page to each item on primary listBrainstorm ideas related to that itemExample: Insurance
MalpracticeFire/water/property damagePersonal disabilityPayroll/worker’s compensation disability
Business-in-a-binderOrganizes informationHold documentation and certificates
neededEach item on primary list gets its own
sectionDocument everything!
Types of Ownership1.) Sole proprietorship2.) Partnership3.) Corporation
Sole ProprietorOne self-employed owner and managerSuccess is the sole responsibility of the
ownerDBA (doing business as) – permit required
if a business is going to be conducted under a name other than the business owner’s own name.
PartnershipShared ideas, shared responsibility, shared
liabilityGenerate additional investment capitalTwo or more people own a business,
ownership may or may not be equally shared
CorporationShared by 3 or more individuals who are
identified by a state-mandated charter (subject to regulations and taxation).
Incorporated – protection from liability; personal assets protected from claims
Business Laws and Regulations
LocalGuidelines for parking, building codes, and so
on.State
Sales taxes, licensing, worker’s compensation, payroll taxes, census reports
FederalPayroll taxes, social security, unemployment
compensation, insurance, MSDS
Location and FacilityDoes the area have a large enough
population to sustain a business?Do you plan to be the sole operator, or do
you plan to bring other hair-removal technicians into the business?
Do you plan to lease a business that gives you room for growth or to lease something smaller and, down the road, vacate, and more to a larger facility?
Things to Consider:LocationFloor planLease
**Consider available capital.Banks want to see in a business plan the
kind of facility, location, square footage, and leasing cost before committing to a loan.
LocationEasily accessibleEasy to find with simple directionsCleary visibleFrontage appeal, eye-catching signAdequate parking, safe parkingOther businesses around to attract clientele
Floor planIs the KeyAdequate square footage with
handicapped accessibility.Open to immediate reception areaTreatment rooms large enough for all
equipmentOfficeStorage spaceClean, attractive restroomsGood lighting and ventilation
The LeaseEvaluate pros and consStudy the leasing agreement (who pays for
what)Have a lawyer look at the agreementNew construction will need to be inspected
and certificate of occupancy issued and displayed
Home BusinessesNot really an option for laser techs
Purchasing Existing BusinessesElicit advice from lawyer and/or accountantWhy is the business for sale?Can the name of the business be continued
for a certain time?Will employees stay on under new
ownership?
Purchasing Existing BusinessWill the cost of leasing the premises go up?
How much?What equipment fixtures will remain?
Office SetupDispensary
Contains all supplies for services, disinfectants, autoclaves, etc.
Treatment RoomsWalls, floors, surfaces that are easy to clean
and disinfect (NO CARPET!!!)UnclutteredBackground music – soft and soothing
Phone TechniquesAlways provide your nameBe friendly and courteousIf they want to discuss services in depth,
invite them in for consultation.Offer two choices when scheduling.NEVER put them on immediate hold.
Phone TechniquesHandling complaintsIf the problem needs to be looked at, invite
the client to come in and be seen ASAP.Or sometimes a home-care remedy is all
that is needed. Assure that the technician will call ASAP.
Booking TechniquesAppointment book versus computerized
systemAppointment book less expensiveWrite in pencilInclude daytime phone number to confirm
appointments (1 to 3 days prior)
Booking TechniquesAdvantages of computerized systemStores other pertinent infoHelp with stock and inventory controlPrint daily schedulesPrint reportsSpeeds cash-out process
Booking TechniquesRepeated no showsPolicy for charging for appointments not
cancelled within 24 hour periodClearly postedMention policy at time of booking and
confirmation
InsuranceMalpractice
Dereliction of personal duty or failure to exercise an accepted degree of professional skill (pg. 265)
Equipment insurance – make sure YOU are covered
InsuranceBusiness owner’s liability
Covers clients or employees being injuredMay also purchase fire, water, natural
disaster, theft
InsurancePersonal disability
People who suffer major accidents that prevent them from continuing work benefit from this coverage.
Service ChargesCPA can help
Calculate using variables (overhead, materials, labor cost, acceptable fee in the area)
Timing should be considered
Examples of ChargesLip - $100 Chin - $100Full leg - $600Half leg - $350Arms - $200Underarms - $225Bikini - $200Brazilian - $450Back - $600
Advertising and MarketingCRUCIAL!!Well thought out and plannedThis is everyone’s responsibility.
ReferralsBest method of advertising!Client-referral incentive
Business Cards and BrochuresAttractiveFocus on the business’s philosophyPass out business cards!!
Recommendation of Additional ServicesUpselling
Client is talking about an upcoming vacation. Suggest bikini or leg hair removal.
Cross-selling services
Chamber of CommerceMingle with local businessesProvide help and advice
Better Business BureauBeing a member indicates that a business
is recognized for reputation and service.Offered membership after 5 years of
providing quality service, without major complaints
Television/Radio/NewspaperTV – costliestRadio – better deal, effective for areas of
high traffic/commuteAds in art programs – support community
and tax deductible (Goodwill)
Mass MailingsReaches numerous local households and
potential clientsCan be with or without a coupon
World Wide WebEffectiveFound using searches
The Yellow PagesMost common form of advertisingNew clients
1.) How many types of ownership are there? Name them.3Sole proprietorshipPartnershipCorporation
2.) Name two state regulated items.TaxesWorker’s compensationCensus reportsLicensing
3.) Name two federally regulated items.TaxesSocial securityUnemployment compensationOSHA – guidelines like MSDS
4.) What are 4 points to consider when choosing a business location?The floor planAccessibilityVisibilityAppealParkingCapital
5.) What are three types of insurance that are important to have as a business owner?
MalpracticeBusiness owner’s liabilityPersonal disability
6.) What are some effective methods of advertisement?ReferralsBusiness cards, brochuresTVRadioNewspaperMass mailingsInternetYellow pages
7.) What is the BEST form of advertisement?WORD OF MOUTH!!!
8.) When setting up your treatment room, what should you remember?NO carpetWalls, floors, surfaces should be easy
to clean and disinfectUnclutteredSoft, soothing music
9.) If someone calls because of a complaint what are your two options?
Determine if they need to come in If they do then invite them to come in and
see the laser tech ASAP.If they don’t, make sure the laser tech
responds ASAP to recommend a home-care remedy.