tanTALK - Tanning Salon Business Owners Community - View Single Post - OPENING SALON SOON AND HAVE THREE OTHER SALONS IN AREA ANY ADVICE

soapking · 02-15-2004, 03:41 AM

So what is it are you asking? Did you make the right decision??
Is this an existing salon you are buying, or a new "upstart"?
If existing, did you request to look at ALL financials of the biz; PL statements/Personal Income statements last 2years/# client base/# tanners tanned last 30-180days/active member list/liens on bussiness/rent-lease stipulations..did you have a lawyer/CPA review ALL..if so, and chks ok, then you have no problem..if new business, you will strugle to pull in new business with the competition in place, until tme establihes you.

02-15-2004, 03:41 AM	#2 (permalink)
soapking Waiting Confirmation Join Date: Mar 7 2003 Posts: 489 Rep Power: 0	So what is it are you asking? Did you make the right decision?? Is this an existing salon you are buying, or a new "upstart"? If existing, did you request to look at ALL financials of the biz; PL statements/Personal Income statements last 2years/# client base/# tanners tanned last 30-180days/active member list/liens on bussiness/rent-lease stipulations..did you have a lawyer/CPA review ALL..if so, and chks ok, then you have no problem..if new business, you will strugle to pull in new business with the competition in place, until tme establihes you.