Fiona Wants to Set Up a Beauty Salon in the Sydney

question 46

Multiple Choice

Fiona wants to set up a beauty salon in the Sydney CBD.It is important that she takes the steps to set up the salon in appropriate order.Which of the following ought she, ideally, do last?

• A)Make an application for a substantial bank loan secured by a mortgage on her home.
• B)Find out the number of competing beauty salons in the CBD and whether there is room for her business in the market.
• C)Seek financial, legal and business advice on important aspects of the business.
• D)Find out the costs of renting shop space in the CBD and the other costs of the business.

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Definitions:

Emotional Objections

Reservations or concerns based on personal feelings, attitudes, or emotional perspectives, often encountered in sales and negotiation contexts.

Follow-up Questions

Questions asked after an initial query or discussion in order to gain more detailed information or clarify responses.

Common Grounds

Shared beliefs, interests, or values that allow individuals or groups to find mutual understanding and agreement.

Sensitivity

The quality or condition of being easily affected, influenced, or harmed by external forces or stimuli.