Entrepreneur

In: Business and Management

Submitted By navemalla
Words 1348
Pages 6
Entrepreneur Interview Essay
Considering any business, people imagine rich, prosperous, initiative and resourceful entrepreneurs, who successfully started and developed their own company. Today’s interview deals with spa business. Chief Manager of an International A.B.C. Spa company will help us to understand the system of spa business and its profitability. A.B.C Spa cooperates with world leaders and professionals in this sphere. It efficiently provides qualified service for clients. Our interview will help to learn more about spa business on the example of a small A.B.C. Spa branch in America.
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1. What was your first step in starting your business?
I know people who started business spontaneously: without business-plan, market analysis etc. Most of them managed to achieve goals and expand their enterprise. However in recent years too many people are involved in different business affairs. Spa business becomes more and more popular. That’s why we decided not to run risks as it could lead to waste of time, finances and even complete failure. Firstly we’ve chosen a place with lower rate of competition. Everybody knows that this business expands and grows very fast. In the USA one may count over 100 millions spa visits a year. The first step to start our business was to find finances and place for it. I must admit that great advantage of this sphere is that any place would do. Most people are tired of constant fast-moving life. We are ready to provide relaxation for them.

2. How did you arrange financing?
Well, actually we had few experience in economic affairs. That’s why we hired a consultant of spa business to regulate finances during first 6 moths until we understood the…...

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