Unit 2 skillS Better alone? I s it better to be self-employed and control your own destiny, to work for a boss in a hair salon or to set up a franchise? There are pros and cons in each situation. If you work as a sole trader, you are responsible for taxes and liabilities and you have to take all the economic risks, but you can make your own decisions and you can run your business independently. If you work for someone s salon, you report to a boss, but you can get your monthly salary regularly and have no financial responsibilities. Finally, you can set up a franchise: you have the right to use a trademark and benefit from its business system (design of the salon, working techniques, promotion and merchandising, training of employees, etc.), but you have to pay your franchisor a fee and a percentage on the turnover. However, you can also start as an employee and then, if you want, you can set up your own business or join a franchise chain. 3 Who says what? A sole trader (ST), an employee (E) or a franchisee (F)? ST 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 4 E F I can run my own business. My boss tells me what to do. I can keep only a part of my profits. I m taking a risk with my money. I must pay all the taxes. I have few career opportunities. I am not taking a risk with my money. I can make my own decisions. I get my salary every month. I receive help with my business. fee: tassa to join: entrare a far parte liabilities: passività on average: in media pros and cons: vantaggi e svantaggi to raise: raccogliere to report to: rispondere a qualcuno to set up: mettere in piedi sole trader: titolare unico di azienda turnover: fatturato Read the advertisement below and answer the questions. Would you like to become a franchise owner and run your own salon? Do it with the help of Ystilo! OPEN FOR FRANCHISE For more enquiries: (03) 8769511 info@ystilo.franchising.com 1. 2. 3. 4. 5. 22 Our format is tested, and you will join a special and unique team. Our professionals will provide you with equipment, furniture and good advice. All you need to find is the magic of passion, lots of energy and enthusiasm. You will also need to be an inspiring leader and have a bit of hairdressing experience. Do you have what is necessary? We are looking for people who want to run a successful business and who can raise a minimum investment of £15,000. 80% of our clients are women and on average they have their hair cut every 6 weeks. They spend approximately £600 per year in our salon and we book over 5,000 clients every month on our site. Sounds good, doesn t it? What are you waiting for? How does the Ystilo brand help people who want to set up a franchising hair salon? What personal qualities are important for Ystilo to run a franchising? How much money do you need to start a business with Ystilo? Are most Ystilo clients women or men? How many clients contact Ystilo online every month?