Jinkies Restaurant

Management Team and Company Structure

David Gage

National American University

Management Team and Company Structure

Introduction

Glamazon Salon management philosophy is focused on teamwork, compassion, integrity, and providing a pleasant environment the company’s management and hair stylists. Stylists will be selected based on their abilities to meet our targeted clientele.

Management Team

David Gage, Founder and Owner, age 36.

David is responsible for the success of the salon. David attended Olympian University in Albuquerque, New Mexico, where he received his license for cosmetology. He then worked at Supercuts in Albuquerque, New Mexico for 2 years. He then perused a Business degree to help him learn how to manage and learn the business parts of running a successful business at National American University, obtaining his Associates in Small Business Management. David is continuing his education to receive a Bachelor’s in Business Management Administration at National American University.

Hector Hernandez, Manager Day to Day Operations, age 33.

Hector is responsible as the assistant manager. He will do the inventory and day to day operations, when owner is out. He has worked in many salon settings over a period of 12 years. He attended school at Mark Pardo Aveda Institute receiving his license in cosmetology. He comes with valuable experience to ensure the success of the salon. He will also deal with client complains and customer relations.

Lucas Serna, Accountant.

Lucas is responsible to keep track of the business’s finances. He will work part-time. He has worked at casinos as an accountant, as well as working in a smaller setting as an accountant. His valuable skills will help keep the business finances on track. He has a Bachelor’s in Accounting from the University of New Mexico.

He has a Masters in Accounting he received from the University of Phoenix.

Skill Profile and Gaps in Management Team

The following skills profile shows you the important skills learned to become top management of the company, also learned through going to college.

David Gage Manager/Owner/Marketing

Hector Hernandez Assistant Manage/Day to Day Operations/HR

Lucas Serna Accountant

Summary

Glamazon Salon will be a smaller salon. We have all the positions we need filled for now. As we grow, we might need to bring in a part-time Marketing Manager, as for starting off as a small business, this will work great for us.

Ownership and Compensation

Name Position Base Compensation Percent ownership Investment in Company

David Gage Founder/Owner $25,000 100% $40,000

Hector Hernandez/Assistant Manage $20,000 0% 0%

Lucas Serna Accountant $18,000 0% 0%

Total $63000 100% $40,000

General Advisory Board

Glamazon Salon will not have a board of directors, as it is a small business. We will have meetings within the company with stylist, and management if needed. We will meet if we have issues or need to make major decisions for the salon. The management team will meet weekly to discussion concerns, such as upcoming marketing promotions. These meetings consist of David Gage Owner, Hector Hernandez Assistant Manager, and Lucas Serna Accountant.

Attributes of Strong Management Team

· Client Driven

· Strong Communications Skills

· Diversity

· Strong work ethics

· Team orientated

· Focused

· Dedicated to Success of Salon

Glamazon Salon will have a board of advisors. This has a total of 4 advisors.

David Gage Owner operator will be a part of this advisor board. We will have Mikey Hera, he has worked in Salons for over 10 years and helps run salons. He has expertise in hair extensions, wigs, and is a color master. Brandon Acosta will be a part of our advisor board. He has worked with singers, Sparks, and worked in the Miss Americas Pageant as a make-up Artist and hair stylist. Brandon has worked in the industry 8 years. The final person in our advisory board will be Rafael Rivera, he has owned salons and worked in the industry for 10 years and continues to work as a hair dresser. He has helped doing hair for the Miss America Pageant and brings many insights to the industry. This highly qualified team will help to come up with strategic decisions for the company. This team will work on advising the team, hair products, and new ideas.

Glamazon Salon will rely on advice from these professional’s in the business, counsel, encourage as needed. None of these professionals are paid.

References

Barringer, B. R. (2015). Preparing effective business plans: an entrepreneurial approach. Boston: Pearson.