Archive: Management Updates (Message Categories)

07

Dec2015
Independence location is trending up, your GM Regina is doing weekly calls with stylists and manager of the salon to work on marketing, giving everyone a task to complete, this is real team work. Business is picking up because of this effort, we feel that everyone can help build the ... Read More
December 7, 2015Amanda Ramirez

07

Dec2015

Bank Balances

0  
As of 12/7/15 - $ 256,616
December 7, 2015Amanda Ramirez

07

Dec2015
Nihao Mr. Li Ruigang, Per your request, we will hold the opening of your second location at Chula Vista until Jamacha Road breaks even. As we move away from discounted haircuts, we are creating a new marketing plan that will promote cut and color, as well as our stylists' expertise will be ... Read More
December 7, 2015Amanda Ramirez

07

Dec2015
Nihao Wang Ying, We raised the haircut price from $7.99 to $9.99, and we also made payroll adjustments to your locations. We ran a Facebook Thanksgiving promotion and we've had 10 redemption for Whitnall, we've had none for Oak Creek so far. We are also organizing a holiday promotion for ... Read More
December 7, 2015Amanda Ramirez

07

Dec2015

Request for a Meeting

0  
Hello Mr. Gong Xian, Please provide us with your available times for a Conference Call so we can discuss your current project status. Thank you FranVest Management Team
December 7, 2015Amanda Ramirez

07

Dec2015

Owners Meeting

1  
They asked about the profitability of the salons. We discuss the management. We explained there was a poor performing manager in the location. We replaced the GM, much of the staff and we have a temporary manager in there now, but are still looking for the ... Read More
December 7, 2015Sabrina Wall

04

Dec2015

Status Update 12/4/15

0  
Good Afternoon Mr. Alcides, We have the architectural plans ready for Spartanburg to be sent to the city for approval. We have also signed the Mood Media Agreement, which is the vendor that provides music for your store. JR estimates that once we get all the permitting from the city, your ... Read More
December 4, 2015Amanda Ramirez

04

Dec2015

Status Update 12/4/15

0  
Good Afternoon Mr. Alcides, We have the architectural plans ready for Spartanburg to be sent to the city for approval. We have also signed the Mood Media Agreement, which is the vendor that provides music for your store. JR estimates that once we get all the permitting from the city, your ... Read More
December 4, 2015Amanda Ramirez

03

Dec2015
Hi Jacky, I just had a long call with your GM and we discussed the locations and your priority and focus. We are doing a couple things here. 1) She is going to reduce the payroll at Bayshore so we can get the numbers in line faster by her working on her ... Read More
December 3, 2015Sabrina Wall

03

Dec2015

Urgent Decision Needed

0  
The bank balances are dangerously low. We have plans to close one of your locations within the next week without a capital contribution to support the investment. The location we are planning on closing is the West Escondido location. We are looking for a buyer for the location, however we ... Read More
December 3, 2015Sabrina Wall

03

Dec2015

Urgent Decision Needed

0  
The bank balances are dangerously low. Without a capital contribution, we need to close one of the locations. We will discuss with you tomorrow the options and consequences. The locations we feel is the lower performer is Beloit. We have plans to close Beloit within the ... Read More
December 3, 2015Sabrina Wall

03

Dec2015

Urgent Decision Needed

0  
The account balances are still dangerously low even after the price increases. Without an additional capital contribution, we will need to close one of the locations. We will be closing the Mission location within the week. Please reply and let us know that you understand this and ... Read More
December 3, 2015Sabrina Wall

02

Dec2015
Plaza held steady last week at almost $2,000 in revenue. We are increasing prices there in early December. The 4 week lapse in being open so far is not showing any negative impact to the guest count or revenue.
December 2, 2015Sabrina Wall

02

Dec2015

Combined Bank Balances

2  
5/11 $206,980 5/18 $197,212 5/26 $189,867 6/1 $174,212 6/8 $163,712 6/15 $157,358 6/22 $146,479 6/29 $147,134 7/6 $132,751 7/13 $97,420 7/20 $87,513 7/27 $88,212 8/3 $75,417 8/10 $68,173 8/17/15 $51,985 8/24 $54,645 8/31 $46,842 9/7 $49,391 9/14 $42,585 9/21 $29,026 9/28 $19,334 10/9 $6,367 10/12 $4,708 10/19 $595 10/29 $0 11/2 $0 11/16 $83,150 11/23 $76,977 11/30 $77,751
December 2, 2015Sabrina Wall

02

Dec2015

Closing of Otto

0  
We are tentatively scheduled for the 9th to have everything disassembled and removed from Otto. We have ordered containers for packing everything into. We believe we should go with 2. One for the loose items that may go to one buyer and 1 for the fixtures. The quotes ... Read More
December 2, 2015Sabrina Wall

01

Dec2015

Status Update

1  
Good Morning Ms. Zhu Xia, After an extensive review with our management team, we have decided to open 1 of your salons first, and as soon as it breaks even, we will open your second. We have made this decision because we feel confident if we focus 100% on one location ... Read More
December 1, 2015Amanda Ramirez

24

Nov2015
Plaza's opening was fantastic.We opened with 250 clients. We have a sign spinner who is doing door hangers, postit notes and flyers. We are working on guest count, but it seemed to have picked right back up. We need to hire two more stylists. We are going to increase the ... Read More
November 24, 2015Sabrina Wall

24

Nov2015
Sweetwater did 80 guests over the weekend. It's been super busy and its a color salon, which means it has a higher ticket average.They had a record in sales. 200 or more at 4 weeks in a row. New guests over 100 for last 4 weeks. Repeats are moving upward. ... Read More
November 24, 2015Sabrina Wall

24

Nov2015
Both locations are struggling. Loomis - We moved the store opened hours to 9-5 for every day except Sunday which is 11-4. There is no manager at this locations. The root issue at this location is the staffing. There is one strong team leader who we ... Read More
November 24, 2015Sabrina Wall

24

Nov2015
You have one struggling location and one new location. Janesville - We had to take the hours down to 9-5 except for 11-4 on Sunday. We are still trying to find a manager and staff for that store. There is no manager. There is 1 strong employee that is being ... Read More
November 24, 2015Sabrina Wall