Pivot Point Business 103

Which of the following descriptions would be considered a key to successful client relationships?

Working out of your home generally does not work well when you have pets or a lot of daily traffic

Placing aromatic soaps and lotions in restrooms is an example of which of the following principles?

Renting a booth at a health fair is an example of business promotion

Business ownership in which two or more persons share all costs of opening, operating and maintaining the business is a:

Paid holidays, bonuses and insurance are all examples of:

Which business set-up is subject to state regulation and taxation?

Business owners must keep ledgers and canceled checks for how long?

The renting of a space, suite or booth by an individual salon professional on a monthly basis is referred to as a(n):

Of the items listed below which one is NOT considered a benefit?

A form of operation in which an initial purchase fee plus a monthly service charge is paid to the parent corporation is

Which of the following is NOT a necessary element for ensuring staff synergy?

The most important relationships you form at the beginning of your career are those that develop:

Workers' Compensation Insurance is needed to protect the:

A personalized approach is also referred to as:

The price of buying an existing business is dependent on all of the following EXCEPT

Who must apply for a state sales tax permit before collecting taxes on products or services sold?

Which of the following business types is owned by the shareholders and formed under legal guidelines?

Mission statement is a short general statement of the main focus of the business

Owners in ___ are a separate entity from the business & are shielded from some of the personal liability

All payments received from clients for services and home care products purchased is known as:

Insurance that covers cost of injuries and litigation resulting from injuries sustained on your property

Which of the following concepts creates a harmonious and predictable environment?

For salon professionals just starting out, the most common and immediate source of referrals is:

If all of your appointment times have been scheduled with clients for a given day, the term to describe this is a:

What is meant by the term consistency?

An efficient working space for each salon professional is:

Which of the following descriptions is NOT a best practice strategy for building a clientele?

Compliance with all local, state/province and federal rules, regulations and laws is the responsibility of the:

A category title for tracking and overseeing clientele-building strategies is CRM which stands for:

Which of the following items must be reported as employee income?

To be granted future loans, it is important to pay loans on time and avoid:

Start-up costs are expenses that must be considered in the planning stage and recovered by the business before profit

In which business arrangement would each co-owner carry the same responsibilities as a role proprietor?

An effective strategy to ensure a return visit from a client is to:

An example of a liability on your financial statement would be:

Renting or leasing a workstation from a building owner would represent which of the following situations?

Before an interview begins, you might be asked to fill out a(n):

Which of the following concepts involves converting existing clients to return clients?

Which of the following characteristics will contribute to career success?