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Salon Business Flashcards | StudBud
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Salon Business
Salon Business
44 terms
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chapter 30 31 32
Flashcards
44 cards
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Practice quiz
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Questions
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Answers
1
A job coach advises students to have good test taking strategies. This is described as being:
test capable
employable
educated
test wise
2
A person that recognizes and resolves difficult situations constructively is an:
Problem Solver
Educator
Organizer
Employee trainer
3
Recommending professional products to clients for at-home care is known as:
upselling
commissioning
retailing
servicing
4
One reason for entering into a partnership agreement is to have:
more clients
consolidated debt
many stockholders
capital for investment
5
A written plan that describes a business and foresees projections for the next 5 years is ?
demographic analysis
personal budget
business plan
written plan
6
A salon should be thought of as a team environment that requires that you practice and perfect your
boundaries
people skills
financial savy
individualism
7
To be successful in sales you need ambition, determination, and a ?
client base
good personality
shy demeanor
forceful personality
8
Scheduling clients for their next appointment before they leave the salon is known as?
marketing
upselling
rebooking
referral
9
What is the technique of establishing contacts that may eventually lead to employment opportunities?
Networking
Sampling
Advertising
Marketing
10
What factor most affects how well you perform during the written licensing exam and on tests in general?
Your mastery of course content
your ability to guess well
your handouts
Your personal development
11
Recognizing the clients needs and preferences lays the foundation for ?
successful selling
performance evaluations
good credit
improved preformance
12
A prepared student will practice good study habits and focus on
planning for a late night of study
high anxiety
time management
goin with the flow
13
Income in addition to your regular compensation that must be tracked and reported on tax returns is referred to as:
cash flow
expenses
gifts
tips
14
One reason for entering into a partnership agreement is to have?
unmanageable debts
many stockerholders
capital for investment
more clients
15
The important job of booking appointments and greeting clients is generally the responsibility?
practitioner
manager
trainer
receptionist
16
When choosing a salon for employment opportunities, it is critical to choose one that:
services the type of client you wish to serve
places all employees equally
is trendy and fashionable
provides for easy commute
17
The federal agency that requires that the ingredients of cosmetic preparations be available?
FDA
OSHA
MSDS
FBI
18
In planning and constructing the physical layout of a salon it should be designed for ?
esthetic appeal
color schemes
maximum efficiency
expected depreciation
19
A salary plus commission structure is used to motivate practitioners to increase:
confidence
credit
skills
productivity
20
one of the best ways for a business owner to protect personal assets is ?
selling shares
incorparating
sharing responsiblities
investing capital
21
A salary plus commission structure is used to motivate practitioners to increase?
credit
skills
productivity
confidence
22
This section of business plan provides a description of key info; such as the market it will serve & services offered is
Mission statement
Organizational plan
Goals & Objectives
Vision Statement
23
Newspaper or radio ads and charitable events are all forms of?
upselling
retailing
advertising
marketing
24
In the cosmetology industry, putting clients first is
required
not profitable
appropriate
risky
25
Income in addition to your regular compensation that must be reported on taxes?
gifts
travel
tips
evaluations
26
After a guest visits a salon the first time; you should send a
a thank you note/card
message to the receptionist
tip
text to the manager
27
This business structure saves money in taxes, provides greater business flexibility, and makes raising capital easier:
Conglomerate
Sole proprietorship
Partnership
Corporation
28
Compensation that is paid as a direct result of total amount of service dollars generated ?
minimum wage
salary
bonus
commision
29
A salon that is owned and operated by an individual is referred to as a?
sole proprietorship
booth renter
partnership
chain salon
30
A stockholder of a corporation is required to pay unemployment insurance taxes on?
profits
salary
merchandise
investments
31
When opening a new business, the location selected should reflect your:
primary clientele
commute time
personal preferences
future goals
32
In order to have a successful business a top priority in the allotment of funds is to?
develop an image
keep accurate inventary
meet payroll obligations
interview potential employees
33
Information that is contained on a resume should be relevant to :
unrelated experiences
prior duties and responsibilities
salary requirements
the position you are seeking
34
During salon visits, to ensure that all key areas are observed, it is important to develop a
notebook
summary
catalog
checklist
35
Supplies that are used and replaced in the daily business operation are identified as?
prepetual inventory
inventory records
expenses
consumption supplies
36
Good business operations require a simple and efficient?
reception area
client base
record system
price list
37
How long should it take to work as a Cosmetologist, become a fulltime manager and begin to plan for retirement?
2 to 5 years
20 + years
5 to 10 years
11 to 20 years
38
When opening a new business the location selected should reflect your?
travel time
new clients
personal preferences
primary clientele
39
This is an individual who determines policies, has the last say in decisions, assumes expenses, etc
Corporate Proprietor
Sole proprietor
stockholder
Partner
40
What is one of the best ways for a business owner to protect personal assets?
Investing capital
Sharing responsibilities
Incorporating
Selling shares
41
A plan to meet financial obligations is called ?
decision
portfolio
worksheet
budget
42
Informing clients about a product without stressing they purchase it is ?
hard selling
assured sell
soft sell
recommendation
43
The most reliable method of compensation for new salon professional Is?
commision
salary
tips
cash
44
A written agreement with a building owner that outlines the responsibilities for repairs ?
lease
business plan
business sale
non compete agreement
