Milady Cosmetology Ch. 32

Unless you are at least _____ percent booked all the time, it may not be advantageous to rent a booth.

Smooth business management depends on all of the following factors EXCEPT:

Which of the following should be included in the Supporting Documents section of a business plan?

In a corporation, you:

Money to invest in a business is called:

Which part of a salon is considered the nerve center?

The key duty of the receptionist is:

You do NOT need which type of insurance for your salon?

The business plan should include projected income and overhead expenses for a period of:

Supplies that are used in the daily business operation are:

Rules and regulations used by a salon to ensure that all clients and associates are treated fairly and consistently are?

For the booth renter, Social Security taxes are:

When operating your own salon, you should:

In the allotment of funds, the top priority should be to meet your _____ obligations.

A mission statement does NOT:

The best form of advertising is:

In what part of a business plan should you state your objectives?

How many visits does it typically take for a new client to become a loyal current client?

On a business timeline, expansion of services and locations would take place between the _____ years of operation.

A salon's financial success depends in large part on all of the following EXCEPT:

When operating a salon, your largest expense each month will be your:

When using the telephone, you should NOT:

The primary concern when planning the physical layout of your salon should be:

Records that are used to note client personal and contact information and preferences are called:

Administrative plans for your business are found in which part of a business plan?

When interviewing potential employees, you should always look for people who:

A _____ is a written description of your business as you see it today and as you foresee it in the next five years.

A _____ is a benchmark that, once achieved, helps you to realize your mission and your vision.

When purchasing an existing salon, who should initiate an investigation to determine whether there are defaults in pay?

Supplies that are purchased to be sold to clients are called:

Costs to create even a small salon in an existing space can range from _____ per square foot.

If you purchase shares in a corporation, you are a:

When drawing up a lease to rent a building for your salon, you should secure all of the following EXCEPT an:

When creating your brand identity, you should ask each of the following questions, EXCEPT:

The type of owner who assumes expenses, receives profits, and bears all losses of the business is a:

One reason for going into a partnership arrangement is to have:

It takes most new salons about _____ to begin operating at full capacity.

Who is trained to do everything from recording sales and payroll to generating a profit-and-loss statement?

When using social media to promote the salon, you should:

If you make an agreement with a company and open another location under the same name, what is that considered?

A business structure in which two or more people share ownership is a:

Which agency requires that information about ingredients of cosmetic preparations be available to employees?

If you choose to buy an established salon, you should seek professional assistance from a(n):

A long-term picture of what the business will become and what it will look like when it gets there is a: