Milady Chapter 32: The Salon Business

The first goal of every business should be to

Form of business when an successful firm enters into a contractual relationship with another business?

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

Supplies purchased by a salon that are to be sold to clients are

Another name for an individual owner who determines policies & has the last day in decision making is a

For a cosmo who has a large steady clientele & who doesn’t have to rely on the salons general clientele to keep busy, _

It should always be your top priority to meet which of the following financial obligations?

Which part of a business plan includes the owners resume, personal financial info. Legal contracts, &any other agreement

When choosing a location for your business you should select one that

Which part of a business plan summarizes your plan & states your objectives?

Which of these is considered the very best form of advertising for a salon?

With each call a gracious appropriate response will help build _

Booking appointments is primarily whose job?

Supplies used in the daily business operation are considered

If you operate your salon in a building that you own it is not necessary to purchase which type of insurance?

Smooth business management depends on sufficient investment capital as well as

What is the minimum number of stockholders allowed for a corporation to exist?

Which of these terms refers to your staff and employees

Someone who is trained to do everything from recording sales & payroll to generating a profit & loss statement is

Which part of a business plan includes projected financial statements actual statements & financial statement analyses?

Which part of a business plan outlines all of the research obtained regarding the clients your business will target

Which part of a business plan ensures that all clients and employees are treated fairly and consistently?

When gathering accurate financial information for purchasing an existing salon, it is often helpful to consult w/ a(n) _

When planning & constructing the best physical layout for a salon the primary concern should be

A(n) _ is an essential set of benchmarks that, once achieved, helps you realize your mission & your vision?

Which part of a business plan outlines employees &management levels& describes how business will be run administratively

An agreement to buy an established salon does not typically include which of the following

Human Resources does not cover which of the following concerns?

Which part of a business plan is a description of the key strategic influence of the business?

Which part of a business plan is a long term picture of what the business is to become & what it will look like?