Chapter 32 The Salon Business

A benchmark that, once achieved, helps you realize your mission and your vision.

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

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

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

For the booth renter, Social Security taxes are:

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

What is the best form of advertising?

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

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

Supplies that are used in the daily business operation are:

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

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

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

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

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

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

Written description of your business as you see it today and as you foresee it in the next five years

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

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

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

Which part of a salon is considered the nerve center?

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

When creating a brand identity you should ask each of the following questions except

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

Money to invest in a business is called:

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

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

It takes most new salons about how long to begin operating at full capacity?

A share in the ownership of a corporation

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

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

Supplies that are to be sold to the clients are known as:

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

The key duty of the receptionist is

The rules and regulations adopted by a salon to ensure all clients and associates are treated fairly and consistently