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massage business CH17 Flashcards | StudBud
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massage business CH17
massage business CH17
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Ch 17Test study guide Massage
Flashcards
50 cards
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Practice quiz
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Host live
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Questions
50
Answers
1
legal entities granted a charter by the state in which they operate&who have their own privileges&liabilities ....
Sole proprietorship
Corporation
General partnership
Limited liability companies
2
In a business plan, what is included in the organization and management section?
Conditions&outlokk and its target market
Company's legal structure& who will run it,
Company's Background
Product Prices
3
What is gratuity?
Nonmonetary exchange of goods or services
small gift Discretionary payment given to the therapist
A fact of business life
A written summary
4
What is the recording&reporting of financial transactions?
Business plan
Accounting
Assets
petty cash
5
What is an agreement between 2 or more individuals who join together to carry on a business venture for profit called?
Corporation
Limited liability companies
Sole proprietorship
General partnership
6
How many hours a week does a massage therapist need to work to be considered full time?
40hours
25 hours
34 hours
38 hours
7
What is the definition of barter?
A fact of business life
Nonmonetary exchange of goods or services
A written summary
Discretionary payment given to the therapist
8
What insurance protects businesses from bearing the full cost of defending against claims for damages resulting .....
Health Insurance
Professional Liability Insurance
Disability Insurance
Commercial General Liability Insurance
9
What is a written Or spoken agreement that usually involve business relationships& are intended to be legally binding?
Accounting
Proposal
Contract
Preceptor
10
What is included in the marketing and sale part of a business plan?
Company's Background and future goals
Conditions&outlokk and its target market
Credit histories, resumes,& copies of licenses & certifications policies
Company's legal structure& who will run it, professional profile
11
What is an experienced individual within the facility who is paired with a newly hired indivisual during orientation?
Preceptor
business coach
Proposal
Contracts
12
what is An in-depth overview of education experiences & accomplishments& also organized in chronologic order ?
Qualifications summary
Professional profile
Resume
Curriculum vitae
13
What is an idea or suggestions put forward for consideration & discussion?
Proposal
Accounting
Contract
Preceptor
14
What are economic resources expected to be of benefit in the future?
Assets
Accounting
Taxes
Petty cash
15
Why design a strong business card?
To get more Clients
often ignored
Most Potent
Make a Strong Impression
16
What license is important To protect the public by enforcing standards that restrict practice to qualified individuals?
Provisional License
Identification License
Professional License
Establishment License
17
What is the main cause of business failures, generally?
Living too high
Failure to Follow Through
Incompetence
Emotional pricing
18
What is small amount of cash a business keeps on hand to pay for minor business expenses?
Taxes
Assets
Petty cash
Accounting
19
Name examples of assets?
Money or goods
Propert & ,equipment
Pets, Clothing
Car, Dependents
20
How long should tax records be kept?
3 years
1 year
6 months
Not Long
21
What is activities used to create,communicate,deliver&exchange offerings that have value for customers at large?
Marketing
Bartering
Advertising
Tips
22
What insurance provides the beneficiary income in event a disability created a barrier that prevents someone from work
Commercial General Insurance
Professional Insurance
Disability Insurance
Health Insurance
23
What reports the movement of cash into and out of a business during a period of time?
Cash flow statement
Balance sheet
Accounting
Business plan
24
What insurance protects professionals from bearing the full cost of defending against claims for damages resulting .
Disability Insurance
Professional Liability
Commercial general Insurance
Health Insurance
25
What type of employment would a massage therapist be working at a place that supples everything for the therapist?
Independent Contractor
Self-employed
Employee
Commissioned Employee
26
Which business is owned by a single owner?
Corporation
Sole proprietorship
General partnership
Limited liability companies
27
What type of method is the primary promotion for massage therapists?
Social Media
Websites
Client Referral 85%
Community & local Events
28
What are taxes levied on small business owner who derive income directly from consumers as opposed to others ?
Assets
Income Tax
Tax deductions
Self Employment Taxes
29
What is included in a resume?
Individual's education, expriences, and strength and weakness
Individual's education, goals, and values
Individual's education, goals, and expriences
Brief summary of Individual's education, expriences, and Accomplishments
30
Describe empathic listening?
Paying close attention to the words used when talking
Listening in a respectful manner, being specific,&asking for the solution.
Resolving conflicts with kind words
Imaging yourself in that person's shoes
31
Where in a business plan should a mission statement be In place?
Last Section
Company Description
Executive Summary
Services or products
32
What form of business do most massage therapists have?
Commissioned Employee
Casual Employee
Sole Practitioners & Independent Contractor
Spa
33
What is the examining&endorsing of the qualifications of a professional by a board in a particular field?
Continuing education
Proposals
Board certification
Mentor
34
What is calculated by adding up all costs(labor,salary,&overhead)&profits then divide by the number of billable hours?
Service Prices
Work Hours
Hourly Rate
Yearly income
35
To influence buying behaviors by persuasive selling messages is the purpose of?
Websites
Marketing
Advertising
Blog
36
What are the different types of employment interviews?
Email Interview
Phone,Screening,Sequential
Group interview
Electronic and in person
37
What is a single statement of why a business exists& its core objectives?
Blog
Professional profile
Mission statement
Vision statement
38
What is a Person who provide goods or services to another under terms specified in a contract called?
Contract employee
Commissioned employee
independent contractor
Regular employee
39
What else is professional liability insurance known as?
Insurance
Commercial General Insurance
Malpractice insurance
Disability Insurance
40
What does an employer look for on a resume?
Leadership Skill
Related Jobs
Professional Reference
Education Level
41
What is dividing of geographic areas into zones city can restrict the number&types&use of building within the zone ?
Blog
Website
Taxes
Zoning
42
What is a business' net worth ?
Equity
Liabilities
Assets
Petty cash
43
What is a statement that shows income and expense and indicates whether a business made money or not?
Business plan
Balance sheet
Profit and Loss statement
Cash flow statement
44
What is a presentation of a business entity's assets,liabilities,&equities of its owners on a specific date?
Spreadsheet
Balance Sheet
Professional Profile
Business Plan
45
What is a document that describes a business' organization, services&products,marketing strategy,management style.......
Contract
Profit and loss statement
Balance sheet
Business plan
46
What expenses can be a tax deduction?
Contining Education (CE) & Professional development
House note
Car note
Anything that you have a reciept for
47
What is digital citizenship?
Websites where member interact
Places on the internet
Discussion or informational website
Responsbile and ethical use of technology
48
How many words should be in a short professional profile?
50words
500words
250words
100words
49
What type of marketing is a website?
Zoom
In-person
Word of Mouth
Digital or online presence
50
What are some types of word of mouth marketing?
A client giving a gift certificate or Gift Cards to a friend
Social Media
BLog
Value-added
