Milady nail exam review chapter 22 salon business

The ongoing processes involved in the running of a business for the purpose of producing income and value is known

A ____ is someone who is trained to do everything from recording sales and payroll to generating a profit-and-loss

If you sell retail, you may need to obtain ___ or other license

Which of the following is not an important consideration when interviewing potential employees?

Supplies that are sold to the clients are called?

Employees of a corporation pay income tax on ____.

The receptionist must have an appearance that conveys the salons image and

If a client calls to make an appointment with her favorite nail technician & nail tech isn’t available, the receptionist

When using the telephone you should use a pleasant voice and

A business structure in which two or more people share ownership?

Which part of the salon is considered the salon's nerve center?

A typical salon spends about 1.5 percent of its total gross income on which of the following expenses

During slow periods it is customary for the receptionist to perform other duties such as

The state board in __ does not recognize booth rental.

The reception area should be well stocked with _________________.

A typical salon spends about ______ of its total gross income on rent.

What is considered the best form of advertising

Service records should include the contact information the products used and __ for each client

Which of the terms refers to a set of benchmarks that, once achieved, helps you to realize your mission and vision?

People often enter into a partnership arrangement I have more capital or money and to

Opening your own salon is a huge undertaking ___ because you will face challenges that are complex and unfamiliar

I’m considering the general reasons people buy products, we can assume that people are motives to

Information about a specific population including data on race, age, income, & education.

It is important to protect your business by installing locks, fire alarm, and

To become an S corp, the S corp status is elected through ___

Which part of the business plan outlines all of the research obtained regarding the clients?

When answering the phone, it is important to

A business that is owned and operated by one person

A _____ is a written plan of a business as it is seen in the present and envisioned in the future.

Who owns a corporation?

when you open your own business, it is recommended that you consult with an attorney and _____ first

In determining the feasibility of your business, you must address if you have ___ that will set you apart

Booth renting is also known as ____ rental.

When renovating a salon it is recommended that you consult with

In your business timeline, the time to tend to the business is in years

Which part of a business plan outlines management levels & describes how the business will run?

Which of the following expenses typically represents about 3 percent of a salons total gross income

A corporation is an ownership structure controlled by one of more stockholders and is one of the best ways to

In booth rental, the nail tech is responsible for

Which statement is a long term picture of what your business is to become:

Which of the following is not a common responsibility of a salon receptionist

In a sole proprietorship, the owner determines policies & has the last say in decisions as well as

About __ of typical salons total gross income is profit

Before purchasing an existing nail salon, it is important to :