Chapter 22: The Salon Business

Which of the following provides benefits to people injured at work?

When answering the phone, it is MOST important that you:

Who has the last say in decision making in a sole proprietorship?

A ___ statement is a description of the key strategic influences of the business

Before purchasing an existing salon, it is important to obtain an appraisal of the building and

How many people own a partnership?

What are stockholders?

Renting a station in a salon is also known as:

Which of the following is NOT a factor on which smooth business management depends?

It is your top priority to pay which expense?

In a booth rental agreement, who is typically responsible for insurance and record keeping?

When interviewing potential employees, it is important to consider their:

The money needed to start a business is called:

What are the top two expenses for most salons?

Which of the following is NOT a recommended method of sharing your success with employees?

Which of the following is NOT a characteristic of a successful salon?

The location you select for your salon should:

Advertising includes:

A typical salon spends less than 1 percent of its total gross income on which expense?

The receptionist should have:

Which part of a business plan provides a long-term picture of what the business is to become

When forming a corporation, you must pay ___ fees

When a client calls to complain, the tone of your voice must be:

During slow periods, it is NOT customary for the receptionist to:

Which of the following is NOT considered an expense?

Which of the following people is NOT considered personnel?

The name you select for your business:

After you have decided the type of salon you wish to build, you should seek advice from:

Which part of the salon considered the operations center?

In a booth rental agreement, the nail technician must:

A ____ is a business that is owned by three or more people called stockholders.

Booth rental is NOT legal in:

It is important to ___ before purchasing an existing nail salon

Which of the following is NOT included in the financial documents section of a business plan?

When nail technicians are reluctant to sell, it is most often because they:

A standard business owners policy does NOT include which type of coverage

A typical salon spends about ___ of its total gross income on advertising

It is recommended that you ____ if managing people does not come naturally to you.

A price list should be prominently displayed:

Supplies used in the daily business operation are considered ___ supplies

The salon's appointment book may be:

Who is held liable for debts in LLC

Who should know how to book an appointment and how much time is needed for each service?

If you are opening a full-service salon, it is recommended that you plan more room in the

A salon owner will consider constructing a larger space for the salon about _ after its opening