Paramedical Business and Marketing

If you take in $1000 at the end of the day and it costs $600 to deliver the services provided, what is the GROSS profit?

Sales analysis is used to view the performance of sales promotions

When must your federal tax return be filed by if April 15 falls on a Saturday?

The person who buys a good or service is the consumer.

What is an indirect cost of performing a service?

What is an example of a Promotion?

A Business Plan is the basic tool that aspiring business owners use to help them develop an Action plan and avoid ris.

Venture capitalists benefit from loaning money to a new business by being paid a portion of the business's profits.

What are the Four P's (Product, Price, Promotion, and Place) commonly known as?

What term refers to the owner's interest in the asserts of the business after all of the liabilities have been deducted?

A W-4 is used to report the amount of federal, social security, and Medicare taxes paid for by each employe.

Merchandising is NOT a basic component of the promotion mix.

Public Relations refers to strategies that are focused on generating positive publicity for a business.

What is typically the biggest expense for a business?

Performing a skin analysis session online IS a way that computers are commonly used in spas.

Protection and Indemnity Insurance IS generally recommended for salon and spa owners.

Who should you consult with when developing the plan of action for opening your new business?

A solid financial management strategy is the MOST important factor in any business plan.

Successful marketing campaigns require an ongoing financial commitment.

What term refers to the distribution channel/method of delivering goods and services to clients?

What is NOT something you should use a personal computer for?

Employers are responsible for paying the federal unemployment tax.

Salons and Spas MUST adhere to ALL Local, State, and Federal Disinfection Guidlines.

Mailing a newsletter is NOT a form of gathering publicity.

What term refers to the amount of money you need to invest in your business?

What do you do when you identify the benefits and features of your products and how the conmsumer benefits from them?

To obtain a loan, you must qualify as a GOOD credit risk

Break-Even Analysis refers to the point at which all costs are covered and your business begins to make a profit.

Personal Selling is an example of paid advertising.

Form 941 is used to report federal estimated tax payments.