Esti Chapter 3 Business Basics

How much room per esthetician is needed to create an efficient working space?

A kind of rent in which a set dollar amount is paid per month is called variable.

The most selective and efficient form of advertising for a local business is

A distributor travels within a territory to sell products and equipment to skin care centers.

A skin care center should keep all records of daily sales and services for at least

What is the title given to a form of operating agreement in which a fee is paid to a parent corporation?

On a personal financial statement, all money owed is called:

Insurance is a form of

A suggested telephone answering tip is to answer the phone within how many rings?

An estimate of the amount earned in revenues and paid out in expenses is called a(n)

The most important factor in opening a skin care business is location.

What is the most important factor to consider when opening a skin care business?

A reserve of cash that can be drawn upon to meeting operating expenses in the event of a slow month or two is:

Asset is a term used to identify an amount you owe.

In many cases, who is the first person to greet a client?

A business owned by two or more persons is called a:

What type of compensation is based on a percentage of the income an individual esthetician generates?

Which of the following terms defines salaries or commissions for yourself and your employees, including payroll taxes?

What is a list of all the property you own called?

In general, an efficient working space allows for 120 to 150 square feet.

A partnership is a business owned by two or more people.

A business owned by one person who is in complete control of the business is called a:

Accountants frequently refer to income as: