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Ch. 32 Salon Business Flashcards | StudBud
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Ch. 32 Salon Business
Ch. 32 Salon Business
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1
which of these terms refers to your staff or employees?
constituents
personnel
clients
creditors
2
which part of a business plan outline employees and management levels and describes how the business will be run?
organizational plan
financial documents
vision statement
mission statement
3
what is the minimum number of stockholders allowed for a corporation to exist?
three
two
one
zero
4
booking appointments is primarily whose job?
the receptionist’s
the cosmetologist
the client’s
the manager’s
5
costs to create a small salon in an existing space can range from ___ per square foot.
$20 to $35
$30 to $80
$5 to $15
$75 to $125
6
which part of business plan summarizes your plan and states your objectives?
marketing plan
executive summary
mission statement
salon policies
7
When gathering accurate financial information purchasing an existing salon, it is often helpful to consult with a(n) __
architect
attorney
interior designer
certified public accountant
8
which of these is considered to be the best form of advertising for a salon?
television ads
newspaper ads
satisfied clients
radio spots
9
which part of a business plan is a description of the key strategic influences of the business?
vision statement
marketing plan
supporting documents
mission statement
10
the first goal of every business should be ____
compensate employees fairly
upgrade existing equipment
attract new clients
maintain current clients
11
with each call, a gracious, appropriate response will help build ___
the salon’s reputation
a quiet atmosphere
teamwork
the salon’s energy level
12
Supplies used in the daily business operation are considered
inventory supplies
consumption supplies
consumer supplies
retail supplies
13
smooth business management depends on sufficient investment capital as well as
excellent customer service delivery
personnel with only basic training
adequate business procedures
minimal computer skills
14
when planning and constructing the best physical layout for a salon, the primary concern should be ___
salon furniture
salon carpeting
color scheme
maximum efficiency
15
A(n) ____ is an essential set of benchmarks that, once achieved, helps you realize your mission and vision
result
obligation
assignment
goal
16
supplies purchased by a salon that are to be sold to clients are ___
retail supplies
consumption supplies
client supplies
inventory supplies
17
human resources doesn’t cover which of the following concerns?
what you can and can’t say when hiring someone
what you must do when firing someone
how you manage your employees
what you should do when you need to increase sales
18
which part of business plan is a long term picture of what the businesses is to become?
mission statement
vision statement
marketing plan
salon policies
19
Another name for an individual owner who determines policies and has the last say in decisions is a ____
sole proprietor
manager
business partner
stockholder
20
an agreement to buy an established salon does not typically include which of the following?
a financial audit
a signed statement of inventory and its value
confirmation of the identity of the owner
an analysis of future maintenance costs