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Chapter 32 Business

QuestionAnswer
When planning to open a salon, one of the most important considerations is... Locations
An important first step in seeking financing to open a salon is developing a... Business Plan
Prior to opening a business, contact local authorities regarding... Business Licenses
Insurance policies help protect salon owners against... Over charging
A primary concern in salon design should be... Convenient Location
Malpractice insurance is purchased by the... Landlord
The type of ownership in which stockholders share the profits is called... Corporation
Clients and associates will be treated more fairly and consistently through... Business Regulations
Supplies used in daily business operations are known as... Office Supplies
Supplies that are to be sold to the clients are known as... Retail Supplies
The largest expense in operating in a salon is... Supplies
What percentages of the total gross income should be allowed to advertising? Eight
If you do not own the building in which your salon is housed, you must have an agreement between yourself and the owner called a... Bylaw
What will be the ultimate determining factor in the size of your salon staff? Number Of Clients
When interviewing potential employees, you should consider their level of skill, personal grooming, their communication skills, and... Attitude
The three types of salon ownership are individual ownership, partnerships, and... Corporation
When booking appointments, salon services should be sold in terms of... Client Preference
An important part of the salon business is handled by the... Advertising
Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering... Incentives
In the allotment of funds, paying the employees should always... Be The Top Priority
Overstocking and supply shortages can be prevented by maintaining... Purchase Records
Activities that promote the salon in a favorite light are known as... Advertising
When should advertising for your salon be planned? Monthly
When opening a new salon, your business plan should includes projected income and expenses for up to... Five Years
The best form of advertising is through... Public Television.
Created by: abiglin4465
 

 



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