22. The Skin Care Business Flashcards
Communication and ____________ are important for good public relations.
Effective management.
Some states require a ________ from booth renters?
Special license.
A corporation business structure offers an owner the greatest ________.
Protection from personal liability.
It’s important to set clear goals and objectives and be consistent if you are an _______?
Employer.
When solving problems on a regular basis, you are managing _________
Day to day operations.
What recommended strategy are you using when you keep employees up to date on important salon decisions?
Management.
All costs related to operations, and a detailed description of your business is called a ___________.
Business plan.
Reminding clients to book their next appointment should be __________.
Standard practice.
What is recommended that you have two years of in order to operate your salon’s finances well?
Capital.
A salary is an example of _______
Expense.
When should you return phone messages on a busy day?
As soon as possible.
Total income from selling products and services, before expenses are taken out is referred to as ______________.
Revenue.
In a salon, a partnership involves _________.
Two or more partners.
What is managed by a board of directors?
Corporations.
What should you seek from an accountant and business lawyer? And when?
Advice before purchasing existing businesses.
