Chapter 32 Review ~ The Salon Business

Question 1

A primary concern in salon design should be ___.

Answer 1

Maximum Efficiency

Question 2

Clients and associates will be treated more fairly and consistently through ___.

Answer 2

Salon Policies

Question 3

Malpractice insurance is purchased by the ___.

Answer 3

Salon Owner

Question 4

An important first step in seeking financing to open a salon is developing a ___.

Answer 4

Business Plan

Question 5

Supplies used in daily business operations are know as ___.

Answer 5

Consumption Supplies

Question 6

The type of ownership in which stockholders share the profits is called ___.

Answer 6

Corporation

Question 7

Prior to opening a business, contact local authorities regarding: ___

Answer 7

Business License

Question 8

Insurance policies help protect salon owners against ___.

Answer 8

Malpractice Lawsuits

Question 9

The largest expense in operating a salon is the ___.

Answer 9

Salaries

Question 10

What will be the ultimate determining factor in the size of your salon staff?

Answer 10

Size of the Salon

Question 11

The three types of salon ownership are individual ownership, partnership, and ___.

Answer 11

Corporation

Question 12

An important part of the salon business is handled by the ___.

Answer 12

Telephone

Question 13

What percentage of the total gross income should be allocated to advertising?

Answer 13

3%

Question 14

Supplies that are to be sold to the clients are known as ___.

Answer 14

Retail Supplies

Question 15

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/an ___.

Answer 15

Lease

Question 16

When booking appointments, salon services should be sold in terms of ___.

Answer 16

Time on the Book

Question 17

When interviewing potential employees, you should consider their level of skill, personal grooming habits, their communication skills, and ___.

Answer 17

Attitude

Question 18

In the allotment of funds, paying the employees should always ___.

Answer 18

Be The Top Priority

Question 19

When opening a new salon, your business plan should include projected income and expenses for up to ___.

Answer 19

Five Years

Question 20

The best form of advertising is through:

Answer 20

Satisfied Clients

Question 21

Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering ___.

Answer 21

Incentives

Question 22

Activities that promote the salon in a favorable light are known as ___.

Answer 22

Advertising

Question 23

Overstocking and supply shortages can be prevented by maintaining ___.

Answer 23

Purchase Records

Question 24

When should advertising for your salon be planned?

Answer 24

Well In Advanced

Question 25

When planning to open a salon, one of the most important considerations is ___.

Answer 25

Location