Chpt. 9_ On The Job

Question 1

Independent Contractor

Answer 1

Form of self- employment and tax designation with specific responsibilities for bookkeeping, taxes, insurance, and so on

Question 2

Retailing

Answer 2

Act of recommending and selling products to your clients for at-home use.

Question 3

Client Base

Answer 3

Customers who are loyal to a particular beauty professional.

Question 4

Job description

Answer 4

Document that outlines all the duties and responsibilities of a particular position.

Question 5

Booth Rental

Answer 5

Chair Rental; a form of self-employment, business ownership, and tax designation, distinguished by renting a booth or station in a salon, spa, or barbershop.

Question 6

Commission

Answer 6

Percentage of the revenue generated from services performed by a professional.

Question 7

Employee

Answer 7

Employment classification in which the employer withholds certain taxes and has a high level of control

Question 8

Ticket Upgrading

Answer 8

Upselling services; the practice of recommending and selling additional services to your clients.

Question 9

Thorough understanding of what it’s like on the job because…

Answer 9

Requires each staff member to belong to and work as a part of a team; learning to do so is an important aspect of being successful in the work environment.

Being familiar with the compensation system will help you determine of the system at a particular business can work for you and what to expect from it.

Learning the basics of financial management while building your clientele and business is invaluable.

Knowing and using beneficial techniques will help you promote yourself, build a loyal client base, and create a sound financial future for yourself.

Question 10

On The Job— Case Study

Answer 10

Regardless of employment status, one must know that any tips over $20 must be reported on taxes.

As a booth renter, one will be required to pay the owner rent.

An independent contractor turning over $600 in a tax year is required to complete a 1099-MISC form when it comes to role annual taxes.

Question 11

Service Profession

Answer 11

Put other first
Be true to your word
Be punctual
Be a problem solver
Be a lifelong learner

Question 12

Part of a Team

Answer 12

Strive to help
Pitch in
Share your knowledge
Remain positive
Become a relationship builder
Be willing to resolve conflicts
Be willing to be subordinate
Be sincerely loyal