Salon Business Flashcards
When opening a new business, the location selected should reflect your:
primary clientele
A written plan that describes a business and foresees projections for the next 5 years is a:
business plan
The federal agency that requires that the ingredients of cosmetic preparations be available to employees is:
OSHA
A salon that is owned and operated by an individual is referred to as a:
sole proprietorship
One reason for entering into a partnership agreement is to have
capital for investment
One of the best ways for a business owner to protect personal assets is:
incorporating
A stockholder of a corporation is required to pay unemployment insurance taxes on:
salary
A written agreement with a building owner that outlines the responsibilities for repairs and expenses is a:
lease
Good business operations require a simple and efficient:
record system
Supplies that are used and replaced in the daily business operation are identified as:
consumption supplies
In planning and constructing the physical layout of a salon, it should be designed for:
maximum efficiency
In order to have a successful business, a top priority in the allotment of funds is to:
meet payroll obligations
The important job of booking appointments and greeting clients is generally the responsibility of the:
receptionist
Newspaper or radio ads and charitable events are all forms of:
advertising
Money to invest in a business
Capital
