SPA
WHICH OF THE FOLLOWING WILL BE LEAST IMPORTANT IN BECOMING A SUCCESSFUL ENTREPRENEUR?
WHICH PART OF YOUR BUSINESS PLAN DHOULD INCLUDE A DESCRIPTION OF HOW THE BUSINESS WILL RUN ADMINISTRATIVELY?
ORGANIZATIONAL PLAN
WHICH PART OF YOUR BUSINESS PLAN SHOULD OUTLINE ALL OF THE RESEARCH REGARDING THE CLIENTS YOUR BUSINESS WILL TARGET?
MARKETING PLAN
WHICH OF THE FOLLOWING IS AN ESSENTIAL SET OF BENCHMARKS THAT, ONCE ACHIEVED, HELPS YOU REALIZE YOUR MISSION AND YOUR VISION?
GOALS
HOW LONG IS IT MOST LIKELY TO TAKE TO DETERMINE AND COMPLETE ALL OF THE ASPECTS OF STARTING YOUR OWN BUSINESS?
1 YEAR
YOU WILL WANT TO BASE YOUR BUSINESS LOCATION ON _________________________
YOUR PRIMARY CLIENTELE AND THEIR NEEDS
WHY WILL YOU NEED TO PURCHASE INSURANCE WHEN YOU OPEN YOUR OWN BUSINESS?
IT PROTECTS YOU AGAINST MALPRACTICE SUITS
WHICH OF THE FOLLOWING TYPES OF BUSINESS OWNERSHIP IS MOST LIKELY TO RAISE CAPITAL BY OFFERING SHARES OF STOCK TO STOCKHOLDERS?
A CORPORATION
A REALISTIC BENCHMARK FOR THE NET PROFIT OF A SALON, SPA, OR BARBERSHOP IS _________________
15%
IF YOU ARE INTERESTED IN BOOTH RENTAL, WHICH OF THE FOLLOWING STATES SHOULD YOU NOT MOVE TO?
PENNSYLVANIA
WHAT IS BUILT INTO MOST BOOTH RENTAL AGREEMENTS?
SELF-SUFFICIENCY
THE ONLY WAY FOR YOU TO GUARENTEE THAT YOU WILL STAY IN BUSINESS IS TO_________________
TAKE CARE OF YOUR CLIENTS
WHAT SHOULD BE YOUR PRIMARY CONCERN WHEN PLANNING ANF CONSTRUCTING THE BEST PHYSICAL LAYOUT FOR THE TYPE OF BUSINESS YOU ENVISION?
MAXIMUN EFFICIANCY
YOUR PERSONNEL IS YOUR_________________
STAFF
THE KEY DUTY OF THE RECEPTIONIST IS_______________
BOOKING APPOINTMENTS
WHAT SHOULD BE DONE IF A CLIENT CALLS TO BOOK AN APPOINTMENT WITH A PARTICULAR PROFESSIONAL ON A PARTICULAR DAY AND TIME, BUT THAT PROFESSIONAL IS OFF THAT DAY?
SUGGEST OTHER TIMES THAT THE PROFESSIONAL IS AVAILABLE
MARKETING IS THE MEANS FOR_______________________
SELLING AND PROMOTING YOUR BUSINESS
THE MODERN VERSION OF WORD OF MOUTH IS_____________________________
BILLBOARD MARKETING
WHAT IS THE BEST VEHICLE FOR OTHERS TO PROMOTE YOUR BUSINESS VIA VIRAL MARKETING?
SOCIAL MEDIA
WHAT DOES ADDING SERVICES AND RETAIL TO YOUR SERVICE TICKETS MEAN FOR YOUR BUSINESS?
ADDITIONAL REVENUE
WHAT WOULKD BE THE MOST IMPORTANT QUESTION TO ASK YOURSELF WHEN CREATING YOUR BRAND IDENTITY
WHAT IS MY BUSINESS'S POINT OF DIFFERENCE?
HOW LONG IS IT MOST LIKELY TO TAKE TO DETERMINE AND COMPLETE ALL OF THE ASPECTS OF STARTING YOUR BUSINESS?
1 YEAR
MARKETING IS A MEANS FOR ____________________
SELLING AND PROMOTIONG YOUR BUSINESS
NAME 2 TYPES OF BUSINESS OWNERSHIP
SOLE PROPRIETOR & PARTNERSHIP
WHAT ARE 4 ELEMENTS OF A SUCCESSFUL SALON, SPA, OR BARBERSHOP
A WELL DESIGNED LAYOUT
AN ATTRACTICE AND EFFECTIVE FRONT DESK AREA
PROPER USE OF TELEPHONE
QUALITY PERSONNEL