When planning to open a salon, one of the most important consideration is .........................
What is location
100
An important first step in seeking financing to open a salon is developing a ................................
What is business plan
100
When opening a new salon, your business plan should include projected income and expenses for up to ................... years.
What is five
100
Prior to opening a business, contact local authorities regarding ...........................
What is business licenses
100
Insurance policies help protect salon owners against ................................
What is malpractice lawsuits
200
Malpractice insurance is purchased by the ......................
What is salon owner
200
The three types of salon ownership are individual ownership, partnership and ............................
What is corporation
200
What type of ownership includes stockholders who share the profits?
What is Corporation
200
To ensure clients and associates will be treated more fairly and consistently, a salon should have .................... in place.
What is salon policies
200
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 (n) .......................
What is lease
300
Overstocking and supply shortages can be prevented by maintaining ....................
What is purchase records
300
Supplies used in daily business operations are known as ..............................
What is consumption supplies
300
Supplies that are to be sold to the clients are known as ............................
What is retail supplies
300
What is the largest expense in operating a salon?
What is salaries
300
On average, salon owners in the United States spend .................... percent of the salon's total gross income on supplies.
What is five
400
As a general rule, an advertising budget should not exceed ................ percent of your gross income.
What is three
400
A primary concern in salon layout design should be .........................
What is maximum efficiency
400
What is the ultimate determining factor with regard to the size of your salon staff?
What is the size of the salon
400
When interviewing potential employees, you should consider their level of skill, personal grooming, their communication skills and ...........................
What is attitude
400
In the allotment of funds, paying the employees should always .........................
What is be the top priority
500
Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering ........................
What is incentives
500
An important part of the salon business is handled by the .................................
What is telephone
500
When booking appointments, the requested services should be scheduled based on ..............................
What is client's preferences
500
What type of activity is aimed at promoting the salon in a favorable light?
What is Advertising
500
The best form of advertising is through ...........................