Who must apply for a tax identification number and provide business insurance?
Independent contractor
When you complete your yearly taxes, it is critical that you report ____ that is not shown on your paycheck
Cash tips other income
The best time to think about getting your clients back into your spa is ____
While they are still there
Your first job in this industry will most likely be the most ____
Difficult
What type of esthetician is wholly responsible for clientele, supplies, record keeping, maintenance, and accounting?
Booth or suite renter
The best way to record your tips and additional income is to keep a _____
Daily log
When you become an employee, you will be expected to put the needs of _____ ahead of your own.
The business and its clients
What is central to the beauty business?
Within the workplace, who is not responsible for withholding income and Medicare taxes? They also work on a salary, commission, or salary-plus-commission basis.
Employee
Not paying back your loans is called ____
Defaulting
What is the percentage of the revenue you brought into the business from client services and product sales called?
Commission
Working as an independent contractor and working as a booth or suite renter are forms of _____
Self-employment
Salary is when you receive a predetermined payment calculated at _____ rate, which is based on minimum wage or a wage set by your employer.
Hourly
What is the act of recommending and selling products to your clients for at-home use?
Retailing
_____ also known as upselling, is the practice of recommending and selling additional services to your clients
Ticket upgrading
A salary-plus-commission arrangement is sometimes called a ____
Guarantee