This is the most effective way of building your clientele
What is word of mouth advertising
100
Everything you own is called this
What is total assets
100
This is a business owned by 1 person
What is sole proprietorship
100
This type of buyer puts up a struggle and has a strong desire to debate with you
What is a stubborn buyer
200
This offers a brief summary of why you would like to be employed at the salon
What is a cover letter
200
Asking clients to make a future appointment before they leave the salon is called this
What is prebooking
200
All the money you owe is called this
What is total liabilities
200
This is a business owned by two or more persons
What is a partnership
200
This type of buyer is more interested in price than quality
What is a bargain buyer
300
This includes your educational background and work history
What is a resume
300
This identifies what you would like to achieve in the next year
What is a short-range goal
300
Total assets minus total liabilities equals this
What is net worth
300
Worker's Compensation Insurance is needed to protect these people
What are employees
300
This type of buyer wants to know all the facts about a product
What is a logical buyer
400
Paid holidays, bonuses, and insurance are examples of this
What are job benefits
400
This identifies where you want your career to be in five years
What is a long-range goal
400
This is an exact rental payment each month
What is fixed rent
400
This is a legal entity, separate from its shareholders, which is formed under legal guidelines
What is a corporation
400
This buyer bases purchases more on personal reasons than facts
What is an emotional buyer
500
Some salons may have you attend this to familiarize the new employee with the work habits and standards of the salon
What is a general orientation program
500
An employer will discuss job performance with an employee at regular intervals during this
What is a performance review
500
This type of insurance protects the salon owner from financial loss due to an employee's negligence
What is malpractice
500
This is an operating agreement in which a fee is paid to a parent corporation in exchange for fixtures, promotion, advertising, education and management techniques
What is a franchise
500
This type of buyer is open-minded and will take a chance on new products without hesitation