PMTSH Milady Chapter #32
Terms in this set (35)
A stockholder or corporation is required to pay unemployment insurance taxes on his/her:
from years two to five
During which period of your business timeline should you focus on tending to the business, its clientele, and its employees to grow and expand the business so that it is profitable?
Information about a specific population
Which section of the business plan provides a description of the key strategic influences of the business, such as the market it will serve, the kinds of services it will offer, and the quality of those services?
Which business structure saves you money in taxes, provides greater business flexibility, and makes raising capital easier?
Supplies that are used and replaced in the daily business operations
capital for investment
One reason for entering into a partnership agreement is to have:
A salon that is owned and operated by an individual
photo sharing sites such as instagram
A promotional method of social media is:
When planning to open a salon, one of the most important considerations is:
Insurance policies help protect salon owners against:
An individual who determines policies, has the last say in decision making, assumes expenses, receives profits, and bears all losses
meet payroll obligations
In order to have a successful business, a top priority in the allotment of funds is to:
What is a written agreement with a building owner that outlines the responsibilities for repairs and expenses?
What is a written plan that describes a business and forsees projections for the next five years?
The first and last person who has contact with a client visiting the salon
Supplies that are to be sold to the clients
What is the largest expense in operating a salon?
What should be the primary concern when planning and constructing the physical layout of a salon?
Good business operations require a simple and efficient:
On average, salon owners in the United States spend ______ percent of the salon's total gross income on supplies.
Which section of a business plan includes a long-term picture of what the business is to become and what it will look like when it gets there?
What federal agency requires that the ingredients of cosmetic preparations be available to employees?
from years five to ten
During which period of your business timeline should you focus on adding more locations, expanding the scope of the business (for example, adding spa services), or constructing a larger space?
Newspaper or radio adds and charitable events can best be described as forms of:
When opening a new business, the location selected should reflect your:
As a general rule, an advertising budget should not exceed ______ percent of your gross income
Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering:
from years 11 to 20
During which period of your business timeline might you move from being a working cosmetologist into a full-time manager of the overall business and to begin planning for your eventual retirement?
Which section of the business plan describes the administrative structure of the business?
The important job of booking appointments and greeting clients is generally the responsibility of the:
When booking appointments, the requested services should be scheduled based on:
What is one of the best ways for a business owner to protect personal assets?
SDS (previously known as MSDS)
Information about the ingredients in cosmetic preparations and other products are included in:
The best form of advertising is through:
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32. Salon Business
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