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Manicure 22: Salon Business

Salon Business 

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Question 1 of 20

When planning to open a salon, one of the most important considerations is:

A

Expected depreciation

B

Location

C

Competitors' pricing

D

Carpeting

Question 2 of 20

An important first step in seeking financing to open a salon is developing a: 

A

Business plan

B

Color scheme

C

Brochure

D

Charter

Question 3 of 20

Prior to opening a business, contact local authorities regarding:  

A

Social security

B

Sales tax

C

Federal withholding tax

D

Business licenses

Question 4 of 20

Insurance policies help protect salon owners against: 

A

Malpractice lawsuits

B

Overcharging

C

Fraudulent licensure

D

Unsanitary conditions

Question 5 of 20

The primary concern in salon design should be:

A

Convenient location

B

Sufficient parking

C

Walking traffic

D

Maximum efficiency

Question 6 of 20

Malpractice insurance is purchased by the: 

A

Landlord

B

Salon owner

C

Employee

D

Client

Question 7 of 20

The type of ownership in which stockholders share the profits is called a:

A

Proprietorship

B

Partnership

C

Corporation

D

Conglomerate

Question 8 of 20

Clients and associates will be treated more fairly and consistently through:

A

Record keeping

B

Salon policies

C

Business regulations

D

Personal Insurance

Question 9 of 20

Supplies used in daily business operations are known as:

A

Consumption supplies

B

Retail supplies

C

Office supplies

D

Cleaning supplies

Question 10 of 20

Supplies that are to be sold to the client are known as:

A

Consumption supplies

B

Retail supplies

C

Office supplies

D

Cleaning supplies

Question 11 of 20

The largest expense in operating a salon is:

A

Rent

B

Supplies

C

Repairs

D

Salaries

Question 12 of 20

What percentage of total gross income should be allocated to advertising?

A

3%

B

5%

C

8%

D

10%

Question 13 of 20

If you do not own the building in which your salon is housed, you must have an agreement between you and the owner called:

A

Bylaws

B

An inventory

C

A charter

D

A lease

Question 14 of 20

What will be the ultimate determining factor in the size of your salon staff? 

A

Income desired

B

Number of clients

C

Available equipment

D

Size of salon

Question 15 of 20

When Interviewing potential employees, you should consider their level of skill, their personal communication skills, and their:

A

Age

B

Attitude

C

Sex

D

Lifestyle

Question 16 of 20

The three types of salon ownership are individual ownership, partnership, and:

A

Corporation

B

Stockholder

C

Multiple owners

D

Conglomerate

Question 17 of 20

When booking appointments, salon services should be sold in terms of:

A

Technician preference

B

Client preference

C

Time on the book

D

The size of the salon

Question 18 of 20

An important part of the salon business is handled by the: 

A

Advertising

B

Telephone

C

Yellow pages

D

Computer

Question 19 of 20

Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering.

A

Counseling

B

Free advise

C

Attitude adjustments

D

Incentives

Question 20 of 20

In the allotment of funds, paying the employees should always:

A

Come after paying suppliers

B

Be paid last

C

Come after paying rent

D

Be the top priority

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