Salon Business
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Question 1 of 20
When planning to open a salon, one of the most important considerations is:
Expected depreciation
Location
Competitors' pricing
Carpeting
Question 2 of 20
An important first step in seeking financing to open a salon is developing a:
Business plan
Color scheme
Brochure
Charter
Question 3 of 20
Prior to opening a business, contact local authorities regarding:
Social security
Sales tax
Federal withholding tax
Business licenses
Question 4 of 20
Insurance policies help protect salon owners against:
Malpractice lawsuits
Overcharging
Fraudulent licensure
Unsanitary conditions
Question 5 of 20
The primary concern in salon design should be:
Convenient location
Sufficient parking
Walking traffic
Maximum efficiency
Question 6 of 20
Malpractice insurance is purchased by the:
Landlord
Salon owner
Employee
Client
Question 7 of 20
The type of ownership in which stockholders share the profits is called a:
Proprietorship
Partnership
Corporation
Conglomerate
Question 8 of 20
Clients and associates will be treated more fairly and consistently through:
Record keeping
Salon policies
Business regulations
Personal Insurance
Question 9 of 20
Supplies used in daily business operations are known as:
Consumption supplies
Retail supplies
Office supplies
Cleaning supplies
Question 10 of 20
Supplies that are to be sold to the client are known as:
Question 11 of 20
The largest expense in operating a salon is:
Rent
Supplies
Repairs
Salaries
Question 12 of 20
What percentage of total gross income should be allocated to advertising?
3%
5%
8%
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:
Bylaws
An inventory
A charter
A lease
Question 14 of 20
What will be the ultimate determining factor in the size of your salon staff?
Income desired
Number of clients
Available equipment
Size of salon
Question 15 of 20
When Interviewing potential employees, you should consider their level of skill, their personal communication skills, and their:
Age
Attitude
Sex
Lifestyle
Question 16 of 20
The three types of salon ownership are individual ownership, partnership, and:
Stockholder
Multiple owners
Question 17 of 20
When booking appointments, salon services should be sold in terms of:
Technician preference
Client preference
Time on the book
The size of the salon
Question 18 of 20
An important part of the salon business is handled by the:
Advertising
Telephone
Yellow pages
Computer
Question 19 of 20
Successful salon owners will share their success with their employees by making payroll obligations a top priority and offering.
Counseling
Free advise
Attitude adjustments
Incentives
Question 20 of 20
In the allotment of funds, paying the employees should always:
Come after paying suppliers
Be paid last
Come after paying rent
Be the top priority