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25 Cards in this Set

  • Front
  • Back

Most important consideration when opening a salon

Location

An important first step in seeking financing to open a salon

Develop a business plan

Projected income and expenses should be estimated for how many years

Five

Before opening a business

Business license

Ways to treat clients and associates fairly

Salon policies

Who purchases malpractice insurance

Salon owner

Three types of salon ownership

Individual, partnerships, corporations

When stockholders share the profits

Corporation

Agreement between you and the owner of a building

Lease

Preventing overstock and supply shortages

Purchase records

Supplies used in daily business operations

Consumption supplies

Supplies to be sold to the clients

Retail supplies

Primary concern in salon deaign

Maximum efficiency

The ultimate determining factor in size of your staff

Size of the salon

What to consider when interviewing potential employees

Attitude

Largest expense in operating a salon

Salaries

Paying employees should always be

Top priority

Successful salon owners share their success with employees by..

Incentives

Successful salon owners share their success with employees by..

Incentives

Salon services should be sold in terms..

Time on the book

Most salon business is handled

By telephone

Activities that promote the salon in a favorable ligjt

Advertising

Best form of advertising

Satisfied clients

What percent of total gross income should be allocated to advertising

3

Advertising in your salon should be…

Planned well in advance