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10 Cards in this Set
- Front
- Back
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What are the four types of salon ownership? |
Sole proprietorship Partnership Corporation Franchise |
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What type of salon ownership is a business owned by one person who is in complete control the business? |
Sole proprietorship |
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What type of salon ownership is a business owned by two or more persons? |
Partnership |
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What type of salon ownership is owned by its shareholders and is a legal entity separate from shareholders? |
Corporation |
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What are three important requirements of salon planning? |
Location, market need, cost of necessary improvements |
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What is the most important factor in opening a salon business? |
Location |
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Who is the link between the manufactures of products and equipment and the salon? |
A distributor sales consultant |
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Approximately how many square feet per stylist does it take to create an efficient working space? |
120 to 150 |
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What functioning areas do all salons require? |
A reception area with seating and a desk for receiving guests, a dispensary, a restroom and service areas such as shampoo and drying areas |
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What are the five types of insurance available to salon owners to eliminate risk? |
Malpractice insurance Property or premise insurance Product liability insurance Unemployment insurance Worker’s Compensation |
