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23 Cards in this Set
- Front
- Back
Managing day-to-day operations requires |
Solving problems on a regular basis |
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A good way to gain the experience of operating a business without a large financial commitment is to |
Do booth rental |
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____________ states require a special license for booth renters |
Some |
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Identify one of the many important factors you should consider when scouting for a location |
Find a location where there are other salons selling skin care |
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What should a business plan include? |
Detailed description of your business and all costs related to operations |
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To help you manage your finances well, it is recommended that you determine how much capital you will need to operate your salon for at least |
2 years |
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Which of these is an example of a variable cost? |
Utility bills |
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Which of these is an example of an expense? |
Salaries |
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What is revenue? |
Total income generated from selling products and services before expenses are taken out |
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When there are two or more owners involved in a salon, what is it called? |
A partnership |
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Which of these business structures offers an owner the greatest protection from personal liability? |
A corporation |
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A corporation is managed by |
A board of directors |
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It is essential to seek the advice of _____________ and ___________ before purchasing an existing business |
An accountant and business lawyer |
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Consumption supplies are |
Supplies used to conduct business operations on a daily basis |
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As an employer, it is important to |
Set clear goals and objectives and be consistent |
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What must you learn to do with your staff to be a successful manager? |
Work cooperatively with your team |
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What is most important to build with clients? |
Trusting relationship |
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Which of these is a recommended management strategy? |
Keep your employees aware of important decisions |
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Effective management and _____________ skills are most important to good public relations |
Communication |
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Which of these is the best place to post your salons policies? |
Reception area |
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It should be standard practice to |
Remind clients to book their next appointment |
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What is the best way to handle phone messages during the course of a busy day? |
Respond as quickly as possible |
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What does public relations entail? |
Building a reputation for quality service and fair business practices |