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Milady Exam Review: Salon Business Chapter 32

Milady Exam Review: Salon Business Chapter 32

Test your knowledge on the key terms and concepts from Chapter 32 of the Milady Exam Review, focusing on the salon business. This quiz covers essential vocabulary including roles in salon ownership and financial considerations crucial for aspiring salon professionals.

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Quiz30 Questions
Flashcards27 Cards
Study Notes1 Note
Podcast1 Episode

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Start with the earlier modules and work forward. Each one builds on the last, so the course gets more advanced as you go.

Milady Exam Review: Salon Business Chapter 32

Quiz • 30 Questions

Milady Exam Review: Salon Business Chapter 32 - Flashcards

Flashcards • 27 Cards

Study Notes

3 min • Summary

Milady Exam Review: Salon Business Chapter 32 - Podcast

Podcast

Materials

List of Questions30 questions
  1. Question 1
    • Certified public accountant
  2. Question 2
    • Sole proprietor
  3. Question 3
    • Consumption supplies
  4. Question 4
    • Retail supplies
  5. Question 5
    • Maximum efficiency
  6. Question 6
    • Payroll
  7. Question 7
    • Satisfied clients
  8. Question 8
    • Goal
  9. Question 9
    • Offers easy access
  10. Question 10
    • One
  11. Question 11
    • Renter's insurance
  12. Question 12
    • Personnel
  13. Question 13
    • What you should do when you need to increase sales
  14. Question 14
    • The receptionist's
  15. Question 15
    • Maintain current clients
  16. Question 16
    • Organizational plan
  17. Question 17
    • Executive summary
  18. Question 18
    • Financial documents
  19. Question 19
    • Salon policies
  20. Question 20
    • Vision statement
  21. Question 21
    • Marketing plan
  22. Question 22
    • Supporting documents
  23. Question 23
    • Mission statement
  24. Question 24
    • An analysis of future maintenance
  25. Question 25
    • $75 to $125
  26. Question 26
    • A franchise
  27. Question 27
    • Excellent customer service delivery
  28. Question 28
    • A full-charge bookkeeper
  29. Question 29
    • Booth rental
  30. Question 30
    • The salon's energy level
List of Flashcards27 flashcards
  1. Card 1
    HintThink financial expert - they help with numbers.Memory TipCPA - Certified Public Accountant
  2. Card 2
    HintSingle owner, in charge of everything.Memory TipSolo, single, one owner
  3. Card 3
    HintConsumed in the salon's daily work.Memory TipConsumed daily, like shampoo
  4. Card 4
    HintSold to clients for profit, like hairspray.Memory TipResold to clients, retail
  5. Card 5
    HintMaking the most of space and movement.Memory TipStreamlined flow, smooth work
  6. Card 6
    HintPaying employees on time and accurately.Memory TipStaff salary, regular payments
  7. Card 7
    HintHappy customers tell their friends about the salon.Memory TipGood reviews = more customers
  8. Card 8
    HintTargets to reach, like expanding services.Memory TipMilestones = goals reached
  9. Card 9
    HintConvenient for clients to visit.Memory TipLocation, location, location
  10. Card 10
    HintMultiple owners with shares in the business.Memory TipShared ownership, many stockholders
  11. Card 11
    HintProtection for rented spaces.Memory TipNot for owners of buildings
  12. Card 12
    HintPeople who work at the salon.Memory TipStaff, employees, workforce
  13. Card 13
    HintGreets clients and handles appointments.Memory TipFirst point of contact
  14. Card 14
    HintKeep customers coming back for more.Memory TipRetention key for growth
  15. Card 15
    HintA blueprint for how the salon operates.Memory TipStructure and organization
  16. Card 16
    HintA quick overview of the business plan.Memory TipSummary of the plan
  17. Card 17
    HintNumbers that show the salon's financial health.Memory TipMoney-related documents
  18. Card 18
    HintStandards of conduct for everyone.Memory TipRules and guidelines for the salon
  19. Card 19
    HintWhere the salon wants to be in the future.Memory TipDream big, future goals
  20. Card 20
    HintReaching out to potential clients effectively.Memory TipTarget audience and strategies
  21. Card 21
    HintEvidence supporting the business plan.Memory TipProof and evidence
  22. Card 22
    HintThe salon's purpose and what it stands for.Memory TipPurpose and goals
  23. Card 23
    HintUsing an established brand and system.Memory TipBrand licensing and expansion
  24. Card 24
    HintComplete financial manager for the business.Memory TipFull financial control
  25. Card 25
    HintIndependent stylists with their own clients.Memory TipRent a chair, work independently
  26. Card 26
    HintPositive phone calls create a happy vibe.Memory TipPositive energy, good vibes
  27. Card 27
    HintThe price tag for setting up a salon.Memory TipCost per square foot, initial set up

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