salon business

the receptionist

first person to greet a client in most cases

independent contractor

person who is renting or leasing a work station from a building owner

tips received by an employee

should be reported to the IRS an employee income

asking your teacher to find a job for you

is not how you would start your job search

when opening a salon business

you should remember that location is the most important factor

when creating a resume

you should list awards and special recognition, show prior employment information and write the resume in a brief and concise manner.

benefits

job features such as paid holidays, health insurance and a retirement plan offered by your work place

liabilities

term that refers to all the money you owe

size of the salon

least important factor in deciding whether to accept a position

retailing

term given for selling products for client home care.

50%

percentage of total salon expenses generally used for compensation for the salon owner and employees.

120-150 square feet

should be allowed to create an efficient working space for a stylist

the IRS (internal revenue service)

government agency that would audit your business record keeping

a partnership

type of business where two or more persons share all costs of opening operating and maintaining a business

giving out business cards to poteintal clients

one of the most effective techniques in building a clientele

making negative comments

something you should NOT do if you want to be an asset to a salon

salon owners

responsible for compliance with all local, state/province and federal rules, regulations and laws.

money you owe on a credit card

an example of a liability on your finacial statement

determining the clients needs

one what the salon professional can use to develop a successful relationship with their client

8%- 15%

amount of commission a salon owner will usually pay an employee for the retail sales of home care product

direct mail advertising

a form of advertising that can include sending flyers or postcards to customers

an inventory control system

vital in order to allow close management of prodcts purchased for retailing in the salon

salary plus commissions

method of compensation providing addition payment over and above the normal pay check

an accountant

should be used for advice regarding the operating capital needed to open a salon and pay the expenses of your business

walk-ins

term used for people who come in without an appointment

a lawyer

person you should seek to make sure you are in compliance with all current business codes

income tax

tax based on the profits (earnings) of a business

franchise

form of operation where a fee is paid to a parent corporation

confidence

necessary in order to promote retail products effectively

when were you born?

question that is illegal for an employer to ask for the purpose of discrimination

income

payments received from clietns for services performed and home care products purchased

appointment book

include the designers name, scheduled service, clients name, date, and clients phone number

social security

requires that for every dollar an employee pays, the salon owner must also pay the smae amount to the government

malpractice

insurance protects the salon owner from finacial loss due to an employees neglience

the least steps for the client and designers to travel

should be considered when looking for the ideal salon arrangement

5 to 7 years

length of time to keep all records to daily sales and services

word of mouth

advertising is considered to be the most effective way of building your clientele

u.s. and canadian governments

collect u.s. social security and canadian pension taxes

salon planning

should have the following importance items used; the location, the market need and the cost of necessary improvements

workers compensation insurance

required by start law to protect the employees

prebooking the client

future appointment with a client while he or she is still in the salon and is considered an effective tool for building a clientele

workers compensation insurance

required by state law to protect the employees

confidence

necessary in order to promote retail products effectively

franchise

form of operation where a fee is paid to a parent corporation

120-150 square feet

allowed to create an efficient working space for a stylist

performance review

given by your employer to discuss your job performance

federal law requires form

for each employee can all I-9

stay cal and be yourself

during a job interview