The Beauty Business

This is a business structure in which two or more people share ownership

• Corporation

• Partnership

• Franchise

• Sole Proprietorship

This is a business structure controlled by one or more stockholders

• Corporation

• Partnership

• Franchise

• Sole Proprietor

This ownership structure has an individual owner who is also the manager of the business

• Corporation

• Partnership

• Franchise

• Sole Proprietor

What type of business ownership offers the advantage of a known name and brand recognition?

• Corporation

• Partnership

• Franchise

• Sole Proprietorship

Which type of business ownership can be either fantastic with the right chemistry or disastrous with the wrong person?

• Corporation

• Partnership

• Franchise

• Sole Proprietorship

What type of business ownership is the best way to protect your personal assets?

• Corporation

• Partnership

• Franchise

• Sole Proprietorship

Supplies that are sold to clients are....

• Consumption supplies

• Retail supplies

• Marketing supplies

• Expenses

Supplies that are used in the daily business operation are....

• Consumption supplies

• Retail supplies

• Marketing supplies

• Expenses

_____________ include rent, utilities, salaries, advertising, equipment, and repairs

• Income

• Expenses

________________ is classified as receipts from services and retail sales

• Expenses

• Income