Business and Career Management Flashcards

What is the main reason cosmetologists should maintain a professional portfolio?

Answer: To showcase their skills and attract new clients or employers

A professional portfolio displays a cosmetologist's best work and helps attract new clients, secure employment, or advance their career.

When a cosmetologist builds a loyal clientele, this is primarily valuable because:

Answer: It provides a stable, repeat-revenue base that supports consistent income

A loyal clientele creates a dependable stream of repeat business, which stabilizes income and reduces reliance on new-client advertising.

Which of the following is an example of 'upselling' in a salon?

Answer: Recommending a deep-conditioning treatment in addition to a scheduled haircut

Upselling involves suggesting an additional or upgraded service (like a conditioning treatment) that enhances the client's results and increases the ticket total.

What is the purpose of a cosmetology state board license?

Answer: To legally authorize the cosmetologist to perform cosmetology services in that state

A state board license legally authorizes a cosmetologist to practice in that state after passing written and practical examinations.

What does 'continuing education' (CE) mean for a licensed cosmetologist?

Answer: Completing approved courses to maintain licensure and stay current with techniques and regulations

Continuing education involves completing state-approved courses that keep cosmetologists current on techniques, safety, and regulations as required for license renewal.

Which pricing strategy sets service prices based on the cost of supplies plus a desired profit margin?

Answer: Cost-plus pricing

Cost-plus pricing calculates service prices by adding the cost of materials and overhead to the desired profit margin, ensuring each service is profitable.