Salon Ownership

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Across
  1. 7. Most important factor in opening a salon business
  2. 8. Financial advisor
  3. 9. Business owned by one person
  4. 10. All local, state/province and federal rules, regulations and laws
  5. 13. Rent is a set dollar amount paid each month to the lessor
  6. 14. All the property you own
  7. 16. Rent includes a set dollar amount paid per month plus a percentage of the total monthly income
  8. 17. Insurance required by federal law for all qualified employers
Down
  1. 1. Operating agreement in which a fee is paid to a parent corporation
  2. 2. Calculated by subtracting your liabilities from your assets
  3. 3. Business owned by two or more persons
  4. 4. Advisor on the legal obligations of business ownership
  5. 5. Legal entity, separate from its shareholders
  6. 6. _____ Contractor is a salon professionals who rents or leases workstations from a building owner
  7. 11. Insurance that protects the salon owner from financial loss that can result from employee negligence
  8. 12. All the money you owe
  9. 15. Policy that covers the actual salon equipment and physical location