Nail Technician Professional - Qp12

The given answer correctly lists three types of forms of business: Partnership, Limited Company, and Sole Proprietor. A partnership is a business owned and operated by two or more individuals who share the profits and losses. A limited company is a legal entity separate from its owners, offering limited liability to its shareholders. A sole proprietorship is a business owned and operated by a single individual who is solely responsible for all aspects of the business. These three forms of business represent different ownership structures and have distinct characteristics and legal implications.

When making the choice on the location of a business, three factors that need to be considered are the type of clientele, affordability, and marketing needs. The type of clientele refers to the target audience or customers that the business aims to attract. The location should be convenient and accessible for this specific group. Affordability is important as it affects the overall cost of running the business and can impact profitability. Lastly, marketing needs should be taken into account to ensure that the location aligns with the business's marketing strategies and goals.

Leasing a business is often sought in business areas because it allows for flexibility and the ability to relocate if necessary. In contrast, ownership is usually preferred in a home-based salon business because it provides stability and control over the property. Therefore, the statement is true as it accurately reflects the general preferences in these two types of businesses.

Books are not related to advertising media because they are not typically used as a medium for advertising. Advertising media refers to the various channels or platforms through which advertisements are disseminated to target audiences, such as posters and signs, leaflets and flyers, and newspapers. Books, on the other hand, are primarily used for storytelling, education, or entertainment purposes, rather than for advertising products or services.

A satisfied client is likely to recommend the service to others based on their positive experience. This word-of-mouth advertising is highly effective as it comes from a trusted source. When clients are happy with the service they received, they are more likely to become repeat customers and also share their positive experience with others, leading to potential new clients. Therefore, the statement that a satisfied client means return of service and they will often advertise the service is true.

When selecting an appropriate advertising medium, three factors that must be considered are cost, target market, and market area. Cost is important because it determines the budget and feasibility of using a particular medium. Target market is crucial as it helps in identifying the audience that the advertisement should reach. Understanding the market area is also essential as it helps in determining the reach and effectiveness of the advertising medium within a specific geographical location.

In order to effectively market a salon, it is important to plan and advertise the salon. This involves developing a strategic plan that outlines the target audience, marketing goals, and promotional strategies. Additionally, advertising the salon through various channels such as social media, print media, and word-of-mouth can help attract new customers and increase visibility. Therefore, the statement "True" is correct as planning and advertising are indeed important for marketing a salon.