Title: Explain the procedure for obtaining a lease or purchasing a building.
Course: Cosmetology II (Two-Year Program) (19101-2YII) > Section: Examining Business Skills and Salon Management

Explanation should include

- getting professional advice
- having knowledge of how to acquire the necessary loans, insurance, permits, and licenses
- having a written agreement with the owner of the building.

Process/Skill Questions:

- How can a business owner obtain the necessary financing to lease or purchase a location?
- Who should be consulted before the purchase or lease of a building?
- What are the advantages and disadvantages of purchasing a building?
- What are the advantages and disadvantages of leasing a building?