Title: Define inventory control and costs.
Course: Nail Technician II (19105-II) > Section: Managing a Nail Salon

Definition may include

- calculating cost of services
- purchasing supplies and equipment for a salon
- maintaining inventory of retail products or consumption supplies.

Process/Skill Questions:

- What is the difference between consumption supplies and retail products?
- What are the advantages or disadvantages of renting vs. buying equipment?
- How often should shelves be restocked?
- What are the differences between consumption supplies and retail products?
- Why is keeping track of inventory important?
- What role does an accurate inventory have in preparing a budget for the salon?