Prepare for the Red Seal Cosmetology Exam. Utilize flashcards and multiple choice questions with hints and explanations to get exam ready. Start your journey towards certification!

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As a business owner, what should be the top priority?

  1. Expanding business operations

  2. Redecorating the salon

  3. Meeting your payroll obligations

  4. Cutting operational costs

The correct answer is: Meeting your payroll obligations

Payroll refers to the process of calculating and distributing salaries to employees. As a business owner, it is crucial to prioritize meeting your payroll obligations to ensure that your employees are paid on time and accurately. This builds trust and loyalty among employees, leading to better job performance and retention. Expanding operations and cutting costs may be beneficial in the long run, but meeting payroll is an immediate priority that directly impacts your employees and their livelihoods. Redecorating the salon may contribute to a better overall appearance, but it should not take precedence over meeting payroll obligations.