A salon suite is the perfect middle ground between renting a booth and managing a multi-chair salon team. It's a private, micro-salon where you can run your business independently.
Renting a salon suite is a thrilling move for beauty professionals who crave independence and control over their careers. But it's not without its challenges.
In this blog post, we’re diving into the pros and cons of renting a salon suite, so you can make a smart, informed decision. Ready to see if this path is right for you? Let’s go!
Having your own suite provides:
Autonomy:
Privacy
Control over your environment
Control over your selection of products
The choice to sell retail items
Flexibility in your:
schedule
prices
clientele
services
and the financial benefits of
higher profit margins
available tax deductions
maintenance and utilities being taken care of for you
Salon Suites offer a more personalized environment that you may be seeking outside of your current salon space and you have the luxuries of taking time off without requesting it and setting a schedule that works for you.
But with all of this benefit of autonomy, also comes a lot of responsibility:
The potential drawbacks will look like:
Self-Management and operational responsibilities:
Spending more time scheduling and communicating with clients directly
Restocking products and equipment
Marketing for yourself to bring in new leads
Maintaining Salon licensures, entities, and insurances
Financial responsibility:
Start-up costs
Fixed-Rent with no paid time off
Paying your taxes (& don't forget sales tax)
or even personal things like the isolation of working solo and preferring an open salon environment.
Renting a salon suite is a game-changer for beauty professionals ready to take the reins of their careers. It's your chance to create a personalized, profitable business on your terms. But let's be real: it's not all rainbows and sunshine. It demands significant responsibility and effort. Weighing the pros and cons is crucial to determine if this path aligns with your professional goals and personal circumstances. With the right planning and dedication, a salon suite can transform into a rewarding and successful venture!
So, are you ready to step up and make it happen?
About the blog
Hi, I'm Juli! Stylist, Salon Suite Co. Owner, and your personal guide to mastering your suite from the start.
I'm here to simplify your salon ownership journey with insights from my 10+ years of experience.
Interested in working together? I'm launching a new program for suite renters to give you a triple-threat advantage and help grow your business.
Learn more about The 3-Step Framework and get notified when my books open!
Go get 'em,
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