Comments on: To Rent or Not To Rent… http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/ Just another WordPress weblog Tue, 06 Jan 2009 00:32:11 +0000 http://wordpress.org/?v=2.0.4 by: Cheryl http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-39069 Wed, 03 Dec 2008 14:02:15 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-39069 Naomi can you tell me about the product line that I can buy direct. Thanks Cheryl Naomi can you tell me about the product line that I can buy direct. Thanks Cheryl

]]> by: Angie http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-38905 Sat, 29 Nov 2008 20:16:26 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-38905 I was a commission stylist for years. A friend of mine opened a booth rental place, and I made the leap. It's not easy. But oh so worth it if you prefer a little freedom in your life. You have to ask for referals, and customer service is key. In most cases you will no longer have a steady stream of walk-ins. You can however control your own prices, what products you use, what you wear, when you start your day, when you end it. I have tried to go back to commission places since, and have been very unhappy being told what to do, and having to clean someones salon for free. I've recently landed a job in a salon suite located in a prestigious all ages apartment complex. My rent? They only take 15%! They also put up flyers for me throughout the complex. I'll be doing everything I can to hold on to this gig. I think the hairstylists before me who let this oppurtunity go are foolish. In the end only you can decide if you are willing to put in the time, money, and paperwork to make your business work. I had a friend who rented that waited forever to call her clients back to make appointments. How foolish! Would you take a twenty dollar bill and flush it? In her case, commission is better. I was a commission stylist for years. A friend of mine opened a booth rental place, and I made the leap. It’s not easy. But oh so worth it if you prefer a little freedom in your life. You have to ask for referals, and customer service is key. In most cases you will no longer have a steady stream of walk-ins. You can however control your own prices, what products you use, what you wear, when you start your day, when you end it. I have tried to go back to commission places since, and have been very unhappy being told what to do, and having to clean someones salon for free. I’ve recently landed a job in a salon suite located in a prestigious all ages apartment complex. My rent? They only take 15%! They also put up flyers for me throughout the complex. I’ll be doing everything I can to hold on to this gig. I think the hairstylists before me who let this oppurtunity go are foolish.
In the end only you can decide if you are willing to put in the time, money, and paperwork to make your business work. I had a friend who rented that waited forever to call her clients back to make appointments. How foolish! Would you take a twenty dollar bill and flush it? In her case, commission is better.

]]> by: Greta Kennedy http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-38495 Fri, 21 Nov 2008 20:02:13 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-38495 I have a friend who is locked into a chair rental lease. Is this legal and standard procedure? The salon is in violation with the state cosmetology board and she has been losing clientele because of it. She would like to find a way to dissolve the chair rental lease with as little hassle as possible. Any thoughts are helpful. (Btw- I am not in the business, but she has no access to a computer at this time so I said I'd inquire around.) Thank you for any help. I have a friend who is locked into a chair rental lease. Is this legal and standard procedure? The salon is in violation with the state cosmetology board and she has been losing clientele because of it. She would like to find a way to dissolve the chair rental lease with as little hassle as possible. Any thoughts are helpful. (Btw- I am not in the business, but she has no access to a computer at this time so I said I’d inquire around.) Thank you for any help.

]]> by: Jon Gonzales http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-35615 Fri, 03 Oct 2008 17:08:41 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-35615 Keith , good advice . Most salon owners are misclassifying their workers and will lose an audit . ,I suggest a very good labor law attorney that specializes in contract law .This is a legal issue that can only be answered by a labor law attorney . There are other issues to consider as well . Our profession is being targeted by the State Employment Department and the IRS .The penalties if you lose an audit are devastating . Ignorance of the law is just no excuse . Refer to my article on Independent Contractor Beware Good Luck Jon Gonzales Keith , good advice . Most salon owners are misclassifying their workers and will lose an audit . ,I suggest a very good labor law attorney that specializes in contract law .This is a legal issue that can only be answered by a labor law attorney . There are other issues to consider as well . Our profession is being targeted by the State Employment Department and the IRS .The penalties if you lose an audit are devastating . Ignorance of the law is just no excuse . Refer to my article on Independent Contractor Beware

Good Luck

Jon Gonzales

]]> by: tom http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-33743 Thu, 11 Sep 2008 06:53:39 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-33743 I want to inform many of you that a few states have already made the booth rental illegal. Unless you have 24 hr access and are free to come and go as you please , watch out. You also are not allowed to be on the books that a common front desk person takes the appointments for you. Consider the fact that the government will get its money and this way leaves too many holes. In Southern Ca. the trend has changed from booth rental to commission. I have had an influx of rental stylist showing up at my door asking for a space. A good owner invests in the future of the workplace and its staff period. I want to inform many of you that a few states have already made the booth rental illegal. Unless you have 24 hr access and are free to come and go as you please , watch out. You also are not allowed to be on the books that a common front desk person takes the appointments for you. Consider the fact that the government will get its money and this way leaves too many holes.
In Southern Ca. the trend has changed from booth rental to commission. I have had an influx of rental stylist showing up at my door asking for a space. A good owner invests in the future of the workplace and its staff period.

]]> by: Diane Dutton http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32966 Wed, 03 Sep 2008 17:57:08 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32966 After reading all the responses, one thing is certain - great salon owners will be great whether they use the rental model or the commission model. I have been studying the material from www.thebeautyresource.com. Andrew is a great resource for spa and salon owners, teaching all the important tools. Owning is a big responsibility but can be very profitable. I have heard of renters paying $800 to $1,000/month in middle markets to a shop that stays at the top of the game and brings in only the best team of professionals, lots of walk in traffic and great products. As a renter you control your income and make as much as you want by truly marketing yourself. I am not teaching business skills in the beauty schools - I love it - the students are excited to learn how to manage their money and market themselves. This will be a great help to the industry overall! After reading all the responses, one thing is certain - great salon owners will be great whether they use the rental model or the commission model.

I have been studying the material from www.thebeautyresource.com. Andrew is a great resource for spa and salon owners, teaching all the important tools. Owning is a big responsibility but can be very profitable. I have heard of renters paying $800 to $1,000/month in middle markets to a shop that stays at the top of the game and brings in only the best team of professionals, lots of walk in traffic and great products.

As a renter you control your income and make as much as you want by truly marketing yourself.

I am not teaching business skills in the beauty schools - I love it - the students are excited to learn how to manage their money and market themselves. This will be a great help to the industry overall!

]]> by: Patricia http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32212 Tue, 26 Aug 2008 13:07:47 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32212 Naomi, Can you tell me what that product line is that gives you a kickback? I am very interested also about what kind of retirement investing might be best. I would love to talk to you. Thanks Naomi,
Can you tell me what that product line is that gives you a kickback? I am very interested also about what kind of retirement investing might be best.
I would love to talk to you. Thanks

]]> by: Tara http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32136 Mon, 25 Aug 2008 14:40:34 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-32136 I have been both comm & renter. I think financially it does come close to equalling out to the same after product, rent and taxes...but also you have to remember you need to keep your reciepts and take off many expenses when you do your taxes. The biggest plus is being your own boss!!! That is worth it. In either situation you dont work you dont get paid. I tend to work come in early and stay late as a self employed person...its worth it compared to as commission I stuck to the hours provided. Also, if you want to take a half day because you want to you can...easy as that. In my case I had to beg off for a wedding and a funeral let alone trying to beg off to watch a softball game. Again, either way you dont work you dont get paid. Take the Plunge. your worried about loss of clients ... where are they going to go??? Your not moving locations...All you have to say now is, please make your check out to me. And if your brave enough to tell them you prefer cash or check that is benificail too. I have been both comm & renter. I think financially it does come close to equalling out to the same after product, rent and taxes…but also you have to remember you need to keep your reciepts and take off many expenses when you do your taxes. The biggest plus is being your own boss!!! That is worth it. In either situation you dont work you dont get paid. I tend to work come in early and stay late as a self employed person…its worth it compared to as commission I stuck to the hours provided. Also, if you want to take a half day because you want to you can…easy as that. In my case I had to beg off for a wedding and a funeral let alone trying to beg off to watch a softball game. Again, either way you dont work you dont get paid. Take the Plunge. your worried about loss of clients … where are they going to go??? Your not moving locations…All you have to say now is, please make your check out to me. And if your brave enough to tell them you prefer cash or check that is benificail too.

]]> by: Naomi http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-31959 Sun, 24 Aug 2008 00:19:43 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-31959 Renting definitely gives one more incentive to work harder! As for benefits, I can tell you about a product line that allows you to buy directly from the company at wholesale prices and then they also give you a percentage kickback which can then be put into a retirement program just like the big companies do. They also offer free education and low cost seminars to keep you updated in both product knowledge and skills. The products are superior and will NEVER be sold at retail outlets--only through hair stylists. Email me if you want more info! Renting definitely gives one more incentive to work harder! As for benefits, I can tell you about a product line that allows you to buy directly from the company at wholesale prices and then they also give you a percentage kickback which can then be put into a retirement program just like the big companies do. They also offer free education and low cost seminars to keep you updated in both product knowledge and skills. The products are superior and will NEVER be sold at retail outlets–only through hair stylists. Email me if you want more info!

]]> by: Diane Dutton http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-30932 Thu, 07 Aug 2008 21:00:26 +0000 http://salonlife.blogs.ncacares.org/2008/08/01/to-rent-or-not-to-rent/#comment-30932 The decision to rent or work for commission can rest in your personal drive for succes. If you are a go getter and bring in a huge clientele and constantly communicate with clients and network for additional clients, make the most of the rental dollars you pay per month by increasing your revenue per hour and revenue per month base on your work ethic, than rental will maximize your profit! The person who says renting is the next best thing to owning a salon - yes - but owning a salon means overhead, utilities and responsibility for other people besides yourself. Renting can and will be the wave of the future as more beauty professionals realize the value is in their abilities, not the salon - I know I am not making salon owners happy here but there is a happy medium if salon owners and renters work together to make the salon great and profitable for all - its up to you, the choice to get your leads only from the salon, be on commission and wait for business - well, not really a success story there. Go for it, be the best no matter what method your are paid! The decision to rent or work for commission can rest in your personal drive for succes. If you are a go getter and bring in a huge clientele and constantly communicate with clients and network for additional clients, make the most of the rental dollars you pay per month by increasing your revenue per hour and revenue per month base on your work ethic, than rental will maximize your profit! The person who says renting is the next best thing to owning a salon - yes - but owning a salon means overhead, utilities and responsibility for other people besides yourself. Renting can and will be the wave of the future as more beauty professionals realize the value is in their abilities, not the salon - I know I am not making salon owners happy here but there is a happy medium if salon owners and renters work together to make the salon great and profitable for all - its up to you, the choice to get your leads only from the salon, be on commission and wait for business - well, not really a success story there.
Go for it, be the best no matter what method your are paid!

]]>