If you are planning on starting your own salon or a beauty center, you might be considering renting a salon suite. However, are salon suites a good investment for your salon business? This article will cover the pros and cons of salon suites to determine if they’re suitable for your business.
Pros of owning a Salon Suite
Be Your Own Boss
Being your own boss is the biggest perks of having your own business. You have 100 percent control over how things get done. Besides, you don’t have to answer to anyone else and can do whatever it takes to ensure your business runs smoothly.
Make More Money
You can make more money as an independent stylist in a salon suite than if you were working at a salon. This is because most salons pay their employees based on commission. Meaning all of your hard work goes straight into the owner’s pocket instead of yours! Therefore, as an independent stylist, you don’t have to share profits with anyone else.
Escape the Drama
When working in a salon or spa, things can get pretty dramatic between employees, clients, and owners. There are always disagreements over money and who deserves raises or promotions. If you decide to open your own salon suite, there will be no one to tell you what to do and how to do it.
Set Your Own Prices
If you’re tired of being told how much to charge for different services, this is another big benefit of owning your own salon suite. As long as your prices are fair and reasonable, you can decide how much money you want to make each month.
Work Your Own Hours
For many people, the number one benefit of having a salon suite is setting your hours. If you prefer taking a day off, you don’t have to answer anyone. Moreover, if you want to close early for a holiday, you can do so without worrying about anything.
More Privacy
Salon suites also provide privacy for your clients. This is especially useful when working on sensitive areas such as waxing or facials. Your clients will no longer feel uncomfortable being on display in front of other people. They’ll be happier when getting these treatments done.
Cons of a Salon Suite
Do Marketing Yourself
Marketing yourself is one of the most important aspects of running a successful salon suite business. Marketing is not just advertising, though advertising is certainly part of it. You must invest time and money into marketing if you want people to know about your business and come through your door.
Too Much Work
Running your own salon suite business means you have the responsibility than if you worked for someone else. You have to schedule appointments, manage staff and keep inventory in stock. Not to mention ensuring everything runs smoothly every day of the week! This can be exhausting, especially if you’re not used to wearing many hats at once.
Takeaway
Renting a salon suite allows you to develop your business with fewer limitations and restrictions than renting a chair at an existing salon.