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Who makes more Money Commission or Booth rental Stylists?
PROFIT AND BEAUTY: A Show For Salon Professionals
English - June 12, 2018 01:24 - 25 minutes - 23.1 MB - ★★★★ - 10 ratingsBusiness Arts Fashion & Beauty beauty salon legal structure hair stylists hair salon how to run a beauty salon hair salon professionals hair salon bookkeeping hair salon accounting salon taxes hair salon income taxes Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Next Episode: How To Maintain a Thriving Salon
On today’s show, I am going to answer a question I received from a hairstylist out of Atlanta Georgia. The question is related to the age-old question booth rent vs commission. Here is what she wants to know: I currently work as a booth renter, but I am thinking about going to work at a commission salon. My concern is that I don’t know if I feel comfortable giving up half of my money to the shop owner. I was wondering if it makes financial sense to make the move?
I will go over a side-by-side net income comparison between a booth renter and a commission stylist and see what the numbers tell us. I will also discuss the pros and cons of both choices.