Comment

Comment by Jewel Brown on January 20, 2013 at 10:40am

I'm a salon owner of 5 years. I have been seeking booth renters for the 5years that I have been opened. I had no luck because they don't have a following, so I am willing to put them on a commission base until they grow their clientele. Well everyone I worked with didn't stay because they did not have the motivation so it wouldn't last. I tried hiring students and had to deal with not showing up and not calling. I'm so disappointed now that I don't ever want to interview another stylist again. I'm now looking for an esthetician and so far no one. I'm working and running the salon alone and I'm really considering going back to booth renting in someone else salon. :(

Comment by Cathryn McLeod on January 5, 2013 at 9:05pm

Hello, 

 I am new to this group as well as bhc website.  I was wondering if there was a good software for booth renters? I would like one that includes client appointments and inventory management but wondering if there is an option that isn't outrageous.Just a nice and simple software.

I own a small booth rental business. Thanks in advance. 

Comment by Harriet clark on December 25, 2012 at 12:48pm

Hi, Ophelia

Another important point is ckecking out the person you are renting from. Some people do not know what it means to rent space, and want you to act like you are working for them. You do not want that. Some owners like to be the ones to sell product, so check that out before hand. So I don't know how to tell you check the person out that you are thinking of renting from, talk to other renters. Also know your rights as far as renters in your state. I have rented for 30 years at the same salon. The last few years I have trying to work more,closer to home. That's when the crazy owners came along. So now I've opened my own salon. Fined your fit, it may take a few errors. Good luck.

Comment by Melissa Stanford on December 21, 2012 at 2:56am

@MsBlackPearl1 - working your way is good when you are new. You will learn the stuff they don't teach you in beauty school, plus learn tricks to improve your technique and your service time. Ultimately, this is a career which requires hard work, dedication and sacrifice, and is slow to pay off. Keep doing what you're doing for a couple years, and when you get the hang of it, branch out. 

Comment by MsBlackPearl1 on December 20, 2012 at 7:09am

I am not a booth renter but am making minimum wage hourly with tips due to being new. I don't have the clientele as of yet so I thought this way was easier. Any suggestions?

Comment by Bonnie Saul on November 24, 2012 at 7:28am

What I did from the beginning is, set aside what you use in product each week, separate that money for future supplies. Next contact your accountant and he will give you an estimated tax amount to send in quarterly. If your selling retail also he will have forms for that to send in quarterly. Its a no brainer. Keep every reciept, i use my cell for apptz, that comes of taxes, keep all Dr and rx receipts, mark down specials you've done as a loss in that income from reg prices, donations, gc sold used and not used by end of year. Office supplies as a book, pencils, pens erasers. Ect. Good Luck, you now own your own business, treat it as such.

Comment by Melissa Stanford on October 29, 2012 at 3:01am

At first it's slow unless you started renting with a full clientele in hand. I spent as little as I could because I needed every dollar to scrape by. After a few months I could take more of a draw and now I 45% for pay, 40% aside for taxes, 10% for expenses, and 5% for a miscellaneous buff, like if I am slightly short on a bill or just want to leave it in the bank.  Paying myself a little less then half and budgeting out my money has assured me to never fall short on taxes, so every quarter I get a little bit of a buffer that I leave in the bank or sometimes use to restock a lot of supplies in one go. 

Comment by Laurie Brooks on October 29, 2012 at 12:05am

I am knew to this profession and to booth renting! My first salon job. And I do believe you should pay taxes quarterly! Its easier to keep up with , though yearly is available. Its a lot to take in, this booth rent thing! Good luck. And when I get some good info I'll be sure to let you know!LB

Comment by clarissa on May 15, 2012 at 10:50am

Get a accoutant first one that specialize in business, i found one thought a client that was in my chair so you want ask around