If you are considering a salon booth lease, you are not alone. Millions of talented professionals, just like you, are looking into renting a salon suite rental and going it alone as a business owner. There are lingering doubts, for sure. There will always be the nagging doubts about whether you are cut out for to go it alone, and once you do it, will you know how to achieve success.
We are Salon & Spa Galleria, with twelve locations in the Greater Fort Worth area. We may not have all the answers regarding a salon suite rental, but we have most of them, and we will share some of them in this article. Call us at 972-691-7300 if you are in the Fort Worth area and you would like to tour our facilities.
Now, though, let’s talk about certain tips which will maximize your salon booth lease experience and put you on the road to success.
Talk to others who have done it successfully
At Salon & Spa Galleria, we encourage potential clients to talk to our existing clients for their opinions and suggestions. We have hundreds of very successful clients in the Fort Worth area, and most of them would be quite willing to talk to a “newbie” and give an unbiased opinion of the salon booth rental model.
Take a realistic look at your expenses and financials
Can you afford to go into business for yourself? It doesn’t cost too much to take on a booth rental, but still, it will cost you in the neighborhood of $500-$1000 to open your door for business. And then you need to know how much you will have to make to cover your personal living expenses, and whatever miscellaneous costs you will face during the years i.e. insurance, marketing, legal fees, etc.
Educate yourself about running a business
Do you even know how to run a business? Do you know all the ways of marketing your business? There is help out there. There are outstanding apps for your phone. There are training tools online. And there are excellent courses to take at the community college. At Salon & Spa Galleria, we offer training workshops in business and marketing, because we know how important that training is for success.
Don’t skip the legalities
Understand what you are committing to. Consult a lawyer. Yes, it is an upfront cost, but it will save you money in the long-run.
Define your brand
Do you know what your brand is? Most people want to name their salon suite after themselves i.e. Louise’s Hair Styling, but is that the best thing to do? What are you offering? What unique service will you give to customers. Give this some thought. Oftentimes, the easiest route is not always the best route.
Look in the mirror
This, in our opinion, is the most important. Before you sign a salon suite lease, look in the mirror and ask yourself if you are made of the right stuff to run a business successfully. Are you a self-starter? Are you a hard-worker? Are you willing to do just about anything to succeed?
Follow these tips and you are well on your way to success in your salon booth lease experience.
A word about Salon & Spa Galleria
Salon & Spa Galleria is locally owned and operated, with twelve outstanding locations in Tarrant County, Texas. We lead the way in salon booth rentals, salon suite rentals, and salon chair rentals. Call us today and take the first step towards financial independence.