Today we are going to give you the cold, hard truth about salon suites for rent, we being Salon & Spa Galleria, with twelve salon suite rental locations in the Greater Fort Worth area. Call us at 972-691-7300 for all the information you need and to arrange for a tour.
Now, though, let’s talk about things you normally would not hear from a salon suite rental agency.
Not everyone is cut out for a booth rental
This may be the hardest pill for you all to swallow about a booth rental: not everyone has what it takes to be in business for themselves. Oh, we all want to believe that isn’t so, but it is. Our experience, dealing with literally hundreds of beauty professionals, includes the occasional failure, and by and large those failures are due to a lack of preparation and an unwillingness to do the dirty work.
It’s one thing to have your hours set by a beauty salon owner you work for; it’s quite another thing to set your own operation hours.
It’s one thing to have all of the business decisions handled by a beauty salon owner you work for; it’s quite another thing to be the decision-maker.
There is pressure on anyone who runs their own business. Some people can handle that pressure; some cannot. Some are good at marketing. Some have no problem with taxes and bookkeeping. And some thrive in a highly-competitive industry.
And some flounder!
Do you really want to take on the added pressure and the longer hours? Is it worth it to you?
The rewards are many for those who succeed, but they definitely “pay their dues” to have that success. Are you willing to put in the hours and the sweat equity necessary to be successful?
It may sound inexpensive, but you need to beware of incidental costs
You will be told, by many, that the only real expenses you will have is the monthly rental fee, the cost of any products you might sell in your salon booth rental, and the initial cost of your business license. In truth, there is a bit more on the expense side of the ledger than that. You will need insurance. You will need to pay for any marketing you do. In some cases, you will need to pay for utilities (not at Salon & Spa Galleria), and you might need to pay for an accountant if you know nothing about taxes. You will need equipment periodically, tools of the trade, and a wardrobe which befits your professional status.
And then, at the end of the year, you will have business taxes to pay.
These things add up, and you need to be aware of them before you sign a lease for a chair rental for a salon suite.
Shop around and negotiate for salon suites for rent
This is a competitive field. In any city of decent size, like Fort Worth, there are a number of salon suite rental opportunities available. Test the waters with all of them. Find out what amenities are included in the rental fee. For instance, at Salon & Spa Galleria, all utilities plus WiFi are included in the rental fee, plus marketing workshops, laundry, and a big screen television. That is not true of all rental agencies.
Start small and work your way up the ladder of success
We believe the most successful beauty professionals are the ones who take it step by step. They start small, with a small salon suite, and then go larger as success arrives. Keep your expenses down until you have the income to warrant taking on more expenses.
A word about Salon & Spa Galleria and our salon suites for rent
We have more to tell you at Salon & Spa Galleria. Pick up the phone and call us. We will help you to decide if a salon suite rental is for you. We are locally owned and operated, just a bunch of Texans helping other Texans to achieve their dreams in lovely Fort Worth.