benefits of renting a chair in a salon

Why are Style Suites better than a standard salon? This is your business. You determine the hours, you keep the profits. No sharing of equipment and no more commission sales. Your electric and water is included. The suites are fully furnished, so no need for expensive start-up costs. Lease rates are competitive to booth rentals at standard salons. Will I miss opportunities to continue my education? Here at Style Suites we not only want you to continue your education, we invest in it! Ex. attend any hair show/workshop of your choice and be reimbursed for attending, potential to have all CE 8 hours paid for by Style Suites. Also, in house workshops available, CE certified, all paid by Style Suites. Can I paint my suite? Our objective is to create an atmosphere for your business to flourish. Your suite will be a representation of your personality. You may decorate to suit your needs with in reason. We ask that any significant changes, painting included, first be approved by management.
What are the hours of operation? You will have access to your suite 24 hours per day. Each suite is individually locked, and the main entrance will utilize a secure entry system. How will my clients find me? Style Suites will sponsor a Grand Opening ad campaign in the local media to introduce the location and your new business. Can I share my suite with a friend / another professional? Suite sharing is available! Share a single or double suite with one of your colleagues today and both benefit from a great location with a lower cost per stylist. Please inqiure further with management for details. Will my clients follow me to my new Salon Studio? Beauty Professionals who have moved into their own Studio Salon report that better than 60% of their clients will follow their Stylist/Skin Professional to a new location so long as the additional traveling distance is not greater than 15 miles. What are the financial rewards and benefits of owning my Salon and renting a suite and will I be able to cover the weekly rental cost?
1. Beauty Professionals typically work on average of 4 days per week and see 8 clients in a single work day. If the average charge for services is $65.....then the math is as follows: Revenue per day: $65 X 8 = $520 4 Days per week: $520 x 4 = $2,080 per week. Average Salon Studios rent for $300/wk: $2,080 - $300 = $1,780 net income per week. If the Professional works at a commission of 50 %...net income would only be $1,040 per week.. This illustration does not include any profits from product sales nor expense for phone & supplies. 2. You are your own boss. You set your own hours. You create an atmosphere that fits your personality.Q: Do I need my own insurance for my cosmetology services if I rent space or a chair in someones salon? A: We recommend that, as an independent contractor/self-employed professional, you have your own insurance. Since most salon owners who booth rent do not provide insurance for independent contractors, you could be risking your income and professional reputation by not having insurance.
Q: When should I buy liability insurance? A: Since many locations request, if you are self-employed, that you carry your own coverage even before you start at their location, you should consider buying insurance when you are actively pursuing a location to provide cosmetology, currently at a location providing service, or even as a student when you are being trained and waiting for your license. Q: Where can I find the best rates for liability insurance in the field of cosmetology?buy zig zag chair A: The most AFFORDABLE rates are provided by national associations or groups because of the larger numbers of professionals in the association and the flexibility to cover all 50 states.chair leg tips ireland To save even more money, be part of an association that covers several services on one plan as well as offers part-time discounted rates.bamboo hanging chair price in india
Also, check with the association to see if they offer match pricing programs and can lock in your rate as long as you are a member so your rates do not increase. Q: What are the types of liability I should have? A: The most common types of liability for a cosmetologist is professional and general liability. Professional Liability, also known as malpractice, protects you and your business for loss or expense resulting from claims of professional errors, mistakes, or failure to perform professional duties committed or alleged to have been committed by the insured in his or her professional activities:cheap tiffany chairs for rent General Liability is a form of insurance designed to protect practitioners from liability exposures arising out of accidents resulting from the premises such as slip and fall.inexpensive wingback chair slipcovers
Q:  How much coverage (insurance) should I have? A: The most common plans include professional and general liability which includes $2-3 million annual aggregate and are occurrence and claim based programs. Q: What is occurrence type coverage? A: Insurance that pays claims arising out of incidents that occur during the policy term, even if they are filed years later or if the policy is no longer in effect. Q: What is “claims made" coverage?party table and chair rentals miami A: A policy providing liability coverage only if a written claim is made during the policy period or any applicable extended reporting period. Q: How quick can I get insurance coverage and proof? A: If purchased online, most association applications are approved instantly or in as little as 2-3 business days. Several associations do not offer same day processing by phone or mail, so check with the association representatives about how long it may take if you choose this method.