If you have been thinking you might want to rent a salon suite, but you are still “sitting on the fence,” having a hard time with the decision, here are our Top Three Reasons why we believe renting a salon studio is a great move. We are Salon & Spa Galleria, leading the way in Fort Worth, Texas, with twenty-three affordable salon suite rental locations. Call us at 817-917-1416 for more information and to arrange for a tour of one of our luxury salon suites.
We promised you three great reasons, and here they are.
When you rent a salon suite, you control your financial future.
Most of you reading this have worked in a beauty salon owned by someone else, so you know how it works. You work for commissions, and that commission is generally in the 40% range. In addition, you may also pay for any products you use, plus pay for laundry facilities, and perhaps you even pay a small amount for the workstation you use. It is a stable working environment, guaranteed employment for sure, but it is also severely limited with regards to advancement. There is, realistically, only so much you can make in a day at 40% commissions.
When you rent a salon suite, you own your one-person business. You keep 100% of the profits. Your advancement will depend upon your skills and your marketing efforts, but it is not an exaggeration to say your earnings ceiling is much, much higher. You control the game, and that is a liberating and satisfying situation.
Tax benefits when you rent a salon suite/own a salon.
You own the beauty salon/hair salon/nail salon. As a business owner, you are allowed a bevy of tax deductions by the IRS, and those tax deductions will become your new best friend come tax time in April.
Our suggestion: Get in touch with a qualified tax accountant for a full list of deductions you can claim. Yes, the tax accountant will charge you a fee, but you will more than make up for that expense with the savings at tax time.
#3 Flexibility and freedom as a business owner.
This is a mental benefit few people think about when they consider business ownership, but it is proven to exist. There is a wonderful euphoria which occurs when owning a business. You are in charge. For the first time in your professional life, you call the shots, from the hours you are open to the price you charge clients to the physical appearance of your salon. There is a great sense of pride in this, and that pride fuels a positive atmosphere your clients will immediately recognize and appreciate.
You have paid your dues working for peanuts from someone else; it’s time for you to be the boss, the one who is calling the shots, and to reap the benefits of ownership.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria is locally owned and operated, and we are leading the way in Fort Worth with our luxury salon suites. Call us today and take the first step towards the future you have always dreamed about.