Відео

Of Course! Thanks so much for watching. If you have any questions let me know. I am more than happy to help.

Thank you so much!

Thank you so much!

Hey! To be honest it really is your preference. I personally do a yearly percentage increase based off of my lease rental increase. Every lease agreement is different, so I would consider your lease terms and increase rates accordingly to maintain your profit margin.

Okay, thank you so much!

@@pattifletcher3447 Of Course! Let em know if you have any other questions!

Hey! I am in the process of rebranding and redesigning my website. Once everything is complete, you will be able to purchase templates.

Hey! So I would look at how you are planning on splitting everything a little differently. Here is a suggestion. She needs to incorporate her business if she has not done so already. You both need to create a shareholder's agreement for the company based off of the money/equity you both are contributing or looking for. What the salon makes and she makes goes into the salons business account. She can have a small monthly or bi monthly salary as an employee of the business. I would start you off on an hourly rate for "management" of the salon. If the income coming in from renters and your wife's chair income is enough to put you on payroll and pay for your taxes as well, then go for it. But I would ease into that and make sure you have enough funds to do so. You could set owners distribution's/draws once the business reaches over an X amount of income. However the draw can not be more than what the limit needs to be, to keep your account healthy to pay for all your monthly expenses. You could also take an owners distribution based on your profit shares at the end of the year from what is left as profit. The business account would be the account paying for all overhead bills. Not each of you individually. I hope this all makes sense. Let me know if you have any other questions. Best of luck on your new adventure!

@@SamanthaPiercy thank you this definitely helped !

@@JamieMac203 of course! You need to be on top of your book keeping every month to be able to determine the salon profit rate. I would suggest doing a spreadsheet that separately tracks the salons income, bills, management, repairs ect separate than your wife’s. It’s a good way to see what she spends to run her business vs what the salon does. It will give you better clarity to find out of the salon itself is really profitable to be able to withstand a salary pay or any improvements/uogrades needed down the road.

@@SamanthaPiercy absolutely.! We are still in the beginning stages & tomorrow are going to go over an intent to lease with an agent. Any suggestions or things we should ask for or look out for? . The space is 1280 sqft and needs updating which the owner knows and is ready to do

Make sure you understand all lease terms! There is a lot of unfamiliar lingo if you are new to commercial leasing. Make sure you are clear on what TI will be provided, sometimes there is none! Everything is negotiable on your lease, so don't be afraid to ask for changes or lower rates or terms. You could always apply for a SBA loan if you need the extra financing for a build out, and equipment.

Hey! I would NOT share a breakdown of your business expenses to your renters. I never had any renter come and ask me what is cost me doing business, and why I charge what I charge for their rent. A way to help with this, is to have clear communication within their rental agreements as to what is included within the space they are leasing and what you are providing as the lessor. Rent should be a weekly rate that is consistent and based off of the days they rent. I hope this helps. Let me know if you have any other questions.

Ahh you caught me.. its a Demi permanent color. When the camera is going and you cant stop recording, you just have to go with the flow. Mistakes and all...

of course! Let me know if you have any other questions

There are some months that have 5 weeks versus 4. If you charge the same monthly rate for each month, you leaving money on the table for the months that actually have 5 weeks. A lot of it is preference. I prefer to charge week by week. My stylist prepay to work the upcoming week. I offer one week off a year, so its easier for me to track when my stylist's pay per week. And if a stylist goes on maternity leave, it is easier more me to track each exact week they take off, and the discount rate associated with each of those weeks. Hope this helps!

I would ease back into working. Take all the time off that you need. To prepare coming back to work I would try to pre book your clients on your schedule. If you are recommending them to see someone at your salon, then book one apt with them and then their next back on your schedule. Already adjust your future schedule to be part time or one to 2 days a week coming back to work. And then each week, slowly add more hours and or days. You might just like the part time schedule and may just stick with that for awhile while you adjust to your new mommy life. If you were an employee of your own business, you can file against your "company" for maternity leave and family bonding leave. This way you could at least make some extra money while you are out. Let me know if you have any other questions. And congrats on your baby!

Hey! Yes, the station with the mirror is 76" tall and 32" wide. The cabinets measure 72" tall, the mirror is set to be larger and taller in front of the cabinets. My stations are also floating off of the floor. I hope this helps.

Hey! I have a rental contract pdf available for you through my website. www.AWealthyHairstylist.com You can fill in the blanks for what works best for you or rewrite the contract using what I give you as a guideline.

Thank you so much!

This is just showing you the minimum of what to charge based off of your expenses. You can always charge more from there. I wanted to explain what is the minimum to charge to cover your expenses. By understanding your expenses you can base what rate would work best for you based on what you want your profit to be. You can make more of an income having two stylist per station, being open more than 4-5 days a week to name a few.

I am so happy this has helped. It takes a lot of work to run a business and to be the artist as well. But having clear guides and direction will only help keep you organized and prepared for growth. Let me know if you have any other questions. Thank you so much for following along!

I am so happy to hear this video has helped you. I am coming out with a salon manger guide to purchase soon! If you have any other questions please let me know.

I personally just do hand-tied and or coveted wefts. I do not do k-tip or tape in's, However you can still apply these tip to building any extension clientele! If you have any other questions, let me know!

Glad you enjoyed it :)

I am so happy you found this useful! If you have any other questions or any other topic you would like me to discuss more on, please let me know.

How do I message you? I would love more information please!

@@HollyWolfe-om6ys you can visit www.AWealthyHairstylist.com

A root melt is essentially creating a transitional color from a clients roots into another color. For example I create most root melts to help achieve a softer regrowth for my clients who would normally have highlights. After washing out all my clients highlights(foils), I would apply a root melt using a semi permanent color ( i like redken shades or colornace) at my clients roots while they are in the shampoo bowl. The root application can be a tap (very little) or a longer drag (1-4 inches) depending on how much depth or how big you want your transition to be. The color is left on for 5-25 minutes depending on brand and opacity that you are looking for. I can link another video of how I do a root melt if you are interested? Let me know if you have any other questions.

Thank you! I actually just used the Redken Shades Processing Solution ( equal parts). Recently I have been playing with Goldwell's Colorance and using their 7 vol for a root shadow and I am really liking it!

Hey! What you said could be true if said salon had the finances to do such things. Most salons are boutique and small and do not have the income to pay for all of things you listed. I own a rental salon, so a lot of what you said wouldn't apply to me. I have no interest in having a full service salon. I have a specialized salon that only focuses on color, extensions and haircuts. If someone owns a very large commission salon, then yes more management would need to be in place since you would have employee's. However this would not apply to rental salons when such stylists would run their own business behind the chair. All I talk about are suggestions and what has worked for me and how I run my business. I never suggest that this is how YOU should do it. Thanks for the suggestions, this could be a great video to talk about for management for a Commission Salon.

The stations were purchased from LA Salon Designers. I believe they are custom made by them. Hope this helps!

The stations were purchased from LA Salon Designers. I believe they are custom made by them. Hope this helps!

Where did you get your backbar? Is it custom?

@@melissastanford9648 It was custom. I had it made from LA Salon Designers.

Thank you so much!

So glad you enjoyed this video! Let me know if you have any questions.

I actually designed all of my websites. I use Squarespace as the platform. From there you can pick a layout from their website that works best for you and your business needs. Its super user friendly to customize. I hope that helps!

@@SamanthaPiercy thank you

@@kapper7848 any time! Let me know if you have any other questions.

I have carried a number of different product lines over the years. To name a few: EVO Hair, Mr. Smith, Oway, NAK, Iles Formula, and ROZ. I have enjoyed all these lines but I am always looking for the next best thing for my stylists and clients. Currently I carry Mr. Smith, Oway and NAK. This year I am phasing in Iles Formula and ROZ. Check these out and let me know what you think!

So glad you enjoyed this video!

I am so happy to hear this! Thank you so much for letting me know. If you have any other questions.