Is a salon studio rental what you want? Is a salon studio rental what you need? We will answer those two very important questions in this article. We are Hill Country Salon Suites, serving the Greater Georgetown area with twenty-six affordable salon suite rental opportunities. Call us at 512-380-2500 for more information about current pricing and availability.
Now, though, let’s look at you and your situation.
What is a salon studio rental?
A salon studio rental is a mini salon . . . a mini beauty salon, a mini hair salon, a mini nail salon, etc. The business which operates within the salon studio rental is owned by an independent beauty or wellness professional, like you, but the studio itself is owned by the owner of the building in which you operate your business.
It is not a franchise. There is no franchise fee. You simply pay your monthly rent, call your salon whatever name you fancy, make all the decisions, and take home all the profits.
It is a wildly popular business model, available in every state and in most large cities in those states.
Is this what you really want?
If you have always wanted to own a salon . . . if you have grown tired of working for commissions while someone else takes home the bulk of the profits . . . and if you have grown weary of treading water in the shallow pond, then a salon suite rental may, indeed, be the answer to your dreams. It is, without a doubt, a successful business model. All that remains to be seen is this: do you have what it takes to successfully own a salon or spa?
Is this what you really need?
At the risk of sounding like we are trying to discourage you, the hard cold truth is this: Failures in this business model are on the rise across the country, and those failures can be attributable to several factors. Many people are not suited for ownership. They feel the pressure too greatly. They cannot handle the stress of not having a safety net should they do poorly. They are better suited to take instructions from a supervisor rather than making all the decisions themselves. Or they simply do not have the knowledge it requires to own a business in today’s economic climate.
And, finally, it is very, very easy to own a salon using this business model . . . and perhaps it is too easy for some. The old adage “simply because you can does not mean you should” applies in this situation.
The point: you need to look in the mirror and decide whether you are better off being an independent contractor or being a business owner. No one else has the insight necessary to make that decision.
If the answer is yes, you have the right stuff, then renting a salon suite from a company like Hill Country Salon Suites, is definitely the best move of your career.
A final word about Hill Country Salon Suites.
Hill Country Salon Suites is locally owned and operated. Call us and ask us about our long list of amenities, included in the rental fee, and also ask us about our 26-step business plan and free workshops. Check out our directory and speak to some current clients. Fully informed is fully prepared to become a salon owne.
