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Tips For Success When You Have A Salon Studio Rental

Tips For Success When You Have A Salon Studio Rental

Are you interested in being your own boss, creating your own schedule, choosing the pricing for your services, and selecting the products you want to sell? These are just a few of the many benefits of being an independent beauty professional. While renting a salon booth or working for a salon company can be a great start and a way to rack up some experience, there’s nothing quite like being your own boss and expressing your own creativity, all while making a living.

Tips For Success When Renting Salon Space

Hairstylists, make-up artists, nail technicians, and other beauty professionals that want to strike out on their own will need a space to work within, and salon suite rentals are the perfect solution. When launching an independent career, while it’s certainly an exciting adventure to embark on, you should make sure to plan ahead before taking the leap. In this post, we’ll share some helpful tips for success for beauty professionals interested in renting a salon space.

Have the right mindset

It doesn’t matter what career path you are following, success begins with having the right mindset and attitude about everything. Without the drive to succeed, beauty professionals will not find much success in an independent career. Running a business comes with a lot of challenges, and in order to more resilient against said challenges, it is important to establish a strong mindset!

Develop an established list of clients

Before you make the move and fly solo, you should have a well-established list of clients. Running your own business is a lot of work and you should have no less than 50 clients, and that is on the low-end. If you are serious about doing your professional full-time, it should be your goal to have over 200 clients before you rent your own space. While this may seem high, each and every client will not always need your services, so the more you have the more you’ll stay booked! If it’s your dream to own your own salon business, keep building that list of clients. Use your social media following and establish a strong Instagram presence, too.

Think about your pricing

When you rent a salon studio, you’re going to have expenses — which we will get to below — that you will need to cover. With higher expenses, it may be tempting to charge clients, even the loyal ones, more money in your new space, but this could potentially turn clients away and wreck what you are trying to build up. In time, you can consider upping your fees, but doing so right off the bat can have some consequences. There are other ways to make money to cover expenses, though. Consider retail products for example, you get to choose which products you sell and at what price point all while keeping the profits!

Figure out your expenses

Your monthly rent and inventory are the two largest expenses you will have to deal with, but there are others that should not be overlooked, such as the cost of insurance, furniture, equipment, and salon décor, to name a few. Calculate your expenses early on and make sure you can handle all of the costs even if business gets off to a slow start.

Consider what products you’ll sell

As mentioned, when you become your own boss, you’ll get to choose your favorite products and find a product line that represents you and your salon studio. Rather than shopping through a beauty supply store, consider working directly with a trusted product line. This way, you’ll always be informed about new products, specials, and educational opportunities. Again, you’ll want to choose products that you’d use and would recommend to your clients as you will be retaining the profits from each product sold. 

Understand your competitive advantage

In addition to successfully promoting your business through social media, you should take some time to think about what sets you apart from the competing beauty professionals in your area. Do you have a specialty service that most professionals don’t offer? If so, it may be the key to standing out from the others. Typically, keeping up with modern techniques, technology, and trends will translate into success.

Carefully Select Your Location 

Location, location, location. It’s everything, folks, especially when you are running a business. If your salon suite rental is in the heart of a downtown area, expect higher rental rates to reflect that. In addition to where your salon suite rental will be, it is important to think about how far it is from where you have currently been working. No matter how much your clients adore you and your work, choosing a location that is too far away will likely cause a few of them to drop off of your roster. For the best success, choose a location that is somewhat close to where your clients would travel for your services and also in a nice area with other nearby stores and businesses. 

By following the tips above, you can better prepare yourself for success when you rent a salon space. 

Need a Salon Space For Your Business?

If you are located in Arizona and have been searching Google for ‘salon suites near me’, don’t waste any more time — you can find spacious and affordable salon suites for rent at Signature Salon Studios. We have a variety of salon suites conveniently located in Gilbert, Scottsdale, Chandler, Mesa, and Ahwatukee. To learn more about our salon suite rentals, contact us!

Have the right mindset

It doesn’t matter what career path you are following, success begins with having the right mindset and attitude about everything. Without the drive to succeed, beauty professionals will not find much success in an independent career. Running a business comes with a lot of challenges, and in order to more resilient against said challenges, it is important to establish a strong mindset!

Develop an established list of clients

Before you make the move and fly solo, you should have a well-established list of clients. Running your own business is a lot of work and you should have no less than 50 clients, and that is on the low-end. If you are serious about doing your professional full-time, it should be your goal to have over 200 clients before you rent your own space. While this may seem high, each and every client will not always need your services, so the more you have the more you’ll stay booked! If it’s your dream to own your own salon business, keep building that list of clients. Use your social media following and establish a strong Instagram presence, too.

Think about your pricing

When you rent a salon studio, you’re going to have expenses—which we will get to below—that you will need to cover. With higher expenses, it may be tempting to charge clients, even the loyal ones, more money in your new space, but this could potentially turn clients away and wreck what you are trying to build up. In time, you can consider upping your fees, but doing so right off the bat can have some consequences. There are other ways to make money to cover expenses, though. Consider retail products for example, you get to choose which products you sell and at what price point all while keeping the profits!

Figure out your expenses

Your monthly rent and inventory are the two largest expenses you will have to deal with, but there are others that should not be overlooked, such as the cost of insurance, furniture, equipment, and salon décor, to name a few. Calculate your expenses early on and make sure you can handle all of the costs even if business gets off to a slow start.

Consider what products you’ll sell

As mentioned, when you become your own boss, you’ll get to choose your favorite products and find a product line that represents you and your salon studio. Rather than shopping through a beauty supply store, consider working directly with a trusted product like. This way, you’ll always be informed about new products, specials, and educational opportunities. Again, you’ll want to choose products that you’d use and would recommend to your clients as you will be retaining the profits from each product sold. 

Understand your competitive advantage

In addition to successfully promoting your business through social media, you should take some time to think about what sets you apart from the competing beauty professionals in your area. Do you have a specialty service that most professionals don’t offer? If so, it may be the key to standing out from the others. Typically, keeping up with modern techniques, technology, and trends will translate into success.

Carefully Select Your Location 

Location, location, location. It’s everything, folks, especially when you are running a business. If your salon suite rental is in the heart of a downtown area, expect higher rental rates to reflect that. In addition to where your salon suite rental will be, it is important to think about how far it is from where you have currently been working. No matter how much your clients adore you and your work, choosing a location that is too far away will likely cause a few of them to drop off of your roster. For the best success, choose a location that is somewhat close to where your clients would travel for your services and also in a nice area with other nearby stores and businesses. 

By following the tips above, you can better prepare yourself for success when you rent a salon space. 

Need a Salon Space For Your Business?

If you are located in Arizona and have been searching Google for ‘salon suites near me’, don’t waste any more time — you can find spacious and affordable salon suites for rent at Signature Salon Studios. We have a variety of salon suites conveniently located in Gilbert, Scottsdale, Chandler, Mesa, and Ahwatukee. To learn more about our salon suite rentals, contact us!

A Step-by-Step Process to Start Your Own Salon Business

A Step-by-Step Process to Start Your Own Salon Business

4 Essential Steps to Start Your Own Salon Business

Having your own salon business may seem a beneficial prospect but that’s just what it stays: a prospect until you have a definite plan to make it work! Any project is incomplete without there being a proper plan for it. You need to have a firm ground to be steadfast. Let’s have a look at some of the essential steps to start your own salon business.

Step 1: Formulate Your Strategy

Before you worry about the logistics, equipment, personnel or even the skill-set, you need to have a proper strategy for your business! The vision for growth is always a plus in this case. You must make an estimation for the expected profits as well the provisional losses of your business. Expecting your business to be hundred percent profit-making is an impractical idea. You need to be aware that despite your best efforts sometimes, there may be losses. Figure out a plan to avoid the expected losses. For instance, your salon may do really good business during the wedding season. However, at other times, when no weddings seem to be happening in your area then there may be cut-backs.

Step 2: Keep Track of Your Money

Before you make money from it, you have to invest money into your business. There is just no way you can start out without a capital. Make sure there is proper check and balance. If you can’t do it yourself, hire an accountant. Maintain your bank statement. All this will give you a clear picture of your earnings from the business.

Step 3: Focus on Training and Professionalism

The staff you hire is in most cases only as good as you are. As an expert beautician, you will have the capacity to handle just about anything. However, your staff may not feel the same way. Equip your staff with training and practice so they can perform at your level. It will help in customer satisfaction which should be a top priority of yours.

Step 4: Stay Up to Standards

A great personal care salon is only popular if it has something outstanding to offer. Your salon has to be up to standards in terms of your equipment, furniture, air conditioning and other similar facilities to accommodate some of the elite clients. In fact, if you treat all your clients as elites then they will start paying up in the same way as well. Make sure your salon doesn’t lack any comfort and its interior design is aesthetically pleasing enough to make your clients’ experience worth-while. To achieve this level of comfort, it is better to have a salon studio rented then setting it up from scratch. It will save your time and money both. Beauty salons are of great value both in terms of their money-making potential and its terms of their stability. Who doesn’t need a little grooming every now and then? Everyone does! You will never run short of clientele once you have firmly planted your feet in this industry. Signature Salon Studios can prove to be an excellent partner for you! Rent our studios for your start-up salon in any of the best 5 Valley locations, Scottsdale/Paradise Valley, Ahwatukee/Tempe, Gilbert, Chandler, and Mesa. The amazing interior of our studios is bound to leave a great impression on your clients. Get in touch with us today!
How to Open Your Own Salon Business

How to Open Your Own Salon Business

Top 4 Tips for Opening Your Salon Business

Owning a salon business may seem easy but in fact, it is not quite so. Let’s face it. Anyone can offer personal care services from home and make a little bit of money out of it. However, establishing a full-fledged salon is no piece of cake. If you really want to have a business that does more than just pay your bills then you have to work towards it intelligently and carefully. Let’s have a look at the top tips that can help you set up your own salon business.

1.     Bring in the Right People

When you start your own salon, make sure that every staff you hire is well-trained and has a pleasant personality. Matters of personal care are very sensitive and many clients don’t appreciate carelessness by the staff when it comes to the care of their face, hair and body. Try to bring at least 50% staff who have experience.

2.     Focus on Customer Service

Make customer service a priority so that none of your clients go home disappointed by your service. Keep the environment of the salon light and happy. Play a list of songs with light, soothing music that gives comfort to your clients rather than annoying them or making them agitated. Try to get their work done in the shortest possible time so they don’t feel like they had to spend a full day at the salon for one job.

3.     Pick a Brilliant Location

One of the key elements in having a successful start up is to step foot in a great location. If you live in any of the 5 Valley locations like Scottsdale/Paradise Valley, Ahwatukee/Tempe, Gilbert, Chandler or Mesa then you are in luck. Starting out your business in beauty in any of these locations can bring your pure gold. The residences in these areas will much appreciate your salon and you will have the perfect start for your salon.

4.     Rent the Perfect Studio

Many people feel that they should own the commercial building they are working in. However, that is not always a great idea. You won’t just have to purchase the business place, you also have to arrange it and design the interior in a pleasant way to appeal to your clients. The designing and purchasing equipment separately makes the set-up very expensive and rather inconvenient if you are the sole owner of the business. A rented studio will save a lot of your time and cost. In addition, its well-designed interior and presence of equipment will benefit you more. Beauty salons are not only recognized by the services they provide but they are also renowned by their uniqueness. Each one has its own specialty. In the same manner, each one has its own design and level of comfort. Signature Salon Studios make sure that your salon has that unique element to get customers rushing into it. The ambience we provide and premium care facilities make our salon studios just too attractive to ignore. Contact us for starting out in the beauty business with a bang!