It is now so common to rent a chair that 70% of salons follow this model. Why is the booth rental salon so successful and how is it being viewed negatively by some in the industry? There are many advantages to owning a booth rental salon than traditional business models. These are just a few of the benefits.
1. Open concept chair rentals make you a landlord, not an employer. Therefore, you only have to collect your rent each month according to the booth rental agreement you have with your tenants. The buyer of your booth rental salon only needs to take care of the same task: collecting rent. They won't have to worry about the transfer of all your employees' entitlements or all that other stuff!
2. Your booth renters can manage their own game. You won't have to arrange meal breaks for your stylists. You won't feel guilty about it, or even resentful of stylists who couldn't have lunch because they were busy with clients. No matter what the stylist decides to do, they must pay the salon booth rent according to their contract at the end.
3. Your stylists don't have to worry about being paid overtime or paying them late-night meals allowances. The stylists have the freedom to work as much or as little as their clients require. You can also choose to only come when you have an appointment with your client. They would be able to reach their client 24/7 if they had a cell phone. It doesn't matter if the stylist does business, it doesn't matter.
4. You won't need to keep any records pertaining to your employees, such as wage records, timesheets, and payslips. This will help to eliminate clutter in your office and wherever else they are kept. It will do more than just eliminate clutter. Solo stylists can also manage their records, which will ease your burden.
5. With employees and apprentices, there can be many complicated procedures. You don't have to worry about unions threatening strike action or employees or apprentices taking your case to court over trivial issues.