Have you ever looked into the differences between booth rental and commission based salons? Because we sure have. In today’s podcast, Jason Everett and Doug Campbell, compare apples to apples of renting a booth in a salon or working at a commission based salon. They discuss the difference of finances, community, culture, and much more.
Takeaways:
01:40 - Are you comparing apples to apples when looking at booth rental vs commission?
06:09 - How salon owners have disserviced their stylists with lack of info
07:22 - Is booth renting owning a business or owning a job
08:09 - What is an entrepreneurial seizure
14:15 - Jason and Doug give a spreadsheet that shows the financial difference of booth renting vs. commission
16:00 - The ACTUAL apples to apples financial comparison of rental vs. commission salon
25:05 - The value of a commission salons benefits
Quotes:
“We have the answer for you and it's called… INFORMATION” (Jason Everett)(0:50)
“The only way I see you doing better on the rental thing, is by accident or on purpose, not doing your taxes correctly” (Doug Campbell)(04:23)
“If you're a booth renter, you're not a business owner” (Doug)(12:09)
“People on islands do not create good things, people in communities create good things”(Doug Campbell)(8:45)
Links Mentioned:
Website: https://highperformancesalon.com
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