A business structure that is common in the professional salon industry, booth rental is essentially a landlord-tenant arrangement between salon professional and salon owner; a booth renter will typically pay a flat monthly or weekly rent to a salon owner for the ability to work in a fixed salon; a booth renter ordinarily has a contract that outlines what expenses she is responsible for and what the salon owner pays for.
May 23, 2012
I’m shopping around for a booth rental situation. What questions should I ask a prospective salon owner? What factors should I consider?
November 17, 2010
Being your own boss is a rewarding choice, but it takes commitment and perseverance. Seasoned techs offer tips to help you succeed.
March 1, 2010
The IRS wants its fair share of your taxes and it’s trying to make it easier for salon professionals to follow the rules. IRS analyst Don Segal answers common questions.
August 1, 2009
There is pretty much no such thing as an independent contractor in the beauty industry.
April 1, 2008
Spin the Wheel: Playing the Classification Game — In the salon industry, workers most often operate in one of three ways: as employees, booth renters, or independent contractors. But for years many salons have incorrectly labeled their independent contractors and may have put themselves at risk of having the IRS reclassify their workers. Find out if you're doing things correctly or if you're just spinning the wheel and seeing where it lands.