March 21, 2016
Growing your business typically means an increase: in space, in product, or in staff. But some techs have learned a narrow focus sometimes brings the greatest success. We asked five nail techs to tell about their “small solutions” in their own words.
Keywords: booth rental stress
March 17, 2015
Laws concerning tips, taxes, and technicians can get confusing. Take this quick test to see if you’re operating on the right side of the law.
Keywords: booth rental booth rental vs employee debate independent contractors legalities quiz
November 17, 2014
We typically break down our working status into three categories: employee, booth renter, and independent contractor. It’s a wise business owner who understands how the IRS determines exactly which is which in their eyes.
Keywords: booth rental booth rental vs employee debate employee issues IRS
May 29, 2014
Milady’s Booth Renting 101: A Guide for the Independent Stylist is a must-have guide for booth renters looking to start and successfully run a booth rental business.
Keywords: books booth rental salon finances
April 4, 2014
| Blog Post
After nearly 22 years of working in the salon industry, I have had plenty of opportunity to draw my own conclusions about the prevalence of booth rent.
Keywords: booth rental employee issues
March 12, 2014
Don’t be left shaking your head and emptying your bank account. Learn from these techs as they share their stories of red flags they saw — and ignored.
Keywords: booth rental leasing
December 22, 2013
It is a true, life-changing story that can easily happen to anyone who is not classifying salon personnel correctly in the eyes of the government. You probably think you know the rules about employment classifications, but you’re probably wrong.
Keywords: booth rental employee issues independent contractors IRS Ken Cassidy
November 20, 2012
System established under state law that provides payments, without regard to fault, to employees injured in the course and scope of their employment.
Keywords: booth rental Business employee issues staff management
November 19, 2012
A self-employed worker, who is not subject to the same rules and regulations as an employee, and who has different rights or privileges than an employee; an independent contractor generally makes her own hours, pays her own taxes, and handles client payment directly (among other factors); the IRS determines whether a worker is an employee or independent contractor.
Keywords: booth rental Business employee issues staff management taxes
November 19, 2012
An employee is a worker who is on payroll, for whom payroll taxes and insurances are paid (among other expenses), and who is subject to certain legal obligations and privileges (in contrast to a booth renter, who is technically a “tenant” of the salon owner).
Keywords: booth rental employee issues staff management
November 19, 2012
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.
Keywords: booth rental taxes
August 14, 2012
Booth renters work together in harmony in this successful salon in the uniquely green city of Portland, Ore.
Keywords: booth rental continuing education On The Road salon profiles
May 19, 2011
For booth renters and salon owners, keeping track of income and expenses is not the most exciting task, but it’s a necessary one. Keeping your business records in order will not only keep Uncle Sam smiling, it will enable you to understand your financial footing.
Keywords: booth rental business tools income money taxes
March 15, 2011
For some nail techs, the dedication in their nail services is fueled by the dream of one day opening a salon of their own. But it can take more than just perseverance and savings to get started. Procuring financing in today’s economy can test the wits of even the most business- savvy techs.
Keywords: booth rental business building business tools finance opening a new salon
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.
Keywords: adding new services advertising/promotions booth rental Business business tools