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
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 your own 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
August 1, 2009
There is pretty much no such thing as an independent contractor in the beauty industry.
Keywords: booth rental business commissions independent contractors Ken Cassidy
April 1, 2008
Offering pedicure services to foot care patients in the doctor's office provides ideal setting for the foot shy.
Keywords: booth rental foot care FootsieBath medical pedicures
April 1, 2008
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.
Keywords: booth rental employee issues independent contractors staff management
January 1, 2008
Maisie Dunbar goes on the road to check out Giovanni's full-service salon in the neighboring town of Largo, Maryland.
Keywords: booth rental full-service salons On the Road salon profiles
March 1, 2005
If they were audited, a large percentage of the salon owners in the beauty industry today could not pass the tests determining their workers’ tax status imposed by the IRS or by their individual state, says our expert. As tax time approaches, know the facts. The financial fall-out from misclassifying your staff can be devastating.
Keywords: booth rental employee issues independent contractors IRS taxes
April 1, 2004
The question of who “owns” the client — the nail tech or the salon owner — is a tricky and emotional one, and in some cases, a legal question. Issues such as access to client records, who pays for advertising, and non-compete clauses only complicate matters further.
Keywords: booth rental customer service independent contractors
February 1, 2004
Booth renters gained a foothold more than two decades ago as salon owners sought to lower their overheads in the face of stiff competition. But today salon owners are finding that booth rental doesn’t allow adequate profitability and more are considering employee setups in their establishments. Is the pendulum swinging from self-employment to salon employment?
Keywords: booth rental