#345 - Can you afford to booth rent or suite rent

The question of whether someone can afford to rent a booth or rent a suite right now is one that I hear often, but this episode is not just for commission-based stylists or employee stylists who are considering leaving their current salon. It’s also for people who are renting booths currently, because let me tell you, there is a lot to consider with this type of business model!  In this episode I’m breaking it all down, including the costs you need to consider with booth rent or suite rent, the way to be looking at taxes and write-offs, and what to keep in mind to ensure that your client is always receiving the best service possible, and not paying the price for you making a move that may not have been the right one to make at the time.  In Thrivers Society we have tools and resources to help you make these important calculations, but even if you’re not a member, today I share a lot of the allocations and guidelines to consider that will help you if you’ve been thinking about renting a booth. I hope what I share helps educate and inform you as you potentially head into a season of change and growth!  Do you have a question for me that you’d like answered in a future episode? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast!  If you’re not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You’re not going to want to miss out on this. Learn more at: https://thrivingstylist.com/podcast