Sadly, many hairdressers feel that salon owners are gre
edy. Online I read countless comments of hairdressers claiming owner make a profit at their expense. That owners keep half of what hairdressers earn, that they drive around in fancy cars while you struggle to pay rent. These types of comments are rampant within the beauty industry. Perhaps these are some of the reasons why the standard of living for hairdressers are so low. Turnover and business instability is destroying our standard of living. There is a widespread misunderstanding by many hairdressers why a business needs to make a profit.
There is a widespread misunderstanding by many hairdressers why a business needs to make a profit. If we are to raise our standard of living, we must address this topic. Honesty and a code of ethics is the cornerstone of personal and professional growth. If we continue to fight among ourselves, the costs of our services will continue to fall.
I can assure you most salon owners are not rich. They wear many hats; they are usually the first to work and last to leave. Their business does just not finish at the salon, it consumes their free time as well. Most salon owners work behind the chair 10-12 hours a day just to pay their overhead. Far too many salons are struggling or going out of business. As salons fail jobs are lost.
I want to help hairdressers understand what your salon needs to make a profit. Without profit there is no job stability, business growth, and adverting, and no opportunity for ongoing education or a benefits package.
The beauty profession offers many opportunities for hairdressers once they create value in their skills. When you create value within yourself, you will be able to crate a demand for your services. This is a profession where the sky’s the limit if your willing to work hard.
Yes, there are salon owners who are not leading their team as leaders. However, you can’t keep going from salon to salon trying to get a better deal. There is no perfect salon or perfect salon owner, nor are there no perfect hairdressers.
I have yet to see a salon that wants you to fail as a hairdresser. If you’re outstanding and work hard you will succeed no matter where you work. The demand for hairdressers will continue to grow. A truly educated and stable professional will never be out of a job, once you create a demand for your services.
Many salon owners invest their life’s savings to build a successful and profitable business for themselves and their staff. They have to worry about the risks and financial obligations when committing to a lease, paying rent whether they are busy or not. They have to pay employment taxes, book keeper, hiring people, combating competition by well financed and well managed salons, sacrificing time away from their family, price wars, advertising expenses, workers comp, licenses, fees, pay rising utilities etc. This doesn’t account for the stress, worry, and frustration of owning a business.
Until you own your own business, you will never know how difficult and demanding it can be. Many people chose not to go into business because of the many sacrifices and risks involved in owning a business, especially in today’s tough and uncertain economy. These entrepreneurs and risk takers should be applauded, for their sacrifices towards creating jobs. And if their fortunate to make a profit, they deserve it and should be rewarded for their entrepreneurship.
As more and more salons fail, be hopeful and thankful that your salon is able to stay in business and remain profitable, giving you job security. Remember: as a hairdresser, it is always in your best interest that your salon turns a profit.
For more information about making a profit and keeping your hairdressers happy, be sure to check out my Two Day Business Seminar in Las Vegas July 9th-10th. Seating is limited, so be sure to reserve your place today!