91. Owning A Rental Salon Isn’t As Glamorous As You Might Think (with Tracy Powers)

I oftentimes hear people talk about owning a rental salon like a golden ticket. That if you switched to this structure, your problems would melt away and life as a business owner would become so much easier.

As a salon owner who has owned a commission salon, rental salon, hybrid salon and salon suites, I can confidently tell you that owning a rental salon requires just as much work (with less profit) as a commission salon.

This week guest Tracy Powers shares her story, success & struggles as a rental salon owner. Tracy peels back the curtain and reveals what truly goes on behind the scenes to keep a rental salon up, running and thriving.

The biggest takeaway is: you must operate your salon in a way that works best for you. There truly is no right or wrong salon structure. However, it's important to look at all the data before you decide to dive into one specific structure.

To connect with Tracy, visit https://www.tracysbeautique.com/

Are you a salon owner that's searching for more freedom? In my new program The Elevated Salon Owner Collective, I share all my tools and systems and coach you to implement these things in your business. To learn more, visit www.opulentbeautypro.com/elevate

Want my best (and free!) business tips sent straight to your inbox? Get your free guides here: www.opulentbeautypro.com/free