Does this seem fair? for a profit split

[leonnib]

i will have one person doing hair and spray tanning she has all equipment so will only need to get a tanning cubicle which is like £70 as she has machine..

i was thinking of a 45% split ...

another hair person who will supply all equipment and was thinking of a 45% split.

and a nail person i have supplied table and chair but they will get equipment and will charge £80 pw or 45% split.

but hubby thinks it should be 50%.. and more rent for the nail person....

i will pay elec etc and provide a receptionist....


i know a few people in the area so have given out some leaflets etc to churches so they have got a little extra help to get them started..

there is a kitchen etc and toilet

 

[angelina221]

Who is supplying the products?
If they have to supply all their own products then i would suggest that a 60/40 split is the norm. They get 60% and you get 40%.
I supply all products and equipment at my salon and i take 60% but if they supply the products then i take 40% but i still provide equipment.
I take the bookings, i do the advertising and provide, tea,coffee, etc... and do any washing and cleaning.
This works for me.

 

[leonnib]

thanks.... they will supply products...

nail person will supply other equipment and get table and chair..

hair dressers get chair,mirror and stand /trolley hair supplies etc each... so will need to supply other equipment they need....

i will not be supplying tongs, scissors etc just the chair.

so you think its best to do 40% on this basis?.. i dont mind 40%

 

[leonnib]

should i go with 40% ? im finalizing details later today and im still undecided

 

[ValencianNails]

If I were supplying my own products etc than I wouldn't pay any more than 25%!

 

[leonnib]

25% is abit low considering im paying all bills.. and doing advertising for them.. and providing a receptionist

 

[angelina221]

Like i said i would take 40% if they supply the products but they only supply products-i provide all the equipment, furniture, towels, i take bookings, i provide the cleaning and i do the advertising.
I also do colonic irrigation but that room was completely furnished by them and they take all their own bookings and do all their own advertising, although i advertise it too. From them i take a set amount per client which works out about 25%

 

[Kim Lawless]

The usual % if they provide their own products is between 25% to 30%. I would have a lower linit as you could get someone who is a bit work shy and doesn't make much, so it won't be worth your while.

I always think that a set rent (inc) is the best way forward. That way, you can budget and know that you have a regular income every month and they too have the incentive to work hard. xxx

 

[leonnib]

The usual % if they provide their own products is between 25% to 30%. I would have a lower linit as you could get someone who is a bit work shy and doesn't make much, so it won't be worth your while.

I always think that a set rent (inc) is the best way forward. That way, you can budget and know that you have a regular income every month and they too have the incentive to work hard. xxx

i totally agree i did consider that but will rent to one of my hairdressers.. so to have a set wage..

dont want to all renting really..

there is one person who has the hair station and tanning room...
so id do % on each or just one %...

possibly 30% on each... she has client already so shoudlnt have a problem...


but i think il consider renting the nail station.... coz like you said a set income would be good would £80 pw be reasonable.

and £100 for the hair ..wel they seemed ok with it when i said but just wanted to ask

 

[Kim Lawless]

Where in West London is your salon and I'll tell you what I think will be fair? xx

 

[leonnib]

thanks.. uxbridge ub4 its on the high road

 

[Violet Star]

I wouldnt pay anymore than 25% as i supply my own products all they supply is electric (which is for about 5 minutes per tan) and i supply all my machine and cubicle.

hths x