curiousgeorge
New Member
Hi all,
New to SG, hoping some of you with some hands on experience of owning or managing a salon can help me out...
I have my own mobile business in massage and beauty in London which does pretty well and I'm toying with the idea of opening a salon that also does massage and beauty, in London, most likely next summer when (I hope) this Covid panic subsides a bit. I just have some basic questions:
- When I browse available premises there is a leasehold figure quoted and rental figure posted. Does this mean I can either buy as a leasehold, sort of like a mortgage, or just rent from the current lease holder?
- What are the most obvious operating costs?
- Any pitfalls to be aware of that might not be obvious to me now?
- Are most staff employees nowadays or self employed contractors?
Any other thoughts or advice you may have would be greatly appreciated
Thank,
Georgina
New to SG, hoping some of you with some hands on experience of owning or managing a salon can help me out...
I have my own mobile business in massage and beauty in London which does pretty well and I'm toying with the idea of opening a salon that also does massage and beauty, in London, most likely next summer when (I hope) this Covid panic subsides a bit. I just have some basic questions:
- When I browse available premises there is a leasehold figure quoted and rental figure posted. Does this mean I can either buy as a leasehold, sort of like a mortgage, or just rent from the current lease holder?
- What are the most obvious operating costs?
- Any pitfalls to be aware of that might not be obvious to me now?
- Are most staff employees nowadays or self employed contractors?
Any other thoughts or advice you may have would be greatly appreciated
Thank,
Georgina
