Hi guys im looking at taking over a hair salon that currently employs 1 staff member and the others are rent a chair.
As the previous owner had this staff member she purchased stock to retail, however when i take it over the employed staff member will become self employed, however im unsure what to do re the stock situ and wondered if those currently running a fully self employed salon could advise...
Do i
a) include stock in rental price (how the heck would i work it out)
B) purchase the stock and pay a commission on sales (again how do i work this out)
C) provide no stock and let them sort this themselves?
Any advice greatly received!
As the previous owner had this staff member she purchased stock to retail, however when i take it over the employed staff member will become self employed, however im unsure what to do re the stock situ and wondered if those currently running a fully self employed salon could advise...
Do i
a) include stock in rental price (how the heck would i work it out)
B) purchase the stock and pay a commission on sales (again how do i work this out)
C) provide no stock and let them sort this themselves?
Any advice greatly received!