What do you think of this offer? Rent a room

[Violet Star]

Hi Geeks,

I need some advice a lady is opening up her salon this weekend and ive been speaking to her today as i emailed her a few weeks back about having a space in there. So the offer is that i provide all my breauty treatments (im the only therapist there) and also take my bookings etc and we share the profit 50/50 and we also go 50/50 on buying the products too

How does this sound?

 

[jes]

Hi, It's sounds very expensive and complicated to me. How will you sort out receipts for HMRC if you are sharing costs 50/50?

All the times I rented space I paid between 20 to 25% of my profits but I brought all my own products etc.

 

[Helen v]

Hi I too think that sounds rather pricey, when we have rented rooms at our old place in the past the therapist has paid a set amount for the space (i think it was about £25 a day getting less if for more than a couple of days) and provided all their own towels and products. However at our new place when we have extra therapists in, we provide everything and still split 50/50. HTH

xx

 

[nixnewcastle]

I agree with the other 2 comments. It sounds very expensive to me. Try asking for:
* paying a percentage to rent the room (usually 20%) but you provide all the products and towels
or
* renting the room from her (paying a set rent say £50 a week depending on room space etc)