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Nail Technician

  • 30-11-2013 5:52pm
    #1
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭


    I am planning on opening a salon & was wondering if its better to rent a space to a nail technician or to hire & pay a wage
    If nail technicians could reply & let me know which is beneficial to them that would be great
    Tagged:


Comments

  • #2
    betonit
    Registered Users, Registered Users 2 Posts: 526 ✭✭✭betonit


    id say rent the space. Eliminate the risk starting up of someone sitting there do nothing and getting paid. They could also bring in business for you also. Just make sure they are good.


  • #3
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭joegdoyle


    whats the going rate for renting space?


  • #4
    DubTony
    Registered Users, Registered Users 2 Posts: 3,267 ✭✭✭DubTony


    I'm not a nail technician (seriously - is that what they're called these days? :rolleyes: ), but I think the best option would be a revenue sharing arrangement. Come to an agreement with the ... person ... (:D I can't type that phrase again) that you receive a percentage of revenue up to an agreed figure. After that figure you get a smaller percentage. Or something like that.

    This reduces risk and encourages the person to promote their own business, from which you may get some spin-off.

    edit: Having said that, surely the best option is to hire somebody and ensure a good service for your customers.


  • #5
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭joegdoyle


    Thanks for your help Tony


  • #6
    WaterfordGirl1
    Registered Users, Registered Users 2 Posts: 4 ✭WaterfordGirl1


    As a nail technician in the city I am a free lancer..I was due to start in a salon ( renting space giving a % back to the hair salon) Was due to start earlier this month but due to insurance reasons it made it very complicated..make sure your insurance will accept theirs .. best of luck ..hopefully better luck than I had!


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  • #7
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭joegdoyle


    thanks a lot WarefordGirl1....could you tell me how much you were willing to pay for rent & how much %?

    could anyone tell me what utility bills & roughly how much per month?
    I'm based in London but planning on returning to Ireland early next year so trying to get a business plan together


  • #8
    WaterfordGirl1
    Registered Users, Registered Users 2 Posts: 4 ✭WaterfordGirl1


    I was giving back 33% of what I earned..have heard since that was very high...although it was the top salon in waterford


  • #9
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭joegdoyle


    waterfordgirl1 are you working now? how far would you travel for work?


  • #10
    WaterfordGirl1
    Registered Users, Registered Users 2 Posts: 4 ✭WaterfordGirl1


    I have a sunday to wednesday job at the moment.. Anywhere in the city as I live here.


  • #11
    joegdoyle
    Banned (with Prison Access) Posts: 107 ✭✭joegdoyle


    could anyone tell me what they would prefer....paid weekly, rent table space or percentage of money made?


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