How to Know if You’re Ready to Go Solo

Salon Suites are popping up everywhere and there is good reason! More and more beauty professionals are transitioning to salon suites! Going independent is an exciting but sometimes intimidating thought. Being your own boss, setting your own schedule and having full control of your work environment all sound great but a lot of beauty professionals are asking themselves: How will I know if I’m ready to go solo? With a solid client base and a few helpful tools and resources, the answer is YES, you probably can! In fact, with a steady clientele…you may even end up making more profit working in salon suite vs. a traditional commission based salon.

Let’s do the Math

The first step to determining if you are ready to go solo or not is to do the math! It is really quite simple and we’ve put together a helpful weekly profit calculator to help you get an idea of how much you can earn on average as an independent beauty professional. Keep in mind that as a suite salon owner you will be keeping 100% of your profits, if you are working out of a traditional commission based salon, this will be a great factor for you. At 7 Salon Suites all of the utilities and maintenance are covered in your rent so no need to worry about that! Simply calculate how many clients & services you have per week on average and multiply that by the average cost of each service. Deduct your product costs, weekly suite rent and any other business related costs you may have. Don’t forget to factor in profit for any retail product sales! In most cases, you will find that you definitely can afford to go solo and you may even find that you will make even more money per week than you do now! Try our weekly profit calculator below: