If you are one of the thousands of self-employed hairdressers or barbers in the UK then it is likely that you have considered renting a chair in a salon. This way of working can be mutually benefit for both the salon and you as a hairdresser.
But what does salon chair rental involve and what should you consider?
There are a few methods of renting a chair:
You can agree a fixed amount that you will pay the salon each week for renting a chair. This works in your favour if you succeed in getting lots of clients as the cost that you pay each week won’t increase as your earnings do.
Percentage of takings
You can also agree with the salon owner that you will pay them a percentage of your takings. While what you pay stays in line with what you take, Salon owners are often less keen on this method as their income decreases if you cut less hair.
A combination of both methods
Sometimes you can agree that you will pay a lower fixed rent as well as a percentage of the takings.
The average costs to rent a chair in a hair salon can vary between salons, so it is worth doing your homework to assess the average charges in your local area.
If you are paying a percentage of takings as a method of renting a chair, then you could expect to pay anywhere between 40-60%.
There are several benefits to renting a chair:
1. Cost – It is a fairly low-cost option for both parties. Salon owners don’t have the costs associated with permanent staff and for hairdressers it is a fairly straightforward way of managing outgoings.
2. Risk – There is less risk and commitment required for both the salon owner and hairdresser. You can enter into an agreement and if it doesn’t work out then you can terminate the arrangement.
3. Flexibility – In theory you can choose what hours you work. You can plan to work at key times of demand (evenings and weekends) in order to maximise your opportunity to earn.
4. Working in a Salon Environment – This can be beneficial for a number of reasons: Lots of clients prefer having their hair cut in a salon environment making you more appealing as a hairdresser, you can benefit from working around other hairdressers making it a more positive working environment with the opportunity to learn share skills and techniques.
If you are renting a chair, then you will need to work on a self-employed basis. This means that you will need to register for self-assessment and submit your income annually.
It is also unlikely that you will receive any employee benefits such as paid holiday, maternity leave, pension, healthcare etc.
Yes, you should be sure to have a contract in place if you are renting a chair. A rent a chair contract will protect both you and the salon owner by ensuring that all details of your agreement are captured in writing and agreed by both parties.
If there isn’t one already available at the salon, there are plenty of templates available online. Be sure to capture all the important details: Price, length of agreement, working hours, ownership and payment for products and equipment that you will use when in the salon, as well as highlighting what happens if either party wants to end the agreement.
In summary, rent a chair hairdressing can be a low risk and flexible way of working. If you can build up a regular book of clients, then your potential to earn can be quite significant.
Protectivity is a specialist provider of Hairdressing Insurance. We cover thousands of individuals and small to medium size businesses across the UK, offering a range of tailored insurance products to protect our customers against unforeseen events.