Thinking Of Moving Into A Salon Suite? Read This!
4 Reasons Moving Into A Salon Suite Is Right For You
Control of scheduling, services and pricing? Making a larger profit? Decorating to fit your personal aesthetic? When and if the time is right—these are all reasons many stylists move into their own suite, so they can reach their own personal career goals and grow their revenue.
Sure, it can be intimidating to be your own boss—or leave the salon you’ve been with since graduating cos school. But if there’s one thing MY SALON Suite® hears from members, it’s that they wish they had done it sooner. To help see if a salon suite is the right fit for you, we compiled this list of tips, truths and testimonies from the Suite Elite.
Reason #1: You like the idea of being your own boss.
Feeling stifled by strict policies, fixed prices or management? With MY SALON Suite®, Suite Elite Members have the freedom to:
- Design their own space
- Sell their own products
- Choose their own hours
- Set their own prices
- Keep 100 percent of their profits
- Interact with a supportive community of like-minded entrepreneurs
- Enjoy affordable rent that covers amenities
- Continue education with MY SALON Suite® Education Episodes and scholarships through an exclusive partnership with the Professional Beauty Association.
Alyssa Hornung (@alyssadeanhair)—owner of Salon Alyssa Dean—can speak to the perks of being her own boss. “My income has grown. In just shy of a year, it tripled. When I started out in the industry, I assisted for four years. I was at a commission salon and I learned everything possible. Then, I didn’t feel like doing it anymore,” she says. “Why work so hard and only get half of what you bring in? So, it’s better just to work for yourself and keep going.”
Reason #2: You want to get creative with building extra revenue.
MY SALON Suite® wants each of the Suite Elite to be successful business owners and earn extra revenue. As part of that goal, members will have access to:
- Introductory kits that bring brands like OLAPLEX and Paul Mitchell to your business.
- Skincare and tanning retail options to increase your revenue, no matter your speciality.
- PPE, capes, brushes and other essentials from My Suite Store, delivered right to your door with any color and retail products.
- Authorized retail from brands like SEEN, Xtreme FX and Molequle.
- Favorite products at wholesale prices from My Suite Store. We’re talking brands like PRAVANA, L’Oréal Professionnel, Redken, amika and more.
Control your own pricing, service menu, schedule and more with MY SALON Suite®!
Using these resources, Suite Elite members are able to continue growing their income outside of their service menu. John Simonton (@shavelabbarbering) of Shave Lab Barbering took his income to new heights once he moved into a suite. “I make about what I was making in my eighth year with my previous employer in my first year. So that’s very exciting, considering it’s a start-up business,” he shares. “I feel very privileged to have had the opportunity to do that after only one year here at MY SALON Suite®.”
Reason #3: You want more control over your pricing.
Suite Elite members like Machza Spa’s Tina Wagner (@machzaspa106b) and Gina Foley (@gmthestylist) of Gina Marie Hair Studio have increased—if not doubled—their income since moving into a salon suite. How? One of the secrets is having control over your own pricing.
As challenging as it is to align your pricing with your career goals AND your clientele, we’re happy to tell you that small monetary changes make a big difference—even so much as $7!
If a stylist increased five services a day by just $7 for five days a week, they would earn:
- $750 more per month
- $9,000 more per year
- 100% client retention
“I’ve definitely seen my income increase at MY SALON Suite® and it’s been wonderful,” Tina says. “I’m not worried about how much money I’m {going to] make as opposed to when I was in corporate. This way, I can control what business I have.”
Reason #4: You value a strong work-life balance.
One of the biggest benefits of being part of the Suite Elite is the ability the create your own schedule. Suite renters are encouraged to merge their personal and professional lives in a way that works best for them.
Ebony Bradley (@ekbradley) of Salon Zeal explains that moving into a salon suite helped her destress about working a certain number of hours every week: “I am making more money at MY SALON Suite®, so I’m not as stressed feeling the need to work an 80-hour week in the salon from 9 am to 9 pm Monday through Saturday. It’s given me a nice family, work and life balance.”
Her experience is shared by Studio Blanchet owner Hans Blanchet (@studioblanchet). “By this point, I am now making as much as I was and working with [far less stress]. That comes with value in itself. I’m still making more money than I was in the salon, however the value I get back from not being so stressed out is worth its weight in gold,” he says.
Convinced? Consider this your starter kit checklist:
If you’re ready to make your dream of becoming an independent stylist a reality, here’s a checklist you can follow to get a suite that’s entirely yours:
- Find the perfect location. MY SALON Suite® has locations close to home—and close to your clients! Click here to tour a salon suite near you!
- Get your business essentials in line. Before you can move into your new suite, you need to make sure you have all the paperwork on hand: A state license, a business license, your tax ID and the name of your salon. Don’t worry: MY SALON Suite®’s Smart Start program helps stylists check all of these boxes.
- Create a schedule that works for you. Need a hand? Ask your clients what works for them and compare that with what works for you and your personal life.
- Shop the My Suite Store. Here, Suite Elite members have exclusive access to professional products for backbar, services and retail at wholesale prices.
- Make your space uniquely “you.” Enjoy custom paint, furnishings and other items to make your suite your very own.
- Market your newly-opened suite for business. Suite Elite members can display their business on mysalonsuite.com and receive a custom URL that will show up in search results and allow clients to book directly from each listing. Social platforms like Instagram and TikTok are also great resources for spreading the word!
Once those boxes are all checked, we recommend throwing a suite-warming party or a grand opening event as a pat on the back.
Move into your very own salon suite today!
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