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Hey! I would do the clients consult either in person or over the phone. Once I knew what wefts I needed to achieve their look I would invoice the client a deposit/retainer to book their extension appointment. This retainer would go towards the cost of hair. If the client cancels within my cancellation policy they would loose out on their retainer. I know in the beginning it will seem like quite the investment. I recommend buying 2-3 packs of hair per client. You wont use all of it, so this will slowly start to build your stock. I hope this helps. Let me know if you have any other questions.

Hey! Best of luck with school! For continued education I would look into NBR, IBE or the Luna Method. I can really only speak on what I have been trained on. These are all sewn in hair extension methods. However there are SOOO many options. I would research what they offer, what's included, do they do continued education (and how much is that), and are you really certified once you complete? Most of these methods you will not be "officially" certified until you complete, submit and pass ALL your model work. Let me know if you have any other questions!

Thanks for checking in! Everything is great. Hope you had a great summer.

Of Course! It is hard to see how a simple discount of $5 could really effect someones income for the entire year!

Hey! That is awesome. I am so happy to help educators and students. When I went to beauty school I never learned any business tactics or money management. Let me know if you have any questions, or suggestions for other topics you might like to me to talk about. Thanks so much!

Thank you! I am so happy you found this helpful.

My assistant is paid as an independent contractor. I find it much easier and less expensive to pay assistants this way. Great question!

I've done both. You just need to figure out which one is best for your business.

Hey @zarystevens ! Your so welcome. I am happy to hear you enjoyed this video. A salon manager will help you free up your time. They should be able to take on tasks to help make the salon more efficient and help with your time management. Let me know if you have any other questions.

Of Course! Thanks so much for watching. If you have any questions let me know. I am more than happy to help.

Thank you so much!

Thank you so much!

Hey! To be honest it really is your preference. I personally do a yearly percentage increase based off of my lease rental increase. Every lease agreement is different, so I would consider your lease terms and increase rates accordingly to maintain your profit margin.

Okay, thank you so much!

@@pattifletcher3447 Of Course! Let em know if you have any other questions!

Hey! I am in the process of rebranding and redesigning my website. Once everything is complete, you will be able to purchase templates.

Hey! So I would look at how you are planning on splitting everything a little differently. Here is a suggestion. She needs to incorporate her business if she has not done so already. You both need to create a shareholder's agreement for the company based off of the money/equity you both are contributing or looking for. What the salon makes and she makes goes into the salons business account. She can have a small monthly or bi monthly salary as an employee of the business. I would start you off on an hourly rate for "management" of the salon. If the income coming in from renters and your wife's chair income is enough to put you on payroll and pay for your taxes as well, then go for it. But I would ease into that and make sure you have enough funds to do so. You could set owners distribution's/draws once the business reaches over an X amount of income. However the draw can not be more than what the limit needs to be, to keep your account healthy to pay for all your monthly expenses. You could also take an owners distribution based on your profit shares at the end of the year from what is left as profit. The business account would be the account paying for all overhead bills. Not each of you individually. I hope this all makes sense. Let me know if you have any other questions. Best of luck on your new adventure!

@@SamanthaPiercy thank you this definitely helped !

@@JamieMac203 of course! You need to be on top of your book keeping every month to be able to determine the salon profit rate. I would suggest doing a spreadsheet that separately tracks the salons income, bills, management, repairs ect separate than your wife’s. It’s a good way to see what she spends to run her business vs what the salon does. It will give you better clarity to find out of the salon itself is really profitable to be able to withstand a salary pay or any improvements/uogrades needed down the road.

@@SamanthaPiercy absolutely.! We are still in the beginning stages & tomorrow are going to go over an intent to lease with an agent. Any suggestions or things we should ask for or look out for? . The space is 1280 sqft and needs updating which the owner knows and is ready to do

Make sure you understand all lease terms! There is a lot of unfamiliar lingo if you are new to commercial leasing. Make sure you are clear on what TI will be provided, sometimes there is none! Everything is negotiable on your lease, so don't be afraid to ask for changes or lower rates or terms. You could always apply for a SBA loan if you need the extra financing for a build out, and equipment.

Hey! I would NOT share a breakdown of your business expenses to your renters. I never had any renter come and ask me what is cost me doing business, and why I charge what I charge for their rent. A way to help with this, is to have clear communication within their rental agreements as to what is included within the space they are leasing and what you are providing as the lessor. Rent should be a weekly rate that is consistent and based off of the days they rent. I hope this helps. Let me know if you have any other questions.

Ahh you caught me.. its a Demi permanent color. When the camera is going and you cant stop recording, you just have to go with the flow. Mistakes and all...

of course! Let me know if you have any other questions

There are some months that have 5 weeks versus 4. If you charge the same monthly rate for each month, you leaving money on the table for the months that actually have 5 weeks. A lot of it is preference. I prefer to charge week by week. My stylist prepay to work the upcoming week. I offer one week off a year, so its easier for me to track when my stylist's pay per week. And if a stylist goes on maternity leave, it is easier more me to track each exact week they take off, and the discount rate associated with each of those weeks. Hope this helps!

I would ease back into working. Take all the time off that you need. To prepare coming back to work I would try to pre book your clients on your schedule. If you are recommending them to see someone at your salon, then book one apt with them and then their next back on your schedule. Already adjust your future schedule to be part time or one to 2 days a week coming back to work. And then each week, slowly add more hours and or days. You might just like the part time schedule and may just stick with that for awhile while you adjust to your new mommy life. If you were an employee of your own business, you can file against your "company" for maternity leave and family bonding leave. This way you could at least make some extra money while you are out. Let me know if you have any other questions. And congrats on your baby!

Hey! Yes, the station with the mirror is 76" tall and 32" wide. The cabinets measure 72" tall, the mirror is set to be larger and taller in front of the cabinets. My stations are also floating off of the floor. I hope this helps.

Thank you so much!

I am so happy to hear this video has helped you. I am coming out with a salon manger guide to purchase soon! If you have any other questions please let me know.

I personally just do hand-tied and or coveted wefts. I do not do k-tip or tape in's, However you can still apply these tip to building any extension clientele! If you have any other questions, let me know!

I am so happy you found this useful! If you have any other questions or any other topic you would like me to discuss more on, please let me know.

How do I message you? I would love more information please!

@@HollyWolfe-om6ys you can visit www.AWealthyHairstylist.com

A root melt is essentially creating a transitional color from a clients roots into another color. For example I create most root melts to help achieve a softer regrowth for my clients who would normally have highlights. After washing out all my clients highlights(foils), I would apply a root melt using a semi permanent color ( i like redken shades or colornace) at my clients roots while they are in the shampoo bowl. The root application can be a tap (very little) or a longer drag (1-4 inches) depending on how much depth or how big you want your transition to be. The color is left on for 5-25 minutes depending on brand and opacity that you are looking for. I can link another video of how I do a root melt if you are interested? Let me know if you have any other questions.

Thank you! I actually just used the Redken Shades Processing Solution ( equal parts). Recently I have been playing with Goldwell's Colorance and using their 7 vol for a root shadow and I am really liking it!