Commercial real estate investing is a smart way to generate passive income. There are many different types of commercial real estate — some may require a bigger investment, while others may be more time-consuming. Meanwhile, there are endless ways to generate passive...
One of the main perks of owning a MY SALON Suite location is that you have the freedom to be a semi-absent franchisee. You do not need to be at the salon 24/7. You essentially serve as a landlord, and the stylists in your salon, called Members, are your tenants. They pay you to rent space and run their own businesses.
You decided to open a salon suite business. Great! Now what?Starting a salon suite business is an exciting business venture. However, navigating the road can be challenging without proper guidance.
If you are an entrepreneur interested in opening a hair salon, it can be difficult to decide whether to start your own business or join an established franchise system. There are many reasons to open a franchise, and a salon suite business offers many benefits to owners.
So, you want to own your own business, but you don’t have a ton of time to spare. What can you do? This is a common predicament for busy professionals with a full-time job they love who still want to invest in business ownership. You may also fall into this category if you are retired and want to invest but no longer wish to work full time.
Before you purchase a hair salon franchise, not only will you need to research brands — you’ll need to research different types of salons. Make sure you understand all available options before you make the commitment. Here’s how traditional salons compare to salon suites, and which are most in-demand.
If you’re interested in opening a salon suite franchise, you will need to research your options to determine which is the best fit for you. MY SALON Suite is a leader in the salon suite industry and welcomes questions from prospective franchisees. While you may believe opening a MY SALON Suite franchise is similar to opening a Phenix Salon Suites franchise, there is no comparison!
MY SALON Suite, a turnkey salon suite studios franchise that allows salon professionals to provide beauty services to their own respective clients, celebrates its 10th anniversary on October 9. Founded in 2010 in Metairie, Louisiana, by Alanna McAllister and her husband Ken McAllister, who is currently President and CEO, what would go on to become the national MY SALON Suite franchise system started as a local, family-inspired salon for beauty professionals.
The salon suite industry is beyond trendy —it’s here to stay. Entrepreneurs who want to be a part of the expanding and profitable beauty industry are taking notice. Talented salon professionals want to set up shop in a salon suite, and their ever-growing list of clients will follow. MY SALON Suite offers a successful Salon Suite business model.
MY SALON Suite has been social distancing since before it was a thing! The salon suites are set up to allow one-on-one beauty services in a private and enclosed space. Originally, this was meant to cut down on outside distractions, allowing stylists to build relationships with their clients in a relaxed setting. Now, it means a safer place for clients to get their hair cut.