How to Price Salon Chair Rental Rates | Maximize Profits & Attract Stylists to Your Salon

I have been an independent owner/operator of a hair salon for over six years now. Hard to believe it has actually been that long! In my own experience as an owner, setting your salon chair rental rate is crucial to the long term success of your salon business.
If your chair rental rate is too low you could experience a negative cash flow and if its is too high you could experience unrented stations.
If you are looking to stay organized and on top of your game, this is for you - awealthyhairst...
With this handy spreadsheet for tracking weekly rental checks from each stylist, you can input payments effortlessly and never miss a rent check again!
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Hey it's me, Samantha! I am a course creator, salon owner, stylist, mom & wife.
And LISTEN GIRL, I GET IT. A lot of hairstylists shy away from numbers.
We spend so much time being artists, that we’re not aware of what comes in and what goes out. But we need to know how to do the numbers better if we want to have a thriving, successful business.
And that’s why I started A Wealthy Hairstylist.
To help stylists like you achieve more wealth by becoming financially savvy and ultimately more profitable. As hairstylists, we aren't taught how to measure profitability or track our growth, so we don’t know where we’ve been and where we are now. And I think that’s ridiculous. It’s time to learn those skills so we can create long-term wealth, feel confident in our financials, and craft a business we love.
Let’s get you started on your journey to wealth today.
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A Wealthy Hairstylist is all about mentoring and educating independent hairstylists so they can boost profits, increase the organization of their business, and achieve financial empowerment in their business, on their own terms. The Wealthy Hairstylist Academy is a selection of courses to help hairstylists take their businesses to the next level.
If you’re looking to streamline your business and make more money by niching down, then THE NICHE IT DOWN COURSE is the place for you - awealthyhairst...
If you want to learn how to completely track your income and expenses with templates and custom spreadsheets to help you every step of the way then THE CASH IN ON PROFIT COURSE is for you - awealthyhairst...
If you’re ready to fully take your business to the next level by learning how to price your services for profit, incorporate your business, and plan for future financial stability then THE SUCCESS CLUB COURSE is the one for you - awealthyhairst...
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Not ready to take on a course just yet, I got you! Your future self will thank you for accessing these FREEBIES. Just saying…
THE PROFITABLE HAIRSTYLIST MASTERCLASS - This free 3-step blueprint will show you how to create profitable precision pricing and financial security within your business. If you are wanting guidance on how to properly price your services to make a PROFIT and SAVE for your FUTURE, but want to make sure you have an exact step-by-step guide to achieve this, this masterclass is for you!
awealthyhairst...
FREE HOURLY RATE CALCULATOR - Helps independent hairstylists determine their current hourly rate based on workdays, daily hours, client numbers, and gross income, providing a clear starting point for business improvements - awealthyhairst...
FREE MASTER HAIRSTYLIST EXPENSE SHEET - Helps independent hairstylists calculate their daily costs, providing insight into expenses and their impact on overall profit. Learn how to determine your Daily Expense Rate as a Rental Hairstylist - awealthyhairst...
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Ready to join me in becoming a financial bad*ss? Meet me at awealthyhairst...

[@jessicatimm83]

this was very helpful! Thank you so much for the info.

[@SamanthaPiercy]

So glad you enjoyed this video!

[@SamanthaPiercy]

Hey! My Educational Courses to help independent hairstylists price their services for PROFIT are now LIVE! You can visit here ... awealthyhairstylist.com/ You can also find my Booth Rental agreement for sale here awealthyhairstylist.com/shop/ Let me know if you have any other questions. Thanks, Samantha

[@eminencehairdesignspa]

I absolutely loved this video and have been following along to several of your videos. You are amazing! THANK YOU!

[@SamanthaPiercy]

Wow, thank you! That is so sweet. I am so glad you are enjoying the videos!

[@loveandlashesandfreedom]

Another helpful video. Happy I found you. Thank you ❤

[@SamanthaPiercy]

I am so happy this has helped. It takes a lot of work to run a business and to be the artist as well. But having clear guides and direction will only help keep you organized and prepared for growth. Let me know if you have any other questions. Thank you so much for following along!

[@SamanthaPiercy]

Hey! My SHOP is now open on my new website. You will find the booth rental agreement there for purchase to customize for you and your business. awealthyhairstylist.com/shop/ For more templates and educational courses you can visit here awealthyhairstylist.com/ Let me know if you have any other questions. Thanks, Samantha

[@fluteplayervictoria4100]

Great video ❤

[@SamanthaPiercy]

Thank you so much for following along.

[@pollyn6097]

Have you considered commission for your salon? Why did you choose booth rent?

[@SamanthaPiercy]

I actually did consider. I recently hired a business mentor to help guide me towards that direction. However what I was shown on how to run a commission salon i just didn't like. I do not like to micromanage and keep track of everyone the way a commission salon could run. It is a lot of work up front to get the proper systems in place. And at this point in my life, I actually want to work less. I love the flexibility of a rental salon. Some stylists have amazing comm. salons that are super profitable. My true passion is helping individuals find success in their own business. This topic would be a great video to have a discussion about!

[@dvalerio2412]

​@@SamanthaPiercyhello and thank you. I'm lost in everything. I want to open a salon to work in and to rent maybe 1 chair, I don't even know how to calculate my numbers 😢😂

[@SamanthaPiercy]

Hey! I finally just launched my new educational courses to help Stylist run a successful business behind the chair. This will totally help you figure out ALL of your service pricing. For educational courses you can visit here awealthyhairstylist.com/ Let me know if you have any other questions. Thanks, Samantha

[@SamanthaPiercy]

Hi Everyone! I know this topic can be tricky, so let me know if you if have any questions. Looking to take your hairstylist business to the next level? Learn how to manage your salon with a custom salon chair rental contract. Take the next step to create an agreement between your stylist and your salon below! PURCHASE SALON CHAIR RENTAL CONTRACT HERE: www.awealthyhairstylist.com/shop/p/salon-chair-rental-contract

[@mellissareid4998]

Why is it that you charge weekly and not monthly? 😊

[@SamanthaPiercy]

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!

[@donnaallison5497]

'PromoSM' ❣️

[@abeertani6697]

you are talking a lot

[@SamanthaPiercy]

I'll take that as a compliment. Hope you learned something helpful!