Recent Articles

Hair Salon Industry

One of the service related industries traditionally small business format and owned. This industry uses multiple different compensation methods and service formats. Traditional accounting and business concepts are modified to meet the needs of this industry.

Retaining Stylists In The Hair Industry

12/05/2015

A good question was posed by a former client about how to solve a problem in the service industry. It is the revolving door of stylists in the salon industry. This constant movement of stylists from one salon to another is actually bad business. So [...]

Team Based Pay in the Hair Salon Industry – A Critique

06/21/2015

Team based pay in the hair salon industry is the newest solution for compensating employees and increasing the overall performance of a salon.  IT WILL NOT WORK.  This article is a critique of this program and provides several reasons why this [...]

Booth Rental – Legal and IRS Compliance

01/13/2015

A long standing custom in the hair salon industry is owners of salons leasing out booths to hair stylists.  If not properly documented and exercised appropriately, the owner opens the door for many legal issues.  Booth rental is legal in many [...]

Hair Stylist Compensation Model

04/06/2014

One of the most fascinating business models is the hair salon industry.  Many salons are poorly managed and rarely generate adequate profits.  To make matters worse, the stylists are like professional sports players.  One week they are playing [...]