#351 - Can a salon afford 45%+ commissions?
Thriving Stylist Podcast
Britt Seva
4.7 • 2K Ratings
🗓️ 2 September 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
As salon owners, it's crucial to ensure that our businesses are sustainable for ourselves, our stylists, and our overall growth. But when we talk about being "fair," what does that really mean in the context of payroll? In this episode, I tackle the age-old question: “Can a salon afford to pay 45%+ commissions?, while diving deep into the numbers and exploring the significant impact payroll has on the bottom line for salon owners today.
By the end of this episode, I aim to give you a new perspective on this often misunderstood topic. It’s time to move away from vague ideas of “fairness” and instead focus on calculating a compensation model that’s truly beneficial for everyone in the salon—owners and stylists alike!
Do you have a question for me that you’d like answered in a future episode? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast!
If you’re not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You’re not going to want to miss out on this.
Learn more at: https://thrivingstylist.com/podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Do you feel like you were meant to have a kick-ass career as a hair stylist? |
| 0:06.0 | Like you got into this industry to make big things happen? |
| 0:09.0 | Maybe you're struggling to build a solid base and want some stability. |
| 0:12.0 | Maybe you know social media is |
| 0:13.8 | important but it feels like a waste of time because you weren't seeing any |
| 0:16.8 | results. Maybe you've already had some amazing success but are craving more. |
| 0:20.8 | Maybe you're ready to truly enjoy the freedom and flexibility |
| 0:24.4 | this industry has to offer. Cutting and coloring skills will only get you so far, |
| 0:29.0 | but to build a lifelong career as a wealthy stylist, it takes business skills and a serious |
| 0:34.1 | marketing strategy. When you're ready to quit just working in your business and |
| 0:37.9 | start working on it, join us here where we share real success stories from |
| 0:41.5 | real stylists. I'm Brit Civa, social media and |
| 0:44.4 | marketing strategies just for hairstylists, and this is the Thriving Stylists |
| 0:47.9 | podcast. What is up and welcome back to the thriving stylus podcast? I'm your host |
| 0:54.8 | Britsiva and today we are talking about the age-old question can a salon afford |
| 1:00.0 | 45% commissions now as per usual this is a very inspired episode based on a |
| 1:05.6 | conversation I had with a salon owner just last week about how to compensate her |
| 1:12.0 | team in the way that they want to be compensated and when we look at compensation |
| 1:16.6 | whether it be salary or hourly or commission or literally anything it's all about making sure that the person feels like the time, energy, and effort they're putting into their business is worth it when payday comes. |
| 1:31.0 | And I actually mean that for Booth Rent booth renters too like if you're a |
| 1:34.0 | booth renter you work in a studio suite so essentially you're paying yourself right |
| 1:37.2 | you're running your own finances or if you're a salon owner right you're |
... |
Transcript will be available on the free plan in -211 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Britt Seva, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Britt Seva and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.