#351 - Can a salon afford 45%+ commissions?

Thriving Stylist Podcast

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