When you hear the word freelance, you think freedom and flexibility. While that is true and there are a lot of perks to being your own employer, there are also downsides, and you can say the same about working at a corporate salon. When you are employed by a salon, you are working under specific rules and guidelines you must adhere to. When you are a freelancer, you are either self-employed or own your own business and typically rent out a chair, suite or studio within a salon to perform your services.
Below are some pros and cons of working as a freelance hairstylist versus working for a corporation that you should consider.
A definite perk is getting to keep all the funds that you make, without having to give a percentage to your salon. This is great, but also keep in mind you are responsible for all your own expenses too like color, tools, water bills, and assistants.
When you work for yourself, you get to decide what products you use and sell. Sometimes at corporate salons, you’re required to push their brand or the brand’s they carry even if you’re not a huge fan.
Flexible Hours and Rates
Being your own boss means you can choose your own hors and rates. This means raising your prices when you want, working when you want and also giving discounts and deals to those that you want too.
You Can’t Be Fired
Because helllllooo, you’re the boss!
No Dress Code
Many top tier salons require that you wear all black or dress a certain way, but not on your watch! You can wear whatever you want.
Responsible For Your Own Supplies
Everything is on you, boo. Which is great but can also be costly.
Acquiring New Clientele
Walk-ins are much smaller part of your business when you operate your own business, which means you and only you are responsible for keeping and getting new clients.
Booking clients, book keeping, filing taxes…. that’s all on you too!
You miss out on the benefits of working for a corporate business, like health care, PTO and other life-easing perks.
Entitled to Hourly Pay and Overtime
If you are a non exempt employee, you are entitled to the minimum wage and overtime wages whether you are working on clients or not. You are also provided certain benefits and protections that you don’t get when you’re a freelancer.
No Overhead Work Costs
Your employer is the one who provides all of the products and tools and runs the business side smoothly so you don’t have to think about it.
More corporate salons and larger establishments have a bigger name and brick and mortar presence, so the chances of getting new walk-in clients is much higher.
You must operate under the employers schedule, which can make taking outside clients or house calls hard.
Policies and Dress Codes
You must adhere to the salon’s policies and dress code.
You are only able to use the products that the salon provides.
You losse a large percentage of your income to your salon.