My math was wrong about the 2% but the logic is still the same.. business should return much better.

I’m addicted to your videos that are full of knowledge n game thank you bro

Easy. No clientele... Commission. - Full clientele... Booth rent!!! No matter what a shop owner says.... There's no value or benefit for a barber to have a full clientele and paying $600+ weekly to the shop from commission.

Good advice 💯💈💯

Respect bro!!!

Gems 💯🐐

Thanks for making another video on this. -taneecuts

My commission is 60/40 but the foot traffic is really good. Clients tip really good. I can also do appointments,

I don’t like either model personally but I thought this was a very well done video. Thank you

what systems should i have to make a great shop?

How do you price a booth rental I have an empty building 1100 square feet I was thinking it would be enough for hair cuts nails and pedicures how would one break down the booth rental prices the last person who rented from me used it as book store so it’s got plenty of room

When it comes to marketing the shop. What is your take on a bothrent ? As an owner should i be investing into marketing i currently have 5 barbers. None of which are fully booked and have 2 more chairs i can fill up, which is hard to do since there arnt many, if any walks ins. So id have to find barbers which already have a healthy clientele. But they are generally already happy with where they are Just not sure if i should be the one dishing out money to make my barbers busier… or how id benefit by doing that.

Do you have a video about renting a suite!?

I’ve seen booth rent barbershops where the barbers pay their rent daily, barbershops where they pay weekly and barbershops where they pay monthly. From what you have seen with your experience, what is best?

Can you break down the Pros and cons of commission vs booth rent from just a barbers perspective if possible

I manage a barbershop in Los Angeles California. It's mainly commission based but there are some booth renters. I have all the responsibilities of a manager (scheduling, inventory for hair products, handling meetings for the barbers , customer reviews etc) I also continue to cut hair but my booth rent is the same as the other barbers. My question is how much do you think a shop manager should get if I continue to run this commission based shop? I feel like it should be more but I can't find any good advice on this topic to present to the owner. Appreciate you fam!

I’m trying to figure out how to make this booth rent stuff work. I have 7 chairs and 4 girls renting. I still pay $400 out of pocket. How do you get people in? Also, are you counting their money when you say your shop brings in $70k.

how do you find booth renters? I'm struggling right now.

🔥🔥🔥

I’m in Oregon. I Booth Rent my barber chair. Six figure barber

What about if i'm working the chair myself as well on my own shop. Do I include the money i'm making as part of the earnings for the month to calculate expenses after?

Booth Rent all the way!

I work as a self-employer commission 50-50 , the wage is up to 1000 per week , i still dont know what is going to happen in the end of the year , any advice pls 😉 thanks

I’m thinking of leaving a Union construction job because it always was a dream of mine to become a barber but I had kids young. I make 900 a week after taxes and will have to work 30 years to even get my pension/annuity. I’m looking at schools and have been watching all of your videos. I’m motivated but not educated. Thank you for this. The only fear I have is that I will fail to make more money than that my first couple years. I already have people telling me they’d come to me I have a shop that would hire me once I finished too. Trying to have faith to take a leap on something that I truly want to do with my life.

I’m in an area where the average booth rent is 125.00 per week. With rent that low, how do I make money without having to cut hair everyday? If the cost of the shop is 5,000 per month. You would have to have 10 barbers in house at all times just to break even. We haven’t started talking about making a profit yet. Let’s say I want to at least make 5,000 a month in profit so that I don’t have to cut hair all day, everyday, I would then need 10 barbers who are paying me 250.00 per week in booth rent. Now, I’m in a more rural area. I’m lucky to have a shop with 4 booth renters. Considering the same numbers above, I would need to charge those 4 barbers 625 a week in rent. Given the area I’m in, that isn’t doable. Also l, booth rent for me poses other problems. There is no guarantee any of the booth renters will show up for work. You can’t force them to be there. You can’t fire them because they aren’t employees. In many ways, you can’t require them to abide by your prices and your shop rules. They are their own boss, in their own business. You are nothing more than a landlord. What I am not seeing here. My main question I guess is, how do you consistently make money with booth rent without having to cut hair every day?

commission on top of a 1099 is so draining. make good money 60/40 but end of year sucks

Start out on commission until your commissions would be as much as the booth rent would cost.

Commision shopsbare normally way better than both rent shops. Most barbers need guidance and the booth rent model makes the barber think that they can come and go as they please Bevause they paying a rent. Boothrent should be illegal in all states because to have booth rent you need to be a sub contractor and carry your own insurance but most don’t.

I understand your perspective but disagree. I owned both booth rent and commission, and when you start to have systems and rules in your booth rent shop, they become employees. While from a Barber perspective yes booth rent is lucrative but becoming an owner you make no money and this is why the Barber Shop and industry as a whole isn't as lucrative as our counter part beauty salon. We are mostly consumers. How can one salon net 100k-300k yearly. Structure and systems and most salons are commission. Also, turn over in booth rent shops are high as well for weaker or new barbers. the time argument is really one for a commission shop simply because the structure and system have to be in place to work. You have more time because you have a system in place. Booth renters are only okay with some structure and you can't control the shop environment with that model. I would agree with the thought of suites being better but a booth rent shop only the Barber wins , not the owner nor the customers, not even other Barber in the shop. Booth rent is a business model intended for separate spaces, not one space, by definition. So the only way to even attempt to create an income as a booth rent owner is to increase the amount of Barbers in a space, which based on numbers an owner on average will retain 60 to 70 percent of your shop full and reliable, so depending on your investment you won't break even for a while and if you there only 1 hr a month you are setting your self up to fail. Jmo