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You didn't say whether you're 60 or 40? You are an IC. Was another LE there before you? Does the owner have a product line already? You may be able to choose your own product line; however if she provides the products for you, backbar and/or retail, she may want to give you a commission on what you sell. Will you be making your own appointments? Will you be doing your own marketing? Will she provide you with a client listing or talk you up to clients? I would start with this if you can as the Sola Salon Suite is best with an existing clientele.
60% is a good. If she will be feeding clients your way she expects something. But you can be feeding her clients as well! Maybe you can negotiate so that in say 6 months you can rent. If your commissions are exceeding the price of the room that would seem fair.
60% is NOT necessarily good.
% is a relative value -- relative to the price charged and the number of services expected.
would you rather have 60% of $70 or 30% of $200?
Blessings and prosperity! You paid some dues for four grueling years; you've had many downs; now you're ready for many ups!
The most important thing to clarify immediately is your legal status
Will you be an employee or an independent contractor, and to make sure the laws are being specifically followed for either case.
Other than requiring you to work set hours, all of the "tests" for whether or not you are an IC or employee are just part of a multi-part evaluation of your legal status. No other one factor is definitive of your status, so you have to clarify this before you can decide
For instance, if you are going to be an IC, there can be NO employee of the salon/spa providing the same services you provide.
if you are an IC, YOU must provide all your equipment and supplies (treatment table right down to cotton rounds). You also decide what products to use in your services and at what price you will charge clients.
As an IC, you are free to accept or decline any appointments offered to you if you have the salon do you appointment setting (and if they do, it needs to be clearly written out that you are compensating the spa for this service as part of the % you are giving them, and any services you book on your own do not incur this fee)
My current employer has me as an IC and I fit absolutely none of this criteria, yet I pay my own taxes. It's so wrong.
But what is your next situation?
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