Finance

Rental of hairdressing chair

Do you have an empty workstation in your salon and also dream of buying new furniture? You have a unique opportunity that you should consider: rent out the space and use the money to buy new furniture. Read on to find out how to do it.

16. January 2024

Rent out a hairdressing chair

Do you have an empty workstation in your salon? Would you like an extra colleague without the hassle of having employees? Consider renting out a workstation. By renting a space to a self-employed hairdresser, you can both get the most out of the arrangement. The self-employed hairdresser gets a place in an established salon with the equipment they need to run their business, while you get a new colleague who pays to work at your salon.

Where can you find a self-employed hairdresser?

There is no one-size-fits-all answer, but here are some good places to look:

  1. Facebook groups
  2. Instagram hashtags
  3. Industry websites such as Hair.dk
  4. Ask your friends
  5. Ask your clients
  6. Ask your employees

Refresh your salon (completely free?)

Renting out a workstation can also be a great idea if you are considering refreshing your salon. Let’s say you have 5 workstations and have fallen in love with a styling chair, but it is outside your budget. By renting out a space, you can often earn much more than it costs to finance the new chairs.

Example

  1. Let’s say you find the perfect chairs, but they cost DKK 50,000 excluding VAT.
  2. It would cost you approximately DKK 1,900 per month to finance them.
  3. Can you charge DKK 1,900 for a space in your salon?
  4. That sounds like a really affordable rent for a self-employed hairdresser.

In other words, you could buy furniture for DKK 50,000 and have your new colleague pay for it. Not literally, of course—the self-employed hairdresser pays you, and you buy the furniture.

Is financing risky?

In short: no. All leasing companies, banks, and so on must approve your credit before you can borrow money. They do this, of course, to protect their money as much as possible, but also to help ensure that you do not sign up for something you cannot afford to maintain.

Should you draw up a contract?

Remember to draw up a contract between you and the self-employed hairdresser. For both your sakes. As long as you are on good terms, there are no problems, but a contract that you both respect helps protect you if you disagree and decide to end the collaboration. P.S. Remember to specify that you are not employing the self-employed hairdresser. They are simply paying you to use the space.

Final thoughts

If you can earn more in “rent” or “chair rental” from a self-employed hairdresser than it costs you to buy new furniture, the new furniture is practically free for you. Use your empty space as an opportunity to bring in a self-employed hairdresser and increase traffic in your salon, while also buying your dream furniture.

Written by Rasmus Østergaard

Author at Just Add People

Meet the author

Rasmus Østergaard is editor and journalist at Just Add People. Rasmus is responsible for making useful information about the hairdressing profession and the beauty industry accessible to everyone.

Read more