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If you’re a salon owner looking to rent out booths, there are some potential pitfalls you should consider. You want to make sure your business is profitable, so it’s important to know the common issues that can arise. Here are a few tips on how to avoid the pitfalls of booth rent as a salon owner: 1. Set clear expectations with your tenants such as rent due date, hours of operation and any other requirements. 2. Make sure you have all the necessary paperwork in place before renting out booths. This includes contracts and agreements that clearly outline terms and conditions between both parties. 3. Establish rules concerning clientele, products and services that tenants can provide in their booths, along with any other regulations you may wish to set forth.
Most salons fail because they lack foresight.