Hairdressing is one of the many trades that can be performed at a client’s home. Hairdressers only need a pair of scissors, a small stock of products, a comb, and other accessories to cut and style a person’s hair. But is it worth it? Below, I go over some of the pros and cons of mobile hairstyling and perhaps discover some little-known truths.
I hope this article is useful for someone who is thinking of getting started in mobile hairdressing and helps them to assess which is the best route to take by salon or mobile.
So you have a car, you have all your tools on a customer list, and you decide to dive into the flexible work of being mobile. Can you book clients when you want, most of which will allow you to get up late and get home early?
First of all, today if you use a car for business you must have the correct insurance, this will often incur a higher premium. There could be an argument that the car is insured for “personal” social and pleasure use only and that if you were in an accident, would you simply say you were visiting a family member? Insurance companies are tightening their belts more and more and looking for people out of reach of this may ask you to show them where you are on vacation, work or travel test.
Working hours
While mobile technology has a degree of flexibility, it is not often that what actually happens is that customers require you to avoid them even more than your mobile phone. Some clients see this as being flexible and free not to be tied to a salon. This means later at the homes of people who ride through rush hour traffic and come home late at night after late night hair calls.
Taxes and VAT
If your earnings exceed £ 68,000 accumulated (ongoing), you are subject to VAT at the current rate (currently 17.5%) on all hairstyling services for the client. This dramatically reduces profits plus the addition of personal taxes to the rate and the cost of materials means a large reduction in margins.
The hairdressing industry is currently pushing for the VAT rate to be lowered to 6% for hairdressing and beauty services. To try to increase margins and there is also the argument that hairdressing is a necessary service, we cannot all walk with long hair down to our feet or do it ourselves.
conclusion
When setting up in any business, there are two basic things to do before taking the risk: –
Do your research
This is the most important part before starting a new company and it is also the part where most people go wrong in part because of their desire to live the dream. Be tough on your plan, scrutinize the competition, how many, what, why, where and how. Also look at the possibility of future competition and the threat of shrinking your market.
Costs
A lot of people don’t really analyze costs, when I mean costs I mean actual costs down to the last penny, here’s an example.
Car payment expenses, car taxes, insurance, fuel, wear and tear, cost of equipment and stocks, normal wear and tear of equipment, necessary taxes. Add all of this up annually and then monthly and dig in daily, this will give you an idea of where to start.
Best of luck