Grow My Salon Business Podcast

242 Is a Salon Partnership a Good Idea?

Informações:

Sinopsis

Recently I was asked by a young hairdresser whether or not I thought he should go into partnership with a friend and open a salon together.  Partnerships are one of the many subjects we cover in the online management course that is currently open for enrolment, but I think it’s a great question and will make a good podcast topic as well. Unfortunately, partnerships in small businesses don’t have a high success rate. In today's episode, I will cover some of the key elements that need to be put in place to give a partnership the best possible chance of success. In this Episode:[00:01:13] Introducing the topic of partnerships in the salon business and the importance of setting them up correctly.[00:01:56] Addressing the Reality of Partnership Endings[00:04:20] The importance of partners discussing potential challenges preemptively.[00:05:57] A list of the twelve potential challenges partnerships may face.[00:12:43] Advice for fostering successful partnerships, including open communication and mutual respect.