A hair stylist is usually a sole proprietor who sets prices for services provided. Salon owners can expand services like waxing and makeup. They need to know the latest styles and trends. Sole proprietors do not offer liability protection. An LLC offers options like being taxed as a sole proprietor but also protects personal assets.
Mobile Hair Stylist Considerations
To become a mobile hair stylist: Decide on a base. Carry insurance if you have employees. Keep an eye on states requiring separate licensing for hair stylists versus cosmetologists. Those wanting to use chemicals need a cosmetology license. Coursework in colour theory is recommended.
Salon Roles and Business Growth
Typical salon roles include shampooist, often part time or weekends, receptionist, salon manager, hair stylist, and salon owner. A self-employed hair stylist can choose incorporation or an LLC but most operate as sole proprietors. Sole proprietors perform work under their own name. Independent contractors work for other companies.
Most small home-based businesses like financial planners, piano teachers, and photographers can be sole proprietorships. These can grow into large companies. To start one: choose a unique business name, get an EIN or use a Social Security number, pick a tax year, and register with state and local agencies.
What type of form of ownership is a hairdresser?
A hair stylist is usually a sole proprietor. Salon owners can expand services. Sole proprietors do not offer liability protection. An LLC offers liability protection but taxes as a sole proprietor.
To become a mobile stylist: Decide on a base. Carry insurance if employees. Keep an eye on states requiring licensing. Those wanting to use chemicals need a cosmetology license. Coursework in colour theory is recommended.
Typical salon roles include shampooist, receptionist, manager, stylist, and owner. A self-employed stylist can choose an LLC but most operate as sole proprietors under their own name. Sole proprietors perform work independently.
Most small home-based businesses like financial planners and photographers can be sole proprietorships. These can grow into large companies. To start one: choose a business name, get identification numbers, pick a tax year, and register with agencies.