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Experience

  • I'm reaching out to the community for advice. My husband is a stylist and hairdresser. He owns a small salon where both he and I work. I act as the administrator, the cleaner and the accountant. I'm...

    It’s important for both you and your husband to recognise the value of your work in the salon. Here’s some advice to consider:

    Account for Salaries... Properly:
    You and your husband should calculate the salon’s income and expenses, including a fair salary for both of you. Treat your roles as paid positions—stylist and administrator/accountant/cleaner. This will give a clear picture of the true profitability of the business.

    Assess Profit or Loss:
    After deducting realistic salaries for both of you from the salon’s revenue, see whether the business is making a profit or running at a loss.

    If Running at a Loss:
    If the salon cannot cover both salaries, it means the business is not financially sustainable in its current form. Continuing without a proper salary is draining and unfair to you.

    Consider Alternatives:
    In this case, it might be better to look for paid jobs where you both can receive regular income rather than working unpaid in your own business.
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