Making the jump from employee to business owner can be a scary and somewhat daunting task. So many variables factor into the equation, like whether to be the sole owner and rent a suite or office or whether to go into business with a partner, perhaps several partners. An even bigger risk may involve opening a multi-service spa as an owner with employees. When spa businesses acquire staff members, will they be filed as a W-2 or 1099 employees? What is the difference? If spa owners take on opening a bigger space with rooms, will they rent some out? What booking software should be used, and does it include payroll, accounting, and marketing services?
So much thought goes into every facet of running a business, even things one might not immediately think of as concerns. It is important to fully grasp what it takes to open a business to prepare for a successful, smooth-running operation.
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Maxie Frericks has been a licensed aesthetician for over 16 years. Her highlights include being the lead waxer and trainer for three European Wax Centers in Manhattan, contributor for numerous skin care publications, judge for The 2019 Skin Games, educator for Face and Body Summit, and featured in ASCP 2018 Skincare Summit: Waxing Ageless Edition. Frericks has since transitioned into a business consultant for aestheticians and spa owners.