#310 - Pros & Cons of Salon Partnerships

If you're considering a partnership with your salon business, think carefully, because research shows that about 70 percent of business partnerships fail. That is why for this episode, I want to share with you the common pitfalls to avoid, while giving you all the pros and cons to be aware of with this sort of arrangement.  At some point you are going to decide to go separate ways with your partner, and you'll want to decide what that is going to look like now, so that when this time comes it's not a surprise. I hope this helps you understand some of the ins and outs with partnerships, and if you have any questions or feedback on this topic reach out and let me know!  To get Wealthiest Year Yet, the industry's # business planning system to help salon owners increase income, productivity and free time, go to https://thrivingstylist.com/wealthiestyearyet. Do you have a question for me that you'd like answered in a future episode? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast, and let me know what you think of this new format too while you are there!  If you're not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You're not going to want to miss out on this… For years, Vagaro has been one of my absolute favorite business management software tools. That's why I'm so proud to say that some of our episodes are now powered by Vagaro! Learn more about Vagaro by clicking the link below! https://bit.ly/3QEbyds   Learn more at: https://thethrivingstylist.com/podcast/310