Independent hairstylist in a rented chair or suite

Local adults and families who want regular cuts, color and styling, often rebooking every few weeks.

You set your own service prices and keep the income after paying weekly or monthly chair or suite rent, products and supplies. Tips and retail product sales add to it.

• Cutting, coloring and styling
• Building client relationships
• Booking and money management
• Self-promotion on social media

• State cosmetology or barber license, and whether your state requires a separate salon or booth renter license
• General liability insurance, and whether the landlord requires it
• Registering as a sole proprietor or LLC, getting an EIN and setting aside money for self-employment taxes
• Check your lease for notice periods and rules on products and hours
• Income depends on building a regular client base, so the first months may be slow

Startup costs are typically around $1,500 to $7,000, depending on the booth or suite rent and deposit, your tools and products, and insurance. These are estimates, so compare rents and lease terms in your area.

Monthly revenue is typically around $2,000 to $9,000, depending on your prices, hours and how quickly you build a regular client base. The first months may be slow, so plan some cash cushion.

Check your state cosmetology or barber license and whether a separate salon or booth renter license is needed. Also check general liability insurance, business registration (sole proprietor or LLC), EIN, self-employment taxes, and your lease notice periods.