A Look Ahead
Co-working Spaces for Health and Beauty Professionals
A real estate model originally designed to meet the needs of startups
and freelancers is customized for the health and beauty industry.
By Ken McAllister, My Salon Suite
THE POPULARITY OF co-working
spaces has been on the rise for years.
Often viewed as a practical option for
startup companies or a temporary solution for business owners looking to
relocate, co-working spaces also make
great environments for long-standing
businesses. In fact, according to a
Huf;ngton Post article (“ 11 Incredible Coworking Statistics That Will
Make You Leave Your Cubicle,” January
14, 2015), 90 percent of business
owners who use a co-working space feel
more con;dent while working, and 68
percent are better able to concentrate.
Being surrounded in the workplace
by people with similar goals uplifts
people, encourages them and pushes
them to achieve greater success.
Co-working spaces work well for entrepreneurs in all industries. My Salon
Suite, a national franchise operation,
offers co-working spaces speci;cally
built for beauty and health professionals who want to own and operate
their own businesses without opening
a whole salon. At every My Salon
Suite, multiple entrepreneurs, known
as members, rent individual suites
and operate independent businesses
under one roof.
The model works well for both franchise owners and the beauty professionals who rent the individual suites.
My Salon Suite empowers both
groups of business owners to focus
on what they do best. After all, when
people are happy with their work
environment, their ef;ciency and
productivity typically increase.
Although all members have a private
space in which to focus on their indi-
vidual clients without the distractions
of a traditional beauty salon, they are
still part of a community of like-
minded professionals. Salon customers
enjoy the experience more than they
do traditional salon visits, and often
refer additional customers, thereby
allowing salon members to grow their
clientele. Members typically see a 10
to 40 percent sales increase in the
;rst year of business ownership.
Each salon location is between 4,000
and 8,000 square feet, depending
on the market. That space is subdivided into individual suites ranging
in size from 120 to 220 square feet.
This model allows for about 20 to 40
suites at each location. All suites are
fully furnished with the tools required
by its occupants. Cosmetologists,
All locations have upscale common
areas including a lobby, restrooms
and hallways. They also have security
systems in place that monitor the
common areas and suites. Once a
customer enters the front door, he or
she is restricted to the salon entryway
until a member grants the customer
access to a speci;c suite through
a video-intercom system. Members
have access to their suites 24/7.