242 Is a salon partnership a good idea?

Recently I was asked by a young hairdresser whether or not I thought he should go into partnership with a friend and open a salon together.
Partnerships are one of the many subjects we cover in the online management course that is currently open for enrolment, but I think it’s a great question and will make a good podcast topic as well.
Unfortunately, partnerships in small businesses don’t have a high success rate. In today's episode, I will cover some of the key elements that need to be put in place to give a partnership the best possible chance of success.
ncept can only be discovered when you know the right questions to ask!
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📖 CHAPTERS
You can jump to these key moments:
[00:00] Intro
[00:01:13] Introducing the topic of partnerships in the salon business and the importance of setting them up correctly.
[00:01:56] Addressing the Reality of Partnership Endings
[00:04:20] The importance of partners discussing potential challenges preemptively.
[00:05:57] A list of the twelve potential challenges partnerships may face.
[00:12:43] Advice for fostering successful partnerships, including open communication and mutual respect.
🌟 LINKS & RESOURCES
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🎧 AUDIO PODCAST
You can also listen to the podcast on our website or search Grow My Salon Business on any of your favourite podcast apps.
Website - growmysalonbusiness.com/podcast/
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