It can sometimes be difficult to know where to begin when it comes to salon booth rental agreements. It is important to be proactive as a Rent a Chair stylist. Understanding the business world and tackling the task of interpreting a Lease are two of the best places to start your new journey.
Although there is always much to learn, independent operators will find it beneficial to have a legally binding, well-documented contract with their landlord (salon owners). This agreement is known as a sub-lease. It must be in place before it can happen.
A salon chair rental owner can offer you a sublease agreement before he/she has written authorization and approval from the manager or owner of the building.
Commercial tenancy agreements Acts regulate most retail commercial leases in certain states and countries. These Acts require that the lessee (owner) of the salon receives from the landlord or owner of the building all pertinent documentation. This includes a disclosure statement, tenant's guide, expenses budget, and a form for the lease.
If you intend to be with a salon for a prolonged period of time and feel that you can make a living from it, I recommend that you request to see the disclosure statement and sub-lease documentation of the salon owner.
A clause on subleasing should be included in the main lease. This allows the salon owner to sublease the space to you or to prohibit it. In either case, you will need to see another document or agreement that clearly states that the salon owner is authorized to sublease your salon.
After you have obtained a copy of the sub-lease documents or other relevant pages from your landlord's main lease document, your lawyer or business coach should take a look at them. Next, make an appointment to meet with a commercial tenant specialist at your local Small Business Development Centre. Next, you will need to negotiate your subleasing agreement.