What % is fair?

[Jordan K]

Well here is my situation,I've been offered the opportunity to do business with someone who is opening wellness center offering yoga, meditation, tai chi and massage to the business and private sector/individual.  I have freedom to  run the massage aspect of the business.  My quandry is, I don't know what I should be asking for perceneforum.xxxe wise in this type of situation  ???.  What would be fair to the either of us.Most of the initial setup will be purchased by the founder (table, supplies, etc.) marketing we will both do.  He is open to any ideas or suggestions that I have.What do you guys think?  Thanks for help.

 

[wyntur1]

Thanks Susana,These are good pointers/questions.  I did not have much of an idea where to begin to put it together.  You know  :-/ I will be responsible for laundry, oils.  I plan to ask that we have a washer/dryer on the premises (lugging and washing is not a fun chore for me   )It should not be a problem with having the receptionist set appointments but will discuss that I will be the only one using the room and have the option of renting/hiring/subletting to another therapist/sI will have access to the other facilities at the center this will be part of the "perks"I can bring my own clients and also marketing for new clients will be done jointly also; patrons referred for massage - they can purchase packages with membership.  I have to suggest/decide how and what the arrange should be for that (% or other)How will I be paid - the big question for me!  Should I ask to be paid as an employee or do a perceneforum.xxxe of what comes in for massage - which would be advaneforum.xxxeous in the long runI have the ability now to accept credit cards so that can carry over.  Also it should not be a problem either if the transaction was done through the main business and tracked and paid to me say on a weekly basis Thanks again for your response  

 

[Pump]

What % is fair?

are you able to just pay a base rent instead?

 

[mommy2b 7 days left :)]

Be careful when getting into a perceneforum.xxxe situation.  I say this from personal experience.  When I was first starting out, an established lmt offered to help me develop a client base within her office for a perceneforum.xxxe of the fees charged.  All I would have to do is show up and provide massages.  She would take care of marketing, providing clientele, sheets, a room, and a receptionist.  That sounded great.  The downside of it was that she wanted, and took, 40% of each massage session's fees upfront for herself......  that wouldn't have been too bad, except, for clients new to the practice there was an automatic $10 discount on either a half-hour or a one hour massage.  Then the 40% came off... some days I was lucky to go home with anything in my pocket at all.  AND, new clients didn't automatically end up in my book as they were supposed to, and the advertising was at her discretion and of her design... it didn't reflect who I was, or what techniques I used, etc.  Be sure you have all the tinies details ironed out before you agree to anything having to do with a perceneforum.xxxe of your fees.  Personally, having worked for a perceneforum.xxxe share, and then in a business where I rented a room and had to do all the booking, etc. myself, I would pay a rental fee before I would ever again work on a perceneforum.xxxe basis.Good luck with whatever decision you make.  

 

[Smoking Gun 420 <3 Alyssa]

Thanks for you suggestions, I have some ideas to work with.  I will be meeting with them this week so we shall see how this goes.  The flat rent idea might be a good option.

 

[elle.]

What % is fair?

I am leaning towards the preference of % at this point within the context of my involvement with a chiropractor's office. At present I pay rent. It simply is not an equitable and fair distribution of my time, labor and services. This month I barely made rent...and I did incur time, traveling, being available for appts. and massage. Some of the clients used 5 month old gift certificates from Mother's Day and some of my regulars were out of town...a few were a no-show. Time and labor did not meet financial expectations..and honestly...I hate to even be stressed over finances within the context and meaning of this work...but hey..there it is sometimes.. like it or not.I am going to call a meeting with the chiro and re-address the terms. I am now thinking 80% for me will work and compensate equitably for my time and efforts. The 20% for the chiro is a fair deal and will offer them more than just rent should my client appts go over a certain level per month (though truly - that is NOT, nor do I wish it to BE my focus..it will simply free me up to concentrate more on the work at hand and be justly compensated for the time and labor given within the "structure" of that environment.) It will also give them more motivation to refer more clients. But with the rent situation...even though I am independent..(which also has it's plus' and minus,) They really are not too invested in the clients I see...as they already have my rent. Now if their perceneforum.xxxe would increase due to more referrals, then it offers the opportunity to be a win-win situation. If they disagree w/ the new terms...I'm out. I do not like having to worry if I make rent or not...and I'm just not in that kind of flow yet to afford the luxory of NOT worrying about it at this time.This is only one of several different ventures which pertains to considering a %..and in this context seems appropriate.Each must consider what works best for their own individual situation and what they are willing to negotiate on behalf of their own interests. I am learning I need not "settle" for less than I think I am worth. There are just too much opportunities out there to develope to stay in ANY situation that does not value one's time, talents, and ability to work within a standard that values quality practices both given and recieved.

 

[Edwin]

Any % is inherently unfair. Does not matter the number - at some point you will resent paying more than before the more successful you get.But any % is inherently safe. You don't have to worry about making rent. If you discount, you share the cost of promotion.It is all about your tolerance of/aversion to risk.There is no answer -  it is up to you.