Specialist Accountants for Hairdresser
What does a hairdresser do?
As a freelance hairdresser, you’ll have to perform tasks including:
- Helping clients choose what hairstyle they want, based on their tastes and what you think would suit them.
- Cut, styling, and dying your clients’ hair.
- Advising your clients on the best ways to look after their hair.
- Work out prices for each of the services you offer, taking into consideration your wage and the cost of equipment.
Learning to be a hairdresser – training and qualifications
A qualification or working as an assistant in a hair salon are the two main routes to learning to be a hairdresser.
Some of the courses relevant to becoming a hairdresser are:
- Certificate in An Introduction to the Hair and Beauty Sector – Level 1 Award
- Certificate in Hairdressing and Barbering – Level 1 (NVQ) Award
- Diploma in Barbering – Level 2 (NVQ) Certificate
- Diploma in Hairdressing – Level 3 (NVQ) Certificate
- Diploma in African Caribbean Hairdressing – Level 3 Certificate
Many colleges offer courses in hairdressing. Ask your local colleges to see what they provide.
The skills a hairdresser needs to succeed
Here are a few skills and qualities that will make your career as a freelance hairstylist successful:
- A good talker: If you cut a client’s hair in a way they don’t like, they’ll be heartbroken, and won’t return. Listen carefully when they say what hairstyle they want.
- Creative: Often, a client won’t be sure what hairstyle they want. It’s your job as a hairdresser to give them some ideas.
- Good with numbers: You need to be able to price your services so that you earn a decent wage and are able to afford materials and equipment.
- Have a fashionable haircut: Having a fashionable haircut will show your clients you keep up to date with the latest trends in hairstyling.
Where does a freelance hairdresser work?
An employed hairdresser works in a hair salon.
You won’t have that option as a freelancer. You can either work from your home, or travel to your clients’ homes.
You’ll probably need to do a mixture of the two or risk missing out on some clients.
Finding work as a freelance hairdresser
To be a successful freelance hairdresser, you’ll have to spend time marketing your services.
Here are some ways to effectively market your hairdressing business:
- Set up a website: A professional website will make you look more credible, and is a great place to show your portfolio, talk about the services you provide and show how to book a session.
- Portfolio: A portfolio showing all your previous work is essential to growing a successful business.
- Business cards: Give them to friends, family, and any person you think could potentially be a client.
- Local advertising: Put advertisements in your local shops and newspapers. This is relatively inexpensive, and it allows you to target customers by location, which is especially important if you’re running the business from home.
Accounting as a freelance hairdresser
There are various benefits to freelancing as a hairdresser, from the freedom and flexibility to work with a variety of businesses and individuals to more take-home pay.
But there is one downside – accounting.
As a full-time employee, your tax is usually taken care of on your behalf in the form of PAYE.
As a freelancer you’ll have to keep a range of financial records and then prepare and pay a Self-Assessment tax return at the end of each business year.
Accountancy can be very confusing and can distract you from what you love doing.
Getting tax and accountancy advice
With most accountants, you’ll pay them to do your year-end accounts, and then they’ll forget about you until the next year.
But for your business to be run smoothly and successfully, you’ll need advice on tax and accountancy throughout the year, especially in the early days.
Pearl Accountants is different
Pearl Accountants provides an affordable and specialist accountancy service designed just for freelancers.
Throughout the year we’ll be on hand to give you any tax and accountancy advice you might need, including things like:
- Take-home pay
- Which VAT scheme to register for
- Tax allowances
- Choosing between sole trader and limited company
- Running your business in a tax-efficient way
We charge for our accountancy services in a clear and simple way, which means you’ll never receive an unexpected bill, and you can get in touch for advice whenever you want without the worry of being charged a fortune like you would with many other accountants.