10 | SEPTEMBER 2017 | NORTHWEST STYLIST & SALON |WWW.NWSTYLIST.COM
Mission: Business Beautiful
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HEREIs Your Livelihood At Risk?
In life we’re always at risk in some way, but we
continually make adjustments to lessen everyday
risks with hardly a second thought. These are
things like using pot holders to take things out of
the oven, wearing shoes, eating vegetables, main-
taining the tires on our cars, etc.
Part of being a smart professional is about
mitigating risks to your livelihood. When it comes
to our livelihood and the risk of losing our careers
as hairstylists, we often think things like proper
ergonomics and staying relevant with clients will
reduce the risk of a career ending too soon. But
there are far greater risks to our livelihood as hair
professionals than achy backs and stale skills.
There are three things that could literally end
your career this afternoon: the government, a
litigious client, and a lack of community support.
What are you doing to alleviate those risks? Here
are three non-negotiables every beauty profes-
sional can do to keep her/his livelihood intact and
all three are as simple as wearing shoes.
Run your business legally.
This should be a
no-brainer, but the number of beauty profession-
als practicing illegally is astounding. They may not
even know they are illegal — but ignorance is no
defense. Know your scope of practice, and for the
love of all that is good, stay within it! Read up on
your tax laws. The number of misclassified employ-
ees and independent contractors in our industry
puts a bright target on all of our backs for tax
audits. Keep your licenses current and salons com-
pliant with all state board and business bureau/
board/ community/ property rules in your location.
Licensed professionals deal-
ing with the public need to be insured — that’s all
there is to it. We live in a litigious society, and any-
one can sue anyone, whether it’s right or wrong.
You can lose your business, your home, your car,
and your tax returns, even have future earnings
garnished. Accidents happen, be it your fault or
not, and people get hurt, people get scorned, and
Protect your livelihood with liability insurance
to cover your professional, general, and product
liability. Regardless of where you work, it’s a smart
idea to have your own individual liability insur-
ance so you’re 100 percent certain your career is
protected. It doesn’t have to be intimidating to buy
insurance, and an individual policy for a hairstylist
is surprisingly inexpensive—especially when com-
pared to all the potential loss it protects you from.
A great route is to go through a professional as-
sociation that is looking out for your best interests
and knows what you need in an insurance policy.