How booked must a stylist be in order for renting a booth to be advantageous?

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A stylist should aim to be booked at about 70 percent capacity for renting a booth to be advantageous. At this level, the stylist can cover the costs of rent while still earning a reasonable income. Renting a booth usually involves paying a fixed amount for the space used, and if a stylist is only booked less than 70 percent of the time, it may become difficult to cover the expenses associated with the rental, as well as other overhead costs like supplies, utilities, and personal living expenses.

Being booked at 70 percent means the stylist has enough client appointments to manage and sustain the business without overextending themselves. Additionally, it allows for some flexibility in scheduling, enabling the stylist to accommodate last-minute clients or adjustments in their schedule without jeopardizing their financial stability. Therefore, reaching a booking rate of 70 percent is crucial for maximizing the advantages of booth rental while ensuring the stylist maintains a sustainable and profitable practice.

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