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Old 06-12-2001, 04:31 PM   #8 (permalink)
Tanning Ace
Join Date: Dec 14 2000
Posts: 6
Rep Power: 0 Tanning Ace is on a distinguished road
Modular walls are key if you plan on being very successful, but are starting out small. Not too many people can afford to open up a new salon as big as they would like. Most settle for smaller or cheaper leased locations. Doing a buildout you have to have your money upfront for materials, labor, etc... Then if you outgrow your location, and move to a bigger location you just left a salon built for your competition. Not a good idea. With a modular wall setup, lease the walls, lease the building. When you move take the walls with you, they are not part of the building. Modular walls also provide you with a nice tax break also. Buildout becomes part of the building must be depreciated over 39 1/2 years. Modular walls are not part of the building and the cost can be depreciated over seven years. There are many positives to Modular walls that offset the added cost, so before you dismiss them too quickly check both sides of the fence. Definitely check out the IST article, they did a good job on that. ------------------
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