How do I keep artists at my tattoo studio from leaving when I sell?
Tell the artists before clients or the public do, listen to their worries, and let the buyer meet them early. Show what stays the same, such as space, pay arrangements and creative freedom, and put in writing anything promised. Treat their goodwill as part of what you are handing over.
Begin by thinking about why each artist stays. It may be the location, the clients, the independence, the other artists or you. Different people want different things, so a single speech seldom works. Plan individual conversations with the people whose departure would hurt most, and be ready to hear criticism you have not heard before.
Next, bring the buyer in. Let artists meet them, ask questions and see how they intend to run things. Artists often worry about rent changes, house rules, booking control and whether their style will be respected. Where the buyer can offer clarity on those points, get it in writing and keep promises small and real.
Then deal with the structure. Ask your lawyer how the sale affects existing agreements with artists, and whether new ones should be signed at closing. Consider who needs a hand through the transition and who might leave anyway. Have a plan for clients if someone does go, so the studio does not appear to be coming apart. Keep your word on anything you say now, because artists compare notes, and a single broken promise will travel through the studio quickly. Tell them honestly what you do not yet know, so they are not left to guess.
Key takeaways
- Speak individually with the artists whose leaving would hurt most.
- Let the buyer meet them early and answer their practical questions.
- Get promises about rent, rules and independence in writing.
- Prepare a client plan in case someone leaves anyway.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to reduce employee turnover
- 02Business Development Bank of CanadaIndustryHow to sell your business
- 03Business Development Bank of CanadaGovernmentWhat is succession planning?
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