The Ledger
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Barbers are uniquely equipped for pandemic sanitation protocols
“I would say that barbers are probably one of the few Types of professionals that are very well equipped in this new environment because they actually go to school for this. In order to get a barber license, you have to study, you know, disinfecting and taking …”
Some cash-only barbershops refuse cards to avoid paying taxes
“So the shops that are cash only, there will be some segment that just doesn't want to pay taxes, quite frankly.”
It is a better time than ever to be a Black entrepreneur
“I do think that the tides are changing, especially recently with increased attention to the plight of black founders and black people in general. So I think that now is probably a better time than ever to be an entrepreneur, a black entrepreneur.”
Squire charges shops $100-$250 monthly plus a $1 consumer booking fee
“The main way is from handling the payment processing. So that, that's really core to our business. There's a subscription component. So the shops that use our platform will pay a hundred dollars to two 50 a month. And then there's a customer booking fee. So if…”
Squire's revenue essentially dropped to zero in March and April 2020
“March, April, you know, our revenue essentially went to zero.”
Squire waived subscription charges for all customers through October 2020
“And we also decided to waive all of our subscription charges to current and new customers until October, because we knew that their revenue was also going to go to zero.”