Top 10 Questions: Will My Franchise Make Money?

Posted by Jim Otto on Wed, Apr 12, 2017 @ 12:04 PM

makemoney.jpgI know what you're thinking. If I buy a franchise, will my franchise make money? Here are 10 tips to get through the "clutter" of franchising information and increase your odds of franchise owner business success!
 
1. What do I Enjoy: Make sure you sit down and analyze yourself. Choose a business that you can see yourself doing, enjoying and excelling at. 
 
2. Avoid Fads: Make sure the business you choose is sustainable, creates a reoccurring revenue model and is a valuable and needed service.  Will this business be around in 5 or so years?
 
3. Be Wary of Sales: Franchises that have lots of existing units for sale could be troubled. If it's such a great business to get in why are people getting out? Check websites that list franchises for sale.
 
4. Use a Scam Filter: Google the name of the franchise and the word "scam". This may lead to complaints. All franchise systems have a few unhappy franchisees, the key words here is "a few"!
 
5. Make Sure the Franchisor is Running the Concept: Yes, you heard me correctly, many franchisors are not currently running their own concept and some have never run the concept! If the franchise needs to test market a new product or service, then guess who the guinea pig is? 
 
6. Happiness Counts: Franchisors will almost always guarantee you great service and support. Call the franchisees, if they aren't happy, chances are  you probably won't be either, and vice- versa.
 
7. Is the Business Model Sustainable: I already talked about avoiding fads but that is not what I am talking about here. I am talking about spotting consumer trends and if the concept will pass the test of time or can it be replaced by something like the intranet? (think video sales)
 
8. Study the FDD: Item 7, the cost to build out and Item 19, the financial performance representations are important, but so is the Item 20 which will give you a history of how many units have closed. If you are one who really hates surprises, then look at the Item 6 and what additional fees you may be paying. 
 
9. Go to Discovery Day: In my humble opinion the best money you will ever spend is before you buy a franchise. Did you meet your spouse before you married them? You are entering into a business agreement with someone who is agreeing to give you the training and support you need to succeed, so go meet these people and see if they are the kind of people you want to have a long term relationship with. 
 
10. Run the Numbers: You know, I am amazed how many people never run the numbers. You should be able to look at the item 19, or call the franchisees, and get enough numbers to run a proforma. Make sure you don't have unrealistic expectations and understand what you will make if you own a successful location.
 
I hope these tips help and you can become as successful as our franchisees at Shear Madness Haircuts for Kids! Meet some of them by reading one of our recent articles (right here) that shares a little bit about who they are! Additionally, Shear Madness Franchising franchises Shear Madness Haircuts for Kids salons. We have worked with franchise stores in providing franchisee support (in order to encourage continual growth and business success), and have sometimes seen the unexpected happen!  When it does, we help by identifying and helping with challenges that might arise for franchisees. Additionally, we work to present options that can help prevent these events as well. As many franchise owners may not have opened a business before, having someone who can advise them is a significant advantage of franchise ownership!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salons in the industry today! If you would like to learn more about this franchise opportunity or small business marketing, great marketing strategies, resources for small businesses, how to grow your small business or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD

Exploring a Children's Salon Franchise

Topics: buying a franchise, franchise opportunity, successful franchisees, nourishing success, franchise research, evaluating a franchise, franchise ownership, business success

Generation X and Franchising

Posted by Matthew S on Tue, Apr 11, 2017 @ 16:04 PM

GenX.jpgBorn between 1965 and 1980, Generation X is sometimes considered by some to be an "overlooked" generation in the face of Millennials and Baby Boomers. However, with many Gen X'ers now in their late 30's and 40's, many consider this demographic to be amongst some of the most capable and qualified when it comes to small business ownership. Check out the following four reasons why Generation X may have the potential for greatness when it comes to franchising!

1. Generation X has the experience to succeed. Many people belonging to this age group have been through a variety of business experiences, and have often times had to learn to be quick on their feet in order to stay ahead of the crowd. For example, during the recession of 2008, many had to pursue new training or new business opportunities as a result of lay-offs. Additionally, throughout their career, Generation X has witnessed significant change in the business world - what with the rise of social media, the internet and utilization of different marketing techniques in order to succeed. They may have an acute and insightful perspective on what works, and what doesn't. 

2. Generation X is well established. Investing in a franchise or building your own small business requires good financial stability and experience. Often times having worked at saving for around 20 years, coupled with the uncertainty of social security or corporate retirement benefits, Gen Xers have had to sometimes think outside the box about their own financial futures. Many within this age range also have a working spouse, which adds to the financial stability (and capability) when it comes to franchising and small business development.

3. Gen X relates well to both older and younger demographics. Having grown up in an age when the internet and social media wasn't around, Gen Xers have often times figured out how to develop solid relationships with older people, while also connecting with younger people. For instance, the people of this demographic didn't have facebook or twitter in order to connect with their friends - they actually had to speak with others on the phone or in person (just like their baby boomer parents). But Generation X also came of age during the internet revolution, and understands how to effectively use social media to communicate as well. As a result, Gen X may posess a keen ability at relating to multiple generations of customers and staff.

4. It's all about the freedom! Every generation is known for shaking things up, and Generation X is no different. Often times having grown up with two working parents in their household, and having to come home from school to an empty home, Gen X learned from an early age how to take care of themselves. As adults, they now enjoy that freedom and flexibility in work life too, and are often looking for opportunities to escape "working for the man". But not only that, they - like many Millennials too - are looking for meaning in their work, and the freedom to make decisions and benefit from their talents and experience. Franchising can be one of the more ideal pathways to achieve this goal, as using an established system helps ensure business success over the uncertainties of building a business on your own.

Shear Madness Franchising franchises Shear Madness Haircuts for Kids salons. We have worked with franchise stores in providing franchisee support (in order to encourage continual growth and business success), and have sometimes seen the unexpected happen!  When it does, we help by identifying and helping with challenges that might arise for franchisees. Additionally, we work to present options that can help prevent these events as well. As many franchise owners may not have opened a business before, having someone who can advise them is a significant advantage of franchise ownership!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business that provides a positive experience in helping children and their families? We are one of the fastest growing kids hair salons in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, how to grow a small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD!

Exploring a Children's Salon Franchise

Topics: franchise buyers, franchise opportunity, franchising, franchise ownership, business success, business ownership, Generation X

Meet Seven of Our Franchise Owners!

Posted by Janon Otto on Thu, Mar 16, 2017 @ 13:03 PM

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The past several years have been EXCITING years for our team! Owning and operating a kid's shear madness salon franchise has it's share of hurdles and challenges, but we maintain a positive attitude and outlook as we keep pressing forward! It has been fun to see all our hard work paying off as we now celebrate having 10 locations open (with more on the way)! Our incredibly COOL salon concept for kids has franchise locations now in Lees Summit MO, Albuquerque NM, San Antonio Texas, McAllen Texas, Amherst New York, Humble Texas, West Des Moines and Ankeny Iowa and a NEW location in Lake Forest, California - all thanks to our dedicated and enthusiastic franchisees and our team. Now we would like to take a moment and recognize some of our fabulous franchise owners and their families. To our ever growing Shear Mad-tastic Family - here's to you!

Shear Madness Franchise Owners

TDanni.jpgTodd Danni: Todd has spent a career developing and managing a real estate portfolio in Buffalo, New York. In addition, Todd and a partner developed a successful Fitness Concept from two million in revenue to over 18 million when he was in his twenties. Most recently, Todd signed an Area Development Agreement to open multiple locations in New York State, Pittsburg, PA and Cleveland Ohio - with his first store opening in Amherst, New York! “We are excited to bring Shear Madness Haircuts for Kids to the East coast,” said Todd Danni. “We feel like Shear Madness has a unique business model and we look forward to expanding the concept in the northeast.”  Todd is opening his second location in August of this year!

AndrewMary.jpgAndrew and Mary Elmasri: Andrew and Mary signed an Area Development Agreement covering 5 counties in Southern California, with their first store opening in Lake Forest, California! Doctor Andrew Elmasri of Lake Forest, California, is a managing partner of California Children’s Salons, LLC and President of CA Anesthesia of Laguna Niguel California. “We have a growing demographic of young families in Southern California, and we are excited to bring the unique concept Shear Madness Haircuts for Kids offers to this area,” commented Elmasri. “After visiting with management in Kansas City earlier this year, we feel like the opportunities for positive expansion is a great fit for our area.”

Jperkins.jpgJackie Perkins: As a former supervising manager of a Fortune 500 company in the Oil and Gas industry, Jackie was interested in more than just a business - she was looking for an opportunity to use her talents and business skills. Several of Jackie’s friends owned Franchises, which gave her added motivation to start her own business. Drawn to Shear Madness Haircuts for Kids for their fun and positive model, Jackie now has her own amazing store in the Humble/Kingwood, Texas area! Jackie is having fun with her new location and currently has her eyes on a location for her second location!

Picture 1Brenda and Eduardo Morales: Our very first Shear Madness franchise owners, this couple opened their first salon in San Antonio TX at the Village in Stone Oak in San Antonio, TX in November 2012. Brenda and Eduardo have faithfully endured many of the early franchising growing pains with good humor and a willingness to learn. Their store has steadily seen growth despite the tough competition in their area. Their birthday parties have been a very successful addition to their haircutting business. We are so grateful for this caring, enthusiastic, and extremely hard working couple.

michelle webMichelle and Tom Vick: This couple came to us in 2012 looking for an opportunity to grow our concept in a brand new market in Albuquerque NM. To our delight, Shear Madness in Albuquerque, NM opened in October 2013 with much local anticipation and enthusiasm! Their salon is steadily growing, and with the help of their Fantastic Staff they are successfully building a great reputation with their local people. They also own a construction company. Shear Madness provides diversity to their income.

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Elsy and Jorge Garcia : Owners of the Shear Madness at the Forum in San Antonio, TX, this couple moved to the United States from Monterrey, Mexico. Opening their first Shear Madness location while moving their family and and enrolling 4 children in school was challenging - but worth the effort. They have a super location in a high traffic area with fantastic stylists! Their store has been converted completely from a previous children's hair salon into a fantastic Shear Madness Haircuts for Kids!

erin signErin Nanke: Erin was a full time marketing executive for a large television station and owner of our new location which opened November 2013 in West Des Moines, IA! Her store sits across from Jordan Creek Mall in West Des Moines, and across from the popular local favorite Scratch Cupcakery. Partly due to her incredible location and partly to her mega marketing skills, this franchisee is building her salon into "the place to be" in Des Moines, Iowa! Erin also opened a second location in Ankeny, Iowa! We are honored to have such knowledgable and determined franchisees on our team.

Our Franchisees in McAllen TX: This young couple was super excited to open their first Shear Madness in McAllen, TX! They have a beautiful store that not only offers great haircuts - but cool retail too! It's definately the destination for lots of kids and their parents in the McAllen/Edinburg area. Be sure to check it out!

jimandjanonJanon and Jim Otto: This extremely hardworking husband and wife duo diligently work behind the scenes not only as Shear Madness franchisors, but as salon owners as well! They opened their first location in Lee's Summit, MO in May 2013, and have been successfully building their salon business since. This Madtastic couple sells, supports, oversees, and executes every aspect of Shear Madness Franchising, LLC. No detail is too big or too small for the Otto's. Jim and Janon strongly believe in the kid's hair salon concept and the future of Shear Madness.  The Otto's have just signed a lease to open their second location in Liberty, MO - so look for that in early summer!

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Paula Thurman (far right): The mother and founder of Shear Madness Haircuts for Kids, Paula Thurman has built her kid's hair salon and boutique concept to be what it has become today. As owner and operator for over 18 years, she is an expert when it comes to customer service, managing employees, payroll, retail, and many other salon related issues. Paula personally oversees all training for new franchise locations and their employees. She is committed to the success and vision of becoming the very Best Kid's Hair Salon Franchise - "The Standard by Which All Others are Measured!" Paula co-owns the original Shear Madness Haircut for Kids, Olathe, KS location.

Would you like to sign up for our Monthly newsletter? If so, click HERE!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salon franchise systems in the industry today! If you would like to learn more about this franchise opportunity or small business marketing, great marketing strategies, resources for small businesses, how to grow your small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD

Exploring a Children's Salon Franchise

Topics: kids salon franchise, salon franchise, franchise buyers, buying a franchise, franchise opportunity, what is a franchise, how to buy into a franchise, Small Business Franchise Information, business growth, franchise growth, evaluating a franchise, franchise ownership, business ownership

March Newsletter 2017: Spring into Shear Madness!

Posted by Matthew S on Wed, Mar 1, 2017 @ 12:03 PM

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St. Patrick's Day is Friday, March 17! Here at Shear Madness Haircuts for Kids, we're "springing" into fun with a ton of cool activities and special sales for the whole month of March! For example, don't miss out on our DIY Nail Stations on the 16th & 17th. PLUS if you show us some GREEN and buy something GREEN - you can save some GREEN too! On March 16 and 17, if you have green in your clothing and buy something with green in it - we'll give you 15% off that item (at participating locations)! And don't forget, March is Spring Break and SUNSHINE - we have Sunglasses of all shapes & sizes, and most all styles are less than $10!

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FREE DIY Nail Stations! On Thursday, March 16 and Friday, March 17, be sure to stop by your Shear Madness and check out our FREE DIY Nail Painting Stations! Kids and their parents will love getting those finger nails painted up for St. Patrick's Day! Don't miss out - be sure to get it on your calendar! It's going to be a lot of fun (at participating locations)!

 National Girl Scouts Week

madfun.jpgWe Salute the Scouts: Did you know that the 2nd week of March is National Girl Scout Week? Did you also know that if you wear your Girl Scouts or Boy Scouts uniform (or just bring in your sash), you can get 10% off any retail purchases all month long? That's just awesome! And remember, Camp Fire girls are not left out either - if you belong to this organization, we'll honor those sashes too! Plus, your local Shear Madness just might have a cool class for you to earn a Girl Scouts Badge! To find out if your location is participating, click here for location and contact information!

NEW! Redesigned Franchise Toolkit!

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Are you interested in how you can make a positive difference in the lives of children and their parents through a Shear Madness Haircuts for Kids franchising opportunity? If so, don't miss our amazing Franchising Toolkit! Recently updated, this resource is filled with crucial franchising information, color photos of our award-winning concept, franchisee reviews, customer reviews and more! Just click "franchise opportunities" (don't worry, it's a free download), or contact us today at 1-888-98 GONE MAD!

Social Media & Coupons!

socialmediaicons.jpgCheck out Our Online Place for FUN! Our super cool Facebook  page is home to funny jokes, awesome customer feedback, great photos from our model contests and much more! Also, don't forget about our InstagramGoogle+ and Twitter  pages - as well as our MADTASTIC Franchise Blog! And of course, don't miss out on some of our favorite Shear Madness pins this month on Pinterest! 

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A Pot of Gold FULL of Savings! If you've been on a quest to find that elusive pot of gold at the end of the rainbow, then you may find what you're looking for at Shear Madness Haircuts for Kids! Check out some of our "golden" deals on our coupon page! For example, how does $2 off a Baby's First Haircut Package sound? Plus, since green is the theme this month, all apple or tea tree scented Circle of Friends products are 20% off this month only! For this and more great offers (at participating locations), click coupons!

Our Favorite Kids Crafts for March!

SMshamrock2.jpgSt. Patty's Day Crafts for Kids: Celebrate St. Patrick's Day with some fun kids crafts! Check out our cool Crafts for Kids section on Pinterest, and learn how to make St. Patrick's Day punch for kids, a stained glass four leaf clover, a shamrock man, Leprechaun toilet paper roll hats, paper plate rainbows, St. Patricks Day cookies, and St. Patty's Day bingo! Have fun, and have a great March! 

Shear Madness Haircuts for Kids - Where Every Child Matters!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salon franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, how to grow your small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD

Exploring a Children's Salon Franchise

Topics: franchise opportunity, newsletter, kids crafts, franchising, kids hair salon

February Newsletter 2017: Make it an Extra Special Valentine's Day!

Posted by Matthew S on Wed, Feb 1, 2017 @ 12:02 PM

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A Great Valentine's Gift! Our Daddy Daughter Makeovers or Mother Son Fun Valentine's Package makes such an awesome valentine's gift - or gift for any other special occasion! And right now, it's at a special price of only $29.95! The Daddy Daughter package includes one Diva Day and a FREE certificate with 4x6 photo. Our cool Mother Son Fun Package includes a boy's haircut with fun color (mom gets matching color in her hair) and a fun keepsake 4x6 photo! Call to schedule your appointment now (at participating locations)!

SMheart.jpgDiva Day & Mad Manes Gift Certificates! Great for birthdays, holidays, or any other fun event, our amazing Diva Day and Mad Manes gift certificates (for the boys) are a perfect surprise! These certificates include $10 of purchases from our FUN Toy & Bow Boutique, as well as a Diva Day (mini makeover) - or kids haircut & colored stripes for the boys. So if you'd like to treat your kids to an experience they will long remember, be sure to ask your local store about Diva Day & Mad Manes Gift Certificates

Fall in Love with a Shear Madness Franchise!

SMheart2.jpg2016 was a great year for Shear Madness! We had strong revenue growth in our franchise system and concluded the year with lots of momentum going into the New Year. However, what we're most thankful for is our fantastic franchisees and how together we're building on our Core values and carrying forward our message that at Shear Madness Every Child matters. If you are looking for an opportunity to franchise with one of the fastest growing kids hair salon franchise systems around, check out our Franchise Opportunities!

Positive Social Media Fun & Great Coupons!

socialmediaheart.jpgPositive and Fun all Month Long! Are you looking for a fun and positive place online that helps brighten your day? If so, you'll LOVE our funny jokes, awesome customer feedback and more - and it's all happening right now at our amazing Facebook page! And if you want even more Shear Madness, be sure to check out our constantly updated Franchise Blog, InstagramGoogle+Pinterest and Twitter!

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Fall in Love with our Coupons! Do you LOVE saving money? If so, you'll love our great offers available on our coupon page! For example, one of our coupons is for a "Buy 2 Get 1 Free on all BOWdacious Bow Hair Bling"! WOW! So if you're out shopping for your Valentine, birthdays, or another special occasion - don't miss all those great deals you’ve been waiting for over at the Shear Madness Haircuts for Kids coupon page!

Valentine's Crafts for Kids

valentinetree.jpgValentine's Holiday Crafting! Don't miss our cool Crafts for Kids section on Pinterest, where you'll learn how to make a flowering heart tree (as seen at right), cute love bugs, a "bee" mine valentine decoration, handprint frames, a funny Valentine's character made from a red cup, DIY owl treat bags, candy filled valentines, fingerprint heart ornaments and much more! Have fun, and have an extra special Valentine's Day!

Shear Madness Haircuts for Kids - Where Every Child Matters!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salon franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, how to grow your small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD

Exploring a Children's Salon Franchise

Topics: franchise opportunity, newsletter, kids crafts, daddy and me, gift certificates, kids hair salon

Consumer Trends & Franchising - Franchise Buyers Beware!

Posted by Jim Otto on Fri, Nov 11, 2016 @ 12:11 PM

consumertrends.jpgThere's an old adage on Wall Street, "The trend is your friend". The same can be said for franchises and the customers they are trying to attract. Wayne Huizenga, owner of the Miami Dolphins, is a brilliant business man worth billions of dollars. When building his Blockbuster video chain in the 1980s, he was unaware that the 1990s would usher in  a new and deadly competitor called the internet. Services such as in-home and on-demand movie ordering services, along with Netflix, Redbox and others would soon spell doom for Blockbuster - which eventually took Chapter 11 bankruptcy in 2010.

So how do you spot consumer trends? One way is to constantly keep up with all the new technologies available and to try to always stay ahead of the newest and latest trends. May I suggest a simpler strategy, which is looking for services that consumers consider necessary and that are irreplacable. Several examples of these types of businesses would be haircare, senior or child related services or restoration companies. Take our business at Shear Madness Haircare for Kids, where we provide a service for busy parents that cannot be replaced by the internet! Further more, Shear Madness Franchising LLC franchises Shear Madness Haircuts for Kids salons. We have worked with franchise stores in providing franchisee support (in order to encourage continual growth), and have sometimes seen the unexpected happen!  When it does, we help by identifying and helping with challenges that might arise for franchisees. Additionally, we work to present options that can help prevent these events as well. As many franchise owners may not have opened a business before, having someone who can advise them is a significant advantages of franchise ownership!

Another good question to think about in regards to the potential long term growth of a business is to ask the following: What do people consider a necessity rather than a luxury? Or put another way, if the economy slows down or even goes into a recession, will my franchise business survive? One example of this is how haircuts are something that most people consider a necessity and not an option, and no matter what the economy is doing hair is always growing - and it always needs to be cut! Child care is another one. People will always have a strong desire to have a family. If people spend money on anything in good times or bad, they will ALWAYS spend money on their kids. We can probably all think of companies like Blockbuster whose products have either gone out of style or are no longer relevant. Another example is Borders. Borders book stores unfortunately didn't keep up with Amazon's online book stores, and recently closed most of its locations as well.  Again, it's hard to imagine a time when hair care is no longer a need - no matter what happens with technology.

Shear Madness Franchising LLC, was founded in 2010 to expand the Shear Madness Haircuts for Kids concept that was originally opened by Paula Thurman in 1997. Combining the magic of childhood with kids haircuts, parties, salon services and a fantastic kids boutique filled with toys, hair products, jewelry and more, Shear Madness currently has franchise locations open in Kansas, Missouri, Texas, Iowa, New York and New Mexico. For additional information, please click on our franchise buyer's toolkit below!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own  small business? We are one of the fastest growing kids hair salons and franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, business tips, franchise opportunities, how to grow your small business, or how to become a owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD!

Exploring a Children's Salon Franchise

Topics: franchise, franchise opportunity, growing a small business, business growth, franchising, franchise success, consumer trends

November 2016 News: Thanksgiving at Shear Madness!

Posted by Matthew S on Wed, Nov 2, 2016 @ 14:11 PM

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Gobble Gobble! Special November Sales! For Thanksgiving, we've got some exciting sales sure to help get you in the holiday spirit!  At participating locations, did you know that during the month of November, if you spend $50 in retail - you'll receive 40% off a Toys for Tots donation? And don't forget that our Diva Day Makeover Package (which includes a Diva Day, Bowdacious jewelry item of your choice, and Photo Certificate) is now $29.95! Also, right now we have a pretty awesome 10% off select plush. Wow! And then with a gift certificate purchase of $35 or more, Shear Madness will donate a Toy to Toys for Tots!

batsWe're Thankful for YOU! Don't forget that your local Shear Madness Haircuts for Kids will be closed on Thanksgiving Day (Thursday, Nov. 24). But we'll be back on Friday and ready for all your great haircutting needs - along with cool educational toys, jewelry, hair care products, madtastic accessories, parties, gift certificates (which make a great present for Christmas), ear piercing and much, much more! From all of your friends at Shear Madness Haircuts for Kids, we wish you a Happy Thanksgiving!

blackfriday16.jpgShear Madness Black Friday Sales!  This is one of the most exciting days of the year when it comes to finding a great deal - which is why you definitely won't want to miss out on some truly Madtastic specials at Shear Madness Haircuts for Kids (at participating locations)! Be sure to keep an eye on that e-mail inbox as we'll be sending you the details SOON on these special sales. Then, you'll want to be sure to come by on Black Friday to experience this amazing sale  - no camping necessary! Click here for locations and contact info.

Shear Madness Adding New Stores!

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Shear Madness is Growing! Shear Madness Franchising announced recently the opening of additional locations in the Houston Texas and Orange County California markets. Jacqueline Perkins of Humble Texas and Dr. Andrew Elmasri of California Children’s Salons LLC will become Franchisees in those markets with locations opening this fall. Read more about this exciting development right here! Also, if you would like to learn more about the possibility of opening your own awesome Shear Madness Haircuts for Kids location, please check out Franchise OpportunitiesAnd if you're interested in our other free resources for businesses, or would like to learn more about how to become a successful owner of your own kids hair salon franchise business, check out our blog or call 1-888-98 GONE MAD!

More November News!

socialmediaicons2.jpgYour Destination for FUN!  We've been busy sharing funny posts, cool photos, great customer feedback and the latest in cool crafts and other fun stuff (for both kids and parents)! Check it out at our rapidly growing Facebook page, as well as our favorite Shear Madness pins this month on Pinterest! Also don't miss the excitement on InstagramGoogle+  & Twitter! Meanwhile, if you're looking for informative articles on franchising and how to achieve business success, don't miss our Franchise Blog!

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A Special November Coupon! Thanksgiving is a time for giving thanks, and you might find one more reason to be thankful with our great coupon for November! Head over to our coupon page for an AWESOME special on ear piercing. What is it you ask? How about if you get your ears pierced at Shear Madness, you'll get $5 off an additional pair of Tiny Tips or Sensitive Earrings (at participating locations). Wow!

Thanksgiving Kids Crafts!

turkeybook.jpgGet Crafty this Thanksgiving! Check out our crazy cool Thanksgiving Crafts for Kids section on Pinterest, and spend an hour or two with the kids making decorations for Thanksgiving! Learn how to how make a Thankful Turkey Book (as pictured at left), a cheery Thanksgiving door, a bunch of Thanksgiving color sheets, the "Roll a Turkey Children's Game", Thanksgiving snack bags, melted crayon pumpkins and funny paper bag turkey puppets! 

Shear Madness Haircuts for Kids - Where Every Child Matters! 

Exploring a Children's Salon Franchise

Topics: franchise opportunity, Shear Madness Haircuts for kids, newsletter, kids haircuts, kids crafts, coupons, thanksgiving, Ear Piercing

The Big Red Flag of Franchising!

Posted by Jim Otto on Sun, Jul 17, 2016 @ 22:07 PM

Bigredflag.jpgPeople are requesting information about our franchise on a daily basis. The two most often asked questions I get are, “how much does it cost?” and “how much can I make?” These are questions that most interested franchise buyers have the right to know. If I may, I'd like to offer prospective buyers a question that would answer the other two and save everyone a lot of due diligence and research. You see, I think the most important question that franchise buyers should ask is, “How many of your locations have closed?”

Closing locations are the BIG RED FLAG of franchising. Why? Closing locations are a sign of several franchising problems.

Number one (and the one most people don’t ask enough) is that closings are caused because the franchise may not make enough money. This may not even be the fault of the franchisor, it’s just that it may not be a franchisable business model with enough demand from its customers. Remember: most franchising systems need several key components to be successful. The system must be easily taught to someone else, and that person in turn can teach it to someone else. Most successful franchising models create a recurring revenue model that continuous to expand and produce more and more revenue over time. That’s called scalability.

Number two is that closed locations can be a sign of poor support and training. Franchisors that don’t properly train and then support their franchisees usually suffer from lots of closed franchise locations. Running a business is hard and franchise systems that don’t help get their franchises “over the hump” and through the most difficult part of business, the startup, usually have closed locations.

So how do you know how many of a franchisor’s locations have closed?

The FTC requires that a franchise list all of their closings in the back of their Franchise Disclosure Document (also known as the FDD). If there are no closings listed, then make sure that you ask the franchisor to make sure. Under the FTC’s guide for buying a franchise, which you can find online, they'll say that if the numbers show that more than a few franchised outlets have closed, transferred to new owners, or transferred to the franchisor - then it could be due to problems with the franchsor’s support or because franchises aren’t profitable. 

This is not to say that there is a franchising system that exists with no closings. All franchising systems have locations that close. Running a business is hard and it takes lots of time, effort and perseverance to succeed, no matter how good the systems are. Plus, many people just lack the skill it takes to run a business. But if it were me, I'd always be sure to ask the question, “how many of your locations have closed?” Asking that one question will save you a lot of time and money!

Shear Madness Franchising franchises Shear Madness Haircuts for Kids salons. We have worked with franchise stores in providing franchisee support (in order to encourage continual growth), and have sometimes seen the unexpected happen!  When it does, we help by identifying and helping with challenges that might arise for franchisees. Additionally, we work to present options that can help prevent these events as well. As many franchise owners may not have opened a business before, having someone who can advise them is a significant advantages of franchise ownership!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own  small business? We are one of the fastest growing kids hair salons and franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, business tips, how to grow your small business, or how to become a owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD!

Exploring a Children's Salon Franchise

Topics: franchise, salon franchise, franchise buyers, buying a franchise, franchise opportunity, how to buy into a franchise, Small Business Franchise Information, how to franchise, franchising, franchisee support, franchise research, haircare franchise, evaluating a franchise, franchise ownership, red flag, franchise success

What a Franchise Buyer Wants?  What do they Need? We Asked - The Top 8 Answers Below!

Posted by Janon Otto on Sun, Jul 17, 2016 @ 22:07 PM

franchisebuyersWhat are prospective franchise buyers looking for when it comes to buying into a franchise system? We opened this question up to some of our Shear Madness Haircuts for Kids franchisees, and this is some of the feedback we received. We hope it helps you as much as it did us!

1. Communication is Key: It may seem like a given, but it's true! Franchise communication is important through all aspects of franchising - from being able to effectively communicate with customers, to being able to have great communication channels between potential area developers, franchisors, franchisees, and everyone in between. As such, franchise buyers should be looking for a communication system that ensures consistency and timeliness of communication. Similarly, a means by which franchisees throughout the system can easily and effectively communicate with each other is also very helpful. Many franchisees join a franchise for the systems and support, so it's critical they get it!

2. Process Support and Education: Running your own franchise can be a challenging, yet rewarding experience. That's why when a Franchisee needs help, especially during the start-up phase, there's a tried-and-true system in place that gives them the support they need. This includes great communication channels with the franchisor and other franchisees, as well as franchise training provided through conferences and monthly meetings.

3. First Class Marketing: Franchisees want to know their marketing dollars are going toward creative, expressive messages that effectively reach their customers and help build their business. Some of these marketing efforts might include social media advertising, traditional advertising (newspapers, magazines, ads in sporting venues), posters for the store to use, banners for outdoor advertising, and much more!

4. Transparency: Franchisees want to clearly see evidence of the franchisor's support of the franchisee's efforts to attain and maintain success. There needs to be the feeling in the franchisee's heart that every day, everyone is working towards success.

5. Independence, Flexibility and Personal Challenge: Many franchisees are seeking to escape the politics, rigidity and frustration of working for others. But they also don't want the risk and harsh learning curve of trying to start a business entirely on their own. Franchisees are also highly motivated by achieving results directly linked to their own creativity and hard work. A successful franchise system allows for all these things!

6. Respect: Each franchisee is going to have different motivations, but ultimately they need to be treated like business owners, and not employees. Franchisees desire the respect of friends, family and peers, and are often a helpful force in the development of new initiatives and programs. Their experience and desire to succeed can also identify emerging trends in their respective industries.

7. Making a Difference: Franchisees often treat their staff as extended members of their own family, and take pride in helping them grow personally and professionally. They also get great satisfaction in helping customers and making a contribution to their local communities!

8. Utilizing Expertise: A franchisee wants to leverage upon the expertise of a franchisor, as well as using the name of an established brand that a franchisor has acquired. A franchisee also expects the franchisor to provide assistance in helping with staffing, training, business planning, operational and business related troubleshooting. This is so the franchisee can accomplish their business goals through an organized business mechanism in the minimum possible time!

There you have it!  If you are evaluating several franchise opportunities this will give you an idea of what to ask about!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salon franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, how to grow a small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD!

Exploring a Children's Salon Franchise

Topics: franchise, kids salon franchise, franchise buyers, buying a franchise, franchise opportunity, Shear Madness Haircuts for kids, how to franchise, franchising, franchisee support

Three "Must Have" Business Skills for Franchise Owners

Posted by Jim Otto on Fri, Jul 15, 2016 @ 11:07 AM

businessskills.jpgMany people that contact me are “romantically” attracted to our concept. They love the idea of a cute, fun and brightly colored place to take kids for a great haircut. Or I hear, “I love children, so I was really attracted to this." Now I am not saying that having an interest in our franchise concept because of your interest in working with kids is a bad thing. As a matter of fact, I would highly recommend that you invest your money, time and efforts into something that you feel passionate about. But our franchise, like most, is still a business, and will require a certain set of business skills to increase the probability of success. Whether you invest in a yogurt, burger, or salon business, it’s still going to come down to possessing certain business skills to succeed.  Here is our list of the top 3 skills needed to own and run a business:

1.  Communication Skills 
Your ability to communicate with others and “get the message across” about what your business is about to both employees and customers is critical. Everything in life begins with communication, and the ability that someone has to communicate is a big plus. Because time management and organizational skills can’t be taught in an operating manual, someone's ability to effectively execute a business plan becomes crucial. If a potential franchisee is unable to do this, then they may not be able to handle all the moving parts of running a business. Also, it's important to be flexible and adaptable. Rigidity has never worked in business! Now, of course I'm not saying to up and dump a system in favor of your own ideas. You have to follow the system. What I am talking about is the ability to handle a crisis when it arises, to shift gears and go a different direction on a moment’s notice, and to know when to be tough or to know when compassion is needed. Time management and organizational skills allows you to set a goal and reach it.

2.  Understanding the Need for Marketing 

Another great business skill to work at possessing a mastery over is in the area of marketing. Unfortunately, many new businesses fail because of a lack or understanding of effective marketing. Getting your name out in the community, building a loyal customer base and differentiating yourself from the competition can take a new business on average 3 to 5 years. Therefore whatever you anticipate spending on marketing you can pretty much double that amount. The busier your location becomes, the less you can spend on marketing. But getting that initial foot traffic can be costly. If you understand that this is a need and are willing to do the "work" - you should be successful.  A franchise system should provide lots of guidance in your marketing - they have seen it done numerous times and know what you get the most bang for your buck with.

In the initial stages of your business you must market to the masses. Once you have a client base you can save money by target marketing to your existing customers - or to new customers only.  You will have gathered customer information (i.e. email addresses, etc.) that will allow your to touch your client base more economically.

3.  Desire to Learn

Lastly, a desire to learn is also a really important mindset for a franchisee. Of course, everyone would like to learn about something - but great franchisees have the desire to learn. It’s not a chore; it’s something that brings satisfaction when the learned skill produces a favorable business outcome. Great business owners are made and not born, but having some of these basic skills are going to go a long way in determining your success or failure in a franchise!

Are you interested in learning how YOU can join the Shear Madness Haircuts for Kids family and run your own successful small business? We are one of the fastest growing kids hair salon franchise systems in the industry today! If you would like to learn more about small business marketing, great marketing strategies, resources for small businesses, how to grow your small business, or how to become a successful owner of your own kids hair salon franchise business, please click below or call 1-888-98 GONE MAD!

The Top 4 Considerations

Topics: franchise opportunity, Small Business Franchise Information, how to franchise, Business Tips, small business how-tos, communication, franchising, franchise growth