There has never been a better time, ever!

Posted by Jim Otto on Tue, Jan 16, 2018 @ 12:01 PM

Growing.jpgThere has possibly never been a better time to start a franchise business, ever. Not only is the franchising model proven, but with a pro-business administration in Washington, the regulatory, and tax environment, along with consumer spending power has never been better! Please don't take my comments as a political endorsement of any politician or political party. I simply think that the facts stand on their own.

For example:

  • 4.1% unemployment rate is at historic lows 
  • Consumer sentiment on the economy is high and improving
  • The stock market is at record highs
 
This begs the question, will the good times continue? And if so, what franchises should I be looking at? A  good place to start is by asking yourself what type of business you see yourself operating. You'll also need to give an honest personal assessment in regards to the type of hours you'd like to operate, what you enjoy doing and what you're truly passionate about. Then you will want to look at franchises with strong brand recognition, a good track record of performance and a good reputation between past and present franchisees.  
 
Do your homework, make sure your significant other is on board, and get your financing in place. Then go for it! Because the way I see it, there's never been a better time to start a franchise, ever! 
 
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? 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, franchise success, 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

Would you like to sign up for our Monthly newsletter? If so, click HERE! Exploring a Children's Salon Franchise

Topics: franchise buyers, buying a franchise, franchise opportunity, Shear Madness Haircuts for kids, Small Business Franchise Information, reinvent your career, Business Tips, growing a small business, franchising, franchise research, franchise growth, evaluating a franchise, franchise ownership, business success, kids hair salon, franchise success, business ownership, sales, smart investments

Try Top-Down Franchise Selection!

Posted by Jim Otto on Tue, Jan 16, 2018 @ 12:01 PM

greatfranchiseteams.jpgWhen I was a Stock Broker, we would always start one place when we were looking for companies to invest in - and that was at the top! Of course we had certain qualifications that we looked for in management teams, but we always, without fail, looked at their level of education.
 
Now this isn't meant to make anybody feel bad. We all know or have heard stories of men and women without so much as a high school education making millions through hard work and perseverance. But here's the thing: I challenge you to find any Fortune 500 company in America where the CEO doesn't have a Master's Degree in Business Administration (or MBA). Why is that? Because in order to get an MBA in this Country, you have to prove that you have the ability, discipline and desire to learn at a higher level.  People with MBAs in this country earn about 25 to 30% more then undergrads, because of all the reasons mentioned above.  
 
So the point is this: we as Stock Brokers always wanted to invest our money with intelligent people who had shown they not only had the credentials - but the drive to succeed. Shouldn't the same apply to franchising? Wouldn't you prefer to make a wise investment into a franchise run by really smart people? 
 
Some other traits of great franchise management teams are:
  • The are focused and plan strategically.
  • They have  solid knowledge of not only their concept, but the industry that they're in.
  • They are goal and result oriented.
  • They are bound by a mission statement.
  • They are competitive and excellent communicators.
 
So that's why I can confidently recommend that when choosing a franchise, you might really benefit from doing what I used to do when I was an stock broker...and that's simply starting at the top! 
 
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 franchise success), and have sometimes seen the unexpected happen!  When it does, our staff (which has years of business experience and a robust resume that includes an MBA) can 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 currently looking for franchise prospects throughout the United States - and especially Tulsa, Oklahoma City, Omaha, Lincoln, Denver and St.Louis! 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 franchise investments, great marketing strategies, resources for small businesses, the franchise selection process, 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 buyers, buying a franchise, Shear Madness Haircuts for kids, how to begin a business, reinvent your career, Business Tips, successful franchisees, small business how-tos, business growth, franchising, franchise research, evaluating a franchise, business success, business ownership, sales, franchise management team, smart investments

Franchisees Thrive Because They Understand This One Thing

Posted by Jim Otto on Tue, Dec 12, 2017 @ 13:12 PM

franchiseethrive.jpgI was recently looking through a research report about what types of people make the best franchisees. The answer may surprise you, although intelligence, business skill, and former experience as a business owner are highly valuable characteristics. However, the fact that you have an  MBA did not get you to the top. Neither did the fact that you may have been a CEO of  a fortune 500 company. Instead, the report listed Sales Executives as the top candidates to become successful franchisees. 
 
As I began to examine their reasoning, I saw that Sales Executives have the following traits:
  • In a way Sales Executives are already small business owners. They believe in their product and have to go out everyday and sell it. In addition they understand that they are paid to produce, unlike people who have been on a salary their whole life. 
  • Sales Executives don't cower when times get tough. To anyone who has lived on commission you know the sales cycle can be brutal. However, you conquer these cycles by working harder when needed - always believing that things will get better. 
  • Most of all, Sales Executives relish the thought of unlimited earnings potential. It's what motivates them to get out of bed everyday. 
 
What the article failed to mention was one other thing that is consistent with all great franchise owners. Great franchisees understand that they are not in the product or service business, they are in the Relationship  business. Building a relationship with your customers where they understand the purpose of your business, and building relationships with your employees so that they can deliver that good or service to those customers, is the key to great franchisee success!
 
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? 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, franchise success, 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

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

Exploring a Children's Salon Franchise

Topics: franchise buyers, Business Tips, successful franchisees, business relationships, franchising, franchise, franchise success, franchising, business success, business skills, franchise success, business ownership, sales executives, sales, relationships, building relationships