Find me on:

Recent Posts

June News: Model Hairstyle Photo Shoot, Specials & Kids Crafts!

Written by Jim Otto

$26.95 Daddy & Me Haircut Packages! In honor of all those great Fathers our there, during the month of June we're offering the really  awesome Daddy and Me Haircuts Package for the super special price of $26.95. That's a savings of up to $5! Wow! Plus, we're also offering $12.95 Buzzcuts for Boys! You can rock the Buzzcut Monday through Friday, from 1-3 pm! Pre-book 24 hours in advance to get this special price. Both specials June only (and at participating locations)!

Read More

Scalability & Franchising: Like Peanut Butter & Jelly!

Written by Jim Otto

You hear people talk all the time about scalability, but what exactly does that mean? I would recommend that you find out exactly what that means as it relates to the Franchise you are thinking about buying! If you are not buying into a “scalable” system, then what you might be saying is that you're content with NOT growing your business. For example, have you ever watched the TV series Shark Tank? In this show, one of the first question they ask is, "What are your revenues?" Another good question that they ask is, "What were your revenues last year?" They ask this, because what they really want to find out is if the model growing, if it's creating more revenue than it did last year, and if it's scalable. Scalability, the ability to grow revenues and expand on an ever increasing workload, is one of the main characteristics of a franchise system. This is where the link can be found between the systems that the franchise has in place, and how those systems function under the ever increasing revenue that is produced. There are lots of ways to measure scalability for lots of different business models, but here are some of the most important when it comes to franchising;
  • Is there a market for the service? Without demand for the product, how will you grow?
  • Can you teach someone else to do it? Scalability relies on the fact that whatever you are doing can be taught to some else who can then teach it to others.
  • Standardization: Can it be repeated successfully over and over, the same way, and continue to produce more and more revenue as it grows?
  • Recurring revenue: I would venture to say that very few franchise models can survive without services or products that meet a need and require customers to come back again and again to get them.

It's a fact that running a business can be hard work and encompasses many challenges that most people have never encountered. But it's arguable that when you invest into a salon franchise system, you have a greater chance of success. Plus, most salon franchises (like Shear Madness Haircuts for Kids) do offer the advantage of a successful business history and scalability. However, as implementing a salon franchise system does take effort, you'll want to make sure all your questions are answered through doing a little research. Contact salon franchises, reach out to the franchisors, and compare business models!  You'll also want to take a look at the Franchise Disclosure document, the Franchise Agreement, and talk to current franchisees. Seek out a franchise business that currently has a long track record of success. Keep in mind that the franchise system itself may be younger than the actual concept itself.  Find out how long the franchisor has had a history with the concept itself.  Have they really figured it out before offering the franchise?

Read More

The Importance of Customer Feedback

Written by Jim Otto

Collecting customer feedback is an important way to gauge whether the efforts you are putting into growing your small business are really meeting the needs and expectations of your customers. Following are some different ways that customer feedback might be gained, as well as some helpful tips and useful questions you might want to ask.

Read More

May News: Moms, Memorial Day & Fun at the Pool!

Written by Jim Otto

Tell your mom "thanks" with a free flower! Hey kids, be sure to bring in your mom to your local Shear Madness Haircuts for Kids and receive a free flower for her on Saturday, May 7th, as our stores will be closed on Mother's Day (at participating locations)! Shear Madness really appreciates all the hard working moms out there, and we hope everyone has a fantastic Mother's Day!

Read More

How to Find a Successful Franchise System!

Written by Jim Otto

Ok, so here’s the deal, according to a recent article I read, a new franchise starts in the United States about every 8 minutes. There are several things that bother me about this trend. Number 1 is that many new concepts have no history of operating successfully, so how does a business know that their systems works and can be taught easily to franchisees? Furthermore, without going through all kinds of economic environments and all the various issues that a business can face over a long period of changing business climates, how do you know if the concept will stand the test of time? One of the biggest advantages that I see of buying into a franchise is the “benchmarking” that they are able to do for a franchisee to make sure they are on pace to succeed - and those metrics only come from watching a business over a long period of time. If a franchise can’t show you a track record of success, don’t risk trying to create one for them! 

Read More