Many business's have failed due to lack of sufficient working capital. So how much is enough and what formula do you use to figure it out? I would recommend using a bottom up approach, or put another way, what could go wrong that you may not have anticipated that could cause your new business to need more working capital then you thought.
Franchisees should feel like they are being served by the franchisor. Shear Madness Haircuts for Kids understands that the road to becoming a successful business involves many unique challenges. Our franchisees have taught us that being a great franchisor is important to the success of the individual franchisees. Here are a few things that we have discovered that our franchisees really appreciate.
In Franchise systems there is a rule of thumb. Twenty percent of your franchisees will be great, sixty percent will be average, and twenty percent will be underperforming locations. Then within that top twenty percent there will be a few superstars.
Great October Coupons: Want to save a little cash on that must-have item you’ve had your eye on at your local Shear Madness? Or maybe you'd like to do a little shopping for an upcoming birthday or Halloween Party? Check out our coupon page and find that great deal you’ve been waiting for!
Great Coupons: Want to save a little cash on that must-have item you’ve had your eye on at your local Shear Madness? Or maybe you'd like to do a little shopping for an upcoming birthday, holiday or other special event? Check out our coupon page and find that great deal you’ve been waiting for!
