Before You Buy a Franchise, Make Sure You Check These 5 Boxes

Posted by Briana Hall on Mon, Aug 26, 2019 @ 12:08 PM

There is so much that goes into finding the right franchise for you. After all, it is going to be your baby and you want it to succeed. Still, there are a few things you need to consider heavily when looking into a franchise.

Before-You-buy-a-Franchise

You have done your research and decided that buying into a franchise system is the right course of action for you and your family. Franchising is a proven business model that offers the chance to be in business for yourself - but not by yourself! But before you sign on the dotted line, let me offer you a final check list of things that may make or break your franchise:
 
* Strong Demographics - It sounds almost elementary, but make sure there are enough customers in your protected territory. Depending on what franchise system it is that you own, it takes a lot of customers to make a profitable location. 
 
* Recurring Revenue - Don't try and reinvent the wheel, or be talked into something that is not proven. Look at the top franchises over a long period of time. They almost all have one thing in common: customers that come back again and again. Franchises that have a high Customer Long Term Value (also referred to as CLV) have sustainable business models. 
 
* Competition -  Make sure that you are bringing a new and exciting franchise business into your market. Creating the pre-opening buzz will get you off to a strong start. If there are already lots of businesses doing what you are doing in your market, then you're banking on the fact that your franchise differentiates itself enough to steal loyal customers from those other businesses. And that may be harder then you think! 
 
  • High ASI Ratio - Simply put, you want to own a franchise with a high Average Sales to Investment Ratio. The higher this ratio, the higher the return on sales. Look for a ratio of at least 2 to 1. So if Your build out cost is $200K, then this would be  $400K in revenue.  
 
  • * High ROI - You will want a good return on investment.  If you can determine what the average Net Income is then divide that by the your investment ($50,000 Net Income/ $200,000 Cost) - this gives you a return on investment (ROI) - if this is really high, it may be that although you may have a low ASI ration - the investment is still worth it.  And Vice Verso - if the ASI is high - looking at the ROI is important as this could still be low even with a high ASI.  Normally higher return on investment means that you will need to be more involved with your business.  So when evaluating your ROI make sure and take into consideration the amount of work you the owner will have to do.
 
If you have a passion  for business, franchising is an exciting way to create income and accumulate wealth for yourself and your family.  Additionally, if your franchise has these four business metrics you should be well on your way to owning a successful business! 
 

Your Future is Bright!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, employee, employee loyalty, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, kidshaircuts, franchise investment, profitability

Your Employees Have To Have These Two Things!

Posted by Briana Hall on Mon, Aug 19, 2019 @ 09:08 AM

Today there are two things as employer you want your staff to have: a great work ethic and a great attitude. Neither of these are things that can be taught, but are essential when having a great team of people at work.

Essentails-for-your-employees

When you buy a franchise there are lots of things that the franchisor will teach you. The systems that a franchise has and how well you follow those systems may ultimately be the difference between your success or failure. One area that you will have the most control over is your staff and employees. Your franchisor will help you with build-out, initial and on-going training support, marketing, even guidance on getting to break even and beyond, but you will have to manage your staff. Your Human capital is one of the most vital parts of your franchise operations for a number of reasons. Your employees deliver your product, they are the face of your business, they create the fabulous experience that brings your customers coming back, they create those little interactions that make your customers think, " Wow, this company really gets me". Developing a great staff doesn't happen over night, it takes time. Additionally, if your new hires don't have the following two attributes, getting your franchise to where you want it to be is going to take longer than planned. 

 

* A Work EthicYou can't teach someone to have a work ethic. Work ethic is a tricky thing, some people have it out of need, they have a family and need to support and provide for their family. Some people learned it from there parents and are modeling it. But one thing is for sure, if you are going to put together a great team, having employees with a good work ethic is critical. 

 

* AttitudeI have heard people say, "That person needs an attitude adjustment", and you know I have seen that work, but only on a temporary basis. You know what behavioral psychologists will tell you, past behavior is the best predictor of future behavior. Companies spend a great deal of time and money working with and trying to fix people with bad attitudes. Find people with a good attitude about your company right from the beginning, nurture and train them, show them there valued, and your people will work together as a team. 

 

Getting your staff to work together as a team to create a fantastic customer experience is crucial to your franchises success. During the interview process you can ask questions that will give you clues on whether your candidate has these two important attributes. You are going get to where you want to go a lot faster if you can find candidates that have these two attributes. 

 

Building a better future TOGETHER!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, employee, employee loyalty, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, kidshaircuts, franchise investment, profitability

Why Do People Miss This When Looking For a Franchise?

Posted by Briana Hall on Wed, Aug 7, 2019 @ 15:08 PM

The moving parts of creating a successful business all stem from one important factor. While there are a lot of key components that go into creating a successful business, if you forget about this one, your structure is going to come crashing down.

What-are-you-missing

There are lots of moving parts to a franchise, including your franchisors opening assistance, training and ongoing support. All of the aforementioned are important to your success as a franchisee, and the best way to measure these are to talk to current franchisees. 

 
As important as all these factors are, many people looking to buy a franchise fail to look at what is arguably the most important component of all: the customer. More specifically, how many customers are there for your concept where you want to open? Or, how many times will they come back in a given year, and how long can you hold on to them? This is called customer long term value, or CLV, and it can be the difference between your success or failure. 
 
Think about this, would you rather own a business where your customer comes back twice a year, or 8 times a year? Will they come back for the next 2 years, or the next 8? Will you be able to create a loyal customer or one that only needs your service once or twice per year?
 
Customers are fickle! Make sure that you have lots of them in your trade area, and that the franchise you are looking at can hold on to them for a long time.
 

Building a better future TOGETHER!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, franchise investment, profitability

Every Successful Franchise Has ONE Thing In Common

Posted by Briana Hall on Wed, Jul 31, 2019 @ 09:07 AM

There is a difference between doing well and succeeding. Not every franchise is going to be the same when it comes to making that perfect formula either, but there are 3 things you can do to ensure that you are off to a good start!

Determination-to-Succeed

I was recently reading a Franchise Times magazine and stumbled across an article about someone who had built up several franchise systems. He had grown to where between the two he had over 700 Units! As I continued to read, it just so happened that he was a neighbor of mine in Overland Park Kansas.  I connected with him on LinkedIn and was not surprised to learn that he had the one trait that EVERY single successful franchisee I have every talked to has, a Determination To Succeed. You can buy into the greatest franchise concept ever invented but without the determination to succeed it may not be enough. Some other pearls of wisdom that he shared with me. 

- You may not get it right the first time 

- Focus on the one thing that you can change - the customer experience 

- Keep learning as you go along 

Franchising is a proven business model and the amount of money spent at franchises every year is staggering. But it's still hard work, and there will be times when the only thing that will push you through and get you over the hump is that one thing that all successful franchisees have, the Determination to Succeed 

 

Success is yours TODAY!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, franchise investment

5 Reasons NOT To Grow Your Franchise

Posted by Briana Hall on Fri, Jul 26, 2019 @ 09:07 AM

Quality over Quantity when trying to build a business. There are many reasons to grow and expand, but here are some things to think about before you take the next step in expansion.

5 Reasons NOT to Grow your Franchise-01 I know this sounds counter intuitive to every thing that you have heard about building franchise systems. Last week I wrote about my neighbor who had grown his two franchise systems to over 700 units. But there are times to step back and NOT grow your franchise  business, here are the 5 top reasons

* Increased Risk - With growth becomes more financial obligations to both your businesses and your team. Build a cash flow model and make sure that your revenue can support the additional obligations that you will be taking on. 

* Increased Workload and Stress - Growing a business is tough, on you, your teams, your family. It means working longer hours, bigger responsibilities, more complicated structure, more supervision and more complicated operations. 

* Drop in Quality -  Growth unfortunately can come with a drop off in service quality. You have worked hard to build up an A team, can you keep finding those A players while you grow that deliver that fantastic customer experience? 

* Increased Cost - More revenue is almost always accompanied by increased expenses. Whether in time or money, growing a business will cost you. Financial planning is crucial.

* Loss of Direct Control - Taking on more staff, growing your customer base, extending your network of suppliers, will all put additional stress on your systems and processes.  Being able to delegate duties to the right people and having them follow through may prove challenging. 

Here's the bottom line, if you like to control every aspect of your business, have trouble delegating responsibility or you are not consistent in following your franchisors system's. It may be best to step back and NOT grow your franchise, at least until you feel comfortable that you understand what it's going to take to grow successfully! 

Your Journey, Your Success!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, franchise investment

2018: A Year of Record Revenue & Growth!

Posted by Matthew S on Fri, Jan 25, 2019 @ 12:01 PM

Continuing to build our brand & infrastructure was a major goal in 2018, as well as engaging franchise candidates who would like to join our Shear Madness family!

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We continued to build out our intranet site and make it a valuable hub of information for our franchise partners. Our intranet site houses our proprietary and award winning training manuals and modules along with housing our franchisee friendly library of marketing materials. 

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Additionally we redesigned our website to make it more mobile friendly and usable for customers looking for our locations, as well as to capture and inform more franchise candidates on our award winning system. After our redesign we had a top rated franchise media company grade our website and it received high marks for usability and overall appearance. You can visit it at Shear Madness Franchising. Let us know what you think!

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As with most franchise systems, building our brand is a constant goal. In 2018 we were awarded the Number One Children's salon franchise in America by Francompare, an independent rating service based in Oakland California. Francompare uses a sophisticated 45 point rating system when grading franchises and has an exhaustive database of franchise disclosure documents that they comb through before they give out their franchise winners. 

2019a

We look forward to 2019 and to continue to build on what is most important to us: being selective in our franchise awarding process and awarding franchises to those candidates that understand our culture. Equally important to us is giving our current franchisees the ongoing support, training and marketing assistance that they need to be successful. We also strive to create an over the top customer experience. At Shear Madness Haircuts for kids, Where Every Child Matters is more than just a slogan, it's what we believe in and why we do what we do. It's why we exist! We're confident that 2019 will be our best year ever! 

Grow With Us in 2019!!!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, best kids hair salon

Ring in 2019 with Shear Madness!

Posted by Matthew S on Wed, Jan 2, 2019 @ 14:01 PM

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AMAZING!!! Semi-Annual Bow-Out Sale! Our awesome collection of bows are on SALE right NOW! And better yet, all our Christmas bows are on clearance! If you or someone you know is looking for a fun way to look and feel your best for the New Year, then be sure to come by and check out our stunning bow wall. We have bows in all shapes and sizes, with many different colors. You can even design your own bow with our fun bow bling accessories too! Don't miss it!

daddydaughtermotherson19Daddy Daughter Makeover or Mother Son Fun Valentine's Packages!  Our Daddy Daughter Makeover or Mother Son Fun Valentine's Packages are so much fun! The Daddy Daughter Makeover includes one Diva Day and a certificate with a keepsake photo of the pair. There's also an option of adding a haircut for Dad as well! Meanwhile, our Mother Son Fun Package includes a boy's haircut with stripes (Mom gets matching stripes in her hair) and a special keepsake photo! Hurry, spots are filling up fast - especially since this amazing experience ends February 28th (at participating locations)!

socialmediaVisit us ONLINE! Don't miss out on all the exciting stuff coming up in 2019 for Shear Madness Haircuts for Kids! Make sure you're  in the know by checking out all the fun over at our Facebook page Franchise BlogInstagram, Tumblr Google+ and Twitter!  And don't forget - you’ll also want to take a look at some of our favorite Shear Madness pins this month on Pinterest! Plus, check out which of our locations currently have ONLINE BOOKING!

Red Hot Deals at Shear Madness!

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Awesome Savings for the New Year! Ring in the New Year with madtastic savings! For example, how does 25% OFF a single full priced retail item valued at $10 or more or Buy 3 Melissa & Doug activity books (regularly $4.99) for $12 sound (at participating locations)? You can get these coupons now all during the month of January! Check them out right now on our our coupon page!

Franchise Opportunities for 2019!

success-12018 was another year of GREAT growth for Shear Madness Haircuts for Kids! We rolled out a completely new website at shearmadnesskids.com, continued to build onto the vast storehouse of blogs and other resources available for our franchisees over at our new intranet site and also recently totally recreated our Shear Madness Franchising website! Visit it to see a video testimony from a Shear Madness Franchisee, info on starting a small business, a photo gallery, and our "Cut-to-the-Chase" section where you can learn exactly what you need to become part of our family! Discover it all at Shear Madness Franchising!

Family Fun for 2019!

wishingtreeStart the New Year Out With a COOL Craft! Making amazing decorations and other fun stuff is always a LOT more fun when you're hanging out with family! For example, at this year's New Years family get together, why not try some of the following crafts available over at our Crafts for Kids section on Pinterest! Learn how to make a New Year's Wishing Tree (as pictured at left), Chinese paper lanterns, your very own New Year's Eve balloon drop, party hats, folded paper icicles, 3D hanging hot-air balloons and so much more! Have a great 2019!!!

Shear Madness Haircuts for Kids: Where Every Child Matters!

Grow With Us in 2019!!!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, newsletter, kids haircuts, best kids hair salon

The Pain That You're Missing in Franchise Selection?!?

Posted by Jim Otto on Thu, Nov 15, 2018 @ 16:11 PM

ouchMany of you may have seen a show on TV called Shark Tank. If you haven't, entrepreneurs attempt to convince 6 highly successful business people as to why they should invest their money in the next great business idea. Most businesses start this way and unfortunately it's probably one of the biggest reasons for business failure! 
 
Many people start their search for a franchise without measuring the most important thing: are there customers for the franchise? More importantly - and don't miss this - is doing what you are doing so PAINFUL (so-to-speak) for the customer to do themselves, that they have to come to you?  In business we call this the Shark Bite (no correlation to the Shark Tank). If your customer can do it themselves or go to you, well that may be like a mosquito bite - and it may be a nuisance that they are willing to live with. However if the customer's pain feels something like a shark bite, then customers will be eager to pay you to ease their pain!  
 
Great businesses and franchises begin by solving a customer problem.  This is why it's so important to try and figure out if the franchise that you are buying solves the pain your customers are feeling. For example, take our Shear Madness Haircuts for Kids salon franchise. I know that many of you reading this may be parents, and let's be honest...have you ever tried to cut your two year old's hair? Trust me, it's a shark bite,  and our customers are more then happy to have one of our award winning stylist ease there pain vs. trying to do it on their own. And with our TVs and XBox games  at every station to help provide a positive distraction for their children, they end up coming back for years!
 
So before you select a franchise, focus on the BIG pain point. Remember that any big problem is a big opportunity, and customers will be more then happy to pay you to ease their pain.

Award Winning Care!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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: Shear Madness Haircuts for kids, franchising, why buy a franchise, best kids hair salon

The Best Franchise in Child Hair Care!

Posted by Matthew S on Thu, Sep 13, 2018 @ 11:09 AM

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Shear Madness Haircuts for Kids is really proud to have recently been selected as the “winner” of the 2018 FranCompare™ Franchise Recognition Program. After comparing and weighing over 40 FDD-based data points for four of the major franchise systems in the Child Hair Care industry, Shear Madness Haircuts for Kids received the highest score!

Janon Otto, CEO of Shear Madness Haircuts for Kids, as well as owner of two Shear Madness locations, says that, "We have worked hard to provide services to our franchisees that other franchise systems do not have.  We are constantly looking for ways to increase margins, and other opportunities for our franchisees to increase profits.  We also have worked hard to provide an internal intranet service that helps not only owners, but all employees to do their jobs better!  Our franchisees are wonderful and we all share information that helps everyone get better!  

Janon also notes that, "Shear Madness Franchising is open with figures from all of our locations, from service sales detail, down to detailed retail sales so that we can all learn from each other and motivate our staff to be the best that they can be within the system!  We are never finished with our goal of developing the 'Franchise system by which all others are measured!'"

With its extensive product line of books, websites, databases, and consulting services, the World Franchising Network is a preeminent supplier of reliable, up-to-date and easy-to-use information on franchising. The primary focus of FranCompare™ is to determine those franchise systems that have better identifiable performance metrics than their direct competitors. FranCompare™ and the World Franchising Network are also committed to assisting individuals in their quest for self-employment and business ownership. They seek to provide prospective franchisees with the most comprehensive and up-to-date information on the franchise systems we consider the “best” from over 4,000 active North American franchisors. They also feel strongly that the operating and system advantages that franchising offers make it the preferred avenue for 95% of those who want to go into business on their own. Want to learn more? Visit Shear Madness Haircuts for Kids at FranCompare's Child and Youth Related Page.

Award Winning Care!

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: franchising, best kids hair salon, francompare, franchising award, best in child haircare

5 Questions to Ask before Opening a Second Location

Posted by Jim Otto on Mon, Aug 13, 2018 @ 12:08 PM

5guidelines.jpgThe idea of owning multiple stores when you buy into a franchise is appealing. So why do so many people fail at it? Here are some guidelines for economy of scale that we use in our children's salons:

  • Never open multiple stores at one time: Your steepest learning curve will be at your first location. If that location is successful, number two, three and four become easier.
  • Find the right people and trust them: At Shear Madness Haircuts for Kids we call these people “charismatic connectors”. They have the organizational skills, leadership skills and understand numbers - and the ability to manage multiple locations for you!
  • Make sure the numbers work: At our children's salons we have a number that tells us how many services a day you should do before you even think about opening another Shear Madness Haircuts for Kids salon. You should never move forward to opening another salon until you hit those metrics.
  • Know your customer: After your first location you should have a rock solid idea of who your customer is: where they live, how much money they have and WHY they are your customer. This should give you a blue print for your second location.
  • Never stop learning: They say in business that the only constant is change. Now more than ever that holds true. Ways of marketing change daily, customers are fickle, and brand awareness is vital. If you like a challenge, you should do well!

Owning multiple locations is an exciting way to build a future income stream for yourself and your family. Just remember one thing, business is a marathon and not a sprint!

The Shear Madness Franchise Advantage!

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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 challengean 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!

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Exploring a Children's Salon Franchise

Topics: franchise opportunity, Shear Madness Haircuts for kids, business growth, franchising, business success, franchise success, business ownership, multiunit franchise, franchise location, best kids hair salon, small business success, hair salon business