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

Written by Jim Otto

Many 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! 
 
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The Best Franchise in Child Hair Care!

Written by Jim Otto

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!

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5 Questions to Ask before Opening a Second Location

Written by Jim Otto

The 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:

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Why Your Franchise Isn't Performing Like You Thought It Would

Written by Jim Otto

I was recently on a website where franchisees can go to complain about there franchisors. The common  theme amongst the complaints was that the franchisor made a lot of promises that they didn't keep, the numbers weren't adding up like the franchisor said they would and they weren't being trained properly.
 
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Watch This Metric To Find Franchise Success

Written by Jim Otto

There are lots of moving parts to a franchise, including your franchisor's 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. 
 
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