2018: A Year of Record Revenue & Growth!

Written by Jim Otto

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!

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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Franchising Your Retirement

Written by Jim Otto

Many of you may never have seen this before, but the Social Security Administration used to send you in the mail what your monthly Social Security benefit would be at retirement (this info can now be accessed online on their website). What always stuck out to me was a statement on the front page, " Social security should not be your only source of retirement income, you will need to have other sources of income at retirement".   
 
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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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