All About our Incredible Franchisee, Itzel!

Written by Jim Otto

 
Happy Women's History month! 💛
From stylists to salon owners to leadership -- we are so proud to have such strong women in so many facets of the Shear Madness brand. We want to honor some of the achievements of the incredible driving force behind our San Antonio salon... ITZEL! 💪✨
Let's celebrate her excellence as a salon owner and her impactful efforts in empowering the youth of her community! We chatted with her and asked her some questions about life as a franchisee. Here's what she had to say:
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An Interview With Our Amazing Franchisee, Jackie!

Written by Jim Otto

 
We're so excited to shine a spotlight on one of our incredible franchisees, Jackie, the owner of the Shear Madness salon in Humble, TX!
We appreciate all of her outstanding achievements as a salon owner and the impactful contributions to the youth in her community! We asked her a few questions about her journey so far and here's what she had to say:
 
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Why Knowing Your Local Market Is Essential: 3 steps to increase your odds of finding a great location!

Written by Jim Otto

When you are getting ready to open your new business finding the right location is your first major decision, and one that you need to get right.  You probably have heard the saying location, location, location, that may be even more true when finding a location for your new business. We are going to focus on retail and service businesses and three things you need to do to find your ideal location 

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Finding Franchise Success in the Next Recession

Written by Jim Otto

I recently attended a webinar with one of the largest franchising financing lenders in the United States. I would like to explain all the graphs that they showed us but the bottom line was this: all the signs point to the next recession hitting sometime in the next 24 months. 
  • Credit Card debt and margin buying of stocks are back to record levels.
  • The small business optimism indicator  is at record levels (this is a contrarian indicator). 
  • Retail rents are at extreme levels causing over building, even though demand is decreasing  for retail space! 
 
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In Business or Franchising - Three is the Magic Number!

Written by Jim Otto

I often  get contacted by people who want to buy a franchise or business to be their own boss, take control of their destiny and live the American dream! Well, that's all well and good. But I'd like to take a moment and add a small bit of wisdom from one who has been there and has interacted with lots of people who who have also been there. 
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