There has never been a better time, ever!

Posted by Jim Otto on Tue, Jan 16, 2018 @ 12:01 PM

Growing.jpgThere has possibly never been a better time to start a franchise business, ever. Not only is the franchising model proven, but with a pro-business administration in Washington, the regulatory, and tax environment, along with consumer spending power has never been better! Please don't take my comments as a political endorsement of any politician or political party. I simply think that the facts stand on their own.

For example:

  • 4.1% unemployment rate is at historic lows 
  • Consumer sentiment on the economy is high and improving
  • The stock market is at record highs
 
This begs the question, will the good times continue? And if so, what franchises should I be looking at? A  good place to start is by asking yourself what type of business you see yourself operating. You'll also need to give an honest personal assessment in regards to the type of hours you'd like to operate, what you enjoy doing and what you're truly passionate about. Then you will want to look at franchises with strong brand recognition, a good track record of performance and a good reputation between past and present franchisees.  
 
Do your homework, make sure your significant other is on board, and get your financing in place. Then go for it! Because the way I see it, there's never been a better time to start a franchise, ever! 
 
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: franchise success, franchising, business success, smart investments, Shear Madness Haircuts for kids, kids hair salon, sales, business ownership, franchise ownership, evaluating a franchise, franchise growth, franchise research, growing a small business, Business Tips, reinvent your career, Small Business Franchise Information, buying a franchise, franchise opportunity, franchise buyers

Try Top-Down Franchise Selection!

Posted by Jim Otto on Tue, Jan 16, 2018 @ 12:01 PM

greatfranchiseteams.jpgWhen I was a Stock Broker, we would always start one place when we were looking for companies to invest in - and that was at the top! Of course we had certain qualifications that we looked for in management teams, but we always, without fail, looked at their level of education.
 
Now this isn't meant to make anybody feel bad. We all know or have heard stories of men and women without so much as a high school education making millions through hard work and perseverance. But here's the thing: I challenge you to find any Fortune 500 company in America where the CEO doesn't have a Master's Degree in Business Administration (or MBA). Why is that? Because in order to get an MBA in this Country, you have to prove that you have the ability, discipline and desire to learn at a higher level.  People with MBAs in this country earn about 25 to 30% more then undergrads, because of all the reasons mentioned above.  
 
So the point is this: we as Stock Brokers always wanted to invest our money with intelligent people who had shown they not only had the credentials - but the drive to succeed. Shouldn't the same apply to franchising? Wouldn't you prefer to make a wise investment into a franchise run by really smart people? 
 
Some other traits of great franchise management teams are:
  • The are focused and plan strategically.
  • They have  solid knowledge of not only their concept, but the industry that they're in.
  • They are goal and result oriented.
  • They are bound by a mission statement.
  • They are competitive and excellent communicators.
 
So that's why I can confidently recommend that when choosing a franchise, you might really benefit from doing what I used to do when I was an stock broker...and that's simply starting at the top! 
 
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 franchise success), and have sometimes seen the unexpected happen!  When it does, our staff (which has years of business experience and a robust resume that includes an MBA) can 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!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

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 currently looking for franchise prospects throughout the United States - and especially Tulsa, Oklahoma City, Omaha, Lincoln, Denver and St.Louis! 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 franchise investments, great marketing strategies, resources for small businesses, the franchise selection process, 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
 
Exploring a Children's Salon Franchise

Topics: evaluating a franchise, franchising, buying a franchise, franchise research, Shear Madness Haircuts for kids, franchise management team, smart investments, sales, business ownership, business success, business growth, small business how-tos, successful franchisees, reinvent your career, Business Tips, how to begin a business, franchise buyers

How Charismatic Connectors Create Franchise Success!

Posted by Jim Otto on Thu, Nov 16, 2017 @ 12:11 PM

charismatic.jpgIn previous blogs we have discussed the importance of  being able to manage people and create a great team in your franchise. This doesn't happen over night, and depending on the industry you're in it may take months or even years. The key to all this may be your ability to identify the one or two employees who have the ability to lead. Identifying individuals who are the ultimate team players may very well be the key to your business success. A recent Harvard business report calls these individuals "charismatic connectors". These employees will become your Managers and free up your time so that you can work ON your business and not IN your business. They will help save you hundreds of hours of time, and be your wall against you working in your business handling problems. By letting them handle the problems,  this helps free you up to work on growing your business. 

These ultimate team players have the following characteristics: 

  • They have the ability to engage any type of personality! Ultimate team players communicate with everyone equally.
  • They don't show favoritism! Every team member has something to offer and these ultimate team players have the ability to bring that out.
  • Their enthusiasm is contagious! 
  • They show tough love. No one respects anyone that they can run over. These ultimate team players have the ability to put their foot down when necessary, and they can do it in such a way that the others on the team don't show resentment. Instead, they show respect. 
  • They lead by example, often working long hours and going the extra mile because they like what they do.
 
Team building is essential in any organization, and building a great team in your franchise business may well depend on identifying those one or tw0 people who can lead others and your business to new heights.  
 
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 franchise 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!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

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 franchise investments, great marketing strategies, resources for small businesses, 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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Topics: franchise success, buying a franchise, evaluating a franchise, Small Business Franchise Information, franchise buyers, franchising, franchisee support, successful franchisees, Business Tips, business ownership, business growth, business skills, growing a small business, small business how-tos

5 Steps to Opening Your Own Kids Hair Salon!

Posted by Matthew S on Thu, Nov 16, 2017 @ 12:11 PM

5steps.jpgAre you or someone you know interested in owning your own business, but not sure how to go about it? Perhaps you're looking for an opportunity to diversify your portfolio, or gain a little more financial security for the future? Or maybe you just want a change of pace, and want to find a way to help make a positive difference in your community? Whatever the case may be, Shear Madness Haircuts for Kids is currently experiencing rapid growth in this profitable industry. According to the Bureau of Labor Statistics, America's salons and spas do around $46 billion in sales annually (see professional beauty association)! And with opportunities all across the United States to own your own kids hair salon franchise business, perhaps now is the time to take the first step towards finding out how YOU can become a part of the Shear Madness Haircuts for Kids family! Following are our five important steps towards potentially owning your own fantastic kids hair salon!
 
1. Take time to investigate!  Is running a kids salon right for you?  Can you do it on your own, or will you need help?  Joining a franchise system provides help - but they are not all created equally, nor do they all have the same culture, etc.  Not only are there quite a number of hair salon franchises available out there, but there's a number of kids hair salon franchises too. And understandably, they aren't all the same either. Some may have different costs associated with them, or different ways of trying to help a franchise owner achieve business success. So make sure you take the time to carefully research those options which are most appealing to you by talking with the franchisor, taking a look at their franchise documents (like the item 7) and discussing how the franchise system works with other franchisees who have invested into it.  How much support do they offer?  Is there a significant operating manual?  How long is training?  Are there good systems in place to prevent theft, train staff, communicate with the franchisor, continued development for the future?
 
2. Explore Your Finances! As you might guess, starting up a business takes a lot of time and money. Prospective franchisees may have a significant amount of savings in place, while others might have to secure some additional financing options through business loans or partnerships. Some of the ways you can determine just how much you'll need is by talking to the franchisor of the system you're interested in. When you do, be sure to ask them about licensing fees, franchising fees, costs for technology (computers, televisions, etc), how much rental space for your business might be, furniture costs, employment and insurance costs, utilities and retail. Again, this is where documents like the item 7 can be very useful!
 
3. Select Your Space Carefully! A great franchisor will help franchisees research the demographics of an area, and will assist in selecting the right site for your business. Shear Madness Franchising, for example, will carefully analyze demographic data and even travel to the area to help the franchisee in determining which locations might be best suited for their kids hair salon. For example, some areas might not have many kids that live close by, there might be a competitor already there, or the drive-by or walk-by traffic might be too low. Additionally, a franchisor should help assist in rent negotiation and making sure there are no hidden fees or unusual situations involved with a potential space.
 
4. Hire the Right Staff! Sometimes it can be quite a struggle finding the right people to manage and work at your new business. However, franchisors can help in this area by providing resources, marketing materials or advertising to help in hiring staff. They also help in training staff, and assisting managers and employees in adhering to the franchise system (which in turn helps contribute to your business being successful).
 
5. Network and Set Realistic Goals! While running your own business and making a positive difference in your community can be extremely rewarding, as stated above, it can take a lot of time and money too. Be sure to set realistic goals for your business that can be achieved without burning you out, or putting undue stress on family relationships. Also, it can be a good idea to network with other franchisees within the franchise system, or join professional trade organizations for the ideas and encouragement that can come from fellow business owners. However, a great franchise system will help provide many of the resources you need so that you don't feel like you're going at it alone. For example, 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 currently looking for franchise prospects throughout the United States - and especially Tulsa, Oklahoma City, Omaha, Lincoln, Denver and St.Louis! 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 franchise investments, great marketing strategies, resources for small businesses, 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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Topics: franchising, kids hair salon, buying a franchise, business ownership, business success, franchise opportunity, evaluating a franchise, franchise ownership, franchise success, franchise research, franchisee support, why buy a franchise, franchise, franchise success, franchising, Small Business Franchise Information, how to begin a business

10 Reasons to Invest in an AWESOME Shear Madness Kids Hair Salon Franchise!

Posted by Matthew S on Thu, Nov 16, 2017 @ 12:11 PM

Wowfranchise-1.jpgWelcome to Shear Madness Haircuts for Kids Franchising! Not only do we offer an amazing franchising system that can potentially offer an impressive return on your investment, but we really do value being able to help make a positive difference in the lives of kids and their parents. From stylists who truly care about their customers, to franchisees who work hard at helping make a positive difference in their communities, Shear Madness Haircuts for Kids is THE kids hair salon where EVERY child matters! But we also understand that while the concept is important to a potential franchisee, they also want to know how owning a Shear Madness Haircuts for Kids might be a sound business investment too. That's why we thought we'd put together the following list of ten reasons why Shear Madness isn't just a cool place for kids (even though it definately is that), but it's also a concept that may potentially translate into long-term financial success! 

A Record of Success: Franchisors like Shear Madness Haircuts for Kids will have a proven record of success. Through years of experience marketing to their customers, they usually understand what works - and what doesn't. Through becoming a franchisee, you automatically gain this valuable business advantage.

Robust Industry: Shear Madness Haircuts for Kids offers services that are in high demand. The children’s segment of the recession resistant Hair Salon Industry is one such example, It's currently worth around $19 billion. To date, there are around 45 million kids in the Shear Madness age group – and this is expected to grow by about 7 million by the year 2020! 

Marketing Support: Ask anyone who runs a business, and they’ll tell you that marketing not only takes a lot of time – but can cost a lot of money too. However, an effective marketing plan is critical in letting the community know about what your business does, where it’s located, and so much more. For example, Shear Madness Haircuts for Kids understands this, and offers great resources and strategies to help businesses attract new customers.  

Buying Power:  Franchisors usually have experience in knowing what products sell well and what don’t. Additionally, they have the knowledge on how to negotiate for the best prices on everything needed for the successful operation of the business. Many times the sheer number of franchise locations allows the franchise to negotiate for better pricing.

Store Location: Where to locate is an important question any business owner should consider. Franchisors help study your community in order to help you find the best possible location for success.  They know the numbers and other criteria that allow for the possibility of a successful franchised business.

The Brand: A franchise brand is a powerful tool. As an example, the Shear Madness Brand is one that is instantly recognizable as being fun. Those who own a franchise with Shear Madness are automatically connected to the tens of thousands of parents and children who love who we are and what we do. This translates into many repeat customers who share with friends and family about their great Shear Madness experience! 

Building your Store: One of the benefits in buying a franchise is the franchisor's expertise  in designing the layout of a prospective business, working with the right contractors, and knowing how much furniture and equipment will be needed. Again, this helps a business owner save time, money, and keeps the headaches to a minimum! 

Networking: Franchising can be a little like a group of trusted friends, and should be a great environment of sharing and building each other up. Franchise owners who work with other franchisees and communicate what works and what doesn’t will have a competitive advantage over those who don’t! 

Training Support: Great franchise systems have worked hard to develop many training resources to help you achieve success. For example, with Shear Madness Haircuts for Kids, we provide our franchisees with in-store training with stylists, and encourage opportunities to network with other franchise owners. Because of this, you’ll have access to a wealth of business knowledge at your fingertips.

Minimizing Risk: Ultimately, as a potential owner of a franchise, the success of your store will be up to you. But through being a part of a franchise system like Shear Madness Haircuts for Kids, the risk of starting a new business is significantly reduced. Sure, there will still be challenges that come your way, but as a franchisee, you’ll have greater confidence and know-how in how to succeed. 

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 franchise 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!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

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 currently looking for franchise prospects throughout the United States - and especially Tulsa, Oklahoma City, Omaha, Lincoln, Denver and St. Louis! 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 franchise investments, great marketing strategies, resources for small businesses, 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

Exploring a Children's Salon Franchise

Topics: buying a franchise, evaluating a franchise, franchise success, franchise buyers, franchise, business success, franchise growth, Small Business Franchise Information, business ownership, how to begin a business, small business how-tos, franchise opportunity, franchise ownership, franchise research, franchisee support, haircare franchise, why buy a franchise

Making Sure Your Franchise Door Fits!

Posted by Jim Otto on Tue, Oct 17, 2017 @ 15:10 PM

opendoor.jpgIn his book START WITH WHY, Simon Sinek tells the story of a group of American car executives who went to see a  Japanese assembly line. At the end of the line the doors were put on the hinges just like in America. However, something was missing. In America the workers at the end of the line tapped the door with a rubber mallet to make sure the doors lined up properly. In Japan that job did not seem to exist. Confused, the American auto executives asked at what point they made sure the doors fit perfectly. The Japanese guide looked at them and smiled sheepishly, "we make sure it fits when we design it". You see, in the Japanese auto plant they didn't examine the problem and accumulate data to figure out the best solution - they engineered the outcome they wanted from the beginning. If they didn't achieve the desired outcome, they understood it was because of a decision they made at the start of the process. 
 
My suggestion would be to apply the same rules before you buy into a franchise. Buying a franchise should be a process where you examine all the possible outcomes. Some important questions you might want to ask yourself in the exploration process BEFORE you buy might be are... 
  • How many hours will I need to work and how will that change my lifestyle? 
  • How much money can I reasonably expect to make for the money I invest? 
  • Can I manage people and can I find enough workers for my franchise? 
  • Is there a demand for the service in my area?
  • Does the franchise I am considering have a proven track record of success?  
  • Do they have the training and support that I need, when I need it?  
  • If my franchise fails, will I be able to recover and still live comfortably?  
 
Making sure that you understand what you're getting into and what the desired outcome might look like will really go a long way toward giving you the comfort level you need to make a decision. Otherwise you may end up feeling like you should hit yourself over the head with a rubber mallet! 
 
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 franchise 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, 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: franchise success, franchise research, franchising, how to franchise, how to buy into a franchise, Small Business Franchise Information, buying a franchise, evaluating a franchise, franchise buyers, franchise opportunity, franchise ownership, successful franchisees, Business Tips, business ownership, growing a small business, franchisee support, why buy a franchise, business success

Sacrificial Success and Franchising Folly

Posted by Jim Otto on Tue, Sep 19, 2017 @ 14:09 PM

sacrificialsuccess.jpgI recently met with a top-notch franchise consultant. He had developed a franchise system that he had built out and sold for a handy profit, hence his new business of being a "Franchise Consultant". Everyone wanted to know what his secret to success was. After two days of meetings with Bob (his name for the sake of this article) he finally told me the secret. As he was describing various franchisees, he told me about his best franchisee ever.  "Our best franchisees did about 2.5 to 3 million per year, but we had one guy in Milwaukee who did almost 5 million!"

What?! That's amazing! Of course, I wondered how in the world this guy in Milwaukee did it. I asked Bob about it, but it wasn't until 2 days later that he finally gave me the secret to this Milwaukee franchisees success. Bob simply said, "He worked harder then everyone else."  

Now don't get me wrong, there are a number of things that can account for franchise success. But what gets missed is that the individual  in Milwaukee didn't just work harder then other franchisees - he made personal sacrifices that others weren't willing to make. Being the best requires more than hard work, it requires doing things that others aren't willing to do. In the book "Outliers", Malcolm Gladwell studies the great prodigies and people of genius throughout history. From Mozart to Bill Gates they all had one thing in common. They all practiced / studied over 10,000 hours. Were they bright and talented? Yes! But did they study and practice longer then everyone else? Yes!  
 
The real folly is thinking that if you buy into a franchise system, you'll be guaranteed success. However, while a franchise system will certainly provide you with a big advantage over going at it on your own, the simple truth is that you must still be willing to make personal sacrifices to make your franchise successful! 
 
Shear Madness Franchising franchises Shear Madness Haircuts for Kids salons. We have worked with franchisees in providing excellent support and service (in order to encourage continual growth and franchise 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. Having a knowledgable support base who can help guide and advise you through your business journey is a significant advantage of franchise ownership!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

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, 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

Exploring a Children's Salon Franchise

Topics: buying a franchise, franchise success, how to franchise, business growth, Business Tips, nourishing success, successful franchisees, franchisee support, Small Business Franchise Information, franchise buyers, franchise growth, franchise ownership, franchise, franchise success, franchising, salon franchise

Shear Madness Haircuts for Kids Opens in North Kansas City / Liberty, Missouri!

Posted by Matthew S on Wed, Aug 23, 2017 @ 11:08 AM

NKCOpen.jpgAre you looking for an awesome experience that combines the magic of childhood with haircuts, parties, salon services and a fantastic kids boutique filled with toys, hair products, jewelry and more? If so, there’s a new salon in town that promises to help you transform the scary experience of getting your kids’ haircut into a fun one! The end result is a happy child with a great haircut, and a memorable experience everyone will be talking about for days to come! This growing hair salon for kids opens their newest location in Liberty/Northland at 8261 North Booth Ave and Hwy.152 in August. The answer to harried haircutting experiences, Shear Madness Haircuts for Kids offers great haircuts and ear piercing for children while they sit in little cars and watch their favorite programs on flat-screen TVs or play video games! There are also normal chairs for older kids and adults who would like to get a haircut. And don’t forget that Shear Madness offers kids parties for your special occasions, as well as a great kids boutique filled with a unique selection of toys, hair products, hair bows, jewelry & more!
 
“I'm thrilled to bring the Shear Madness experience to the Liberty/Northland area, and offer the same great service to our customers in North Kansas City that we do in Olathe and Lees Summit. Our store not only helps facilitate a magical and memorable experience for your child, but also helps turn the necessity of a haircut into extraordinary fun," said Janon Otto, CEO of Shear Madness Franchising and local franchise owner. "Moms, dads and also grandparents can feel good about visiting us. There is now a special place for Kid's haircuts!  No need to worry that your child may not behave as you would like!  We LOVE that any child with special needs we can accomodate them and make them feel special.  We also try so hard to fill the toy portion of our store with items that are unique and fun to play with!  Hoping that your children will enjoy them, and that you may find an easy quick place to pop in and pick up a gift.  Shear Madness also carries styling and hair care products not found elsewhere that are specially designed with the health and needs of kids in mind. We also pride ourselves in having the best selection of hair bows, etc. in the city!"
 
Shear Madness Haircuts for Kids locations are currently open in Kansas, Missouri, New York, Iowa, Texas, California and New Mexico - with expansion into other states planned for the near future! Shear Madness Haircuts for Kids in the Liberty/Northland area will be open seven days a week, Monday through Friday from 10 a.m. to 7 p.m., Saturday from 9 a.m. to 5 p.m. and Sundays from noon to 5 p.m. For more information on Shear Madness, or to schedule an appointment, please visit our website at www.shearmadnesskids.com.
kidssalonpics.jpg

Shear Madness Haircuts for Kids - Where Every Child Matters!

Would you like to sign up for our Monthly newsletter? If so, click HERE!

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 salon franchise systems 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, 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

Exploring a Children's Salon Franchise

Topics: north kansas city, liberty, missouri, haircuts for kids, fun for kids, Shear Madness Haircuts for kids, buying a franchise, kids hair salon, baby's first haircut, back to school haircuts, first haircut, hair care, kids hair products, kids boutique, kids haircuts, kids hairstyles, kids retail, kids salon kansas city

Understanding Your Biggest Fixed Business Expense

Posted by Jim Otto on Wed, Jul 12, 2017 @ 12:07 PM

fixedexpense.jpgIn franchising a lot of time and effort goes into researching the best opportunity. If the franchise system that you are looking at has at least some track record and history of performance, you'll discover on close examination that they'll have over performing locations, average performing locations, and under performing locations. The list of reasons that this happens is a mile long. But with "location" as usually being listed as one of the top reasons that a franchise fails, make sure that the franchise that you are buying into has a model for picking a location that has proven track record of increasing your chance for success. 
 
After you find a space, rent will almost always be one of your highest fixed expenses. So make sure that you sign a lease that is commiserate with the amount of revenue that your franchise produces. A simple rule of thumb is that the lower the margin on your good or service, the lower your lease payment should be. Lease payments on most businesses should be in the 10 to 15% range of revenue once the business has matured. Many franchises and businesses have failed because they were paying unreasonable rent, and unfortunately landlords are unsympathetic to business owners when it comes to obligations that you have assumed when signing a lease.
 
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 franchise 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, 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: buying a franchise, evaluating a franchise, franchise buyers, fixed expenses, franchise ownership, Business Tips, business ownership, business success, how to begin a business, business skills, small business how-tos, growing a small business

When owning one franchise just isn't enough!

Posted by Matthew S on Wed, Jul 12, 2017 @ 12:07 PM

BenefitsMultiunits.jpgFor many franchise business owners who love what they do and want to continue building their story of success - sometimes owning a single store just isn't enough! And while there are certainly important considerations to think about before embarking on a journey towards multi-unit franchise ownership (which you can read about here in our article, Tips on Becoming a Multi-Unit Franchisee), there's also a number of great benefits in owning more than one store too!
 
Profitability: Possibly one of the most attractive benefits of owning more than one store is the potential boost in profits through multi-unit development. For example, multiple ownership of stores might improve vendor discounts and savings through the sharing of resources between locations. Plus, when building a new location, a business owner will have the skills and knowledge they gained through opening a prior location, which could facilitate a more efficient (and potentially less costly) build-out. However, careful research of communities before building a new location must be done in order to understand when the break-even point for each store might be reached. 
 
Working Smarter: As mentioned in the paragraph above, a business owner who already has opened and successfully run a store should understand what it takes to ensure business success. They're usually able to work smarter and with more efficiency! Plus, when opening multiple stores in a franchise model, you already have the advantage of understanding how the franchise system works - which means that opening a new store shoudn't take as much time as it might have back when your very first store was opened!
 
Geographic Advantages: With multiple units, not only could there be savings through marketing campaigns (as marketing could be just as effective with many stores in the same region, as opposed to just one), but a franchisee could also see benefits through staffing. For example, if a new store is opened, a business owner might want to shift several seasoned employees to the new location to help with training. Or, if one store finds that it needs additional help, employees could temporarily be moved from one location to the next. Additionally, some staff could be assigned to cover multiple locations as well. An employee who works 15 hours a week may agree to help out 20 hours a week in order to help with an extra store or two.
 
Increasing Brand Awareness: Through opening a new store in a new area, you're increasing the amount of recognition your brand has, and it potentially opens up the products and services your store offers to thousands of new customers. Also, a new store located within a community may be more effective in being involved as a positive presence in that community, such as participating in local events (parades, festivals or clubs). Having a trusted brand that is seen by customers as beneficial to the community may give your business an edge over a competitor!
 
Shear Madness Franchising franchises Shear Madness Haircuts for Kids salons. We have worked with multi-unit franchisees in providing excellent support and service (in order to encourage continual growth and franchise 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. Having a knowledgable support base who can help guide and advise you through your business journey is a significant advantage of franchise ownership!

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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, 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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Topics: multiunit franchise, buying a franchise, evaluating a franchise, Business Tips, business ownership, Small Business Franchise Information, franchise buyers, business growth, Free Resources for Businesses