Despite franchising being a safer way of doing business, it doesn't mean that it's risk free! Because of this, it's important when researching franchises to carefully look at your options, and find out which franchise systems could cause you major problems over the long run - and which franchise systems will provide you with a great formula for franchise success! Below are some of the top problem areas in why a franchise might struggle.
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2015 was another year of GREAT franchise growth for Shear Madness Franchising! We began our expansion into the Northeast United States by signing a multi-unit development agreement in the late spring and now have a location open in New York State. This agreement will allow us to expand our award winning Shear Madness Haircuts for Kids concept into our sixth, seventh and eighth state and give us continued momentum going forward into 2016. Some of the reasons Todd Danni (our New York franchise owner) selected Shear Madness Haircuts for Kids was because of our franchise experience, our commitment to multi-unit development, a healthy and balanced relationship with the franchisor, and the ability to "test" market a location.
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Is there really room in the lucrative hair care franchise market for a Kids Hair Salon Franchise? And for that matter, is the hair care franchise industry a good place to invest your franchise dollars? Because let's be honest. There's already a number of low cost family hair salons out there - perhaps some that currently operate within your own community. But what about children? Can this potential for profit within this hair care segment really be there? For the individual investigating franchise opportunities, these are valid questions that are good to consider.
The past two years have been EXCITING years for our team! Owning and operating a kid's salon franchise has it's share of hurtles and challenges, but we maintain a positive attitude and outlook as we keep pressing forward! It has been fun to see all our hard work paying off as we now celebrate having 7 locations open! Our incredibly COOL salon concept for kids has franchise locations now in Lee's Summit MO, Albuquerque NM, San Antonio TX, McAllen TX, and West Des Moines IA thanks to our dedicated and enthusiastic franchisees and our team. Now we would like to take a moment and recognize each one of our fabulous franchise owners and their families. To our ever growing Shear Mad-tastic Family - Here's to you!
