A couple of years ago someone I knew attended a seminar at Johnson County Community College in Overland Park, Kansas. The students had the privilege of meeting Dr. Pankaj Ghemawat , a Harvard professor of over 30 years. Dr. Ghemawat received his Bachelor’s degree in Applied Mathematics and his Ph.D. in Business Economics from Harvard University from which he entered at the age of 16, was accepted to the Harvard Business Ph.D. program at age 19, and graduated three years later. Ghemawat has also been the Anselmo Rubiralta Professor of Global Strategy at IESE Business School in Barcelona since 2006.
"YOU ARE DOING WHAT!? That's the question we heard most when we told our friends and families that we were franchising a Shear Madness Haircuts for Kids," says Janon Otto CEO of Shear Madness Haircuts for Kids Franchising - as well as a multi-unit franchisee for Shear Madness Haircuts for Kids. "They would also ask us what franchising is, and if we had gone crazy! Looking back, it's obvious that although there are franchises all over the place, most people have no idea what a franchise is. That's why the Shear Madness Haircuts for Kids franchising toolkit (available below) is so important. It really helps explain what franchising is, as well as the advantages of owning your own franchise business."
Read MoreThere 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.