Many people who are interested in opening their own business and becoming their own boss often wonder what the advantages might be towards investing in a franchise opportunity. Following are ten reasons why buying a kids salon franchise with Shear Madness Haircuts for Kids may translate into the long-term success of your investment.
Many business's have failed due to lack of sufficient working capital. So how much is enough and what formula do you use to figure it out? I would recommend using a bottom up approach, or put another way, what could go wrong that you may not have anticipated that could cause your new business to need more working capital then you thought.
Franchisees should feel like they are being served by the franchisor. Shear Madness Haircuts for Kids understands that the road to becoming a successful business involves many unique challenges. Our franchisees have taught us that being a great franchisor is important to the success of the individual franchisees. Here are a few things that we have discovered that our franchisees really appreciate.
In Franchise systems there is a rule of thumb. Twenty percent of your franchisees will be great, sixty percent will be average, and twenty percent will be underperforming locations. Then within that top twenty percent there will be a few superstars.
Salon Franchise Options
Written by Jim Otto
SO MANY!! In the franchise world there are a plethora of options. Choosing between categories alone can be a challenge! However, one category that many times is worth evaluating is salon franchises. Why you ask? Well, everyone needs a haircut now and then. Most sectors of the salon industry are recession resistant, and it does not appear that the internet is going to be able to replace haircuts anytime soon!