Before You Buy a Franchise, Make Sure You Check These 5 Boxes

Posted by Briana Hall on Mon, Aug 26, 2019 @ 12:08 PM

There is so much that goes into finding the right franchise for you. After all, it is going to be your baby and you want it to succeed. Still, there are a few things you need to consider heavily when looking into a franchise.

Before-You-buy-a-Franchise

You have done your research and decided that buying into a franchise system is the right course of action for you and your family. Franchising is a proven business model that offers the chance to be in business for yourself - but not by yourself! But before you sign on the dotted line, let me offer you a final check list of things that may make or break your franchise:
 
* Strong Demographics - It sounds almost elementary, but make sure there are enough customers in your protected territory. Depending on what franchise system it is that you own, it takes a lot of customers to make a profitable location. 
 
* Recurring Revenue - Don't try and reinvent the wheel, or be talked into something that is not proven. Look at the top franchises over a long period of time. They almost all have one thing in common: customers that come back again and again. Franchises that have a high Customer Long Term Value (also referred to as CLV) have sustainable business models. 
 
* Competition -  Make sure that you are bringing a new and exciting franchise business into your market. Creating the pre-opening buzz will get you off to a strong start. If there are already lots of businesses doing what you are doing in your market, then you're banking on the fact that your franchise differentiates itself enough to steal loyal customers from those other businesses. And that may be harder then you think! 
 
  • High ASI Ratio - Simply put, you want to own a franchise with a high Average Sales to Investment Ratio. The higher this ratio, the higher the return on sales. Look for a ratio of at least 2 to 1. So if Your build out cost is $200K, then this would be  $400K in revenue.  
 
  • * High ROI - You will want a good return on investment.  If you can determine what the average Net Income is then divide that by the your investment ($50,000 Net Income/ $200,000 Cost) - this gives you a return on investment (ROI) - if this is really high, it may be that although you may have a low ASI ration - the investment is still worth it.  And Vice Verso - if the ASI is high - looking at the ROI is important as this could still be low even with a high ASI.  Normally higher return on investment means that you will need to be more involved with your business.  So when evaluating your ROI make sure and take into consideration the amount of work you the owner will have to do.
 
If you have a passion  for business, franchising is an exciting way to create income and accumulate wealth for yourself and your family.  Additionally, if your franchise has these four business metrics you should be well on your way to owning a successful business! 
 

Your Future is Bright!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, employee, employee loyalty, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, kidshaircuts, franchise investment, profitability

Your Employees Have To Have These Two Things!

Posted by Briana Hall on Mon, Aug 19, 2019 @ 09:08 AM

Today there are two things as employer you want your staff to have: a great work ethic and a great attitude. Neither of these are things that can be taught, but are essential when having a great team of people at work.

Essentails-for-your-employees

When you buy a franchise there are lots of things that the franchisor will teach you. The systems that a franchise has and how well you follow those systems may ultimately be the difference between your success or failure. One area that you will have the most control over is your staff and employees. Your franchisor will help you with build-out, initial and on-going training support, marketing, even guidance on getting to break even and beyond, but you will have to manage your staff. Your Human capital is one of the most vital parts of your franchise operations for a number of reasons. Your employees deliver your product, they are the face of your business, they create the fabulous experience that brings your customers coming back, they create those little interactions that make your customers think, " Wow, this company really gets me". Developing a great staff doesn't happen over night, it takes time. Additionally, if your new hires don't have the following two attributes, getting your franchise to where you want it to be is going to take longer than planned. 

 

* A Work EthicYou can't teach someone to have a work ethic. Work ethic is a tricky thing, some people have it out of need, they have a family and need to support and provide for their family. Some people learned it from there parents and are modeling it. But one thing is for sure, if you are going to put together a great team, having employees with a good work ethic is critical. 

 

* AttitudeI have heard people say, "That person needs an attitude adjustment", and you know I have seen that work, but only on a temporary basis. You know what behavioral psychologists will tell you, past behavior is the best predictor of future behavior. Companies spend a great deal of time and money working with and trying to fix people with bad attitudes. Find people with a good attitude about your company right from the beginning, nurture and train them, show them there valued, and your people will work together as a team. 

 

Getting your staff to work together as a team to create a fantastic customer experience is crucial to your franchises success. During the interview process you can ask questions that will give you clues on whether your candidate has these two important attributes. You are going get to where you want to go a lot faster if you can find candidates that have these two attributes. 

 

Building a better future TOGETHER!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, employee, employee loyalty, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, kidshaircuts, franchise investment, profitability

Why Do People Miss This When Looking For a Franchise?

Posted by Briana Hall on Wed, Aug 7, 2019 @ 15:08 PM

The moving parts of creating a successful business all stem from one important factor. While there are a lot of key components that go into creating a successful business, if you forget about this one, your structure is going to come crashing down.

What-are-you-missing

There are lots of moving parts to a franchise, including your franchisors opening assistance, training and ongoing support. All of the aforementioned are important to your success as a franchisee, and the best way to measure these are to talk to current franchisees. 

 
As important as all these factors are, many people looking to buy a franchise fail to look at what is arguably the most important component of all: the customer. More specifically, how many customers are there for your concept where you want to open? Or, how many times will they come back in a given year, and how long can you hold on to them? This is called customer long term value, or CLV, and it can be the difference between your success or failure. 
 
Think about this, would you rather own a business where your customer comes back twice a year, or 8 times a year? Will they come back for the next 2 years, or the next 8? Will you be able to create a loyal customer or one that only needs your service once or twice per year?
 
Customers are fickle! Make sure that you have lots of them in your trade area, and that the franchise you are looking at can hold on to them for a long time.
 

Building a better future TOGETHER!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, how to buy into a franchise, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, building relationships, business, franchise investment, profitability

Every Successful Franchise Has ONE Thing In Common

Posted by Briana Hall on Wed, Jul 31, 2019 @ 09:07 AM

There is a difference between doing well and succeeding. Not every franchise is going to be the same when it comes to making that perfect formula either, but there are 3 things you can do to ensure that you are off to a good start!

Determination-to-Succeed

I was recently reading a Franchise Times magazine and stumbled across an article about someone who had built up several franchise systems. He had grown to where between the two he had over 700 Units! As I continued to read, it just so happened that he was a neighbor of mine in Overland Park Kansas.  I connected with him on LinkedIn and was not surprised to learn that he had the one trait that EVERY single successful franchisee I have every talked to has, a Determination To Succeed. You can buy into the greatest franchise concept ever invented but without the determination to succeed it may not be enough. Some other pearls of wisdom that he shared with me. 

- You may not get it right the first time 

- Focus on the one thing that you can change - the customer experience 

- Keep learning as you go along 

Franchising is a proven business model and the amount of money spent at franchises every year is staggering. But it's still hard work, and there will be times when the only thing that will push you through and get you over the hump is that one thing that all successful franchisees have, the Determination to Succeed 

 

Success is yours TODAY!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, franchise investment

5 Reasons NOT To Grow Your Franchise

Posted by Briana Hall on Fri, Jul 26, 2019 @ 09:07 AM

Quality over Quantity when trying to build a business. There are many reasons to grow and expand, but here are some things to think about before you take the next step in expansion.

5 Reasons NOT to Grow your Franchise-01 I know this sounds counter intuitive to every thing that you have heard about building franchise systems. Last week I wrote about my neighbor who had grown his two franchise systems to over 700 units. But there are times to step back and NOT grow your franchise  business, here are the 5 top reasons

* Increased Risk - With growth becomes more financial obligations to both your businesses and your team. Build a cash flow model and make sure that your revenue can support the additional obligations that you will be taking on. 

* Increased Workload and Stress - Growing a business is tough, on you, your teams, your family. It means working longer hours, bigger responsibilities, more complicated structure, more supervision and more complicated operations. 

* Drop in Quality -  Growth unfortunately can come with a drop off in service quality. You have worked hard to build up an A team, can you keep finding those A players while you grow that deliver that fantastic customer experience? 

* Increased Cost - More revenue is almost always accompanied by increased expenses. Whether in time or money, growing a business will cost you. Financial planning is crucial.

* Loss of Direct Control - Taking on more staff, growing your customer base, extending your network of suppliers, will all put additional stress on your systems and processes.  Being able to delegate duties to the right people and having them follow through may prove challenging. 

Here's the bottom line, if you like to control every aspect of your business, have trouble delegating responsibility or you are not consistent in following your franchisors system's. It may be best to step back and NOT grow your franchise, at least until you feel comfortable that you understand what it's going to take to grow successfully! 

Your Journey, Your Success!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, multiunit franchise, best kids hair salon, franchise investment

2018: A Year of Record Revenue & Growth!

Posted by Matthew S on Fri, Jan 25, 2019 @ 12:01 PM

Continuing to build our brand & infrastructure was a major goal in 2018, as well as engaging franchise candidates who would like to join our Shear Madness family!

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We continued to build out our intranet site and make it a valuable hub of information for our franchise partners. Our intranet site houses our proprietary and award winning training manuals and modules along with housing our franchisee friendly library of marketing materials. 

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Additionally we redesigned our website to make it more mobile friendly and usable for customers looking for our locations, as well as to capture and inform more franchise candidates on our award winning system. After our redesign we had a top rated franchise media company grade our website and it received high marks for usability and overall appearance. You can visit it at Shear Madness Franchising. Let us know what you think!

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As with most franchise systems, building our brand is a constant goal. In 2018 we were awarded the Number One Children's salon franchise in America by Francompare, an independent rating service based in Oakland California. Francompare uses a sophisticated 45 point rating system when grading franchises and has an exhaustive database of franchise disclosure documents that they comb through before they give out their franchise winners. 

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We look forward to 2019 and to continue to build on what is most important to us: being selective in our franchise awarding process and awarding franchises to those candidates that understand our culture. Equally important to us is giving our current franchisees the ongoing support, training and marketing assistance that they need to be successful. We also strive to create an over the top customer experience. At Shear Madness Haircuts for kids, Where Every Child Matters is more than just a slogan, it's what we believe in and why we do what we do. It's why we exist! We're confident that 2019 will be our best year ever! 

Grow With Us in 2019!!!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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

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Topics: franchise opportunity, business growth, franchising, franchise growth, business success, kids hair salon, best kids hair salon

The Pain That You're Missing in Franchise Selection?!?

Posted by Jim Otto on Thu, Nov 15, 2018 @ 16:11 PM

ouchMany of you may have seen a show on TV called Shark Tank. If you haven't, entrepreneurs attempt to convince 6 highly successful business people as to why they should invest their money in the next great business idea. Most businesses start this way and unfortunately it's probably one of the biggest reasons for business failure! 
 
Many people start their search for a franchise without measuring the most important thing: are there customers for the franchise? More importantly - and don't miss this - is doing what you are doing so PAINFUL (so-to-speak) for the customer to do themselves, that they have to come to you?  In business we call this the Shark Bite (no correlation to the Shark Tank). If your customer can do it themselves or go to you, well that may be like a mosquito bite - and it may be a nuisance that they are willing to live with. However if the customer's pain feels something like a shark bite, then customers will be eager to pay you to ease their pain!  
 
Great businesses and franchises begin by solving a customer problem.  This is why it's so important to try and figure out if the franchise that you are buying solves the pain your customers are feeling. For example, take our Shear Madness Haircuts for Kids salon franchise. I know that many of you reading this may be parents, and let's be honest...have you ever tried to cut your two year old's hair? Trust me, it's a shark bite,  and our customers are more then happy to have one of our award winning stylist ease there pain vs. trying to do it on their own. And with our TVs and XBox games  at every station to help provide a positive distraction for their children, they end up coming back for years!
 
So before you select a franchise, focus on the BIG pain point. Remember that any big problem is a big opportunity, and customers will be more then happy to pay you to ease their pain.

Award Winning Care!

francomparesmfawardShear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons  (FranCompare™ Best in Child Hair Care 2018). 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: Shear Madness Haircuts for kids, franchising, why buy a franchise, best kids hair salon

The Quickest Way to Start YOUR Successful Business!

Posted by Jim Otto on Thu, Nov 15, 2018 @ 13:11 PM

rampuptimeOf all the reasons to choose a franchise versus going it alone, ramp-up time is one of the most import. I get called from time to time and the conversation typically goes something like this, "Hey, I found you guys online. I have a GREAT children's salon and I really think you guys might be interested in buying it!" I will tell you from experience the two phrases, "great business" and "I want to sell it" don't really go together. Typically when I am presented with the numbers, there's one thing that stands out: the business took a long time to ramp-up, which caused the business owner to burn through a lot of his working capital. In a well run franchise system your ramp-up time should be greatly accelerated for the following reasons:
 
* Build Out Assistance - If the franchise that you are looking at is "turn-key", then all of your furniture, fixtures, supplies and architectural plans are provided. This allows you to get open sooner! And when you get open sooner you start to produce revenue faster, which allows your working capital to last longer.
 
* Training -  Think about it, can you think of ANY job that doesn't take some training? Then why do potential business owners make the mistake of thinking they can open a business and run it on the fly without any knowledge of how it works? And one more thing...doesn't it make sense to drastically reduce your learning curve? If it does, then I would strongly consider a franchise vs going it alone. 
 
* Ongoing Support - As a business scales it needs to be able to handle more and more volume without harming the customer service or experience. Being able to call your Franchisor for guidance with questions  (like when to add additional staff and other important issues) when your business is growing is a big advantage of being part of a franchise system. 
 
* Marketing - Almost always when you research on some of the reasons that businesses fail, you'll probably discover that ineffective marketing comes up in the top 5. A well run franchise should be able to tell you the most effective ways to get your customers through the door and get people talking about your business. 
 
One of the biggest challenges that you will face in business is ramping it up quickly! When your business starts off strong and ramps up quickly, it will take a lot of the stress off of you as the owner and will allow you to scale the business. Because of the past experience and systems that are associated with a well run franchise, franchising offers a huge advantage over going it alone!

Our Experience, Your Success!

francomparesmfawardShear 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

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Topics: franchising, kids hair salon, franchise success, franchise system, ramp up time

How to Make This a Thanksgiving to Remember!

Posted by Matthew S on Thu, Nov 1, 2018 @ 12:11 PM

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Shear Madness Specials for November! Here at Shear Madness Haircuts for Kids, we are so thankful to YOU - our amazing customers! You all are fantastic!

Gift Giving Season is upon us, and we have some great specials for you! Buy a gift certificate for ear piercing with a diva day, you'll also get a pair of Tiny Tips earrings for FREE!  Also Buy a gift certificate for a Diva Day WITH $10 in retail purchases, and you can get a BOWdacious Hairbow or Jewelry Item for FREE! Plus, don't forget about our amazing White Wednesday and Black Friday specials, which we'll be sure to let you know through an upcoming eblast! And lastly, we're gearing up to help kids in our communities by accepting donations for Toys for Tots! After you spend $50 in retails, you can receive 40% off your Toys for Tots donation! Plus, Spend $50 on anything in our store, and Shear Madness Haircuts for Kids will donate a toy to Toys for Tots! WOW! (Sales may vary by location) 

didyouknow.jpgDid You Know??? Our Tiny Tips earrings are perfect for kids once their piercings have healed. They are hypoallergenic, sterilized and made to a medical grade in the USA. Tiny Tips provides parents with earrings that they can trust for their children's ears after the healing period, and come in a variety of cool styles available at our participating stores! Read more about Tiny Tips right HERE! As we mentioned above in our Special November Sales section, it's a really GREAT deal to get a pair of these Tiny Tips for free with a gift certificate for a ShEAR Dazzled Diva! 

leafDon't Forget!!! Don't forget that your local Shear Madness Haircuts for Kids will be closed on Thanksgiving Day (Thursday, Nov. 22). But we'll be back on Friday and ready to ROCK for all your great haircutting needs - along with cool toys, jewelry, hair products, madtastic accessories, parties, gift certificates (which make a great present for Christmas), ear piercing and much, much more! From all of your friends at Shear Madness Haircuts for Kids, we wish you a Happy Thanksgiving!

BlackFridaySaleShear Madness Black Friday Sales!  This is one of the most exciting days of the year when it comes to finding a great deal - which is why you definitely won't want to miss out on some truly Madtastic specials at Shear Madness Haircuts for Kids (at participating locations)! Be sure to keep an eye on that e-mail inbox as we'll be sending you the details SOON on Black Friday and White Wednesday Savings! Click here for locations and contact info.

Best in Child Haircare!

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Don't Miss THIS! Are you or someone you know interested in learning about what it's like to own a Shear Madness Haircuts for Kids? If so, just click the graphic at left to view a testimony from a Shear Madness Franchisee! Afterwards, you might want to click on Franchise Opportunities and download our totally free and super useful booklet on franchising. Inside, it contains photos and other helpful information on the franchise experience. Plus, if you're interested in talking with us about the exciting adventures in owning a kids hair salon, just give us a call at 1-888-98 GONE MAD! We look forward to hearing from you soon!

Even More Madtastic News!

socialmediaicons2.jpgYour Online Destination for FUN! Do you love checking up on what's going on via social media? If so, you'll have a great time seeing what's new at Shear Madness Haircuts for Kids via our fun Facebook page, or by taking a look at some of our favorite Shear Madness pins this month on Pinterest! And you won't want to miss the cool excitement on InstagramTumblr, Twitter and Google+! Meanwhile, if you're looking for informative articles on franchising and how to achieve business success, don't miss our Franchise Blog!

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Thanksgiving Savings! Spectacular specials only available by coupon! For example, right now two of our cool coupons is for the following: 25% Off any Pair of Tiny Tips Earrings. Or if that's not quite your thing, how about Buy 2 Die Cast Pull Back Vehicles and get a 3rd for Half Price (at participating locations). Awesome! Maybe it's time to get some of that Christmas shopping done a little early this year! For this and our other coupons, just click on coupon page!  

November Crafts and More!

turkeytoyAMAZING Crafts for Kids! Check out our Madtastic Crafts for Kids section on Pinterest, and spend an hour or two over the holiday making a no-sew sock turkey craft (as pictured at right)! What FUN! Also, discover how to make tasty pretzel turkey bites (with candy corn), a metal dragon egg, a cute paper roll kitty cat, a cardboard nature sun catcher, awesome paper pumpkins, beautiful glitter acorns, a candy corn scarecrow and a maple leaf fall snow globe! Have a great November!

Make a Positive Difference Today!

francomparesmfawardShear 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

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Topics: kids crafts, monthly sales, coupons, franchising, thanksgiving, why buy a franchise

Franchising Your Retirement

Posted by Jim Otto on Thu, Oct 11, 2018 @ 13:10 PM

retirementMany of you may never have seen this before, but the Social Security Administration used to send you in the mail what your monthly Social Security benefit would be at retirement (this info can now be accessed online on their website). What always stuck out to me was a statement on the front page, " Social security should not be your only source of retirement income, you will need to have other sources of income at retirement".  
 
I was recently asked the following question  on a social media forum that I was participating in: "Is a franchise a good way to create additional retirement income?" My answer is both "yes" and "no". 
  • Yes - If you do your homework and you understand the time commitment that it's going to take to own and manage a business. 
  • No - If you are looking for a totally passive income opportunity like a rental property. Most franchises will require you to have business skills and the ability to manage people.
 
  • Yes - Because most franchise's earn between 10 and 15%, well above current rates that banks and bonds are paying.
  • No - If you have a low tolerance for risk. There is no guarantee that if you buy a franchise you will be successful.  
 
Creating retirement income comes down to diversifying your portfolio into as many income producing  assets that you can find. Because of the return and the limited options in this low yield environment, a Franchise may be the perfect  option for you.    

Make a Positive Difference Today!

francomparesmfawardShear 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

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Topics: franchising, business success, franchise success, smart investments, franchise system, retirement