Top 5 Plus Reasons to Own a Franchise!

Posted by Janon Otto on Wed, Jun 13, 2018 @ 13:06 PM

5reasons.jpg"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."

Ultimately though, it's important to understand that a franchise is a business model. When a business owner decides to expand their business, they have options.  One of those options is to franchise.  Franchising allows others to own their own company yet use the name, logo, and systems of the franchise business owner (the franchisor). And although a franchisee is responsible for the success or failure of their franchise location, there are some significant advantages to franchise ownership. This includes the following...

1. The franchisee doesn't not have to come up with their own unique business idea!
2. The franchisee can use the systems that have already been developed and used successfully by others, which dramatically shortens the learning curve!
3. The franchisee gets training and support with a business partner who knows and cares about the success of their new business.
4. If the franchise system is progressive, the franchisee doesn't have to worry about ongoing costs or keeping up with trends needed to develop the concept further, as the franchisor is responsible for this. Meanwhile, as the system grows, the name brand recognition grows - thus growing the business of the franchisee!
5. Tools to use for advertising and graphic design / marketing is usually provided as well.

And there is a BIG bonus to being in touch with business owners who are all trying to do the same think you are is a wonderful thing - many heads are much better than one!

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

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Exploring a Children's Salon Franchise

Topics: franchise, franchise buyers, franchise opportunity, kids haircuts, how to begin a business, small business how-tos, business growth, franchising, franchisee support, evaluating a franchise, franchise ownership, business success, kids hair salon, why buy a franchise, franchise success, smart investments, owning your own business

Finding Franchise Success in the Next Recession

Posted by Jim Otto on Fri, May 11, 2018 @ 13:05 PM

SuccessI recently attended a webinar with one of the largest franchising financing lenders in the United States. I would like to explain all the graphs that they showed us but the bottom line was this: all the signs point to the next recession hitting sometime in the next 24 months. 
  • Credit Card debt and margin buying of stocks are back to record levels.
  • The small business optimism indicator  is at record levels (this is a contrarian indicator). 
  • Retail rents are at extreme levels causing over building, even though demand is decreasing  for retail space! 
 
But what I was most interested in was a chart of the top 15 franchises according to the SBA. I can't tell you those names, but what I can tell you is some commonalities they had. 
  • Four of the top 15 were child related.
  • Most all were recession resistant. 

At Shear Madness Haircuts for Kids we feel like we combine both of these traits. As most parents look at a haircut as a necessity and not an option, and a haircut will never be replaced on the internet! Parents will always spend money on their children. They will cut out a lot of luxuries and services for themselves, but never a service that makes their children look better and feel better about themselves!
 
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 hair salon business 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 opportunity, Shear Madness Haircuts for kids, kids haircuts, Business Tips, small business how-tos, growing a small business, business growth, franchise research, evaluating a franchise, franchise, franchise success, franchising, franchise ownership, business success, kids hair salon, franchise success, haircuts for kids, best kids hair salon, small business success, owning your own business, hair salon business

In Business or Franchising - Three is the Magic Number!

Posted by Jim Otto on Fri, May 11, 2018 @ 13:05 PM

magicnumberI often get contacted by people who want to buy a franchise or business to be their own boss, take control of their destiny and live the American dream! Well, that's all well and good. But I'd like to take a moment and add a small bit of wisdom from one who has been there and has interacted with lots of people who who have also been there. 
 
It takes time. Three years to be precise. 
 
While some can do it a little faster and some might do it a little slower - on average it's going to take you about three years. If you were to pin me down, or get upset with me, or even tell me I'm crazy, I wouldn't mind. As a matter of fact, I really can't explain it other than to to tell you that after countless observations, research, and doing it myself, three years is about what it takes to create a business that gains enough traction for the owner to rightfully claim their business is on it's way to being successful. 
 
So the bad news here is this: If you're going to quit your job, make sure that you have lots - and need I say it again - LOTS of working capital. Because you may have a long runway. The other option is to keep your job and run your business on the side. This option will test your business skill, your ability to manage and find the right people, and trust them.
 
The good news here is: owning your own franchise or business can allow you to be your own boss, allow you to control your own destiny and allow you to live the American dream.
 
But like I said, it's going to take you about three years to get there. 

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: how to begin a business, Business Tips, small business how-tos, growing a small business, business growth, franchising, franchise ownership, business success, franchise success, business ownership, small business success, owning your own business, hair salon business, business

Is Your Business Invisible to Customers?

Posted by Matthew S on Fri, May 11, 2018 @ 13:05 PM

invis.jpgIt's a mystery! As a business owner, you just can't figure it out. You have a great location in a high traffic area, and you have a great store with a product or service that you KNOW the people of your community need or would love. However, you just aren't getting people to come through your door. What do you do?

I was thinking about this the other night when I was out with my family. We have an extremely busy intersection near our home, along with a nice shopping area where hundreds (if not thousands) of potential customers drive by every day. As we were looking for a little time to kill, we decided spur-of-the-moment to visit one of the stores that we had passed by every day for over a year, but had never visited before. After we had spent a little time there, we were all impressed with what the store had to offer - and wondered why we had never been enticed into shopping there before. After my spouse and I talked about it for a while (as we always find marketing and why people do the things they do to be of interest), I came up with the following...

1. We didn't recognize the brand: Even though the store was one we passed by every day, we didn't recognize the sign of the store and unfortunately had nothing to pull us into the store. Take for instance "Hobby Lobby" or "Michaels". The logo is instantly recognizable, and when you see the sign - you more than likely know what's inside. True, these are national brands that have a huge amount of marketing dollars behind them in order to build brand recognition But smaller brands who may not have those expansive resources can still work on getting the brand out to the immediate community through flyers, advertising in local papers, advertising at local sporting events, parades, guerrilla marketing  efforts, etc.

2. The exterior of the store was bland: Don't get me wrong, the exterior of this particular store is very nice. But there was nothing to actually communicate to us what was inside the store. No posters or window displays to attract our attention and help us understand what was actually waiting inside. Some local stores that we didn't know anything about prior to visiting, actually were able to get us to walk through the door through a cool window display, a banner on the outside advertising what's inside, or some kind of poster in the window showing more about what to expect inside the store.

3. Awareness of Service or Product Costs: Sometimes as a customer, we've decided not to visit a store because we don't really know how much the services or products may cost. It isn't until we look up a menu (for a restaurant) or find a sale advertisement in a local newspaper that we decide to pay the store a visit. For example, I love coffee shops. However, it wasn't until my local "Dunkin Donuts" sent me a flyer in the mail advertising their drinks that I was suddenly made aware that they were even in the community. And seeing that their drinks were comparable to what I was already spending, I was enticed to give them a try. After their effective marketing and great service, I now go there frequently.

Do you have a store that needs more customers?  Take a look at the exterior from a different viewpoint - use some of the tips above to communicate!  

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! We provide poster designs (to help communicate who we are), do photo shoots so our franchisees always have content to communicate with their potential customers!  We know that most 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: Business Tips, small business how-tos, growing a small business, marketing strategies, business growth, new locations, franchise ownership, business success, business skills, why buy a franchise, business ownership, Guerrilla marketing, small business success, owning your own business, advertising your business