Sacrificial Success and Franchising Folly

Written by Jim Otto

I recently met with a top-notch franchise consultant. He had developed a franchise system that he had built out and sold for a handy profit, hence his new business of being a "Franchise Consultant". Everyone wanted to know what his secret to success was. After two days of meetings with Bob (his name for the sake of this article) he finally told me the secret. As he was describing various franchisees, he told me about his best franchisee ever.  "Our best franchisees did about 2.5 to 3 million per year, but we had one guy in Milwaukee who did almost 5 million!"

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Meet Seven of Our Franchise Owners!

Written by Jim Otto

The past several years have been EXCITING years for our team! Owning and operating a kid's shear madness salon franchise has it's share of hurdles 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 10 locations open (with more on the way)! Our incredibly COOL salon concept for kids has franchise locations now in Lees Summit MO, Albuquerque NM, San Antonio Texas, McAllen Texas, Amherst New York, Humble Texas, West Des Moines and Ankeny Iowa and a NEW location in Lake Forest, California - all thanks to our dedicated and enthusiastic franchisees and our team. Now we would like to take a moment and recognize some of our fabulous franchise owners and their families. To our ever growing Shear Mad-tastic Family - here's to you!

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Seven Things Every Franchisor Should be Doing

Written by Jim Otto

Many business owners will often take a look at their business and ask, "how can I grow?". Friends will look at them and say "Hey!  You ought to franchise!".  Sounds good - franchise your business!  Easy, right?!  Just find some people who want to do what you do, teach them to do it, and then sit back and collect all that royalty! Wow - So Easy!

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Four Basic Steps to Evaluating a Franchise System

Written by Jim Otto

New businesses are formed every day.  And businesses close their doors every day as well!  The chances of starting a blockbuster business on your own are small.  This is why the whole idea of buying a franchise business is a popular one!  Those businesses should have a track record of being successful, and should have systems in place that you can replicate. 

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The Big Red Flag of Franchising!

Written by Jim Otto

People are requesting information about our franchise on a daily basis. The two most often asked questions I get are, “how much does it cost?” and “how much can I make?” These are questions that most interested franchise buyers have the right to know. If I may, I'd like to offer prospective buyers a question that would answer the other two and save everyone a lot of due diligence and research. You see, I think the most important question that franchise buyers should ask is, “How many of your locations have closed?”

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