As a Franchisor, we are constantly looking for people who have the right qualities to make successful franchisees. Without certain business skills and the desire to succeed and work hard, your chance of owning a successful franchise operation is greatly diminished. We have identified the following four traits as MUST haves:
- Sales Ability - In franchising, salesmen are often identified as some of the strongest and best candidates. The ability to motivate and get your staff to understand your culture is essential to your building a quality staff. Communicating to your customers and "selling" your business in your community is also important.
- Operations - Do you know who the head of operations is in your franchise? You guessed it, the owner. Your franchise should give you the systems and processes to be successful, but you will still have to make sure that you execute the strategy and make sure your operations run smoothly.
- Management - The ability to manage all the moving parts of your business is another plus. Management is the ability to be organized and detailed when it comes to the smallest details of your business. This skill is essential if you are planning on owning multiple locations.
- Experience - Candidates who have owned a business before or have been successful in one of the three skills mentioned above have a much better chance of being successful in franchising. Running a business is hard, candidates who have been in business for a while or who have shown they have the discipline and work ethic to be successful are a big plus.
Franchising is a proven business model. Most franchisors will tell you that the biggest variable in any franchise system is the owner-operator. Following the systems and processes that the franchisor gives you are important, but you need to have SOME other skills as well. We would like to show you our proven systems and get you started on your path to financial freedom, just click on the link below!
Make a Positive Difference TODAY
Shear Madness Franchising franchises our award-winning Shear Madness Haircuts for Kids salons (FranCompare™ Best in Child Hair Care 2018 & 2019). 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!
Topics:
franchise,
salon franchise,
franchise opportunity,
Shear Madness Haircuts for kids,
how to buy into a franchise,
successful franchisees,
employee,
employee loyalty,
business growth,
franchising,
franchise growth,
business success,
kids hair salon,
franchise success,
multiunit franchise,
best kids hair salon,
building relationships,
small business success,
business,
kidshaircuts,
frequently asked question,
franchise investment,
profitability
Every business wants to build the dream team with their employees. The way to do that is to find someone who has these two qualities! Let us help you nail down those two personality traits that will take your business to the top!
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 Ethic - You 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.
* Attitude - I 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.
Make a Positive Difference TODAY
Shear 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!
Topics:
franchise,
salon franchise,
franchise opportunity,
Shear Madness Haircuts for kids,
how to buy into a franchise,
successful franchisees,
employee,
employee loyalty,
business growth,
franchising,
franchise growth,
business success,
kids hair salon,
franchise success,
multiunit franchise,
best kids hair salon,
building relationships,
small business success,
business,
kidshaircuts,
frequently asked question,
franchise investment,
profitability
When starting your business, you have to think about about a lot of different components. But when it comes to specifically, what your business is going to and who is going to be your target market, you need to get very specific.
When you buy a franchise you may think that you know who your customer will be, "women, between the age of 22 and 44". However, if you want to have a really successful franchise business you have to go a lot further then that. You have to know your Core Customer, and then you have to Zero in on them.
Create a vivid picture in your head of what your most valuable customer looks like and keep this virtual person clearly in your mind. Define that customer in a "who" statement, a who statement is designed to create a clear, defined and definitive picture of who your core customer is.
As an example if you were wanting to own a chain of high end tanning salons your who statement may read something like; An image-conscious single women who wants to look and feel better with little investment in time and money.
By clearly defining Who your core customer is, you can now turn to the all important subject of What your business does. Knowing your Core Customer and zeroing in on them is the real difference between owning an average location or one that sets the pace for the system!
Make a Positive Difference TODAY
Shear 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!
Topics:
franchise,
salon franchise,
franchise opportunity,
Shear Madness Haircuts for kids,
how to buy into a franchise,
successful franchisees,
employee,
employee loyalty,
business growth,
franchising,
franchise growth,
business success,
kids hair salon,
franchise success,
multiunit franchise,
best kids hair salon,
building relationships,
small business success,
business,
kidshaircuts,
frequently asked question,
franchise investment,
profitability
There are 3 Phases that will bring your franchise to the moon, around it, and back home! We are here to let you know what those 3 phases are, what to expect, and how to navigate these waters as new owner.
When you open your franchise there are three things that are going to happen. I have done it myself, and have talked to a lot of others who have opened franchises. I can't tell exactly how long each one of these three things is going to take, only that they are going to happen. They are going to happen a little differently depending on your franchisors training and the concept that you bought into. But they are going to happen.
- Phase One: People - You’re going to spend a lot of time looking for the right people. In today's tight labor market finding the right people is a big challenge. It can take six to nine months to get a set staff, and sometimes longer. The people that you think are going to stay don't, and the ones you may not see potential at first may be the ones who rise to the top. As they say, can't "pull the wagon" without the right team. And your team delivers your product.
- Phase Two: Learning - The second month should be focused on a better understanding of the systems and processes. Yes, I know what you’re thinking; the franchisor taught me all the systems during training! The best analogy I can give you is the Astronauts that went up in Apollo 13 trained for two years for their mission. They had prepared for every type of scenario except for the type of explosion that happened and how to replace the oxygen filter to get back to earth. But together with mission control (your franchisor) they figured it out and got home safely. In business we call that "mission accomplished"
- Phase Three: Implementation - After the first 60 to 90 days you will have the real world knowledge of running your franchise. You will begin to find out why the franchisor does things the way they do and why they taught you to do it that way during training. Over time you will start to see your momentum building and the future you are building start to come into focus.
Building a successful business takes time and a franchise is no exception to that. However your ramp up time should be a lot faster with a franchise, and having "Mission Control" to guide you is a big reason why franchising has become such a successful avenue to business ownership!
To Infinity and BEYOND!
Shear 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!
Topics:
franchise,
salon franchise,
franchise opportunity,
Shear Madness Haircuts for kids,
how to buy into a franchise,
successful franchisees,
employee,
employee loyalty,
business growth,
franchising,
franchise growth,
business success,
kids hair salon,
franchise success,
multiunit franchise,
best kids hair salon,
building relationships,
small business success,
business,
kidshaircuts,
frequently asked question,
franchise investment,
profitability
What makes you the perfect franchise owner? Is it your business degree? Previous experience owning a business? Your people skills? All are great qualities, but being a SUCCESSFUL franchise owner takes something a little different that just might surprise you!
I was recently looking through a research report about what types of people make the best franchisees. The answer may surprise you, although intelligence, business skill, and former experience as a business owner are highly valuable characteristics. However, the fact that you have an MBA did not get you to the top. Neither did the fact that you may have been a CEO of a fortune 500 company. Instead, the report listed Sales Executives as the top candidates to become successful franchisees.
As I began to examine their reasoning, I saw that Sales Executives have the following traits:
- In a way Sales Executives are already small business owners. They believe in their product and have to go out everyday and sell it. In addition they understand that they are paid to produce, unlike people who have been on a salary there whole life.
- Sales Executives don't cower when times get tough. To anyone who has lived on commission you know the sales cycle can be brutal. However, you conquer these cycles by working harder when needed - always believing that things will get better.
- Most of all, Sales Executives relish the thought of unlimited earnings potential. It's what motivates them to get out of bed everyday.
What the article failed to mention was one other thing that is consistent with all great franchise owners. Great franchisees understand that they are not in the product or service business; they are in the Relationship business. Building a relationship with your customers where they understand the purpose of your business, and building relationships with your employees so that they can deliver that good or service to those customers, is the key to great franchisee success!
Success is in YOUR Future!
Shear 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!
Topics:
franchise,
salon franchise,
franchise opportunity,
Shear Madness Haircuts for kids,
how to buy into a franchise,
successful franchisees,
employee,
employee loyalty,
business growth,
franchising,
franchise growth,
business success,
kids hair salon,
franchise success,
multiunit franchise,
best kids hair salon,
building relationships,
small business success,
business,
kidshaircuts,
frequently asked question,
franchise investment,
profitability
The idea of owning multiple stores when you buy into a franchise is appealing. So why do so many people fail at it? Here are some guidelines for economy of scale that we use in our children's salons:
- Never open multiple stores at one time: Your steepest learning curve will be at your first location. If that location is successful, number two, three and four become easier.
- Find the right people and trust them: At Shear Madness Haircuts for Kids we call these people “charismatic connectors”. They have the organizational skills, leadership skills and understand numbers - and the ability to manage multiple locations for you!
- Make sure the numbers work: At our children's salons we have a number that tells us how many services a day you should do before you even think about opening another Shear Madness Haircuts for Kids salon. You should never move forward to opening another salon until you hit those metrics.
- Know your customer: After your first location you should have a rock solid idea of who your customer is: where they live, how much money they have and WHY they are your customer. This should give you a blue print for your second location.
- Never stop learning: They say in business that the only constant is change. Now more than ever that holds true. Ways of marketing change daily, customers are fickle, and brand awareness is vital. If you like a challenge, you should do well!
Owning multiple locations is an exciting way to build a future income stream for yourself and your family. Just remember one thing, business is a marathon and not a sprint!
The Shear Madness Franchise Advantage!
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 challengean 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!
Topics:
franchise opportunity,
Shear Madness Haircuts for kids,
business growth,
franchising,
business success,
franchise success,
business ownership,
multiunit franchise,
franchise location,
best kids hair salon,
small business success,
hair salon business
I was recently on a website where franchisees can go to complain about there franchisors. The common theme amongst the complaints was that the franchisor made a lot of promises that they didn't keep, the numbers weren't adding up like the franchisor said they would and they weren't being trained properly.
Of course, it's important to understand that when you buy a franchise, you'll need to wear a lot of hats! Not only are you the head of operations, but you will need to recruit the best employees and constantly train them, give customers great service, track the numbers and watch your expenses and keep your finger on the pulse of your business.
There are lots of reasons that franchises fail. Running a business is not for the faint of heart. But if you bought into a franchise, you bought into a system or process that has succeeded at some level. So my suggestion is if your franchise is not performing like you want it to, make sure that you are following the system! Franchisees often get their business up and running and then begin to change or modify existing services, advertising, products and even the quality and consistency of the customer service that they are delivering. This not only can lead to poor franchise performance, but can unfortunately be a violation of the franchise agreement as well. Yikes! So long story short, you'll definitely want to be sure to follow the franchise system you invested in, as it's a proven model for success!
The Shear Madness Franchise Advantage!
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 challengean 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!
Topics:
Shear Madness Haircuts for kids,
successful franchisees,
growing a small business,
business growth,
franchising,
haircare franchise,
franchise, franchise success, franchising,
franchise ownership,
business success,
franchise success,
business ownership,
best kids hair salon,
small business success,
owning your own business,
franchise agreement,
franchise system
There are lots of moving parts to a franchise, including your franchisor's 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.
The Shear Madness Franchise Advantage!
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 challengean 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!
Topics:
Shear Madness Haircuts for kids,
business growth,
franchising,
franchise research,
franchise, franchise success, franchising,
franchise ownership,
business success,
kids hair salon,
business skills,
franchise success,
business ownership,
best kids hair salon,
smart investments,
small business success,
owning your own business
I was floored recently when I talked to a friend of mine about the franchise she bought. You see this wasn't what I would call your "typical" franchisee. Jane (as I will call her for the sake of this blog) has been in the franchise consulting business for 25 years. She has trained and taught both franchisees and franchisors about what to look for in a franchise, how to run a successful franchise business and what makes franchisees successful.
After years of consulting and teaching, Jane had decided about a year ago to buy into a franchise. Unfortunately, it failed after less than a year. With all of her expertise, all of her knowledge and all of her coaching, she forgot to ask herself one of the most important questions, "Can I see myself in this business?" People tend to look at franchises by how much money they can make and the cost of the franchise without ever stopping to look at what their day-to-day lives will look like.
Most of us are creatures of habit. We pretty much follow the same daily routines like planning vacations in advance, or trying to schedule our lives the best we can. As humans we get into our "comfort zones". The problem is that when you become a franchise owner, your comfort zone becomes disrupted. That's what happened to Jane. She told me she was surprised at how hard it was to manage the people and how much time she spent working on her business.
When Jane went from consulting to ownership, she experienced "where the rubber meets the road" if you will. Her comfort zone was disrupted, and the very things she had taught for 25 years she could't apply to herself. Now, try to picture what your day will look like in the franchise that you are considering. Call existing franchisees, as they are your best source and can give you an accurate assessment. And don't forget to ask yourself, "can I see myself in this business?"
The Shear Madness Franchise Advantage!
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 challengean 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!
Topics:
franchise opportunity,
successful franchisees,
small business how-tos,
business growth,
franchise research,
franchise growth,
evaluating a franchise,
franchise, franchise success, franchising,
franchise ownership,
business success,
business skills,
franchise success,
small business success,
owning your own business,
franchise system
I 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!
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
