Ready to start an encore career where you call the shots and don’t have to toil in the day-to-day of normal business ownership? Semi-absentee businesses may be a perfect fit.
Franchising at My Salon Suite: Blog
Beauty Service Industry Trends & Statistics in 2023
The beauty service industry is expected to hit a market value of $805 billion in 2023 and employs over 600,000 people. It’s also growing at 13% Y/Y, which makes the industry ripe for investment.
Five Keys to Become a Successful Franchise Owner
Looking to invest in a franchise, but want to make sure that investment is a success? Here are the key things you should consider before taking the plunge into franchising.
What Makes a Great White-Collar franchise Opportunity
White-collar franchises provide professional services to consumers or other businesses. Many white-collar franchises eliminate the need for inventory management and overseeing constant employee turnover. Here’s how to spot a great white-collar franchise opportunity.
Best Franchises to Build Your Franchise Portfolio
Diversifying a franchise portfolio is a great way to mitigate risk and maximize gains in expanding markets. However, finding the right investments to balance risk/reward can be a challenge.
5 Franchisor Responsibilities You Should Expect
When considering which franchise to buy, support is one of the vital factors you should be looking for. A good franchisor will offer help with setting up the business, training, and a system that works for you. You should be aware of specific franchisor...
Choosing the Right Franchise: Five Factors to Consider
Franchises are proven business models that offer an efficient transition into business ownership. When choosing the right franchise, there are a few factors to consider when ensuring the brand is a good match for you. WHY DO YOU WANT TO JOIN A FRANCHISE? People become...
A Franchise Model to Compliment Your Wax Center Portfolio
Already own a Waxing or hair removal franchise franchise and looking to diversify your franchise portfolio with a complementary brand? A salon suite offers you a semi-absentee model so you can devote your attention where it’s needed most. GROWING IN STYLE As the owner...
Start a Hair Salon Franchise Even with No Experience
Have you heard the news? Salons are back and more fabulous than ever! At the height of the COVID-19 pandemic, government lockdowns forced hair stylists, massage therapists, and nail artists to shut their doors. Once salons were allowed to reopen, however, people came...
Maximizing ROI in Commercial Real Estate
Over the last couple of years, we’ve seen the commercial real estate market change considerably. As people choose remote work over daily trips to the office, many companies have been downsizing their workspaces. However, this doesn’t mean there isn’t an opportunity in...