Franchising at My Salon Suite: Blog

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.

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...

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...

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...

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...

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...

During the height of the pandemic, unemployment rates were at an all-time high and folks were anxious about what the future would hold for their careers and families. Some began looking for new business opportunities that could be more stable and satisfying, while...

A common path to expansion and wealth-building in franchising is to own multiple franchises of the same brand. Having familiarity with the business model already makes this a much easier decision than diversifying into another brand.  It may seem more costly to...

Becoming a franchisee of a great brand doesn't automatically mean success. To be a successful franchisee, you need to be passionate about the brand, understand your community's needs, and much more. 1. Find your drive Owning any business has to be a passion. It can’t...

If you’re looking to become a franchisee that delivers a service that will always be in demand, then a franchise in the beauty industry may be just the ticket. The beauty industry has numerous types of products and services to appeal to consumers, and choosing the...