While starting an independent business can come with a lot of unknowns and unpredictable legwork, a franchise provides the backing of a successful model that has already been established for you. And while franchise businesses are statistically more likely to succeed,...
CARROLLTON, Texas, Nov. 10, 2021 /PRNewswire/ -- MY SALON Suite, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry's future, is looking to expand its footprint in...
Wondering what to look for when choosing a franchise model? Our comprehensive guide to franchise models and evaluating franchise opportunities will help. DIFFERENT FRANCHISE MODELS Franchising is a lucrative opportunity for entrepreneurs to build a business and invest...
Wondering how a franchise works? It's important to understand the difference between a franchisor and franchisee, and how the franchise relationship works. FRANCHISING 101 People have a lot of misconceptions about what makes a franchisor, but in essence, they are the...
A turnkey franchise that’s ready for immediate use sounds like a great opportunity, but is it right for you? Here’s what to look for — and what to avoid. WHAT IS A TURNKEY BUSINESS? In terms of franchising, a turnkey package is set up to include everything an owner...
Owning a franchise is a great investment strategy, but most are incredibly time-consuming. Here’s how to own a franchise that you can run in your spare time. Buying a franchise doesn’t have to mean making a full-time commitment....
Beauty professionals choose to partner with salon suites so they can independently grow their own businesses. Here’s how to create a salon suite they’ll love. GETTING PEOPLE BACK TO WORK Salon suites have been on the rise for the past several years, and they are...
MY SALON Suites is a business opportunity for entrepreneurs who want to help other entrepreneurs — in a resilient and recession-proof industry. The beauty industry changes with the trends and styles of the day, but its success remains constant. More and more beauty...
As you consider owning a franchise, you may want to look beneath the surface. You dine in fast-food restaurants, you shop at big-box retailers, and you may get your hair cut at a salon franchise. But what makes these businesses operate? Think about the businesses that...
The ROI of a franchise usually ranges between 25 to 50 percent. Here’s what to look for in a franchise opportunity that will produce a lucrative return on investment. GET INFORMED It’s reasonable to assume that a franchise investment should provide a return for both...