According to IBISWorld, the U.S. Property Management market is worth $99.4 billion. Even before the uncertainty of COVID-19, the market was in good standing. Due to the health of the industry, it’s projected that the property management market will maintain its value...
Franchising at My Salon suite: Blog
Starting a Property Management Business: Franchising Makes It Easy
Starting a property management company can be a lucrative venture. In fact, the future of the market looks bright. The property management industry is estimated to be valued at $21.4 billion by 2025. However, it always best to do your research before jumping in....
Complementary Franchise to a Massage Franchise
Looking to open a franchise that’s complementary to a massage franchise? Here’s how to take advantage of the natural foot traffic and audience with another franchise venture. REASONS TO DIVERSIFY If you have experienced success with a massage franchise,...
Image Studios 360 Franchise vs. MY SALON Suite: What’s the Best Buy?
Thinking about opening an Image Studios 360 franchise? Here's a side-by-side comparison of how it stacks up to one of its main competitors, MY SALON Suite franchise. SALON SUITES ARE ON THE RISE As the world bounces back from the lockdowns and restrictions of 2020,...
How to Prepare for Opening a Business: Steps You Can Take in 2022
You’re ready to take your future into your own hands, and 2022 seems like the year to really get things going. We’ve outlined what you’ll need to do to prepare for opening a business. CHOOSE YOUR NICHE As you prepare for opening a business, you will want to decide...
Franchise vs. Own Business: Is Franchise Ownership Right for You?
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,...
MY SALON Suite Pursues Franchise Expansion in Kansas City, With Goal Set to Develop Five New Units Across the Market
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...
Franchise Models: How to Evaluate Franchise Opportunities
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...
What is a Franchisor? How the Franchisor-Franchisee Relationship Works
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...
Turnkey Business for Sale: 5 Questions to Ask Before Investing
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...