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...
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...
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....
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,...
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,...
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...
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...