Depending on your familiarity with business loans, securing financing for your franchise purchase could seem like just another step in the process of opening a business, or a stressful roadblock. If you’re concerned about obtaining a loan, don’t be. Banks and lenders are lending again and helping to fuel economic growth. Even when many lenders were tightening the reins on lending during the recession, Great Clips lending partners continued to provide loans to our expansion-minded franchisees. Before applying for a loan,...
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Thinking about becoming a franchisee? Excited about the opportunities out there but overwhelmed with what you need to know? Here’s the next part in our series of informational posts about how franchising works.
The focus of this blog post is Business Services—basically, how a franchisor supports its franchisees with business analysis and advice. Sounds pretty routine, right? As a new franchisee (or even if you’ve been around for a few years), you’d expect that you might occasionally need these kinds of services from your...
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Franchising seems to be a hot topic in business publications these days – there’s no shortage of interesting articles. Here are a couple that caught my eye:
Gap to start franchising Old Navy internationally
The chain of Gap stores seems to be engineering a turnaround, after struggling over the past few years to grab and keep customers in their highly competitive clothing niche. Part of their plan for the future includes scaling back on brick-and-mortar stores in the U.S., and expanding abroad by franchising the Old Navy...
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Thinking about becoming a franchisee? Excited about the opportunities out there but overwhelmed with what you need to know? We’re here to help: The Franchise Blog is presenting a series of informational posts about how franchising works. Throughout 2013, we’ll share valuable information from Great Clips franchise professionals and other franchising experts.
We’re about halfway through this Great Clips Franchise Blog series on the steps you take when you first become a franchisee. Some of these posts explain the franchise...
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Thinking about becoming a franchisee? Excited about the opportunities out there but overwhelmed with what you need to know? We’re here to help: The Franchise Blog is presenting a series of informational posts about how franchising works. Throughout 2013, we’ll share valuable information from Great Clips franchise professionals and other franchising experts.
In the last post in this series about starting a franchise business, we shared how Great Clips helps its franchisees learn about operating a walk-in hair...
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Thinking about becoming a franchisee? Excited about the opportunities out there but overwhelmed with what you need to know? We’re here to help: The Franchise Blog is presenting a series of informational posts about how franchising works. Throughout 2013, we’ll share valuable information from Great Clips franchise professionals and other franchising experts.
If you’re a new franchisee, when you hear the word training, you probably think this refers to training your staff. And you would be partially right, but there’s...
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