The Great Clips Real Estate & Development Team is looking forward to ICSC RECon in Las Vegas this month (May 21–23). It’s the largest industry convention for retail shopping centers and real estate professionals from all around the world.
This is a great opportunity for us to meet the people who can help us find great locations for our walk-in haircare salons. There are several ways we learn about potential locations: commercial real estate brokers, commercial landlords, franchisees who seek out potential...
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This is the fourth in a series of posts about the 10 signs you should look for when thinking about buying a franchise.
The fourth vital sign of a great franchise opportunity (according to the writer of the AllBusiness.com article) is good management. Here’s what the article says:
Good management. Find out about the people behind the company and their experience in franchising. It’s one thing to run a successful pizza restaurant, but another thing entirely to grow a pizza franchise. How long has the company been...
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In the news: Great Clips by the numbers
It’s been a busy few months for Great Clips in the news. Forbes ranked our walk-in salon franchise in a top 20 list; our CEO is a person to watch; and, people are revealing some, shall we say, interesting information about what they would do with an extra 15 minutes in their day. Wondering how that last one is related to Great Clips? Read on. (But if you click on the first two links, make sure you come back to the blog so you can read about the survey. I promise, it will be a good...
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This is the third in a series of posts about the 10 signs you should look for when thinking about buying a franchise.
One of the biggest benefits of joining a franchise organization is the support you get from the franchisor—without it, you might as well be in business on your own (and isn’t that the reason you wanted to join a franchise in the first place…so you wouldn’t be doing this alone?).
It’s easy for franchisors to say they support their franchisees, but there’s no better gauge of what actually...
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I’m revisiting the article posted by AllBusiness.com about the 10 signs you should look for when thinking about buying a franchise. I wrote about #1—Industry Growth in a previous post. Now I’m looking at #2—Unit Growth.
To financial analysts, unit growth is an indication that a franchise is thriving. More units mean more brand awareness, which leads more customers to existing locations, which—if a company is committed to growth—leads to the establishment of more locations. This then feeds into greater brand awareness...
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Have you heard about Online Check-In at Great Clips salons? It’s a great technology that allows our customers to log-in from a computer or smart phone and view the estimated wait time at nearby salons. From the site, they can click the “check-in” icon and add their name to the list. By the time they arrive at the salon, they are likely next in line to be served, or ready to be served soon.
It’s been a phenomenal success—one million customers checked in online in 2011 and we are currently averaging over 200,000 per...
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