I recently returned from the International Conference of Shopping Centers (ICSC) conference in San Diego. The biggest reason the Great Clips real estate team attends events like these is to seek out potential sites for our walk-in haircare salons. Location of our franchisees’ salons is very important, so we are always working to fill the real estate pipeline with sites at new and existing shopping centers.
There are other reasons that these kinds of events are invaluable to our franchise business. I especially enjoy...
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At the risk of tossing any presidential political footballs into this blog, I encourage you to read this interesting article, Hidden Small Businesses: The Case for Franchising, written by three prominent people in the franchise business: Steve Caldeira, President of the International Franchise Association (IFA); Jon Luther, Chairman of the Board for Dunkin’ Brands; and, Steve Romaniello, incoming Chairman of IFA and a Director with Roark Capital Group.
They make several excellent points about the value that franchise...
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Much of what I believe about franchising was confirmed in a recent conversation with one of our Great Clips franchisees. She was recalling those early days when she and her husband joined the company and were operating their first salon in the Atlanta market.
“My husband kept his full-time job so I was running our salon business and it was pretty much 24/7 that I was at the salon—sweeping hair, answering phones, managing product, I was doing it all. And, yes, I was also the person who drove to the salon in the middle of the...
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Does this look like a good location for a family-focused hair-care salon?
This tattoo parlor — a tired building painted in a bohemian color scheme with no strip mall or anchor store in close, visible proximity — certainly didn’t fit the guidelines of a typical Great Clips salon, but one of our franchisees was able to see the...
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I’ve been traveling a lot lately, which gives me time to catch up on my magazine- and newspaper-reading. For obvious reasons, I tend toward articles about franchising, salon ownership, manager-run businesses, entrepreneurship and business operations.
Here are the highlights from a collection of articles I’ve bookmarked over the past month or so.
Advice for Franchisors: Treat Franchisees Well
This article focuses on the mistakes that franchisors make when it comes to how they treat their franchisees. One of them is...
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“Entrepreneurial franchise owners have one goal in mind: multi-unit franchising. Why? Because that’s how you get rich.” The Franchise Hound
There are a lot of reasons to consider buying a franchise. The appeal of owning your own business, relief from the rat race and burnout of a corporate job, creating a safety net with a second income, wanting something to do after retirement—those are all common reasons for becoming a franchisee.
Surprisingly, according to Joel Libava, AKA “The Franchise King,” making a lot of...
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