So, you’ve been thinking about investing in a franchise, but the first thing that typically comes to mind is the cost. Maybe you’re questioning whether you’re financially stable enough to embark upon such a business endeavor. Still, you’ve been dreaming about the freedom of being your own boss for as long as you can remember, […]
If you have a passion for hair and beauty and the drive to succeed, you might think about investing in a hair salon franchise. Opening a successful business from scratch is no easy feat, however. With so many different types of businesses available as franchises, it can be challenging to know where to begin. Nevertheless, depending on […]
Self-care is at the forefront of people’s minds this year as they begin to prioritize health and family following an arduous lockdown period during the pandemic. Folks are returning to their regular self-care routines, including hair and nail appointments and, most importantly, waxing. Waxing is not something folks usually do at home, as this […]
So, you’d like to start a business? That’s an incredible goal! While you could go into business yourself, there’s also the option of franchising. With a franchise, you get expert guidance throughout the process of opening your location. Plus, franchisees also receive access to a proven business model and get a head start by using […]
Buying into a franchise has many advantages over starting a business from scratch. Buying into an established brand with a tried-and-true business model is only the beginning. Proven Business Model If you’ve decided to go into business for yourself, you will likely be conducting a lot of research to see which market has the most […]
Looking to start a business in the beauty industry, but not sure what to do? Here are three beauty business ideas to consider. THE BEAUTY INDUSTRY TODAY While the past couple of years saw many industries taking a hit, the global beauty market continues to grow. The overall industry is up from $483 billion in […]
Just the facts. See how a LunchboxWax franchise compares head-to-head with Uni K Wax. THE SCOOP ON LUNCHBOXWAX LunchboxWax was founded in 2010 and began franchising three years later. The brand currently operates 52 locations. The brand draws its name from the idea that any busy professional can come in on their lunch hour, receive […]
Globally, the beauty industry has been strong. In 2020, the global beauty market was worth $483 billion. 2021 saw $511 billion. With a compound annual growth rate (CAGR) of 4.75% worldwide, the industry will be worth an estimated $716 billion by 2025 – and an incredible $784.6 billion by 2027! With the industry projected to […]
Multi-unit franchising is a great way to diversify your business portfolio and either cover a larger territory or buy into a complementary business. Expand Your Portfolio Multi-unit franchising has become a popular investment strategy in recent years. Through the combination of lower buy-in costs and opportunities for compounded financial gain, entrepreneurs are choosing to strengthen […]
The self-care industry rebounded amazingly well in 2021, and that trend appears to be continuing in 2022. Here are the self-care trends to keep an eye on in the year ahead. A New Year Brings New Opportunity After a challenging couple of years that limited our ability to do many things, 2022 is a hopeful […]