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, […]
Before you begin your search for the perfect franchise opportunity, it’s essential to undertake a self-evaluation and preparation process. The road to becoming a franchise owner can be challenging and, at times, scary. However, it is also a gratifying experience for the right candidate and can be lucrative. To help you understand whether franchising is […]
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 […]
If you’re looking to get into the health and beauty industry, joining a franchise is a good way to get started. With multiple types of franchises, there are a lot of options to choose from to find the best one, or best ones, for you. One of these choices is a tanning franchise, providing customers […]
The self-care industry is on the rise – and that’s not just because of the COVID-19 pandemic and the lockdowns that occurred during 2020. It turns out that between 2019 and 2020, Google searches for self-care related inquiries skyrocketed by 250%! The market is only poised for continuous growth, making now the ideal time to […]
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 […]
Nail salon franchises and waxing franchises can both offer high returns. See how the opportunities compare and find out which is the right fit for you. Nail Salons The nail salon industry is comprised of businesses providing services that range from manicures to pedicures to false nails, as well as the sale of nail care […]