What The Great Clips Franchise business Opportunity Offers For Stylists
It is worthwhile to stay in a company that’s fun, creative and highly profitable all simultaneously. Great Clips provides you with the chance of a lifetime where one can follow your passion and explore your creative side, while reaping high profits too. When the hair business sounds interesting to you for investing, now is the time to pay close attention.
Great Clips
Started in 1982, Great Clips happens to be an innovator in hair cutting techniques. Having modest beginnings, the hair store quickly found a loyal subscriber base within its first 3 months of operation. The company observed the growing trend on the market and began franchising out quickly, reaching out to a broader market. This proven model and experience is very useful to launch an effective investment.
Entering Your hair Industry
To explain further, Great Clips franchises are an easy way to go in the hair and salon industry. According to research conducted recently, the is projected at an annual rise of three.2% in revenue growth through 2019. Obviously, you always wish to ensure an effective growth potential for your business and profit margin ratio. However, as this is a nearby business, your revenue potential might be even higher when you purchase where you are properly. Undoubtedly, Great Clips will help you break into an industry with growth opportunity.
Innovative Business Methods
In accessory for revenue growth, Great Clips incorporates innovative methods to their business. Like a Great Clips franchise business owner, you’re going to get access to these new techniques that set your business apart from the competition. Let’s face it. Cutting hair can be achieved be a large amount of people. With new methods and tactics, your business would continually be around the “cutting” edge. With Great Clips, you could have an innovative approach that customers would surely appreciate.
Staying Competitive Within an Evolving Market
Moreover, the franchise competes within an evolving market. Understandably, hair styles are just like the latest designer shoes or hand bags. When something is hot, it really is hot. Everyone wants to be in around the latest style and looks. Great Clips provides you with the chance to take advantage of these waves and make money from them. Seems like well worth the cost, right?
Observing And Identifying Growth Opportunities
Great clips is surely among those successful companies that observes and identifies the development opportunities. Thus they can come up with innovative ways to find connections using their customers, each time. Online sign in, providing hassle-free online customer services to clip notes, that keeps an online data for regular customers, Great clips provides you with a number of choices to keep the customers satisfied.
Franchisee Friendly
The franchise company prides in its network of over 3700 stores which obviously would not have been possible without the wonderful benefits that it purports to its franchisees. Great clips provides intensive training to your team, looking after the employment routine and salon software setup. According to the company, nearly 40000 applications are received annually through its centralized employment portal. Great Clips also ensures thorough support your entire ownership period, keeping you linked to among the largest social networks in the market. Surely, they’re probably the most franchisee friendly businesses in america.
Higher Franchise Costs For Established Brand
Great clips franchises have an established name that include the cost. Just to subscribe to the franchise, you spend over $20,000 in franchising fees. Plus, you’ll need another $20,00-$25,000 for franchise marketing and also the grand opening. When you calculate for pretty much $100,000 in leasing and renovation costs, it can be a costly venture. However, they are doing have a business design and proven system that works for franchisees. If you would like to buy an established name like Great Clips, you should think about investing in the high upfront costs for a return in the long run.
Low Cost, Minimal Obligation Alternative
Hair stylists looking to open their own salon franchise will consider Great Clips if they are ready for that investment. However, if you are a stylist yearning to go on their own and freelance, you might want to consider a chance like Sola Salon. Sola offers hairstylists the opportunity to book individual space within their high-end salons. By doing this, you can experience the liberty that accompany owning your personal business, without the exorbitant start-up costs. If you’re a young hairstylist with an entrepreneurial mindset, you will want more info on Sola Salon.
With so many benefits and support on deck, Great Clips provides you with the opportunity that you have been waiting for. The franchisees are completely manager run, so that you can also keep your present job and produce some extra bucks quietly. The organization wants expansion partners right now so you don’t want to overlook out on the opportunity. In the end, you probably realize that great opportunities are available with an expiration date.