Love hairstyling? Got an entrepreneurial itch?
There are great business opportunities in hair
Consider a hair area liscense . . . but the only two worth considering is Great Clips and just a couple of weeks ago, I wrote the article, New hair salons for men only. Today I received a pitch for a job opportunity with the Sports Clips organization and thought it an interesting business opportunity, especially for those who have interest in the hair business. I get people that visit my site with a variety of interests about hair. If you have an entrepreneurial spirit and want to get out of that corporate cubicle from hell . . . this could be just the opportunity for you.
“follow the franchisee manual to the letter!”
Here is a area liscense you can get into at the front end, with a good pick of locations, a track record and a unique concept. You don’t need to be a licensed stylist, as a matter of fact, the majority of area site owners are business entrepreneurs. Actually, a business person is preferable in a certain sense. The idea is that operations would be your main focus, in order to push the franchise and ultimately your business, forward. You would hire a stylist/manager to work in the shop, and focus on operational tasks and building the business.
From my experience, your biggest challenges will be in your ability to hire and keep good hair stylists. You need good managerial skills in order to keep a happy, productive staff that respects each other and understands that good service.
I am also fortunate to have breakfast every morning with a top notch licensee consultant . . . my hubby, Gary Fugere. In fact he served on the board of directors of the Great Clips many years ago. He knows the hair business and franchising and is pretty excited about the Sports Clip opportunity. But one big consideration I learned from him in buying into a area liscens is . . . follow the operations manual to the letter! Failure in the this type business almost always can be traced to the entrepreneurs inability to follow not taking the advice and counsel.
The Wall Street Journal’s StartupJournal.com interviews franchisee, Jared Lee and gets right down to it in this article.
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No Cutting Corners For Hair Salon Owner The Wall Street Journal’s StartupJournal.com After Jared Lee purchased a license for three Sport Clips locations, he and his business partner bought an established Sport Clips shop in the Phoenix suburb of Gilbert, Ariz. That strategy helped them “come up the learning curve more quickly,” he says. Mr. Lee and his partner have signed the lease for their first new Sport Clips in Chandler, Ariz. scheduled to open in September of 2006. While managing and planning his new franchise, Mr. Lee still works 40 hours a week as a software engineer manager for a Fortune 500 company. StartupJournal: How long have you been running this Sport Clips? Mr. Lee: My partner and I have a store we’ve been running since September of 2005. We were investigating franchises and thought Sport Clips was a pretty unique concept, so we decided to go ahead and sign up after going through their “Discovery” process at the corporate location in Georgetown, Texas, which they hold for prospective franchisees once a month. We ran into another franchisee who was looking to sell. We thought it would be good to take over an existing operation that would help us come up the learning curve more quickly before opening new stores ourselves. We still have an additional license for three other stores, and we have a lease signed for one of them that should open in September. |
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