Snip N Clip: Franchise Case Study

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Recommended: Concept of franchising

Franchises are a good company to invest in if you are considering that route. Many local fast food, haircut, and oil change shops are all franchise. Most are known worldwide and are very popular.
Some of the positives a potential buyer could have when purchasing a snip n clip franchise is there is always a need for hair procedures. Hair is something that will continue to grow, so their service will always be needed. Snip N Clip has been around for roughly 58 years, but has been franchise for 31. This company has a long history so many people already recognize this company. When starting this franchise Snip N Clip offers assistances in finding the perfect location, helping set up the location so it fits the requirements needed, and also helps finding the right employees. After the hiring process, Snip N Clip offers onsite training for you and your manager. Potential franchise buyers could make a decent living owning one of these stores. As long as the owner strived to keep sales high, while keeping operating cost low but while still maintaining quality service. Cost that occur while owning this business are rent, staffing, adverting, utilities, and other things. …show more content…

The fact that Smoothie King finished top in their category shows that this is potentially a great investment. Smoothie King has been offering franchise since 1988. Currently there over 650 Smoothie kings operating. Being such a large franchise insurance that anyone anywhere will know or recognize this brand. One of benefits to purchasing this franchise is they offer a SBA loan for finical assistance. “Smoothie King’s product line taps into the growing health consciousness among consumers today. According to the 2009 Smoothie Statistics Report, US consumers spent over $2 billion on smoothies in 2009 (90% being fresh blended) — a figure that has grown 80% in the previous 5 years”

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