March 11, 2010
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Your Beauty Franchise News SourceFranchise News Watch brings you the latest in beauty franchising news from around the web. As a news aggregator for the beauty franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Beauty Franchise News
5 Ways Therapeutic Massages can help Fight off the FluScheduling a regular massage can have more than just relaxation benefits. In fact, massage therapy has many physical and emotional health benefits as well. Studies have shown that including massage therapy in your daily wellness routine can have many... Houston's Massage Heights Opens Its 12th Location in WeslayanWeslayan Massage Heights in Houston opens its doors in time for the most romantic day of the year -- Valentine's Day. Massage Heights Houston opened its 12th Houston massage spa location on Friday, February 5th, 2010 in the Weslayan area of Houston. Regis Corporation Implements Transportation Management System From CAPE SystemsCAPE Systems Group, Inc. (Plink Sheets: CYSG), a leading provider of supply chain optimization technologies, today announced that it has implemented a Transportation Management System (TMS) for Regis Corporation, the global leader in the hair care...
Fantastic Sams Completes Implementation of V12 Group Franchisee Acquisition ProgramV12 Group, a direct marketing services firm, and Fantastic Sams, a full-service hair care franchise, announce the successful completion of a turnkey franchise marketing acquisition program. V12 Group and Fantastic Sams began developing this program in... New Fantastic Sams Franchisees Are Seeing 20/20 in 2010!In this struggling economy and tight credit market, Fantastic Sams is making a radical change by offering some sizable incentives for new business owners located in the Rocky Mountain Region. For a limited time, new Fantastic Sams franchisees have the... Hometown NFL Hero to Host Star-Studded Grand Opening Extravaganza for The Palms Tanning Resort's New Castle Rock Location February 12-14, 2010Fresh off the 2010 NFL playoff gridiron, Colorado son Marques Harris of the San Diego Chargers will be on-site to debut his spectacular new Castle Rock-based business - The Palms Tanning Resort (www.thepalmstanningresort.com) - in a 3-day sports... Houston's Massage Heights Opens Its 11th Location in Royal OaksJust in time for one of the most romantic holidays for couples -- Valentine's Day -- Massage Heights Houston opened its 11th Houston location on December 18th, 2009 in the Royal Oaks area of Houston. Sport Clips Continues Strong Ranking Among Top FranchisesSport Clips, the nation's largest men and boys' hair-care provider, ranked in the top 100 overall and top 50 in growth for the sixth straight year in the Entrepreneur Magazine "Franchise 500." The ranking is determined by the company's financial... Regis Reports Second Quarter Revenues of $575 MillionRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today reported consolidated revenues decreased 2.0 percent in the second fiscal quarter of 2010 to $575 million, compared to $587 million a year ago. Second quarter... 600th Massage Envy(R) Location Opens in Laguna Beach, CaliforniaMassage Envy, the nation's largest massage therapy provider, is pleased to announce the opening of its 600th clinic. The Laguna Beach, California, location is opening as a Massage Envy Spa, a model the franchisor introduced earlier this year featuring... Bishops Barbershop Announces Sale of First FranchiseBishops Barbershop, cuts and colors for men and women, today announced the sale of its first franchise location. Shop owners Jeff and Kitty Foote are now open for business at 7550 SW Beaverton-Hillsdale Highway in Portland. Sport Clips Launches Campaign to Help Heroes Call HomeSport Clips stores across the country will begin raising money Sunday, October 18 through November 14 to support the Veterans of Foreign Wars' (VFW) Operation Uplink, a program that offers free call days and calling cards for deployed and hospitalized... Sports Clips Launches Mobile Billboard Campaign with Bulldog Mobile BillboardsBulldog Mobile Billboards is excited to announce that new client DalClips LLC, a multi-unit Sport Clips Franchisee, has hit the streets with a mobile billboard advertising campaign. Taking advantage of Bulldog's new oversize mobile billboards and its... Sport Clips Ranks Among VetFran Top TenSport Clips, the nation's largest men's and boy's hair-care provider, ranked eighth among the International Franchise Association's (IFA) Top Ten sellers of franchises to veterans. The report comes from a recent survey of VetFran membership, which is... Knockouts Haircuts for Men: New Research Shows Spending Time With Hot Women Is Good for Men's HealthKnockouts Haircuts for Men, the largest men's full service, hair care and grooming salon franchise in the nation, announces today that NEW RESEARCH SHOWS hanging out with hot women makes men feel better about themselves than they do when they hang... Fantastic Sams Cuts Away the Competition and Lands on Bond's Top 100 Franchises ListFantastic Sams, one of the nation's largest full service hair salon brands, has staked its claim as the best of the best, securing its spot on the acclaimed 2009 edition of Bond's Top 100 Franchises. Lady of America Shocks Franchise Community by Offering New Buying Opportunities for a Fitness FranchiseCelebrating its strong growth even during these hard economic times, Lady of America Franchise Corporation has created its own Buyers Stimulus Package. Canadian Franchise concept moves to expand into China, RussiaSpecialty hair care salon franchise Beaners Fun Cuts is pleased to announce today its affiliation with International Franchising Group, LLC to expand its concept all over the world. Having garnered great success with its unique kid-friendly concept... Massage Envy(R) Partners with Susan G. Komen for the Cure(R) to Sponsor Massage for the Cure EventMassage Envy announced today that it has partnered with Susan G. Komen for the Cure® to host the one-day fundraising event, "Massage for the Cure," to help win the fight against breast cancer. Cookie Cutters, Haircuts for Kids 2009 Store OpeningsNew Stores Opening in 2009 Cookie Cutters, Haircuts for Kids Announces Growth PlansFranchisors have endured the economic downturn like everyone else. While expansion of nearly all concepts has slowed to a crawl after last year's financial turmoil, Cookie Cutters has maintained its organic growth. This year we have instituted a growth... HSFM Reopens Cary, North Carolina, LocationIt didn't take long for President and CEO of Hair Saloon For Men, Tom Twellman, to recognize Cary, NC, as a great area of the country to continue representing his unique chain of men's haircutting establishments; which explains the excitement in his... Regis Corporation Announces the Pricing of Its Convertible Note and Common Stock OfferingsRegis Corporation (NYSE:RGS - News) ("Regis"), the global leader in the $170 billion hair care industry, today announced that yesterday evening it entered into an agreement to sell $150 million aggregate principal amount of its 5.0% convertible senior...
Massage Heights' New 'Mojito' Services offer Consumers a Taste of Paradise without the HangoverInspired by the popular and refreshing summer drink that combines sugar, lime, and mint, Massage Heights' exclusive Mojito Foot Scrub and Coco Mojito Glow services help consumers across the country escape, relax and reenergize this summer. Massage Heights Offers Bradenton Residents a Local EscapeLocal Bradenton residents will soon find they will not have to travel far to get away from the daily grind, with the opening of the state's third Massage Heights on June 13 in Bradenton at 5275 University Parkway, Unity 110. Massage Heights is a... Massage Heights Launches International Expansion, Plans for 125 Canadian FranchisesAfter experiencing exponential franchise growth and creating more than 1,200 jobs in the U.S. since 2004, Massage Heights, the nation's fastest growing membership-based massage therapy franchises, has announced an aggressive international expansion... Bishops Barbershop – Keeping Portland a Great Place to LiveBishops Barbershop franchises, cuts and colors for men and women, is actively involved in keeping Portland a great place to live. From donating styling services to raise money for charitable auctions, making cash donations to various groups that... Regis to Speak at Robert W. Baird 2009 Growth Stock ConferenceRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today announced that management is scheduled to deliver a presentation at the Robert W. Baird 2009 Growth Stock Conference at the Four Seasons Hotel in... Regis Declares Regular Quarterly DividendThe board of directors of Regis Corporation (NYSE: RGS) announced that the regular quarterly dividend of four cents per share will be payable May 28, 2009 to shareholders of record May 14, 2009. There are 43,197,582 shares outstanding. Associated Press Video Profile Massage Envy - Just the Right Touch: Four Blind Therapists Work at Massage Envy ClinicMassage therapist at Massage Envy, Zane King's change of careers was not forced by the struggling economy. After he lost his sight several years ago, he attended massage therapy school and today works as a licensed massage therapist. Bishops Barbershop – Be a Good Kid and Take Care of MomBishops Barbershop franchises, cuts and colors for men and women, is offering a Mother's Day package at all six of its Portland locations. Kids can treat Mom to a shampoo, haircut and style for only $44, a $75 value. Moms who take advantage of this... Bishops Barbershop Opens Maryland and Washington, D.C. For Franchise SalesBishops Barbershop franchises, cuts and colors for men and women, today announced that Maryland and Washington, D.C. are now open for franchise sales. The Maryland and D.C. launch announcement is part of Bishops' North American growth strategy. Massage Heights Receives Approval for SBA Franchise Registry ListingMassage Heights, a national membership-based massage therapy franchise, announced today that the U.S. Small Business Administration (SBA) has listed Massage Heights on its official Franchise Registry. The Franchise Registry is a compilation of... Massage Heights Offers Novato Residents a Local EscapeLocal Novato residents will soon find they will not have to travel far to get away from the daily grind, with the opening of the state's third Massage Heights on April 3 in Novato. Massage Heights is a membership-based, therapeutic... Bishops Barbershop - An Amazing Family of TalentBishops Barbershop, cuts and colors for men and women, has a knack for attracting and retaining talented stylists. Many employees throughout the six locations have worked their way up to management positions within a few years, and appreciate the... Fantastic Sams Hair Salons Targets Reno, Nevada and Sacramento, California For New DevelopmentCompetition for affordable hair care services in Reno and Sacramento is getting stiffer. Fantastic Sams, one of the nation's largest full service hair salon franchises, is expanding its "no appointments" necessary concept throughout Northern Nevada and... Sport Clips Tops Hair-care Franchises in '2009 AllBusiness AllStars'Sport Clips, the nation's largest men's and boys' hair-care provider, ranked 21st overall in the recent Dun & Bradstreet's (D&B) AllBusiness.com "2009 AllBusiness AllStars." Sport Clips is listed as the highest-ranked, fastest-growing hair-care... Bishops Barbershop Makes First Appearance At International Franchise ExpoBishops Barbershop, cuts and colors for men and women, will make its first appearance at the International Franchise Expo, March 20-22 at the Walter E. Washington Convention Center in Washington D.C., in booth #624. Since opening his first Bishops in... Massage Heights Reports 16 Percent Increase in Same-Store Sales in Last YearDespite weak consumer spending on vacations and luxury goods and services, Massage Heights, a national membership-based massage therapy franchise, reported today an impressive 16 percent increase in same-store sales from 2007 to 2008. Bishops Barbershop – Be Part of the $55 Billion Hair Care IndustryBishops Barbershop, cuts and colors for men and women, offers the opportunity to be part of the $55 billion hair care industry, without having to be a stylist to succeed. Regis Completes Sale of Trade Secret DivisionRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today announced the completion of the sale of its Trade Secret retail product division to Premier Salons Beauty, Inc. On January 27, 2009, the Company announced the... Bishops Barbershop Keeps Customers Coming BackBishops Barbershop, cuts and colors for men and women, has built a loyal customer following over eight years and six locations. Leo Rivera, founder, president and CEO, opened his first Bishops in August of 2001 at 3742 SE Hawthorne Blvd., and the... Sport Clips Celebrates Opening of 600th Store -- Franchise Continues to Dominate Men and Boys' Hair-CareSport Clips, the nation's largest men and boys' hair-care provider, celebrated the opening of its 600th store today in Wilson, North Carolina, a milestone for the company with locations in 39 states. Located at 3401 Raleigh Road, Sport Clips is known... Bishops Barbershop – Economical PanacheBishops Barbershop, cuts and colors for men and women, today announced it will be offering a special Valentine's Day Package for men featuring a hot towel shave, haircut and shave products that normally costs $65 for just $40. Taking Tranquility to New Heights: Massage Heights Opens Second Des Moines Franchise LocationSoothing music, relaxing aromatic candles, a clean and calming environment, and experienced massage therapists. All these are available at Massage Heights, the new, luxurious therapeutic massage clinic located at 2732 SE Delaware, Suite 260 in Ankeny. |
Features & Special ReportsIs it Time for an Operating Cost Audit?: Franchise Tenants Unite!When was the last time you challenged a landlord or property manager about the operating expenses or common area maintenance (CAM) charges? Probably not recently or never, right? To clarify, operating costs are the day-to-day management and maintenance expenses charged to the tenant; examples include asphalt repairs, snow removal, property insurance, and so on. Franchise tenants pay a proportionate share of these costs based on the space they occupy. Therefore, if a franchise tenant occupies 12 percent of a building, he or she will pay for 12 percent of the operating costs. Paying by this said ratio is the industry standard but, of course, there are deviations for special circumstances like free-standing buildings and so on. "Old School" Communication: Cell Phone Texting Builds Customer TrafficConsidering the wide-ranging abilities of today's smartphones, simple text messaging may seem passé, but it's a basic social media tool that's working wonders for Chris Kramolis' franchise operation. He's been using text messages to build business and compile a database of his customers--and he doesn't see any reason to deviate from something that's working. Discovering Oil: Multi-unit Operator Strikes it Rich with Oil Change FranchisesDarrell Lamb remembers toiling away in the heyday of the mid-90s stock market. He was always searching for new investors, and on the lookout for hot investments. One day some of his advisers told him about an opportunity - a chance to invest in the Express Oil Change franchise. He had reason to trust the advisers since they were his uncle, who was president of the company, and his dad, an Alabama optometrist who was always interested in investing in growing ventures. Capital AccessDustin Winkle was a victim of the dot-com crash a few years back. While pondering his next career move, he visited with family members who operated some dry cleaning stores. He liked what he heard and purchased his first Martinizing Dry Cleaners stores six hours away in Yakima, Wash. It was a long commute from his home in Boise, Idaho, but he loved the business. Three years later his family was ready to sell its dry cleaning stores and Winkle was more than happy to buy some units closer to home. Today he operates 10 Martinizing Dry Cleaning stores (and one non-Martinizing unit) in the Boise area. Multi-Tasking: What It Takes To Be A Successful Multi-Unit FranchiseeTwenty years ago, franchising meant buying the rights to and opening a single unit or business. But a changing trend has taken hold during the last two decades. Today, it's not uncommon for a single franchise operator to have 5, 6, or even dozens of units. FRANdata research notes the number of multi-unit operators now tops 34,000, and those operators control more than 155,000 franchised units in the U.S. It's a growth strategy that has proven effective but it should be approached with caution. Multi-unit operators are generally wired differently then their single-unit counterparts. Successful multi-unit operators are typically experienced, skilled, professional business executives who have chosen franchising as their business model. They possess the skills, training, capital, infrastructure, and vision to operate numerous units and have the ability to continue adding units to their portfolio--without stressing their organization or their stomach. Episode 006: The Benefits of a Franchise ModelFranchising provides benefits for both seller and buyer. For franchisors, the primary benefit is the ability to use other people's money to expand the brand more rapidly than they could either on their own or through investors or lenders. The initial franchise fee and ongoing royalties they collect allow franchisors to build their brand without sacrificing control to outsiders or the pressure of repaying lenders. Measure for Measure: Unit Economics Plays a Leading Role on Today's Economic StageThe most fundamental business strategy calls for black numbers on the bottom line. In simplest terms, it's proof the business is generating more cash than it is spending. All too often, though, entrepreneurs get involved in businesses without employing a proper system to help them keep a watchful eye on what they're earning and what they're spending. Managing day-to-day operations can be so time-consuming that it leaves little room for financial analysis. Or perhaps key individuals lack a basic understanding of how to read and interpret financial statements. Combine these factors with the down economy, and you'll likely wind up with a troubled business. Service Based Franchising: Where the Action IsLast week we ended our discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends. Other examples of businesses built on services that customers could perform themselves but choose to pay someone else for include lawn and landscaping services, residential painting, oil change, and installation of home entertainment systems. Seven Steps to Fiscal Fitness: A "Fiscal Physical" Will Help Your Business Survive, Grow, and ProsperIn the few minutes it takes you to read this article, 40 businesses across the nation will fail--and that statistic was [i]before[/i] the economic downturn of the last 24 months. Tragic? Yes. Remarkable? Not at all. The road to business success is littered with the skeletons of companies whose owners--mostly brilliant and skilled individuals--failed to "take care of business" in the financial management of their enterprise. Service Based Franchising: What Franchisors WantWhen you first consider franchising as a business model, one of the choices that arises is which type of business, in which sector, suits you best. One basic choice is to make is goods or service; another is retail or home-based. In previous months, we've explored ways to find the sector, and the franchisor, most likely to give you the best chance of success. More recently, in the previous four weeks, we've discussed the attributes franchisors look for in franchise candidates in the retail sector and in the home-based sector. Here we apply the same lens to the services sector. Let's begin with the similarities. All franchisors want candidates who follow the system, pay royalties on time, possess marketing skills and savvy, know how to run a business, show leadership and growth potential, are good communicators, and are expansion-minded, community-oriented, and willing to give back to the system. Franchisors look for these skills whether you choose a service, retail, B2B, or other concept.
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