So what’s wrong with a Franchise?!
Franchises can be great – especially if you’re after a burger or something similar you know that what you will be the same wherever you go. Nothing changes. Everything is the same. The only problem is that the hair loss industry is constantly changing and no matter what service is being offered, it is vital that the people dealing with the clients are fully trained and experienced. Also until you go in to see the business you never know what you’ll find.
In our experiences, franchises in this industry don’t work for three main reasons :
– firstly, franchises are driven by profit, whereas in our industry we feel that businesses should be driven by service
– secondly, in a fast evolving industry, it is key to keep innovating : larger businesses tend to move more slowly when it comes to introducing something new, whereas at Hair Technology International we are lean and well connected so we can move straight away if something truly ground-breaking comes along
– thirdly, franchisers like to keep control so often won’t tell the businesses the full facts or give them the full range of options – as independent experts we have no such limits put on us.
Watch out for franchises – the amount of knowledge and experience we have gained over the past 20 years can’t be simply handed over in a franchise agreement.
For expert hair we are always here, just call or email us. For burgers, maybe you should look elsewhere!