franchise


A franchise is an agreement between a firm and another party in which the firm provides the other party with the right to use the firm’s name and to sell or rent its products for either a percentage of revenue or other type of fee; selling franchise rights is a method of expanding a business quickly with a minimum of capital.

The photo is of a Dashing Diva salon (2006), an early nail salon franchise operation.

Keywords:   business     business tools     franchise     opening a new salon     staff management  

Required Reading

Can One Of These Emerging Salon Chains Become the “Starbucks of Nails”?

September 1, 2007

Many have tried — and many have failed — to do for nail salons what Starbucks did for coffee shops. Our report shows that it’ll take innovative hiring, a simple and consistent sanitation program, and a major consumer PR campaign in order for a salon chain to become the name that clients most trust.

California Dreamin': New Salon Chain Opens

September 1, 1999

A new breed of nail salon is on the horizon and the first glimpse of the future is in Beverly Hills, Calif. The future nail salon "chain" is called Hands On and the owners say they have designed a nail business that opens up a whole new realm of service-oriented, quality spa manicures and pedicures at reasonable prices.

Chain Salons Have Their Benefits

June 1, 1996

Finding good nail technicians is difficult for all salon owners and a particular problem cited by chain salons, whose growth depends on having a large pool of qualified candidates to choose from.

Franchise Owner Succeeds With Small-Business Outlook

November 1, 1993

Erika Giannotti isn’t in the nail business for the money-she loves doing nails and helping salon owners get started.

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