Welcome to the Snip- its Franchise Opportunity Webinar<br />
Agenda<br />Is Now A Good Time To Go Into Business For Yourself?<br />Why a Franchise?<br />Why The Hair Industry?<br />Wh...
Is Now a Good Time to go into Business for Yourself?<br />Economic Uncertainty<br />Desire to Control Your Own Future<br /...
Why Invest in a Franchise?<br />Nearly 50% of all retail business in the United States is done through franchises<br />Fra...
Don’t Take My Word For It<br />A seven-year study found that 91% of franchised businesses were still operating compared to...
Why Invest in Hair Salon Industry?<br />Big Business: $45 Billion Dollar Industry<br />Children’s Segment is $5 Billion<br...
Why Snip-its?<br />History of Snip-its from our founder, Joanna Meiseles<br />How Much Does it Cost to Open a Snip-its?<br...
Sept, 1993<br />
April, <br />1994<br />April, <br />1994<br /><ul><li> Plenty of mom & pop, regional chains trying</li></ul>Clear need<br ...
 Clear need for this service
 No one “doing it right”
for this service
 No one “doing it right”</li></ul>Sept, <br />1993<br />
Framingham, MA<br /><ul><li>Snip-its First Salon Opened in September, 1995
Opened four more corporate locations
Opened first franchise in 2003
Grown to largest Children’s Hair Franchise in US
63 Salons open across the United State</li></li></ul><li>Snip-its Mission Statement<br />To become the biggest and best ch...
The Secret Snip-its Sauce<br />Snip-its has created an Entertaining Concept<br />Entertainment has a purpose, not a gimmic...
Snip-its Hair Care Line<br />Proprietary Line formulated just for kids<br />All natural, irritant-free, alcohol free, bota...
Snip-its Parties<br />Service Extension<br />Not many options for girls<br />Big benefits<br />Very Profitable service<br ...
How Much Does It Cost to Open a Snip-its?<br />Express Unit	<br />Turn-key cost ranges from $127,775 - $187,850<br />No pa...
Location! Location! Location!<br />Lifestyle/Power Center <br />Regional Retail Centers<br />15,ooo kids in 10 minute driv...
Snip-its Team Members<br />Staff of 7 – 10 Employees<br />Manager<br />Licensed Cosmetologists<br />Regulated by the state...
Snip-its Franchise Support System<br />Be in business for yourself, but not by yourself<br />Training<br />Grand Opening a...
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Snip-its Franchise Information Webinar

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If you’re looking for opportunity, success, freedom, and fun — a Snip-its franchise may be perfect for you. Snip-its is the smart, recession-resistant opportunity perfect for first time business owners, parents, families, or couples who want to start their own business this year. You don't need to be a licensed cosmetologist or a retail expert to become a Snip-its franchisee!.

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  • Snip-its Franchise Information Webinar

    1. 1. Welcome to the Snip- its Franchise Opportunity Webinar<br />
    2. 2. Agenda<br />Is Now A Good Time To Go Into Business For Yourself?<br />Why a Franchise?<br />Why The Hair Industry?<br />Why Snip-its?<br />Next Steps<br />
    3. 3. Is Now a Good Time to go into Business for Yourself?<br />Economic Uncertainty<br />Desire to Control Your Own Future<br />Job Security<br />Alternative to Retirement<br />Diversifying your Investments<br />Take advantage of record lows in commercial real estate<br />
    4. 4. Why Invest in a Franchise?<br />Nearly 50% of all retail business in the United States is done through franchises<br />Franchise businesses employ more than 14 million Americans<br />One out of every 12 businesses in the United States is a franchised business<br />80% of other businesses fail in the first two years (U.S. Department of Labor and IFA)<br />Franchise business owners, on the average, live within 10 miles of their franchise<br />In 2000, the median gross annual income before taxes of franchisees was in the $75,000 to $124,000 range, with over 30% of franchises earning over $150,000<br />
    5. 5. Don’t Take My Word For It<br />A seven-year study found that 91% of franchised businesses were still operating compared to a mere 20% of individual startups- source: entrepreneur.com<br />Boston Globe (boston.com) ran article today “Buying into a franchise can take uncertainty out of getting started”<br />“Trish Harrington brought her 6-year-old daughter to a birthday party at Snip-its in North Attleborough and fell in love with the children’s hair salon. A CPA and controller at a Rhode Island financing company, she went home, did her homework, and four months later signed an agreement with the Natick”-based franchise to develop three new locations.<br />
    6. 6. Why Invest in Hair Salon Industry?<br />Big Business: $45 Billion Dollar Industry<br />Children’s Segment is $5 Billion<br /> NBC News recently reported number of children enrolled in Elementary school has exceeded the baby boomer years by over a million.<br />Recession Resistant<br />Absentee Model<br />Simple Operations<br />
    7. 7. Why Snip-its?<br />History of Snip-its from our founder, Joanna Meiseles<br />How Much Does it Cost to Open a Snip-its?<br />How does Snipits assist in finding a good location?<br />How do you learn to operate your Snip-its?<br />What type of marketing and ongoing support does Snip-its corporation offer?<br />
    8. 8. Sept, 1993<br />
    9. 9. April, <br />1994<br />April, <br />1994<br /><ul><li> Plenty of mom & pop, regional chains trying</li></ul>Clear need<br /><ul><li>Plenty of mom & pop, regional chains trying
    10. 10. Clear need for this service
    11. 11. No one “doing it right”
    12. 12. for this service
    13. 13. No one “doing it right”</li></ul>Sept, <br />1993<br />
    14. 14. Framingham, MA<br /><ul><li>Snip-its First Salon Opened in September, 1995
    15. 15. Opened four more corporate locations
    16. 16. Opened first franchise in 2003
    17. 17. Grown to largest Children’s Hair Franchise in US
    18. 18. 63 Salons open across the United State</li></li></ul><li>Snip-its Mission Statement<br />To become the biggest and best children’s hair care company in the world in number of salons, single unit revenues, and customer experience.<br />
    19. 19. The Secret Snip-its Sauce<br />Snip-its has created an Entertaining Concept<br />Entertainment has a purpose, not a gimmick<br />Offer distraction<br />Help children form positive associations<br />Major differentiator against competition<br />Grounded in the Snip-its Gang<br />
    20. 20. Snip-its Hair Care Line<br />Proprietary Line formulated just for kids<br />All natural, irritant-free, alcohol free, botanical extracts<br />Flavored shampoos are tear-free<br />Spray Mouse is best seller!<br />
    21. 21. Snip-its Parties<br />Service Extension<br />Not many options for girls<br />Big benefits<br />Very Profitable service<br />Great marketing vehicle<br />Types:<br />Glamour<br />Trip-to-Hollywood<br />Style-A-Doll<br />Goal 20% of total revenue<br />
    22. 22. How Much Does It Cost to Open a Snip-its?<br />Express Unit <br />Turn-key cost ranges from $127,775 - $187,850<br />No party room, Average 700 sq ft<br />Includes franchise fee of $25,000<br />Traditional Salon<br />Turn-key cost ranges from $141,189-$273,731<br />Party Room, Average 1200 sq ft<br />Royalties<br />1st year 5%, increases to 6%<br />
    23. 23. Location! Location! Location!<br />Lifestyle/Power Center <br />Regional Retail Centers<br />15,ooo kids in 10 minute drive time<br />Ages 0 – 9<br />Open 7 days per week, apx 55 hours per week<br />Site selection available<br />
    24. 24. Snip-its Team Members<br />Staff of 7 – 10 Employees<br />Manager<br />Licensed Cosmetologists<br />Regulated by the state<br />Specialized Snip-its Training<br />Receptionist<br />Party Supervisor<br />
    25. 25. Snip-its Franchise Support System<br />Be in business for yourself, but not by yourself<br />Training<br />Grand Opening and Ongoing Artistic Training<br />Operational Support<br />Financial Operations<br />To Provide all the tools and support necessary for Snip-its franchisees to open and operate a successful and rewarding Snip-its business<br />
    26. 26. Training Support: How Do You Learn to Operate Your Snip-its?<br /><ul><li>Franchise Training
    27. 27. Five days
    28. 28. At Corporate Office
    29. 29. Everything you need to know
    30. 30. Grand Opening Training
    31. 31. On Site
    32. 32. 2 Corporate Employees
    33. 33. 3 Days
    34. 34. Continuing Education
    35. 35. Custom training programs
    36. 36. Market and Store visits</li></li></ul><li>Snip-its Support Team<br />CEO – Jim George <br />Operation Consultant: Chris Ochoa<br />Field Financial Analyst, Jason Bloom<br />Marketing Consultant, Larry LaFontaine<br />Marketing Fund Committee<br />Artistic Education, Marsha Cole<br />
    37. 37. Marketing Support<br />Seasonal Promotional Calendar<br />Back to School<br />Holiday<br />Spring<br />Schools out for Summer<br />Marketing Vehicles<br />In Store<br />Direct Mail<br />Print<br />PR<br />
    38. 38. Marketing Samples<br />
    39. 39. Marketing Samples<br />
    40. 40. Next Steps<br />Fill out Franchise Application<br />Interview with Director of Sales<br />Receive and Review Federal Disclosure Document<br />Speak with Current Salon Owners<br />Interview with CEO, Jim George<br />Sign Franchise Agreement – Pay $25,000 Franchise Fee<br />Start Site Selection<br />
    41. 41. Questions?<br />

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