The Snip-its franchise opportunity webinar outlines the advantages of investing in a franchise, particularly in the children's hair salon industry. It highlights the stability and profitability of franchises compared to independent businesses, citing a significant market demand and a supportive operational framework. Potential franchisees can expect comprehensive training, ongoing support, and marketing assistance, with start-up costs ranging from approximately $127,775 to $273,731.

1. Welcome to the Snip- its Franchise Opportunity Webinar

2. AgendaIs Now A Good Time To Go Into Business For Yourself?Why a Franchise?Why The Hair Industry?Why Snip-its?Next Steps

3. Is Now a Good Time to go into Business for Yourself?Economic UncertaintyDesire to Control Your Own FutureJob SecurityAlternative to RetirementDiversifying your InvestmentsTake advantage of record lows in commercial real estate

4. Why Invest in a Franchise?Nearly 50% of all retail business in the United States is done through franchisesFranchise businesses employ more than 14 million AmericansOne out of every 12 businesses in the United States is a franchised business80% of other businesses fail in the first two years (U.S. Department of Labor and IFA)Franchise business owners, on the average, live within 10 miles of their franchiseIn 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

5. Don’t Take My Word For ItA seven-year study found that 91% of franchised businesses were still operating compared to a mere 20% of individual startups- source: entrepreneur.comBoston Globe (boston.com) ran article today “Buying into a franchise can take uncertainty out of getting started”“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.

6. Why Invest in Hair Salon Industry?Big Business: $45 Billion Dollar IndustryChildren’s Segment is $5 Billion NBC News recently reported number of children enrolled in Elementary school has exceeded the baby boomer years by over a million.Recession ResistantAbsentee ModelSimple Operations

7. Why Snip-its?History of Snip-its from our founder, Joanna MeiselesHow Much Does it Cost to Open a Snip-its?How does Snipits assist in finding a good location?How do you learn to operate your Snip-its?What type of marketing and ongoing support does Snip-its corporation offer?

8. Sept, 1993

9. April, 1994April, 1994 Plenty of mom & pop, regional chains tryingClear needPlenty of mom & pop, regional chains trying

10. Clear need for this service

11. No one “doing it right”

12. for this service

13. No one “doing it right”Sept, 1993

14. Framingham, MASnip-its First Salon Opened in September, 1995

15. Opened four more corporate locations

16. Opened first franchise in 2003

17. Grown to largest Children’s Hair Franchise in US

18. 63 Salons open across the United StateSnip-its Mission StatementTo become the biggest and best children’s hair care company in the world in number of salons, single unit revenues, and customer experience.

19. The Secret Snip-its SauceSnip-its has created an Entertaining ConceptEntertainment has a purpose, not a gimmickOffer distractionHelp children form positive associationsMajor differentiator against competitionGrounded in the Snip-its Gang

20. Snip-its Hair Care LineProprietary Line formulated just for kidsAll natural, irritant-free, alcohol free, botanical extractsFlavored shampoos are tear-freeSpray Mouse is best seller!

21. Snip-its PartiesService ExtensionNot many options for girlsBig benefitsVery Profitable serviceGreat marketing vehicleTypes:GlamourTrip-to-HollywoodStyle-A-DollGoal 20% of total revenue

22. How Much Does It Cost to Open a Snip-its?Express Unit Turn-key cost ranges from $127,775 - $187,850No party room, Average 700 sq ftIncludes franchise fee of $25,000Traditional SalonTurn-key cost ranges from $141,189-$273,731Party Room, Average 1200 sq ftRoyalties1st year 5%, increases to 6%

23. Location! Location! Location!Lifestyle/Power Center Regional Retail Centers15,ooo kids in 10 minute drive timeAges 0 – 9Open 7 days per week, apx 55 hours per weekSite selection available

24. Snip-its Team MembersStaff of 7 – 10 EmployeesManagerLicensed CosmetologistsRegulated by the stateSpecialized Snip-its TrainingReceptionistParty Supervisor

25. Snip-its Franchise Support SystemBe in business for yourself, but not by yourselfTrainingGrand Opening and Ongoing Artistic TrainingOperational SupportFinancial OperationsTo Provide all the tools and support necessary for Snip-its franchisees to open and operate a successful and rewarding Snip-its business