According to the experts, business growth will continue in 2013. A report from the National Association for Business Economics predicts the economy will expand by 2.1 percent in 2013, compared to 2.2 percent in 2012. When it comes to franchise businesses, a similar scenario is taking shape, with a 1.4 percent growth projected, compared to […]
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Wade Brannon’s 10 Tips for Finding the Perfect Retail Space in a Tenant’s Market
It’s a tenant’s market when it comes to commercial real estate, but it won’t always be that way. According to the Urban Land Institute, recovery in the commercial real estate industry has begun, and will continue into 2013. Leasing, rents and pricing will rise, and the excess of available retail space will begin to decrease. […]
Why these Kids Salon Franchise Owners Say Women Still Can Have It All
By Kate Silver Can women have it all? It’s a topic that’s generated quite a bit of buzz over the summer, following The Atlantic’s July cover story, “Why Women Still Can’t Have it All.” In the piece, author Anne-Marie Slaughter says that notion of life/family balance is more fantasy than fact in this day and […]
The Story of a Kids Salon Franchise Owner, Part 2
This is the second part in a series about opening a Pigtails & Crewcuts salon. Read the first entry, which we featured in May. Kelly Hailey was nervous the morning of Wednesday, August 15. It was opening day for her family’s Pigtails & Crewcuts salon in Chattanooga, Tennessee. For months, Hailey had worked hard, alongside […]
Top 10 Mistakes to Avoid When Opening a New Franchise Business
When it comes to opening a business, Wade Brannon knows what it takes, and, more importantly, he knows what mistakes to avoid. Since 1984, Brannon has overseen the opening of more than 300 businesses. Brannon is the owner of Pigtails & Crewcuts, a children’s salon franchise with more than 30 locations across the country. In […]
The Story of a Kids Salon Franchise Owner
This blog is part of an ongoing series taking a behind-the-scenes look at opening a Pigtails & Crewcuts salon. As Rudy and Sharon Hogan neared retirement, they started thinking about opening a franchise in their hometown of Chattanooga, Tennessee. Rudy, a financial advisor, thought opening a business would be a great project and a way […]
