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Looking to start your own business? Read more #Franchising Facts from Supercuts

Kristin
This post may contain affiliate links or I may have received the product free in exchange for my honest review. See full disclosure for more information.

Disclosure:  I received compensation for this post from Business2Blogger & Supercuts.  Regardless, all opinions are 100% my own.

 

supercuts

 

Last month, I shared with you some interesting misconceptions about owning a franchise.  This month I am sharing some interesting fun facts about owning a franchise.

I have always dreamed of owning my own business.  Being financially independent and providing a stable living for my family without having to always answer to someone else’s business plans is something I have aspired to achieve. Beyond understanding franchising facts, it’s important to know about useful tools that can facilitate your startup journey. Before plunging into your Supercuts franchise, consider checking zenbusiness reviews for their highly regarded LLC formation services that can provide you with an easy, affordable way to start your business. 

Supercuts Female Photo

Supercuts recently completed a survey and found came up with amazing results in answer to the question: “Who is looking to start a business?” 1000 People with a net worth of over $200,000 were surveyed and here are the results:
 
  • 56% are planning on opening or starting a business in the next 12-18 months. (Either alone or with a partner.)
  •  25% are females looking to start their own business.
  •  56% looking to start a business are planning on having a business partner.
  •  31% of the people looking to start a business are planning on going into business with a spouse or domestic partner. (That’s roughly 10% of all respondents.)
  •  30% of respondents looking to start a business are going into business with a friend and 26% are going into business with a colleague.
  •  Females are more likely to go into business with a spouse or domestic partner than males.
 
Ever curious about how business partners are likely to be related? Here’s a nifty chart giving more interesting details:
Screen Shot 2013-10-15 chart
 
 
Looks as if most business partners are either your spouse or close friend.  What better way to share a journey than with someone you know and trust.
 
Remember, you don’t have to be a haircare specialist to own a thriving franchise like Supercuts.  With a bit of business savvy and determination, you could be on the road to a successful business of your very own.
 
 
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Kristin

Master reviewer of all types of products. Love XL Fountain Sodas!! Cheer Mom extraordinaire. Socialite to all things small town and founder of ItsFreeAtlast.com. Come socialize and connect with me.

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4 thoughts on “Looking to start your own business? Read more #Franchising Facts from Supercuts”

  • I hope to start my own business one day. I believe I’ve finally decided on becoming a certified nutritionist by getting a degree in exercise physiology and nutrition. I can heal myself, while healing others. I don’t have the net worth like those above, but for a small $20,000 investment in education (likely a bit more, but thats the start), I can help others.

  • interesting statistics, starting your own business would be such an accpomlishment

  • I should share this with my niece. She is going to school to be a cosmologist!

  • It is great to know about a company before investing in it. I can see Super Cuts being a good investment. Guys are always going to need haircuts and the one I lived near in NYC was always crowded.

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