Looking to start your own business? Read more #Franchising Facts from Supercuts
Disclosure: I received compensation for this post from Business2Blogger & Supercuts. Regardless, all opinions are 100% my own.
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. In doing some research, I have found out that with the right business plan and some start up capital, I could achieve that dream and with a renowned company like Supercuts.
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:
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.
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.