Is it better to own a salon franchise or open an independent salon?

The choice between a salon franchise and independent salon is a very personal choice. If you want more upfront help, a franchise might be better. If you want complete control, an independent salon might work out better. 

What kind of support and training do salon franchises offer?

The level of support and training offered by salon franchises varies dramatically. Some will help you getting the doors open. Others will take a more hands-off approach. Do your research before signing up. 

How much money can I make with a salon franchise?

The amount of money you can make with a salon franchise varies. A high end salon franchise in a popular area will likely earn more than a lower end salon franchise in a less popular side of town. 

What qualifications do I need to own a salon franchise?

Generally, you’ll need some experience in the beauty industry or as a business owner. Additionally, you often need a significant amount of cash or high net worth to get started. 

About the Author

Sarah Sharkey

Sarah Sharkey

Personal Finance Writer

Sarah Sharkey is a personal finance writer who enjoys helping people make better financial decisions.

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