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There are many advantages of buying a franchise
Not the least of which are the positive statistics that back up your decision with proven success rates. According to the NatWest/FBA Franchise Survey in 2009, the franchise industries in the UK are now estimated to be worth £11.4 billion, and estimated start-up costs have continued to decline.
Additionally, the U.S. Department of Commerce reports that less than 5% of franchises end up discontinued each fiscal year.
The same is not true for independent businesses: the U.S. Small Business Administration notes that 8 out of 10 new businesses fail within the first three years of their openings.
Dun & Bradstreet, the world’s leading source on commercial information, report that businesses with fewer than 20 employees only have a 37% chance of surviving four years of operation.
With a franchise, you have the convenience of buying an established, proven business plan
A clear brand image, and the support of the parent company. What you might not know yet are some other great resources supplied to you when you own a lucrative CoLaz beauty salon franchise.
Some of these advantages of buying a franchise through CoLaz include:
These benefits and many others can make anyone want to open a franchise and start making money for themselves today.
However, some qualities that can lend themselves to your success should you choose to journey with a CoLaz salon franchise are:
Now that you understand the advantages of buying a franchise with CoLaz, contact us today by filling out a simple inquiry here.