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Great Clips is the world’s largest and fastest growing hair salon brand, with more than 4,400 salons across the U.S. and Canada. Providing great haircuts at a great price in a convenient, no appointment walk-in format, they continue to grow through franchising.
In March of 2020, Great Clips had 4,501 salons open. One month later that number was 17. How did this franchise organization pivot during a global pandemic to not only survive but thrive?
Like any business, franchisors often get caught up in recruiting and qualifying the perfect candidates to invest in their organization. What's the balance between being too picky and not picky enough?
Most successful franchisees know there's no such thing as being an absentee owner. Investing in a manager-run business can help them manage their time and their investment.