“Is it Good to Buy a Medical Spa Franchise?”
There are franchises that are very good and there are some franchises that are not so good.
When it comes to medical spa franchises, my experience has been that anybody who bought a medi spa franchise did not get the support that normal franchises usually offer.
Few companies are attempting to franchise the medical spa model. But unfortunately, they have not been extremely successful.
When you buy a franchise you normally have to make a big initial investment and then, you have to give up a large percentage of your revenue. Because supposedly, they’re giving you a proven-effective business model.
So, there are options out there. Just be careful if you are going to buy one. Make sure they have a proven-effective business model and are willing to give 6% to 7% of your gross revenue.
Or if you want to keep all of your revenue, you would be better off working with a firm like InSPAration Management. We give you a successful business model, we set you up for success, and you get to keep all the money. So, the choice is yours.
Now, I’ve had people who bought a franchise. They were promised the world and did not deliver. Just be very careful. Do your homework. You want to talk to other franchisees who bought in and get their feedback.
You really want to look into their business model and make sure that it is an effective one. That they are generating revenue after they pay the franchisor. Do your homework and make sure that you investigate thoroughly before you do it.
Now, if you come to the Leap Ahead seminar, where we go over the a to z of what it takes to run a business successfully, it’s like getting an MBA in medi spa and spa business. You literally can take that model that we teach you during this three-day event, go back and implement it, and you’ll be successful.
With some additional coaching, a little more help, and maybe some more tools, you’ll be hitting the ground running and never look back. We have helped many people implement that model and now they are super, super successful.
Go to the InSPAration Management YouTube channel and check out all the videos of what graduates like you say about how it is to work with us.
That will give you a very good idea on whether you should go buy a franchise or not.
There are two ways that you can go into business: buy a franchise, or do your own and keep more money. Make sure that you choose the right thing for you.
If you want more information, you can always contact us. I’ll be more than happy to help.
As a matter of fact, you probably should set up a strategic planning session and go online to the homepage. You’ll be able to see it and you can schedule it.
You can fill out the form so we learn a little bit more about you. Then, we can set up the call and help you out.
Have a question? Make sure you send it to: info@InSPArationManagement.com.
Until next time, stay inspired!