Status Hair Salon is a modern salon that caters to a young, hip, trendy, and upwardly mobile market. Status Salon provides one of the widest selection of beauty services for clients who want international quality looks while on a reasonable budget. From classic cuts to modern trends, our team of professional-educated internationally-trained service, well providers will work with you to give you the style you’ve always wanted.
Created in 2011, Status Hair Salon came into being when sisters Robina and Roseann Ko set up their first hair care establishment in Robinsons Galleria. Wanting to create their own, unique brand, the two set out to build the salon with a vision of providing services in line with the highest international standards. Status Hair Salon was also awarded by BEST CHOICE AWARD 2014 as Best Choice High-End Beauty Care & Treatment Salon.
With its initial branch in Robinson Galleria, Status Hair Salon are expanded to Eastwood, Tomas Morato, Katipunan and Greenhills.
Mission:
To create a unique position in the salon industry, and become a brand known for exceptional beauty and skill while taking care of the status of each client’s hair.
To provide quality service at an affordable price to every Filipino citizen.
Vision:
We believe that hair care is an indispensable part of the modern lifestyle, and Status Hair Salon is committed to bringing all the classic styles and all the latest trends to the local industry.
We believe that everyone should be able to follow their own style and take inspiration from any global trend. We believe in following the highest international standards and we believe that these should be brought to you.
How to franchise Status Hair Salon:
You can now have your own business starting at Php500,000.00
Total Franchise Investment: would range from Php3 Million
Franchise Includes:
- Franchise fee of Php300,000.00
- Leasehold deposit
- Site development
- Salon equipment
- Initial stocks
- Salon manage system
- Staff training – tax inclusive
Investment includes the following:
- Construction
- Salon Equipment
- Salon Supplies
- Procurement Program
- Franchisee Training
- Staff Hiring and Training
- Operations manual
- Marketing Collaterals
- Opening Support
Not included in the package:
- Security and Advance Rental
- Signage
- Architectural Designs and Plans
Return of investments: estimated at 1 to 2 years
Required Space: minimum of 20 square meters
Royalty Fee: only 8% from fourth month to 2nd year and 10% on the remaining years of franchise term. Mole: First 3 months of the franchise term, the royalty fee is waived.
Contact Details of Status Hair Salon:
17B 17th Floor, Olympic Heights Tower 1,
Eastwood City, Brgy. Bagumbayan,
Quezon City, Philippines
Franchise Hotline: (+632998)577-6880
Telephone No.: (02) 570-2863
Email: [email protected], [email protected]
Website: www.statushairsalon.ph
Facebook Page (This link will open on a new window)
Basics of Franchising Status Hair Salon
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Status Hair Salon, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Status Hair Salon is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Status Hair Salon offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
Status Hair Salon is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Status Hair Salon due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Status Hair Salon, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Status Hair Salon also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising Status Hair Salon
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with Status Hair Salon franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Status Hair Salon.
4 Check if Status Hair Salon franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful Status Hair Salon franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Status Hair Salon franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Status Hair Salon franchisee.