Despite the economic and financial slow-downs, there are service related franchise businesses that tend to weather the storm when it comes to having a relatively consistant customer following. Hair-Cutting Franchises fall in this category of franchise systems that offer "people" based services.One such franchsie that continues to do well and opens new franchised locations regularly is Great Clips.
Great Clips has a relatively low total expected investment of around $100K for being a well recognized brand in the franchise industry.
Shelby Yastrow - Former Executive Vice President at Great Clips states, "Haircare is like food -- it's not a fad. Sure, tastes and styles change, but, just as people will not stop eating, they won't stop getting their hair cared for. That's one reason this business has more "staying power" than many trendy businesses. "
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