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(1) What is the franchise fee? Answer - A one-time $20,000 initial franchise fee is charged for your first unit.
(2) What are the royalty fees? Answer - The on going royalty fee is 7% of your gross monthly sales. In addition, you will pay a $15 dollar monthly referal fee for the use of our 1888 LICE SQUAD toll free line and referal system.
(3) How much cash or liquid assets will I need? Answer - The minimum requirements for a Lice Squad Canada franchise is $15K liquid assets above the franchsie fee.
(4) Does Lice Squad Canada offer help with financing? Answer – Lice Squad Canada does not directly finance, but may consider this on an as needed basis.
(5) What type of initial training does Lice Squad Canada provide before I open my business? Answer - You will be required to successfully complete a 4 day training period at our head office near Toronto, Ontario Canada. You will be required to study our operations manual and system training manual prior to be able to pass several written and practicle tests. We also require you to demonstrate our removal system out in the field.
(6) How profitable is a Lice Squad Canada Franchise? Answer - Profitability will vary considerably depending on such factors as: advertising/marketing efforts, the sales ability of your consultants, location, operating costs, financing terms, your ability to manage and control the expenses, as well as many other factors. Lice Squad Canada does not predict sales or profits for any new location. The average gross sales reported to us on a yearly basis from current franchisees in the system ranges between $38,000 to $270,000. The success of your franchise is ultimately in your hands. However, our team works very closely with you to ensure success and we provide you with an outstanding marketing system that has proven results in our first 5 test markets - Your success is our success!
(7) What qualities does Lice Squad Canada look for and what helps qualify a prospective franchise? Answer - The following qualifications, among others, are essential to qualify :
- A person(s) with a strong desire to build a business rather than buying themselves a job!
- A team player
- A person who shares our Vision, Mission, Core Values and culture.
- A leader - a person who can effectively recruit, maintain and motivate their team
- Someone who can follow a system and vary from it.
- A person who has passion, empathy, a good sense of humor, and people skills.
- Some relevant head lice experience
- Is availible and willing to attend training
- Has the funds nessassary to purchase the franchise and fund the start up.
- Can openly communicate and share new ideas.
- Is looking at a long term relationship
(8) Do I need to be a hair stylist or nurse to own a Lice Squad Canada franchise? Answer - No, not at all. We actually prefer that you have management, general business, and marketing experience to hair care experience. We want you to have a strong belief in our concept, commitment to excellence, desire to succeed, and a willingness to learn!
(9) Do I need to actually work on clients? Answer - Yes, we feel it is important for you to initially be in the field serving clients however, the ideal set up is to train consultants/contractors to do the majority of the service work for you. Your main focus should be on growing your business by marketing, forming relationships with the media and being in the office to take calls and refer them to consultants. It is important for your team to know that you are there for them but you have the option to do service calls when you wish.
(10) What’s the next step? Answer - Please fill out the on-line application…it’s that easy! Send it with a $30 dollar administration fee, refundable if you do not qualify. Once we receive it, a representative from Lice Squad Canada will give you a call to discuss this exciting opportunity!
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