Basics of a REGIS Corporation Franchise
If you’re thinking about buying a REGIS Corporation franchise, there are many things to consider before signing on the dotted line. Becoming a REGIS Corporation franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a REGIS Corporation franchisee might be financially rewarding.
Owning a REGIS Corporation franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love REGIS Corporation’s products or services doesn’t mean that you will be able to successfully operate a REGIS Corporation franchise.
- Being emotionally attached to the idea of becoming a REGIS Corporation franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of REGIS Corporation should not form the basis for deciding to become a franchisee.
As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.
Are you looking for some free resources to help you determine if a REGIS Corporation franchise is for you?
REGIS Corporation Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a REGIS Corporation franchise is right for you.
If you truly want own a REGIS Corporation franchise, get all the information you can from REGIS Corporation and secure a qualified advisor who has experience helping people like you purchase franchises.
You may also want find that gaining a better understanding of the terms related to franchising would be helpful. If so, you may want to visit A Glossary of Franchise Terms.
Make sure that owning a REGIS Corporation franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.
Are you interested in more questions to ask REGIS Corporation franchisor, REGIS Corporation franchisee, or even yourself? Get to know the terms.
REGIS Corporation Franchise Disclosure Document
Carefully read the REGIS Corporation Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing REGIS Corporation’s Franchise Disclosure Document you will have a number of calls with REGIS Corporation’s franchise team before you will be allowed to call REGIS Corporation franchisees.
When you are allowed to call REGIS Corporation franchisees make sure you speak to at least five to eight franchisees. You will find that most REGIS Corporation franchisees will be honest and unbiased about REGIS Corporation. If you would like more information on how to dissect a REGIS Corporation FDD consider the following resources:
Does a REGIS Corporation Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a REGIS Corporation franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a REGIS Corporation franchise is the right move for you.
If you’re serious about becoming a REGIS Corporation all franchisee and want to explore owning a REGIS Corporation franchise, take the best first step you can and grab your copy of The Educated Franchise today!