Start-Up Costs and Fees |
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| Lord's & Lady's Hair Salons | SmartStyle | |
| Investment | 50000 - 175000 | 149430 - 305200 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1975 | 1996 |
| Year Franchised | 1980 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Lord's & Lady's Hair Salons | SmartStyle | |
| Experience | ||
Financing Options |
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| Lord's & Lady's Hair Salons | SmartStyle | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lord's & Lady's Hair Salons | SmartStyle | |
| Training | Boston, MA 2-5 Days | On-The-Job Training: 5 hours Classroom Training: 25 hours |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | Ad Templates National Media Regional Advertising Social media | |
| Operations | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
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| Lord's & Lady's Hair Salons | SmartStyle | |
| US Expansion | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Franchise Fee | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Royalty Fee | |
| Lord's & Lady's Hair Salons | 6% |
| SmartStyle | 5% |
| Advertising Fee | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | 2% |
| Year Founded | |
| Lord's & Lady's Hair Salons | 1975 |
| SmartStyle | 1996 |
| Year Franchised | |
| Lord's & Lady's Hair Salons | 1980 |
| SmartStyle | 2016 |
| Term Of Agreement | |
| Lord's & Lady's Hair Salons | 10 years +10 |
| SmartStyle | |
| Renewal Fee | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
Business Experience Requirements |
|
| Experience | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
Financing Options |
|
| Franchise Fees | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Start-up Costs | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Equipment | |
| Lord's & Lady's Hair Salons} | |
| SmartStyle | |
| Inventory | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Receivables | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
| Payroll | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |
Training & Support |
|
| Training | |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| SmartStyle | On-The-Job Training: 5 hours Classroom Training: 25 hours |
| Support | |
| Lord's & Lady's Hair Salons | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| SmartStyle | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | Ad Templates National Media Regional Advertising Social media |
| Operations | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| SmartStyle | |
Expansion Plans |
|
| US Expansion | |
| Lord's & Lady's Hair Salons | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| SmartStyle | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Lord's & Lady's Hair Salons | |
| SmartStyle | |