Salon Professional Education Company (SPEC) vs Snip-Its Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Salon Professional Education Company (SPEC) vs Snip-Its including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Salon Professional Education Company (SPEC) Snip-Its
Investment 145500 - 1111000 124595 - 220375
Franchise Fee 0
Royalty Fee 6%
Advertising Fee 2%
Year Founded 2004 1992
Year Franchised 2018 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Salon Professional Education Company (SPEC) Snip-Its
Experience General business experience

Financing Options
  Salon Professional Education Company (SPEC) Snip-Its
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Salon Professional Education Company (SPEC) Snip-Its
Training On-The-Job Training: 80 hours Classroom Training: 34 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10

Expansion Plans
  Salon Professional Education Company (SPEC) Snip-Its
US Expansion 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 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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Salon Professional Education Company (SPEC)
Snip-Its
Franchise Fee
Salon Professional Education Company (SPEC)
Snip-Its
Royalty Fee
Salon Professional Education Company (SPEC)
Snip-Its 6%
Advertising Fee
Salon Professional Education Company (SPEC)
Snip-Its 2%
Year Founded
Salon Professional Education Company (SPEC) 2004
Snip-Its 1992
Year Franchised
Salon Professional Education Company (SPEC) 2018
Snip-Its 2003
Term Of Agreement
Salon Professional Education Company (SPEC)
Snip-Its 10 years
Renewal Fee
Salon Professional Education Company (SPEC)
Snip-Its 25% of initial fee


Business Experience Requirements
Experience
Salon Professional Education Company (SPEC)
Snip-Its General business experience

Financing Options
 
Franchise Fees
Salon Professional Education Company (SPEC)
Snip-Its
Start-up Costs
Salon Professional Education Company (SPEC)
Snip-Its
Equipment
Salon Professional Education Company (SPEC)}
Snip-Its
Inventory
Salon Professional Education Company (SPEC)
Snip-Its
Receivables
Salon Professional Education Company (SPEC)
Snip-Its
Payroll
Salon Professional Education Company (SPEC)
Snip-Its

Training & Support
Training
Salon Professional Education Company (SPEC)
Snip-Its On-The-Job Training: 80 hours Classroom Training: 34 hours
Support
Salon Professional Education Company (SPEC)
Snip-Its Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing
Salon Professional Education Company (SPEC)
Snip-Its Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Salon Professional Education Company (SPEC)
Snip-Its 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10

Expansion Plans
US Expansion
Salon Professional Education Company (SPEC) 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
Snip-Its 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
Salon Professional Education Company (SPEC)
Snip-Its
International Expansion
Salon Professional Education Company (SPEC)
Snip-Its