Snip-Its vs Cost Cutters Family Hair Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snip-Its vs Cost Cutters Family Hair Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Snip-Its Cost Cutters Family Hair Care
Investment 124595 - 220375 148930 - 316700
Franchise Fee 0 0
Royalty Fee 6% 6%
Advertising Fee 2% 4%
Year Founded 1992 1982
Year Franchised 2003 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Snip-Its Cost Cutters Family Hair Care
Experience General business experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  Snip-Its Cost Cutters Family Hair Care
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Snip-Its Cost Cutters Family Hair Care
Training On-The-Job Training: 80 hours Classroom Training: 34 hours On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates Regional Advertising Social media SEO
Operations 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Expansion Plans
  Snip-Its Cost Cutters Family Hair Care
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
Snip-Its
Cost Cutters Family Hair Care
Franchise Fee
Snip-Its
Cost Cutters Family Hair Care
Royalty Fee
Snip-Its 6%
Cost Cutters Family Hair Care 6%
Advertising Fee
Snip-Its 2%
Cost Cutters Family Hair Care 4%
Year Founded
Snip-Its 1992
Cost Cutters Family Hair Care 1982
Year Franchised
Snip-Its 2003
Cost Cutters Family Hair Care 1982
Term Of Agreement
Snip-Its 10 years
Cost Cutters Family Hair Care 15 years
Renewal Fee
Snip-Its 25% of initial fee
Cost Cutters Family Hair Care


Business Experience Requirements
Experience
Snip-Its General business experience
Cost Cutters Family Hair Care General business experience Marketing skills Retail/service industry experience useful

Financing Options
 
Franchise Fees
Snip-Its No
Cost Cutters Family Hair Care No
Start-up Costs
Snip-Its
Cost Cutters Family Hair Care
Equipment
Snip-Its}
Cost Cutters Family Hair Care
Inventory
Snip-Its
Cost Cutters Family Hair Care
Receivables
Snip-Its
Cost Cutters Family Hair Care
Payroll
Snip-Its
Cost Cutters Family Hair Care

Training & Support
Training
Snip-Its On-The-Job Training: 80 hours Classroom Training: 34 hours
Cost Cutters Family Hair Care On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
Support
Snip-Its Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Cost Cutters Family Hair Care Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing
Snip-Its Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Cost Cutters Family Hair Care Co-op Advertising Ad Templates Regional Advertising Social media SEO
Operations
Snip-Its 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10
Cost Cutters Family Hair Care Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Expansion Plans
US Expansion
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
Cost Cutters Family Hair Care 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
Snip-Its
Cost Cutters Family Hair Care
International Expansion
Snip-Its
Cost Cutters Family Hair Care