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Snip N Clip: Case Study Answers

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Snip N Clip: Case Study Answers
As a cosmetologist my first instinct when looking at my two franchising options would be to invest in Snip ‘N Clip. Upon further investigation it can be inferred that Snip ‘N Clip has less fees as far as the initial investment goes while the other option, Smoothie King, has a significantly higher initial investment and in addition there is a royalty fee. Now, Smoothie King is a larger franchise with almost five times the amount of locations than Snip ‘N Clip. In addition to this, Snip ‘N Clip has been in business for far longer than Smoothie King. If I am just looking at the information provided for the two companies, I would go with Snip ‘N Clip. But I cannot base my decision off of such little information. In order to make an educated

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