This diversification can take many forms, but one of the most popular is to invest in a business to ensure a steady stream of additional income – one that has the potential for future growth and expansion.
The decision to invest in a business is only the beginning, there are numerous avenues to consider before a final choice is made. These range from investing in an existing business, opening a new business from scratch, or investing in a franchise. There is also the matter of choosing an industry to focus on, and deciding what kind of offering to present. These choices can seem daunting for a first-time business owner, or even those who are practiced in diversifying their investments, especially if they have little to no experience in their chosen industry.
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Going the franchise route is one of the best ways to minimise the risks associated with investing in a new business, and it comes with a host of additional benefits, not least of which is tapping into the industry experience held by franchisors.
Choosing a franchise brand is already a step in the right direction, and if the nail and beauty industry is your passion, or an industry you’ve always been interested in, a Tammy Taylor Nails salon is a worthy contender. Not only has the brand been in South Africa since 2013, but their salon footprint comprises over 40 salons nationwide, each one uniquely styled within the luxurious and glamourous identity of the master brand.
Melany Viljoen, President and Founder of Tammy Taylor Nails South Africa, brought the brand to the country from the USA after a visit to Tammy Taylor herself convinced her that the brand would be successful in the South African market. Tammy started the brand with a single salon in the USA in 1983, and it has grown from strength to strength, fast becoming the top brand used in salons all over the world. An unwavering commitment to quality products and excellent service is what resonated with Melany, and she has spent the past eight years ensuring that this is echoed in the South African chain of salons.
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Investing in a Tammy Taylor Nails salon therefore not only taps into almost a decade of experience from the South African operation, but almost forty years of experience internationally. South African franchisees can expect only the best in service and support from the local operation, with Melany and her team assisting new business owners at every step in their journey to salon ownership. This support ranges from assistance with location scouting and lease negotiations, to 3D salon shopfitting renders so that salon owners can truly envisage what their salon will look like before they open. It also includes full training for both salon owners and their employees in both nail and beauty services, and assistance with recruitment of salon staff.
Tammy Taylor Nails South Africa also offers salon starter kits that include uniforms for staff, branded towels, nail and beauty product stock, owner operating manuals, and assistance with marketing and social media – truly a one-stop shop.
Opening a new business can feel challenging, but with the right support offered by a franchisor with many years of experience and knowledge of what works and what doesn’t, this process can be both easy and fun. Being supported in your new business journey can make all the difference, and owners can focus on their business and on making it a success, without the added stress and worry that usually comes with such an endeavour.
Visit the Tammy Taylor Official website now for more info about starting a high end salon franchise.