E+W Studios, the Master Franchisor for The Waxing Studio, is dedicated to get you up and running and supporting your efforts through the life of your franchise.
Licensing/Franchising has proven to be a productive way to reduce the risk of business failure. According to the U.S. Department of Commerce, 90% of franchise businesses are still operating after 10 years. On the other hand, 82% of independent businesses have failed. In addition, only 8% of U.S. businesses are franchises, but they represent 40% of all retail sales in the United States.
Entering into any new business can be risky and a comprehensive evaluation and due diligence is important for any prospective franchisee. Clearly, purchasing a franchise can improve the odds of making your business venture a success. Important to any franchisee is the commitment of the franchisor to support your efforts before you open your Licensed Concept and throughout the months and years of ownership.
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