Franck Provost a glamorous brand, profitable business model, says franchisee
After a six year hiatus Virginie Maciejowski was ready to re-enter the workforce. She opted to invest in hairdressing franchise Franck Provost as it ticked all the boxes.
Virginie takes the Franchising Q&A…
When and why did you decide to buy a franchise? I decided to buy a franchise in 2012 after six years of inactivity. On the one hand, it was the ideal way of developing a business abroad. On the other hand, I appreciated the safety and support that you can have with a master franchise while also being independent.
How did you go about researching the brand? My husband met Jean-Francois and Stephanie, the two owners, in a French Australian Chamber of Commerce and Industry meeting and they discussed it.
What would you do differently in terms of the due diligence process, if anything? Nothing, it was perfect.
What was the major reason for you choosing this brand? First of all, the glamorous and feminine aspect of the brand suits me. Moreover, we provide services that allow you to develop strong relationship with your clients.
How did you fund your franchise investment? I had some personal funds and I also took out a loan.
What is the biggest lesson you’ve learned as a franchisee? To learn how to manage a business in all aspects.
What has been the biggest challenge as a franchisee? To maintain a skilled and stable team.
What goals have you achieved since being a franchisee? The business was profitable from the first year.
What advice would you offer someone thinking of investing in a franchise business? First of all you have to be convinced by the brand and its standards. Then you have to draw a precise and realistic business plan.
Would you invest in this brand again?
If you are interested in becoming a Franck Provost franchisee, visit the brand's website.