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Ex-VP Of Sherwin-Williams Owns IMAGE Studios Franchise
Yahoo Financeยท2025-09-23 13:00

Core Insights - The decision to invest in IMAGE Studios was influenced by the company's strong corporate support and the founder's personal connection to its origin during the housing crisis [1][4] - The franchise model offers a flexible work-life balance compared to previous corporate roles, allowing for reduced working hours and increased personal time [6][9] - IMAGE Studios has a focus on community impact and relationship-centered leadership, which has contributed to a high retention rate of beauty professionals [12] Company Background - IMAGE Studios is recognized as a leading franchise brand in modern and luxurious salon suites, appealing to beauty professionals [4][5] - The franchise was established during the pandemic, indicating resilience and adaptability in challenging economic conditions [1] Investment and Funding - Initial funding for the franchise was challenging, with a total investment of $1.2 million required to start the business [7] - The founder leveraged personal storytelling to secure funding from investors, emphasizing the importance of sharing one's journey [7][8] Lifestyle Changes - Transitioning from a corporate role to franchise ownership resulted in a significant reduction in working hours, from 70-80 hours a week to 5-10 hours [6][9] - Improved health and well-being were noted as benefits of the new lifestyle, along with the ability to support other entrepreneurs [10] Business Strategies - The franchise employs innovative recruiting practices, community philanthropy, and a focus on empowering entrepreneurs [11] - Relationship-centered leadership is emphasized, with a commitment to understanding and supporting beauty professionals, leading to a 65% retention rate [12][11] Philanthropic Efforts - IMAGE Studios engages in community service, such as providing free makeovers to women at shelters, enhancing their confidence and well-being [13]