KathNails, was first established in 2017, empowers women to develop self-confidence by feeling proud and optimistic about themselves. Kathryn Bernardo wanted to create a beauty and wellness haven where women can stay to have a relaxing pampering experience. Her idea came into reality when KathNails by KCMB’s pioneer branch commenced its operations on May 26, 2017 at SM North EDSA, The Block.
In less than 7 months, KathNails was able to successfully put up its second and third nail salon and spa at SM Mall of Asia and Ayala Malls Cloverleaf, respectively. With the brand’s 202030 vision or by expanding the business to 30 branches by 2020, it has positioned itself to create a market niche among its captive market (KathNiel fans) and the A-B-C mall-goers by providing a wellness and beauty venue for the whole family.
Be our franchise partner and grow KATHNAILS with us! We are looking for the RIGHT PARTNERS, who believe in our Mission, Vision, Guiding Principles and Core Values.
How to franchise KathNails:
FRANCHISE APPLICATION PROCEDURES
1. Please accomplish the KathNails Franchise Application Form Here. (This link will open on a new window)
2. Then, attach a letter of intent, signifying the reasons why you want to become a franchise partner of KathNails.
3. You will receive a request for an initial meeting for us to explain the Application Process.
4. During the initial meeting, please submit the following documents/information requirements:
- Location of the proposed KathNails salon, citing justification for the selected location and potential market
- Company Profile (if owner of business entity) and resume of principal owners of the proposed business franchise
- Audited Financial Statements, last 3 years (if company)
- Latest ITR filed (if individual) and proof of employment and payroll
- Sources of Funds to support the business
- Bank Statements
5. Initial documents submitted shall be evaluated based on the financial capacity of the franchise applicant before proceeding to the succeeding step.
6. After passing the initial evaluation, you will receive an Advice on Due Diligence Schedule and Information Requirements.
7. A Due Diligence Report shall be prepared and submitted by the Assessment Team to KathNails Management as basis for the deliberation on approval/disapproval of the franchise application based on the following:
- Management Team and capability to run a successful business
- Customer Service Orientation
- Market Potential of the Location
- Financial Capacity
8. Release of Advice on Decision – Approval/Disapproval of the Application within 2-4 weeks from the completion of the due diligence.
9. Contract Signing of the Franchise Agreement
FRANCHISING AGREEMENT
Inclusions for Set-up of the Business/upon Opening:
1. Use of name and proprietary marks
2. Site ocular visit and approval of location
3. Manuals
- Operating Procedures Manual
- Brand Manual
- Organization Manual
4. Orientation/Training of the Franchisee on the set-up and overall management and operations of the business
5. Orientation/Training of the Branch Manager and backroom support personnel
6. Initial Orientation/Training of All Nail Technicians and Aestheticians
7. Pre-Opening Marketing and Promotional Assistance
8. Basic furniture, tools and equipment
9. Initial Supplies and Materials Inventory
10. Perspective – Façade and Interior
11. Assistance in Organizing the Salon Opening
Inclusions for Business Continuity:
12. Calendar Year Marketing Plan
13. Specific Training on the Following, if desired:
- Customer service management;
- Inventory management and control;
- Cash management and control;
- HR management and discipline process; and
- Accounting/financial reporting of operations
14. Quarterly Operations Review/Audit
15. Quarterly Refresher Course for Nail Technicians and Aestheticians Based on Customer Feedback
16. Annual Review of Operations and Business Planning
Contact Details of KathNails:
MAIN OFFICE
4F Service Avenue, Ayala Malls,
Cloverleaf, Brgy. Balingasa, Balintawak,
Quezon City, Philippines
Office Phone Number: (02) 508-1463
Email Address: [email protected]
Website: www.kathnailsbykcmb.com
Facebook Page (This link will open on a new window)
Basics of Franchising KathNails Salon and Spa
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from KathNails Salon and Spa, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising KathNails Salon and Spa is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising KathNails Salon and Spa offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
KathNails Salon and Spa is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like KathNails Salon and Spa due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by KathNails Salon and Spa, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of KathNails Salon and Spa also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising KathNails Salon and Spa
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with KathNails Salon and Spa franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising KathNails Salon and Spa.
4 Check if KathNails Salon and Spa franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful KathNails Salon and Spa franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful KathNails Salon and Spa franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful KathNails Salon and Spa franchisee.