What minimum internet speed is recommended for a Cost Cutters Family Hair Salon franchise?
Cost_Cutters_Family_Hair_Salon Franchise · 2024 FDDAnswer from 2024 FDD Document
- b. Internet service with recommended minimum speed 50 Mbps, preferred speed 150 Mbps or faster (Estimated monthly cost $125-$225USD, Installation fee $100-200USD)
You may need to upgrade your internet service to ensure good performance of the POS and other internet based systems.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 43–52)
What This Means (2024 FDD)
According to Cost Cutters Family Hair Salon's 2024 Franchise Disclosure Document, the minimum recommended internet speed for a franchise location is 50 Mbps, with a preferred speed of 150 Mbps or faster. The estimated monthly cost for this service ranges from $125 to $225, with an installation fee between $100 and $200. This internet service is essential for the point-of-sale (POS) system and other internet-based systems used in the salon.
Cost Cutters Family Hair Salon requires franchisees to obtain specific computer hardware and software, including a point-of-sale system, credit card processing system, and other accessories. The computer system must allow for 24/7 electronic communication between the franchisee and the franchisor. The franchisor has continuous access to all operational information on the computer system, excluding employment-related data.
If a Cost Cutters Family Hair Salon location uses the Education Playground system extensively, the franchisee may need to upgrade their internet service to ensure optimal performance of the POS and other internet-based systems. The franchisor may periodically modify the computer system's specifications, potentially requiring franchisees to purchase, lease, or license new or modified components. Franchisees are responsible for all costs associated with obtaining and maintaining the computer system and related services.