Jawed Habib — Hairdresser

Jawed Habib runs an institute for hairdressers in Andheri. He propoes to set up a chain of hairdressing salons.He is from the third generation of hairdressers. He uses his fingers and scissors. It is important to teach a good quality basic cut. He runs a skill-based institute. He believes in the franchise model. He charges 15 per cent of the total revenues on a monthly basis. They sell territories to master franchisees. They exercise control on the quality and hygiene factor of the franchise network. Their software is sourced from TCS. In the US, there is a chain called Super Cut. In Europe, every country has its brand. He says that he does not cut hair, he designs it. Hair styling is 10 per cent art, and 90 per cent science. They have now 184 outlets — both franchisee and owned. Their revenues in 2010 were Rs 22 crore. They expect to reach Rs 75 crore by 2015. They have initiated an IPO.

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