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COST CUTTERS SELECTED AS ONE OF TOP FRANCHISES FOR WOMEN

 COST CUTTERS SELECTED AS ONE OF TOP FRANCHISES FOR WOMEN
 MINNEAPOLIS, Oct. 29 /PRNewswire/ -- Cost Cutters(R), the value


priced hair salon franchise chain owned by The Barbers(R), Hairstyling for Men & Women, Inc., was selected by Working Woman magazine as one of the best franchises for women investors.
 "With almost 4,000 business format franchise concepts being offered in America, it's an honor to receive such recognition," said Joe Francis, founder of Cost Cutters.
 The selection was based on research developed by Working Woman (November issue). The criteria for receiving the recognition was based on the number of franchises owned by women and the number of women in corporate offices at vice president level or above. There was also a steering committee to address concerns of women and other franchisees. Also reviewed was the litigation history and the number of small business loans which franchisees had defaulted on.
 "Cost Cutters ranked among the highest companies, as we've always had women in management," said Francis. "Our business is pretty much a woman's business, so we've been focused on their needs from the beginning.
 "A Cost Cutters franchise, which is in the personal grooming and fashion industry, is not a very complicated business, and retains a high interest level for most women. Another very attractive benefit in owning a Cost Cutters franchise is that it can be operated by an investor who has no prior knowledge of the haircutting industry," said Francis.
 The Barbers, Hairstyling for Men & Women, Inc., is a Minneapolis based publicly held company with almost 500 salons located throughout the United States.
 -0- 10/29/92
 /CONTACT: Joe Francis or Annette Bartizal, both of The Barbers, 1-800-345-7811, ext. 135/ CO: The Barbers, Hairstyling for Men & Women, Inc. ST: Minnesota IN: SU:


KH -- MN015 -- 6741 10/29/92 16:06 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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