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Lice Business White Paper
1.
1
Is a Lice-Treatment Business Right For You? What do you need to succeed as an entrepreneur? Experts will say you need: 1. A competitive service or product 2. A large enough market 3. Enough money to market your product 4. A little luck The experts are right. But think of really successful companies that seem to have come from nowhere and become market leaders very quickly. Companies like Amazon, Apple or Google. Was it all luck? No. They saw major market shifts coming and then stepped into the forefront of the action. As vanguard companies, they hopped on the ripples that became huge waves. Have you ever wished you had a piece of those companies in the early days, before anyone realized what they were up to? Well, here’s your chance. © 2013 Larada Sciences, Inc.
2.
2 Head Lice? Really? Nearly
2-4 percent of the population get head lice every year1. That means hundreds of millions of people (mostly children) worldwide. The parents of these children are getting fed up with trying to treat the lice themselves. It can take them many costly weeks to completely treat head lice at home. And they worry whether the potentially harmful chemicals they put on their kids’ heads will even work. So they are choosing instead to pay an average of $185 for a quick, professional treatment that is safe, clean and highly effective. Self Treatment Professional Treatment Other Industries This shift from self treatment to professional treatment mirrors what has happened in many other industries. For example, most people don’t cut hair at home anymore, but it wasn’t too long ago that they did. Great Clips has been around just 31 years2. And when was the last time you changed your own oil? There were no Jiffy Lubes 35 years ago3. Vanguard Companies Like Amazon, Apple and Google, Great Clips and Jiffy Lube were also part of the vanguard. Except they chose to franchise their services. By letting entrepreneurs open franchise locations all over North America, they built a large footprint very quickly, while sharing the upside with business owners. Franchises Franchises like Great Clips and Jiffy Lube provide proven business models that are attractive to entrepreneurs. But you have to qualify to be a franchisee. And sometimes the up-front costs can be prohibitive. Of the top 500 franchise opportunities listed in Entrepreneur Magazine for 2013, 80 percent require initial investments of more than $100,0004. Entrepreneur 2013 Franchise 500® Startup… $100k-$13m < $100k © 2013 Larada Sciences, Inc.
3.
3 The Opportunity So what
if we told you that you can open your own business in a vanguard market, offering a premium, proprietary product, and following successful models of early adopters in the market, but without the high costs and restrictions of a franchise? Curious? Keep reading. A Little History For thousands of years people had just two options for removing head lice: shaving their hair off or using a lice comb to manually remove the lice and eggs (called nits, which is where the term nitpicking originated). In the last 50 years, pharmaceutical and home-remedy companies have put a variety of chemicals, pesticides, oils and shampoos on store shelves that parents use to try killing lice. Changing Trends And despite more options for treating lice, they don’t necessarily make life easier on parents dealing with lice because: 1. Busy moms want to use their time more wisely. Self-treating head lice is not easy, and they would rather not spend hours over many weeks applying treatments and combings. 2. Lice are mutating to where they’ve created a genetic resistance to chemicals found in many common topical pesticide solutions5. So lice problems are actually getting worse. 3. Parents are becoming reluctant to place chemicals on the heads of their young kids. A Better Mousetrap Luckily for parents, biologists at the University of Utah have recently invented a new medical device that makes treating head lice quick and safe. This FDA-cleared device, called the LouseBuster™, now makes it possible for professionals to deliver a highly effective lice treatment. The LouseBuster generates an optimal mix of heat and airflow that dehydrates and kills head lice, including 99.2% of the lice eggs, which are the most difficult hurdle in eradicating lice6. © 2013 Larada Sciences, Inc.
4.
4
The LouseBuster A Proven Model In just the last few years, entrepreneurs have been opening lice-treatment businesses and have treated nearly 50,000 cases of head lice using the LouseBuster device. Thousands of successful treatments are now being done every month. These early adopters jumped in after recognizing that treating head lice as a professional service is a new, emerging industry. They have already proven that this business model works! The Time is Right The beauty of this for entrepreneurs is that there are thousands of locations in the United States and around the world where the LouseBuster treatment is not yet available. Parents in these areas are seeking LouseBuster treatments, but they can’t buy the devices themselves. So without a LouseBuster service provider in their area, they’re stuck using traditional treatment methods. This means there is a tremendous opportunity for entrepreneurs to open lice-treatment businesses and capture dominant market share today. It’s kind of like opening a Jiffy Lube location 30 years ago, only without the franchise restrictions. Our Company Larada Sciences manufactures the LouseBuster device and rents it to entrepreneurs like you. So your success is our success. Although we are a medical-device company, we are also world experts in lice eradication. Our website is an authoritative site that provides lice information, treatment facts and locations of treatment centers to thousands of individuals each month. And because our site links to all our service providers’ sites, we are able to help drive customers to their businesses. You’re in Control Because we are not a franchise, you are free to run your business as you see fit. Although we don’t tell you how to run your business, you aren’t on your own. As a LouseBuster service provider, you can tap into the world’s largest lice-treatment network for best practices proven by other service providers in starting, running and growing your business, whether you do it as a mobile business or a storefront. It’s your business, so you set your own hours, policies and prices. © 2013 Larada Sciences, Inc.
5.
5 Low Startup Costs Because
we don’t sell the LouseBuster device, and we don’t charge franchise fees, your startup costs are really low. You pay us a low monthly fee to rent the device, and a small fee for every treatment you perform. With high profit margins built into your model, your business is scalable. The more treatments you do, the more money you make. This is why Forbes magazine said opening a business as a LouseBuster service provider is a good alternative to buying a franchise7. Helping Kids and Parents At the end of the day, do you feel good about the work you’re doing? Would you like to have the satisfaction of knowing you truly made a difference and helped people out? That you provided a real solution to a difficult problem? By treating them, you will bring peace of mind to them and their parents. Baby Steps If you dream of kissing your boss goodbye, you may want to keep your day job until the time is right to leave. Because the startup costs are so low, you can open your lice-treatment business and run it part time, while still keeping another job. Once you’ve grown your business large enough to sustain your lifestyle, you can then transition to being a full-time business owner. That reduces your risk significantly. A Real Business There are plenty of opportunities out there. Some are legitimate, but others are downright scams. If you want to get rich quick from the latest affiliate marketing craze or the newest multi-level marketing scheme, this isn’t for you. But if you are interested in opening a real business in a recession-proof market, where you can better the lives of those you treat, we’d love to talk with you. Our friendly, knowledgeable staff is here to help. Call us today at 877-781-0999 (toll free in the United States), or email us at info@laradasciences.com. © 2013 Larada Sciences, Inc.
6.
6 Sources:
(1) http://www.cdc.gov/parasites/lice/head/epi.html (2) https://en.wikipedia.org/wiki/Great_Clips (3) https://en.wikipedia.org/wiki/Jiffy_Lube (4) http://www.entrepreneur.com/franchise500/index.html (5) Dr. Dale Clayton, evolutionary biologist (6) http://www.sciencedaily.com/releases/2010/12/101206093711.htm (7) http://www.forbes.com/sites/alanhall/2013/02/23/you-dont-need-your-own-idea-to-be-a- successful-entrepreneur/ © 2013 Larada Sciences, Inc.
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