Layoff Leads to Business Ownership for Luke and Kathy Chang

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Couple Combines Business Backgrounds to Open 18|8 Fine Men's Salon

Photo of storefront

The new location in Anaheim

[We] provide a unique experience for men, who can take care of their grooming needs in a relaxing atmosphere.

When Luke Chang was laid off from his corporate job last year, it gave him the freedom to start exploring business ownership ideas with his wife, Kathy, a stay-at-home mom of 14 years.

“[Kathy] was already looking for something to do as the kids are getting older,” Chang said. “She always wanted to have her own business, and [franchising] was one of the options we considered, especially for a business [in which] we were not an expert.”

Working with a franchise consultant, the couple chose to open an 18|8 Fine Men’s Salon franchise. 18|8 provides high-end men’s salon services, including haircuts, styling, coloring, shaving, waxing, and scalp/face and hand treatments. “[We] provide a unique experience for men, who can take care of their grooming needs in a relaxing atmosphere,” Chang said. “The salon also carries high-quality grooming products.”

The couple’s franchise consultant suggested the couple use the services of Guidant Financial to fund their new venture. Using Guidant’s signature Rollover for Business Start-ups process, the Changs were able to use money from Luke’s retirement account to invest in their new franchise. “Guidant provided me step-by-step information,” Chang stated. “It was very easy to understand and follow.”

Using Kathy’s prior experience in customer service and accounting, and Luke’s 20+ years of experience in hi-tech communication semi-conduction, the Changs are now proud business owners, describing the experience as “fulfilling and rewarding.”

The 18|8 Salon in Anaheim Hills, located at 5773 E. Santa Ana Canyon Rd., Suite B, will host its grand opening tomorrow, Sept. 18. To learn more about the luxury services offered or to schedule an appointment, visit eighteeneight.com/locations/anaheim-hills or call 714-591-8188.

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About 18|8 Fine Men’s Salons
Claiming its name from the original formula for stainless steel (18% chromium + 8% nickel added to steel), 18|8 Fine Men's Salons offers its clients that same transformative effect – improving both look and performance. Since launching in 2002, 18|8 has established itself as the only men's salon catering to a discerning clientele with an upscale suite of hair care and grooming services. Learn more at eighteeneight.com.

About Guidant Financial
Guidant Financial helps people create the life they want through innovative small business financing. They are the premier provider of rollovers for business start-ups (ROBS). Guidant's services allow people from all walks of life the freedom to purchase small businesses and franchises using their retirement funds without taking a taxable distribution or getting a loan, in addition to offering traditional funding options such as SBA loans, portfolio loans and unsecured credit. Visit Guidant on the Web at guidantfinancial.com.

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Brooks Wallace
Hollywood Public Relations
781-378-1731 Ext: 6
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