Opening a franchise means taking a huge step forward in your career, and you want to make sure it’s the right fit. There are a lot of opportunities out there, in a variety of industries, and it’s important to do your due diligence to ensure that you have all the information necessary to make a decision. The best franchises give you a unique, competitive advantage over the competition, allow you to work with a proven business model with a loyal customer base, and exist within a thriving, growing industry. An Apricot Lane store is one of the premier franchise opportunities available today.
The Fast Fashion Advantage
One of the benefits of investing in a fast fashion boutique is the flexibility. If you’ve ever worked in a corporate retail environment or in luxury fashion, you know what it feels like to operate under constant overhead, with limited room to run your businesses the way you want. With a boutique clothing franchise, you have the opportunity to not only work within an exciting, ever-changing industry, but also retain a sense of agency and control. When you open an Apricot Lane clothing store, you can feel confident knowing that you inject your own personal style and eye for fashion into the franchise.
A Seasoned Brand
Before signing on with any franchise, you should make sure you fully understand the business model, and that the company’s franchise system is conducive to success. Our 23 years of success speaks for itself. Every year from 2009 to 2017, Apricot Lane has been ranked on Entrepreneur Magazine’s list of top 500 franchises, and we aim to continue this trend well into the future. Since our inception, we have been perfecting our franchise model so that new franchisees can expect a smooth training and transitional process upon opening their own Apricot Lane store.
Industry Growth and Security in an Apricot Lane Store
Timing is important with any new business endeavor, and the timing couldn’t be better to enter the fast fashion retail space. Apricot Lane fills a key gap in the market, featuring the trendiest clothes and latest styles as soon as they appear on the runway. The clothing industry is strong, and poised for massive growth. By 2020 it’s expected to grow by as much as 17.2%. The fast fashion industry specifically has grown by 21% over the past three years, and is projected to grow an additional 5.91% per year for the next three. If entering an industry at its peak is a good indicator of success, the recent explosion of fast fashion makes this the ideal time to pursue a clothing franchise business opportunity.
If you think you’re a good fit for the fast fashion industry, and are ready to pursue a franchise opportunity with your own Apricot Lane store, reach out to us here today.