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boutique franchise ownership

Enjoy the Independence of Working for Yourself but Not by Yourself with an Apricot Lane Boutique Franchise

What does it mean to work for yourself? Independence? Check. Flexibility? Check. Pride? Check. Self-empowerment? Check! Working for yourself requires hard work and dedication, but it can be some of the most rewarding work there is.

Working for yourself doesn’t have to mean working by yourself. When you think of being your own boss, you probably think about people who start their own companies based on unique ideas and an understanding of business management. The fact is that most people don’t have an amazing business idea or the knowledge of how to get it started and turn it into a success, which discourages them from following the dream to be their own boss.

What you may not realize is that investing in a franchise allows you to be your own boss without missing out on the support of an experienced network. Owning a franchise gives you many of the same perks as entrepreneurship, with the added benefits of a proven business model!

These are just some of the ways that owning a franchise allows you to work for yourself but not by yourself.

Boutique Franchise Mentorship

By all accounts, the small business community is an inclusive one. Building relationships with other small entrepreneurs in your community is a smart way to improve your skills and learn about business ownership. You should always be networking within your community to find mentors, partners, customers, and employees.

When you work with a franchise brand, you have a built-in network before you even start. Many companies have franchise owners across the nation, or even across the world, with whom you can form relationships. The great thing about your fellow franchisees is that each of them has been in your exact position before, so they can give advice and ideas to help you as you get started. Then, as you become more advanced as a franchisee, you can act as a mentor to the new members of the company when they join.

The mentorship culture in franchising is key part of most companies. Franchise companies expect you to get to know some of the other owners so that you can bounce around ideas and get to know the company that much faster.

Financial Independence

Earning more money is probably one of the biggest reasons that you started considering owning your own business. As a business owner, your income is virtually limitless—if you work harder and smarter, you earn more money, which is not true of a corporate job with a salary.

Generally, this financial independence comes at the cost of an initial investment and months (or even years) of hard work. But when you know that your hard work is directly benefiting your pocketbook, it is incredibly rewarding.

So, how does franchising help you with financial independence when you have to pay royalties? First, the royalties that you pay go in part toward benefitting your business through company-wide marketing efforts, product updates, branding, and more. Second, many franchise companies help you finance your initial investment either through in-house financing or through preferred third-party lenders.

Empowerment

As a business owner, you are empowered to make the decisions that matter to your business and to you. You can hire the employees who fit your vision, sell the products and services that you care about, donate to charities that are important to you, and generally build something that you can be proud of. Working in a corporate setting does not empower you in all the ways that owning a business does.

When you work in a proven franchise concept, you are empowered to do all of those things, but with an added layer of support from a corporate network that is as invested in you as you are in it. Choose a franchisor that works with its franchise owners to help them build businesses that matter to them. Choose a franchisor that supports its franchisees and shows them how to get started and continue growing. Choose a franchisor that empowers you to be the business owner you want to be.

There can be no doubt that owning a franchise is different than starting a business from scratch, and in our (completely unbiased and objective) opinion, franchising is the better way to work for yourself.

Investing in an Apricot Lane Boutique franchise gives you the tools and support that you need to start a clothing boutique business in your community. Learn more about our franchise opportunity to see if this is the right franchise for you!

  • March 10, 2017
  • Blog
businesswoman in franchising career

Convert Your Sales and Management Experience into a Franchising Career

After years or even decades of working in a corporate environment, the decision to branch out and work for yourself can be daunting. If you have never owned a business before, how do you know if your skills make you a good candidate for owning a franchise and building a strong business?

Rest assured that most franchise opportunities do not require you to have previous business owning experience. In fact, many franchise brands place higher value on skills like sales and management than they do on business ownership, so you can easily turn a sales or management background into a thriving franchise.

Franchise Opportunities Abound in Sales

If you have sales experience, you are a hot commodity. Sales experience and skill is one of the most sought-after traits for franchisees in a variety of industries. For example, starting a clothing franchise will benefit from sales experience, as you will already have the know-how to sell clothing to your customers.

Clothing franchises are one of many industries in which your sales experience will be a benefit. Sales experience is invaluable, and this skill translates into so many aspects of owning your own business.

Here are just some of the reasons why franchisors look for people with sales experience to invest in their franchises:

  1. Sales is a difficult skill to teach to someone, especially in the relatively short time frame that it takes to open a franchise. Computer systems, bookkeeping software, and other operational skills that make up the nuts and bolts of a franchise are easy to teach, in comparison.
  2. Sales is involved in many aspects of most franchise opportunities. For example, owning a clothing franchise will require you to sell clothes to your customers, but you also need to be able to market your company to prospective employees, network with other businesses, and bring in a customer base. All of these skills relate back to sales in some way or another, so your experience helps you.
  3. Sales is not everyone’s biggest strength, but those who are good at selling also tend to have some other things in common, namely: a positive attitude, high energy, and enthusiasm for what they do. These are all great attributes for new franchisees, who face a lot of work in building their businesses. In addition, people with these traits are generally good at training and motivating their employees (which plays into your management experience).
  4. Sales is a skill that you learn through hard work and practice, setting goals, and staying persistent. Taking the time to learn how to sell effectively usually demonstrates that you are willing to work hard, stick to your goals, and persist when things get tough. We don’t want to sugar coat it, opening a franchise is a lot of hard work, so your willingness to focus on the big picture and put in the time to see results goes a long way.

Good Management Is Invaluable in a Franchising Career

Many of the qualities of a good sales person also apply to good managers. A willingness to work hard, a positive attitude, and an ability to see things through go a long way in both sales and management, and these traits convert well to franchise ownership.

As a business owner, you will be wearing many hats all at once. Some of your roles will probably include:

  • Trainer
  • Bookkeeper
  • Manager
  • Salesperson
  • Marketer
  • Merchandiser
  • Customer relationship builder
  • Human resources manager

Why Do Franchisors Want Management Experience?

  1. The most obvious reason why franchisors look for candidates with management experience is that they are going to be managing a team of employees. Having experience managing a team makes the transition into franchise ownership easier, because you won’t have to take the time to develop a management style in addition to everything else you are learning about owning your business.
  2. Good management skills also extend to managing your time and your resources, not just employees. Your experience is usually an indicator that you are organized and thorough, which help you as you balance the many roles of a business owner.

Investing in a Clothing Franchise Fits Sales and Marketing to a Tee (pun intended!)

It is a no-brainer that a clothing franchise is a good fit for someone with sales and management experience. Selling clothes, marketing to new customers, managing employees, and balancing budgets are all key elements of the clothing franchise industry.

Your experience in sales and marketing makes you an asset to virtually any franchise concept. A positive attitude, readiness to work hard and accomplish goals, and an organized mind work together to make the ideal candidate for an Apricot Lane franchise. We are looking for people like you to help us expand our brand in a variety of markets. Check out our franchise opportunity and get started right away!

  • March 3, 2017
  • Blog
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