The daily life of a retailer is busy, challenging and rewarding in equal measure. Whether you’re interested in making a career change and starting your own retail business, or are just interested in what the daily life of a retailer looks like, here’s a glimpse into the average day of a retail franchise.
From shoes to food to video games, if you’re buying it from a business, you’re buying it from a retail business. And, although lots of bricks-and-mortar stores have had it hard lately, this is still a busy and competitive sector. Whether you’re looking to start your own retail franchise or are looking to make a career change, this is what your typical day will look like.
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A day in the life of a retail franchisee
Retail is not an industry for the work-shy. As a franchisee for a big retail franchise, you can expect to work hard, be challenged every day, and find your skills pushed to the max - but all while enjoying many of the exciting rewards this sector brings.
You can expect to:
- Work closely with customers
- Help market your franchise
- Check in new stock as it arrives
- Recruit team members
- Operate POS software and carry out simple problem-solving for any IT issues
- Merchandise stock
- Give health and safety guidance
- Help other franchisees develop skills and experience
It’s a competitive industry but, for the right franchisee, there is a wealth of experience, profit and reward to be had. If you’re ready to start your own business, here’s a closer look at the advantages of running your own retail franchise.
Advantages of running a retail franchise
For all its challenges, this is a really enjoyable sector to work in. Every day is different, and there’s no better feeling than ending your day knowing you’ve worked hard and still come out the other end. When you’re a retail franchisee, you’ll be able to enjoy:
- Being part of a network: You’ll never be alone with a vast network to help you, and ask for help in return.
- Branding and reputation: With a nationally-recognised brand and reputation behind you, you won’t need to invest heavily in getting your business off the ground.
- Training: You will be able to benefit from extensive training and support.
- Be your own boss: You will be able to work to schedules that suit you best
- Satisfaction: From giving great service, to meeting challenges, to getting through a big workload, you’ll have a lot of satisfaction.
Challenges of running a retail franchise
No business ever comes without challenges, so you need to be prepared to confront these head on. They may include:
- Long hours: Particularly in the earliest days of your franchise business, you’ll need to be ready to work long hours. You’ll have the support of your franchisor and can count on a network of like-minded franchisees to help you, but that doesn’t mean that you won’t have plenty of work to get on with.
- Customer-facing: It’s no secret that working with customers face-to-face can be a challenge. Everyone has to deal with difficult customers at some stage and, while it can be demoralising, it’s important to remember that the overwhelming majority of your customers will be more than happy with your good service.
Franchise opportunities in the retail sector
There are lots of exciting opportunities in the retail sector, so if you’re ambitious and looking to choose the right franchise for you, you could be a great fit for some of the franchises below.
1. Endura Roses
Endura Roses has been specialising in uniquely designed flowers, roses, bouquets and centrepieces since 2016. This franchise has a sound, proven business model and operational method in place, paving the way for you to earn a solid profit while enjoying the very best of this rewarding sector.
- Becoming an Endura Roses franchisee: You don’t need previous experience as long as you’re ambitious, dynamic and have the drive to push your own business forward.
- How much you need to invest: You’ll need to make a minimum investment of £50,000, with your total investment coming to £120,000. You will also be eligible to pay franchising fees of £15,000.
- What you get for your investment: You’ll have access to a comprehensive training package, covering both in-store and start-up training, marketing support, location advice and site searching.
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2. Signorini Tartufi
Signorini Tartufi is an innovative shop offering unique truffle products at an affordable price. This business has been seeing great success in the last two years, opening more than 30 stores nationwide.
- Becoming a Signorini Tartufi franchisee: The ideal Signorini Tartufi franchisee would have some experience in a management position, have a good understanding of managing finances, have good business acumen, and have great people skills.
- How much you need to invest: On top of franchising fees of £15,000, you’ll need to make a total investment of £90,000 after a minimum investment of £30,000.
- What you get for your investment: Each franchisee will be given specialist training that covers everything from product training, to sales training and the Signorini Tartufi brand.
Start your own retail franchise today
If you’re ready to start your own retail business and want to combine job satisfaction and profitability, the retail sector is the one for you. Whether you’re looking for tips on how to run a successful franchise business, or are looking to market your retail business, there are a wide range of resources available to you on Point Franchise. But, if you’d rather explore franchise opportunities in other sectors, you can consult the UK franchise directory for a full list of franchising opportunities.
Elliott Fudge, Point Franchise ©