Opening a Franchise: What to Expect as an Owner of The Tailored Closet

For many entrepreneurs, the promise of improved work-life balance is among the main draws of opening a franchise. Franchising with The Tailored Closet means partnering with a brand that’s serious about helping you experience flexibility and freedom.
Read on to explore what you can expect when you join The Tailored Closet’s franchise system.
What Is Owning a Home Services Franchise Like?
When you’re just opening a franchise, your experience will be fairly similar to that of most other franchisees in your system. The first year or two of your business is likely to be fairly intense, but your franchisor will have your back throughout the opening process. If you’re franchising with The Tailored Closet, you’ll be coached through the growing pains of starting a business, hiring a team, and getting the word out to your community. At the very beginning, you may also be finishing up your eight-week post-training program. The hours will likely be quite long, but the payoff is worth it!
Once your business is up and running, your day-to-day experience will rely on your skills, goals, and priorities. Many franchises in The Tailored Closet’s system are owned by business partnerships or married couples, for instance, and they divide the franchise owner responsibilities according to each party’s strength. You may focus on growth and strategy, you could be managing the business, or you could even be offering customer-facing services. In time, you’ll also have the flexibility to delegate tasks to trusted members of your team and make more space in the schedule for your personal life.
Hear it from Washington, DC-based franchise owners Todd and Juliana Carter on our testimonials page.
Understanding Your Franchise Owner Responsibilities
No two days in the life of a franchise owner are the same. That’s part of what makes it such fulfilling work! Of course, like any other job, there are tasks you’ll have to take care of on a daily, weekly, or otherwise regular basis. At The Tailored Closet, our franchisees focus on management. Prior industry experience isn’t necessary; we’re more interested in sales-minded entrepreneurs who have some business or project management experience, as well as comfort overseeing a team.
Although you’re welcome to stay involved in sales or design if you’d like, it’s not required. You’ll open your business with a team of sales consultants, designers, and installers. Whether you choose to run your franchise as a smaller business that operates from home or a full-scale retail operation, you’ll be managing the business, leading your team, and making sure they have everything they need to provide outstanding services.
Will Opening a Franchise Really Give Me More Freedom?
Good question! The answer is yes, over time. Franchisees with The Tailored Closet aren’t beholden to the demands of a set schedule or an office. You’ll be able to give yourself more flexibility from the beginning, whether that’s arranging your daily schedule around the times of day when you’re most productive or carving out time for hobbies and family. The flow of your day-to-day operations will be up to you. Once your business is up and running and your team is in place, you may be able to delegate some operational tasks and shift your focus to higher-level strategy, similar to an semi-absentee owner model.
That said, it’s important to keep in mind that full-time franchisees will spend more time on the business for the first year or so. Putting your business in the right position to succeed will require longer hours and less time off to start. The Tailored Closet gives you a great foundation, but it takes dedication and hard work to achieve your goals, both professional and personal. Taking advantage of the resources your franchisor provides – like coaching, networking, and ongoing training opportunities – can help you realize your ideal work-life balance faster.
Full-Time vs. Semi-Absentee Franchise
Some franchises offer what is called a semi-absentee business model. It requires the same franchise investment as full-time ownership, but it operates somewhat differently. Choosing this option means that you will oversee the business and hire a general manager to handle the day-to-day franchise owner responsibilities. If you’d like to keep your current job or pursue other business interests, this might be a better option for you. While you’ll need to take a more active role during the launch process, you’ll eventually be able to taper your involvement back to 10-20 hours a week. Many franchises in the home services industry, including some in the Home Franchise Concepts family of brands, can work with a semi-absentee model. If this is something you’re interested in, be sure to mention it during the franchise process.
Bring Your Dreams to Life with The Tailored Closet
As part of The Tailored Closet’s franchise system, you can create the balanced, fulfilling life you’ve always dreamed of. With hard work, determination, and support from The Tailored Closet’s expert team, our franchisees make their personal and professional goals a reality. Ready to get started? Inquire now, and one of our franchise advisors will be in touch with more information.