Buying a $200m Franchisor (Not Units, the Whole System)
Acquiring Minds
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Revamping Retail: The Thrift Store Model
This chapter explores the operational dynamics and strategic positioning of thrift stores within the franchise model, emphasizing accessibility, community engagement, and the dual roles of vendors and shoppers. It highlights the importance of efficient backend operations, vendor payouts, and customer satisfaction in fostering a successful thrift business. Additionally, the chapter discusses the evolving consumer perception of secondhand shopping, driven by sustainability concerns and the intricate balancing act between profit and fair compensation.
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