#314: How to Achieve Freedom in Your Business

Boutique Chat

Ashley Alderson

Business, Marketing, Retail, Boutiquetips, Fashionindustry, Fashionbusiness, Entrepreneurship, Businessstrategy

5 • 853 Ratings

🗓️ 18 May 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today Faith discusses the systems and processes she implemented in her 3 storefronts so can she can have the freedom to live in Costa Rica part-time. You'll learn that not only are SOPs important, but also the culture you create in your team. Tune in to hear Faith explain how you can achieve more freedom in your business!

Today's episode was brought to you by Management One. Follow this link to learn more: https://www.management-one.com/boutique-hub

Episode Rundown:

00:06:40 Buying for a Non-Apparel Boutique
00:09:10 Profit First
00:13:26 Opening Multiple Locations
00:16:56 Systems, Processes, & Team Culture
00:22:40 Employee Rewards & Pay

Transcript

Click on a timestamp to play from that location

0:00.0	Hey guys, welcome back to the podcast this week. I'm so excited to be joined by Faith Parker,
0:06.1	the owner of the Boho Bungalow. And today we're talking about all things non-apparel in your
0:11.9	brick and mortar boutique and also how to have a business that can operate without you. This week,
0:17.5	as we talk to Faith, we talk about her journey starting out selling vintage goods
0:21.2	and moving into home decor and non-apparel items in her store, but also how she manages to do
0:26.6	that while she's traveling and spending most of her time in Costa Rica.
0:31.2	We talk about SOPs and hiring great team and how to build systems that allow you to scale
0:37.2	your business. I know those of you that
0:39.5	feel like you're busting your butts busy are going to appreciate this. And those of you that
0:43.8	maybe don't sell apparel in your store as well. So grab a notebook. I hope you enjoy this episode.
0:48.5	Get ready to meet my friend, my friend, Faith Parker.
1:07.0	Let's talk about your business, strategy, and the juicy details of what actually works, from mainstream fashion to fashion on Main Street and the entire ecosystem behind it. How do we scale your company and do it with the balance and the happiness that we all
1:11.2	seek? Let's hear from those insiders, experts, and strategists that actually make it happen.
1:16.1	I'm your host, Ashley Alderson from the boutique hub, and I can't wait to chat.
1:25.9	Hey guys, welcome back to this week's podcast. This week we are again both on podcasts and we have a video
1:32.4	version of this podcast on YouTube so you can catch this episode however fits you best. But I'm so
1:39.1	excited my guest this week. I think we're going to nerd out on a lot of like very unsexy things in business
1:45.4	faith. I'm pretty sure we're going to go down this rabbit hole of all the nitty-gritty
1:49.7	details that not everybody loves to talk about but are essential to running a great business.
1:54.0	So please meet Faith Parker. She is the retail therapist and founder and CEO at the Boho
2:00.2	bungalow in Sonoma County, California,
2:02.4	with a couple locations and tons of great experience under your belt.
	...

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