What Are the Best Types of Absentee Businesses?

If you’re an entrepreneur looking to reap the benefits of a proven business model without making a hands-on commitment, it may be time to consider purchasing an absentee or semi-absentee franchise.

Having multiple streams of revenue can be the key to building your wealth—and although many traditional franchise models require an owner to be on-premises to grow the business, an absentee or semi-absentee model offers greater flexibility. Many even provide you the option to keep your current full-time role or manage multiple franchises simultaneously.

What is an absentee franchise model?

An absentee or semi-absentee franchise is designed to be employee-run. Out of the various franchise models available, it offers the most hands-off approach for owners. It enables you to manage the franchise as an investment opportunity without much day-to-day involvement, meaning you can track your progress from afar.

As a semi-absentee owner, you will need to check in regularly, but you’ll still have plenty of time to pursue other opportunities. In some cases, you may act more as a silent partner rather than a full-time owner.

Obviously, this type of approach won’t work for all franchises, so it’s important to realize that there are only limited franchise types available that are appropriate for this type of ownership. For example, dry cleaners, fitness centers, home services, car washes, or textile recycling franchises are great options for absentee franchises.

Some franchises rely on experienced staff to run the daily operations with minimal oversight, while others, like textile recycling, don’t require staff to be onsite at all.

Benefits of owning an absentee franchise

The main benefit of owning an absentee franchise is that you don’t need to be onsite to run your franchise. It gives you the opportunity to generate wealth outside of your franchise while still growing your business. It also allows you to reinvest your profits into another franchise, continually accumulating your assets and getting you closer to financial freedom.

Best absentee franchises

If you’re considering investing in an absentee business, it’s important that you choose the right one. Here are four simple questions you should ask to help you identify which franchise is a good opportunity for you.

#1 – Does the business have a simple operation plan?

The simpler the business is to operate, the better. Simple business plans are usually a good indicator that the franchise can be run using an absentee or semi-absentee ownership model. For example, if the franchise you’re considering has no physical location to manage, no inventory or customer interactions, and has limited legal or compliance regulations, it’s usually a good sign that it’s fairly straightforward to manage.

#2 – Does the franchise require the owner to have specialized skills?

Any franchise that depends on having specialized knowledge, skills, or relationships isn’t usually a good option for an absentee ownership model. The value in these business models lies with the individual, and it’s difficult to step away as the owner if you need to be involved in helping the business succeed.

#3 – Is the franchise well established?

The most successful absentee-run franchises have excellent franchisee support, are well established, proven, and have easy-to-run daily operations. Look for businesses that have a long and good-standing history. Ideally, finding one that has lasted through different economic conditions is a great choice, as you will have more confidence in how your business will perform if the economy has a downturn.

#4 – Are there detailed procedures in place for new franchise owners?

A detailed operations manual is like a roadmap for running your franchise business. Without this, you will face many uncertainties that will arise and require your time to solve. Having access to a detailed operations manual will make it easier for you to manage your franchise.

Considerations when choosing a franchise model

Knowing which franchise is right for you means doing your research. Spend time investigating each potential franchise’s financial strengths and weaknesses and identifying the market, demand and location you’re exploring.

Also, consider attending franchise shows, speak to franchise brokers and chat to existing franchise owners to find out as much as possible before you make a decision. When you’re ready, be sure to chat with a lawyer or accountant with experience in franchise negotiations.

Become a clothes recycling franchisee

If you’re interested in a semi-absentee franchise that requires little hands-on management, a Clothes Bin clothing recycling franchise opportunity could be a great choice for you.

At Clothes Bin, it’s as simple as finding a suitable location to place your Bin and you can start generating a profit. In addition, you’re helping to reduce landfills by promoting and educating others in your community about the benefits of recycling clothing, shoes and other textiles.

If you’re interested in exploring franchise ownership further, request more information today. Our team can talk you through all the details and show you why Clothes Bin makes an excellent low-cost business franchise for investors.

Back

Tips to Prepare You for Franchise Ownership

Buying a franchise can be an excellent investment opportunity if you do your research and consider your strengths. Investing in one can mean less risk than starting your own business, giving you the benefit of leveraging a successful business brand with a proven track record.

At Clothes Bin®, we offer an established semi-absentee management system that’s an excellent option whether you’re an existing franchise owner, a first-time investor, or considering purchasing with friends or family. Here are some practical tips to consider.

Do your research

Like any new endeavor, it’s essential to do your research before making an investment decision. Find out as much as you can about the franchise you’re considering, the wider industry, and the basics of being a franchise owner. The Federal Trade Commission (FTC) offers a Guide to Buying a Franchise with plenty of helpful information.

When researching specific franchises, ask to see their financial track record to assess their performance. It’s also a good idea to understand their brand reputation in your area, leadership team, ongoing expenses, level of support provided, the target market, and business model. Also, consider your specific objectives to ensure you’re finding a franchise that can meet your goals.

Align your passions and strengths

While it’s not essential to purchase a franchise that aligns with your interests, working in an industry that you’re passionate about can help drive your success. It’s also important to consider your personality and ways of working.

If you’re unsure where to start, consider asking your friends or family to help evaluate how your strengths match the franchise you’re considering. For example, if you have experience in sales, purchasing a franchise where you get to be hands-on with the sale process could be a good option. On the other hand, a semi-absentee management system could be a better option if you’d prefer a more hands-off approach.

Being a franchise owner means following rules set out by the franchise, with many processes and procedures highly regulated. You’re responsible for implementing existing business plans, not creating them. This is great if you prefer a clear roadmap for how to successfully operate your business, but not so great if you wish to create something uniquely your own. Consider if this style suits your needs when deciding if a franchise is a good option for you.

Get expert legal advice

Getting the right advice from a legal expert specializing in franchising is essential. Your attorney can talk you through agreements, opportunities, negotiations, risks, and any restrictions to consider. They’ll also ensure that any documentation relating to the sale is correct so there are no surprises and can spot any issues before you sign anything.

Assess your finances and work out financing options

While it’s essential to understand franchise fees and any equipment costs, it’s just as important to look beyond this minimum requirement to work out your ongoing costs. Consider marketing costs to promote your business and whether you have the funding to cover them until your business starts to turn a profit. According to the FTC’s guide, this can take up to a year. Make sure you have access to enough capital to cover your business and personal expenses.

When considering your finance options, give yourself plenty of time to secure your funding as the process can take more time than a personal loan, and each lender can have different rules. You’ll also need to consider how much of a deposit you need, with many lenders asking for around 20%.

Talk to other franchisees

If you’ve narrowed down your list of potential franchise options, it’s worth reaching out to some franchise owners to discuss the pros, cons, and some of the hidden costs or challenges they’re experiencing. In addition, they may be able to share insights that you can’t necessarily get from research, such as issues with hiring staff or how their costs match up to their spending in the first year of business.

Investing in a clothing recycling franchise

Clothes Bin® offers a profitable business franchise. Our team can help you identify the best location for your Bin to ensure high visibility so your customers can easily recycle their textiles, including clothing and shoes. You’ll also be investing in a business that actively supports the environment and helps to reduce landfills.

Purchasing a Clothes Bin® franchise provides lots of benefits. We offer plenty of support and training for our new franchise owners to help set you up for success. If you’re interested in discovering more about a clothing recycling franchise opportunity, contact us to request more information.

Back

How Today’s Supply Chain Shortages Make a Clothing Recycling Franchise More Profitable than Ever

Although the world is slowly transitioning into a new normal after the COVID pandemic, there are still plenty of repercussions affecting various industries. In the retail sector, a significant challenge facing retailers is the ongoing impact of the pandemic on national and global supply chains. This shortage continues to impact stock levels, pricing, product availability, and retention of customers.

What’s causing supply chain issues?

Many US-based retailers are still struggling with supply chain disruptions, driving up costs of available stock. Last year, Adobe, Inc. tracked online commerce sites and noted that out of stock messages were up by over 170% compared with the previous year, a considerable spike that’s continued this year.

Most supply chain issues result from pent-up demand after the pandemic, combined with a breakdown in various supply chains both nationally and globally. In addition, limited capacity in certain industries is also affecting supply chains. For example, there’s a current shortage in areas like transport and manufacturing, along with shipping backlogs from overseas, which means shelves are taking longer to restock.

These issues are impacting supply and demand. With the demand for items higher, it’s driving up prices.

What does this mean for secondhand clothing?

The disruption to many retailers’ supply chains means an increased focus on secondhand items. In 2021, secondhand e-commerce site Mercari predicted the secondhand online retail market would top over $65 billion, an all-time high for this booming industry.

With many customers unable to get what they want online from traditional online retailers, they’re turning to smaller and local alternatives, like local thrift shops and secondhand online sellers. Many of these sellers aren’t facing the issues of large retailers because they don’t have to rely on international shipping issues. Instead, they stock locally available clothing, shoe, and textile items.

Increased focus on sustainable clothing

While secondhand retailers are seeing significant growth because of local stock availability, this growth is also due to an increased focus on sustainable fashion. Younger generations are choosing recycled clothing options to reduce their environmental footprint.

Many experts are predicting that the market will only grow faster. For example, Accenture conducted a survey toward the end of last year, where over a third of shoppers said they were planning to buy secondhand apparel during the holiday season. However, when they looked only at survey respondents from people under 40, the number rose closer to 50%.

What this means for investment opportunities

Given the issues with supply chains affecting retailer availability, along with an increased focus on sustainable fashion, now could be the perfect time to invest in a clothing recycling franchise opportunity.

Not only will you be doing your part to support the environment and help reduce landfills, but it’s an excellent investment opportunity and a profitable business franchise. As a Clothes Bin® franchise owner, you’ll be able to upsell recycled shoes and clothing to secondhand shops, thrift stores, and consignment boutiques for a profit, which are all seeing an increase in demand for their products.

Becoming a Clothes Bin® franchise owner offers plenty of benefits. If you’re interested in finding out more about investing in a clothing franchise, get in touch with us to request more information.

Back

Why Veterans Make Great Franchise Owners

Are you a military veteran who is wondering, “What’s next?” The skills learned in the military easily transfer to a variety of civilian pursuits, including entrepreneurialism. In fact, military veterans are particularly effective franchise owners. Whether you’re recently separated from the military or out of the service for years, there are many franchise opportunities for you to consider and many reasons why veterans make great franchisees.

Veterans Have Excellent Leadership Skills

Military veterans are accustomed to operating in difficult conditions and performing well under pressure. They know how to get things done themselves, but they also know when to delegate tasks to others. They also know how to lead from the front and motivate and inspire others. These leadership skills translate well to entrepreneurial pursuits. In fact, after practicing one’s leadership skills under adverse, potentially hostile conditions, becoming an entrepreneur and delegating business-related tasks will seem fairly simple in comparison.

Veterans Know How to Follow Systems and Procedures

One of the main advantages of franchise opportunities for veterans is that they will be buying into a proven business model instead of building a brand-new business from scratch. However, success is never guaranteed. To have one’s franchise business flourish, it’s necessary to meticulously follow established systems and procedures.

This is another area that gives military veterans an advantage. They are accustomed to following plans and implementing time-tested procedures. They understand the wisdom in executing systems that have already been proven fruitful. It’s another perk of pursuing franchise opportunities for veterans.

Veterans Are Methodical Planners Who Know How to Get Results.

Military veterans understand the importance of thorough planning. No matter what type of operation they are working on, they likely consider all possible challenges and outcomes. Yet, they also understand that there comes a time when taking action is a necessity because they know how to get results. This meticulous approach to planning and results-oriented mindset is crucial for the success of a franchise business. It’s yet another reason why military veterans should seriously consider launching a semi-absentee franchise business.

Veterans Have a Commitment to Achieving Their Goals

Not everything goes as planned, whether an individual executes a military operation or runs a franchise business. Nevertheless, military veterans nurture a commitment to reach their objectives, even if that means adjusting their original plans to suit changing circumstances.

Contact Clothes Bin® About Franchise Opportunities

At Clothes Bin®, our team is proud to do our part to support America’s heroes. As a member of the VetFran program, which facilitates a path to franchise ownership for veterans, we actively encourage military veterans to reach out about our VetFran business franchise.

If you’re looking for franchise opportunities for veterans with a proven business model that operates on a flexible, semi-absentee schedule with no inventory, then it’s time to take a closer look at Clothes Bin®. Fill out the simple contact form to request more information about our textile recycling franchise opportunity.

Back

How the VetFran Program Can Help Veterans Become a Franchise Owner

When veterans separate from the military, they often aren’t sure what comes next. However, there are many opportunities to consider, such as exploring franchise opportunities for veterans. Becoming a franchise owner is a logical choice for veterans who possess leadership skills, the drive to reach objectives and the determination to carry out established procedures. No matter how long it’s been since you separated from the military, you can take advantage of the VetFran program for the support you need to launch a franchise business.

What is the VetFran program?

The VetFran program was established during the early 1990s. It was initially named the Veterans Transition Franchise Initiative but is commonly referred to as “VetFran.” Originally, the VetFran program was launched to support military veterans who served during the first Gulf War. Its reach began to wane about a decade later. However, it took on renewed vigor following 9/11 with the involvement of the International Franchise Association (IFA).

Today, tens of thousands of military veterans have successfully launched their own franchise businesses with assistance and support from the VetFran program and its member franchise systems. More than 500 different franchise systems currently participate in VetFran.

How exactly does the VetFran program help veterans become franchisees?

The VetFran program recognizes that military veterans and franchise businesses make ideal partners. This fact bears out in the statistics. Although veterans account for just 7% of the U.S. population, they comprise about 14% of all franchise owners. To encourage more individuals to explore franchise opportunities for veterans, the VetFran program brings together franchisors and franchisees. Each franchisor must commit to offering a discount off the initial franchise fee to all veterans who were honorably discharged.

How large is the discount?

The discount on the initial franchise fee for veterans varies. The VetFran program has established a tiered system. Companies are ranked as one-star, three-star, or five-star members in accordance with the discounts they offer. A one-star franchisor member offers a discount of at least 10% on the initial franchise fee. Three-star franchisors provide a discount of 15%, and five-star franchisors offer a discount of 20%.

The amount of the discount isn’t the only factor that determines a member franchisor’s star ranking. It depends on the number of years they have been in business, the results of an audit and other factors. Regardless of star ranking, military veterans can rest assured that any VetFran franchisor they choose to work with is committed to giving veterans a leg up to thank them for their service.

Become a proud franchise owner with Clothes Bin®

At Clothes Bin®, we proudly support our military veterans for their sacrifices and service. We’re also proud to offer franchise opportunities for veterans as a member of the VetFran program. Our VetFran business franchise operates on a proven, time-tested business model built on years of industry experience.

With our textile recycling franchise opportunity, military veterans can receive all the training and support they need to launch a semi-absentee, zero-inventory business that operates on a flexible schedule and helps protect the earth for future generations. Fill out our contact form today to request more information about becoming a franchise owner.

Back

The Benefits of a Part-Time Franchise

Usually, launching and operating your own business is a significant commitment. Most entrepreneurs work more than 40 hours a week. In addition, even when they aren’t at the office, they’re fretting about inventory, marketing, overhead, employee retention, and many other things. It can be tough to be an entrepreneur—unless you decide to explore part-time franchise opportunities instead. With part-time franchises, you’ll have more flexibility and a better work/life balance, but you’ll still enjoy having another revenue stream.

Benefit from an extra revenue stream without a full-time commitment

Part-time franchises can easily fit into your current lifestyle. If you currently have a full-time or part-time job and would like to keep it, you can run your semi-absentee business in your spare time. The extra revenue stream will allow you to save money for retirement or to fund your children’s (or grandchildren’s) college educations. Moreover, many people find themselves at a loss after retirement without work-related responsibilities. Running a part-time franchise during your retirement would get you out of the house and provide structure to your day without requiring long hours.

Avoid having to deal with high overhead

Many businesses require a significant initial investment and high monthly overhead. You have to pay rent and utilities for your commercial space, inventory, marketing, and other expenses. In contrast, part-time franchise opportunities that don’t require buying or leasing a commercial space allow you to generate income without dealing with these ongoing costs.

Control your own flexible schedule and set your own hours

So many aspects of life are dictated or influenced by work obligations. Imagine being the proud owner of your own business without having to work 60-hours or more a week. When you own a part-time franchise, you’ll be able to work when it suits you. If you’re an early bird, you can get your work done in the morning and then have your day free to spend how you wish. Night owls can sleep in as late as they want. Although part-time franchises are popular among retired individuals looking to stay busy, they’re also the perfect fit for busy parents who need to fit their work obligations around their kids’ schedules.

Enjoy having time for your passion projects

Have you ever wanted to write a novel? Or go back to school for a master’s degree? Perhaps you’d love to spend your days baking artisan bread or learning how to brew your own beer. With a part-time franchise with a flexible schedule, you’ll be able to earn an income yet still have plenty of time for your passion projects.

Contact Clothes Bin® about part-time franchises

Running a part-time business is far more manageable when you opt for an established franchise with a proven track record. When you partner with Clothes Bin®, you can set up a clothes recycling franchise that can operate on a flexible schedule. Contact us today to learn more about this part-time franchise opportunity. Each of our franchisees receives extensive training and support as they prepare, launch, and operate their business. We look forward to working with you.

Back

Reasons Why You Should Own a Recycling Business Franchise Instead of Starting a Business From Scratch

If your dream is to become a business owner, but you’re not sure how and where to start, then owning a franchise may be the perfect answer for you. Purchasing a business franchise helps you skip past many of the tasks and risks associated with launching a new business. Instead of figuring it all out on your own, you’re supported with the knowledge, processes, and products you need to hit the ground running.

If you’re ready to start your entrepreneurial career and want to learn more about the benefits of franchising and how to get started, dive into this blog.

Why buy a franchise?

There are a number of reasons why owning a franchise can be a better option than starting your own business from scratch—here are just a few that explain why it makes a smart investment choice:

  • Brand recognition: Buying a franchise with an established brand means people instantly recognize your company, giving you more time to focus on building your business. At Clothes Bin®, we have locations across the country and have spent a lot of time building our brand so people understand what we do and how we do it.
  • Cost savings: There are many cost savings associated with franchises. When you invest in a franchise, you typically receive training and support, assistance with marketing, access to proven models, and existing relationships with suppliers, all of which can end up saving you money in the long run.
  • No experience necessary: If you’ve never owned or managed a business before, owning a franchise is a great choice that offers plenty of support on your new journey.
  • Less risk: Since franchises are built on business models that have been proven to work, they can carry less risk than starting up your own business. There is still an assumed risk in any business, but it’s much lower.
  • Resale value: If down the line you’re looking to sell your franchise, it can be much easier to sell an established franchise than an independent business. This is because franchises typically come with established processes and systems, which make them more appealing to many investors.
  • Instant support: Most franchises provide initial or ongoing support to their franchise owners. At Clothes Bin®, you’ll get instant support from us so you can have more confidence about the steps you’re taking to establish your business.

Franchise business opportunity versus start-up

Setting up a new business can take a lot of work. This is particularly true if you’re starting from scratch with little support. This could include researching your target audience, sourcing supplies, finding a location, creating your brand, and selecting vendors—and all while trying to establish your business and trying to make a profit. In comparison, a franchise can be a much easier option for you, particularly if you’re new to owning a business. Franchises provide you with the foundation of your business and your brand and supply you with a roadmap of how to make it all work.

At Clothes Bin®, we offer all our franchise owners the tools they need to get started, including training programs to establish their franchise. This means you can spend less time on setting up your business and more time on getting it to work for you.

Benefits of owning a recycling business franchise opportunity

Our Clothes Bin® recycling business franchise opportunity operates on a semi-absentee system that’s simple to manage. This is a great investment opportunity for anyone looking for a side hustle or if you’re investing with friends or family. A semi-absentee franchise doesn’t mean a full-time commitment, so you can continue to focus on other investments or work commitments.

We also take pride in providing a valuable service to local communities. Clothes Bin® Franchises offer a convenient way for customers to drop off clothing, shoes and textiles and help reduce landfill waste. If you’re looking to not only maximize your investment and want to make a positive impact on the environment, a Clothes Bin® franchise business could be the perfect fit for you.

Interested in running your very own recycling business franchise? Contact us today to see how you can get started with your very own Clothes Bin® recycling business franchise.

Back

Clothes Recycling Franchise for Colleges

While there are many factors to consider when purchasing a franchise, location is a big one. Location can determine how much foot traffic you will see, who you are marketing to, and if your franchise will be positioned for maximum success. When investing in a recycling franchise, positioning your Bins on or near a college campus can be a brilliant choice.

Benefits of opening a franchise on or near a college campus

Establishing a recycling franchise on or near a college campus provides you with instant exposure to the thousands of students who walk to and from class each day. High levels of foot traffic combined with a highly visible location and ease of access mean a college campus can make an excellent choice for a franchise.

College campuses also tend to provide a diverse community of people from different backgrounds and experiences. It also generates regular turnover, so you will always have a new group of people who are on the lookout for recycling options.

Why a recycling franchise is perfect for a college campus

Another benefit of adding a Clothes Bin® to or near a college campus is that most college-aged students prioritize recycling and sustainability habits more than previous generations. This age group tends to be more proactive in helping the environment and is seeking easy and convenient ways to participate in recycling. In a survey studying recycling habits by age group, 92% of individuals between the ages of 18 and 30 recycle, while only 68% of people over the age of 65 choose to recycle.

College-aged students, in particular, are leading the pact. When surveyed, 67% of Gen Z respondents believed climate change should be our top priority to ensure a sustainable planet for future generations, and 32% said they had taken direct actions over the last year to help address climate change.

Benefits of textile recycling franchises

A big climate issue, and one that is easy for consumers to make a direct impact on, is textile waste. According to the EPA, textile waste accounts for nearly 5% of all landfills across the United States—and with only 15% of textile waste being recycled, there is a huge opportunity to lower that number. However, one of the biggest challenges to improving this number is a lack of easy and accessible textile recycling solutions. Clothes Bin® Franchise offers an easy and convenient way for people to recycle clothes, shoes and textiles – and an even easier way for Franchise Owners to manage the process.

Why Clothes Bin® makes a great franchise option

As a Clothes Bin® franchise owner, you’re working to positively impact climate change, inspire change in the community, and educate college students about recycling. Like you, we believe recycling should be easy, which is why we’ve built an easy-to-manage system that offers collection, management and distribution of unwanted clothing, shoes and other textiles.

We also empower our Franchise owners by providing them with the tools they need to manage their recycling business and educate the public through youth programs and school partnerships.

Get in touch with us today to learn more about starting your own recycling business franchise with Clothes Bin®.

Back

What Makes a Franchise Business Successful?

Launching and operating any business can be hard work, and making it successful is even more challenging. This is why so many entrepreneurs decide to become franchise business owners. When you choose to purchase a franchise instead of starting from scratch, you’ll be working from a proven business model. It means you’ll have plenty of support and resources behind you—depending, of course, on the franchise you select. If you’re considering, for instance, starting a franchise textile recycling business, you’ll want to make sure the franchise you choose offers the following.

Comprehensive training programs and support resources

Every aspiring franchise business owner needs to receive comprehensive training before launching their business. Franchisees often complain that they receive little more than basic training. So, before you commit to a particular franchise, you need to ensure that the company offers truly comprehensive training and is committed to your success. You should also be offered ongoing support.

The importance of both is one reason why so many entrepreneurs choose to work with Clothes Bin®. It offers a progressive training program that begins with online, at-home training modules, followed by a two-day training program at the corporate office. This is followed by a four-day in-territory training program and then a fourth training program that explores Bin collections. As a result, these textile business franchise owners are fully prepared to successfully operate their businesses.

The credibility associated with an established brand name

In addition to comprehensive training, a key factor in determining the success of a franchise business is the brand name. However, this will only help your franchise business if that brand name has credibility with consumers, such as Clothes Bin®– a national and well-known franchise system.

Choosing the right location

A third factor in making your franchise business a success is its location. For instance, if you’re launching a retail store, you’ll want to choose premises with plenty of foot traffic and, ideally, off-street parking. Location is also essential in the textile recycling industry. However, you’ll have dozens of locations rather than one or two. You’ll want to choose places that are easily accessible. Look for high-traffic areas like shopping plazas, schools, or gas stations. If a particular Bin isn’t performing well, you can always move it to another location.

Build your own path to success with Clothes Bin®

To build a successful franchise business, it’s essential to have the right team behind you– who offers all of the resources and information you need. When you partner with Clothes Bin®, you’ll benefit from our team’s extensive experience in the textile recycling business. You’ll also receive comprehensive training and considerable resources designed to fuel your success.

Contact us today and take the first step toward becoming the proud owner of a semi-absentee side hustle that can generate profits on a flexible schedule. Are you ready to Win-Win with the Bin?

Back

How to Start a Textile Recycling Business

Are you looking for an exciting side hustle but not quite sure which one to choose? Why not textile recycling? It’s a semi-absentee business, which means it doesn’t require a full-time commitment, and it can be operated on a flexible schedule. Your new textile recycling side hustle will generate extra income for you thanks to the contributions of clothes and shoes from others—no need to pay for inventory.

As an added bonus, your side hustle will enable you to do your part to protect the planet. Currently, about 85% of all textile waste ends up in landfills. With your textile recycling business, you’ll help reduce that number. Ready to start your green side hustle? Just take the following steps.

Conduct pre-launch planning and make your initial investment

All new businesses, including textile franchises, require some pre-launch planning. For example, you will need to identify bulk purchasers near your franchise territory who will buy your textile contributions. Fortunately, when you choose to start a textile franchise with Clothes Bin®, you’ll be provided with all the support and resources you need.

All you need to do is review the franchise information on the website and then reach out for additional information. Then, you’ll schedule a meeting with the Clothes Bin® team. You’ll get the answers to all of your questions, and you’ll learn more about the process of becoming a franchise owner and operating your side hustle. If you decide this opportunity is indeed right for you, you’ll make a modest initial investment and choose your territory.

Set up the Bins

All Clothes Bin® territories come with a minimum of 40 Bins. The next step in starting your textile business is to select ideal locations for them– wherever people gather and wherever your Bins will be highly visible. Shopping plazas, gas stations, and schools are examples of good locations.

Go about your typical routine

One of the nicest parts of owning a textile business is that other people do much of the work for you for free. After setting up your Bins, people in your territory will fill them with their contributions of used clothing and shoes. You won’t need to visit the Bins to check on how full they are since the BLIP system will alert you when the Bins are near capacity.

Service the Bins and get paid

When you receive an alert from the BLIP system that your Bins are near capacity, you’ll go out to service them. First, unload the textiles from the Bins into your vehicle, and then take the contributions to the nearest bulk textile purchaser. Then, enjoy depositing your checks.

Partner with Clothes Bin® today to get started building your side hustle

When you choose to start your textile recycling business with Clothes Bin®, you’ll benefit from our team’s extensive experience in the industry combined with our proven business model for cost-effective franchises. We’ve ‘Bin there, done that, and understand how to help our franchise owners create sustainable, semi-absentee side businesses that enable them to generate extra income on a flexible schedule. Contact us today and take your first step toward becoming a proud business owner.

Back