Nothing grows in your Comfort Zone

Have you ever wondered why you can’t seem to move forward? You have a dream of owning your own business but somehow you let opportunity pass you by time and time again. Chances are that you are stuck in your comfort zone.

In theory, “Stepping out of your Comfort zone” sounds like a relatively easy thing to do. But the truth is that taking that next step does not guarantee you the success or the growth that you crave.

The reason for this is that between the comfort zone and the growth zone, there are two more zones that you need to conquer:

  1. The Fear Zone
    Fear is often the biggest reason for why people retreat back into their comfort zone. Although fear is a natural and essential part of growth, it is sometimes limiting. It can leave you uncomfortable and possibly discouraged. Overcoming that fear requires support and reassurance that you are headed in the right direction.
    That’s what Soapbox can do for you.
    If you start your own business as a Soapbox Franchisee, you can be assured that you will always have the backup of an experienced team. You can be assured that while you build your own confidence, you will have the confident support of a team with more than 12 years’ experience AND you will have access to a business coach with many years of experience.
  2. The Learning Zone
    Once you’ve moved past fear, you begin to enter the learning zone- which is the most progressive.  Acquiring the knowledge and skills needed to run your own business can be painful and costly. Learning by trial and error can result in costly mistakes. And often you just don’t know what you don’t know – you can’t find the answers because you don’t even know what the question is. We are here to make the learning zone a little easier for you.
    As a Soapbox franchisee you will receive intensive training in all aspects of running your business. After training, you will still have access to the accumulated knowledge of 12 years in the industry. Help is just a phone call away.

Being a Soapbox Franchisee puts you one step ahead of the rest. You’ll have a supportive team and the necessary resources behind you that’ll make stepping out of your comfort zone that much easier, with a lot less risk.

4 Reasons why people stay in jobs they hate

JOBS YOU HATE

If the mere thought of Mondays and waking up for work makes you cringe, then it’s safe to assume that you hate your job. We often ignore our need for transformation in our careers because the concept of change is one that is frightening and filled with uncertainty- all of which could be considered an inconvenience when you’ve gone on to find comfort in your misery. People would much rather stay in their secure yet unfulfilling jobs than to embark on the seemingly terrifying journey of change.

In the early 1960’s David Gleicher created the formula for change. This formula was later simplified by Kathleen Dannemiller and presented in 1992 as such:

D x V x F > R

i.e. Dissatisfaction (with the status quo) x Vision (of future possibilities) x First Steps (towards change) > Resistance (to change)

Coincidentally, the above-mentioned factors of change can be related to the reasons why people stay in jobs they hate. The dissatisfaction in your current job must be just enough for you to make a change. Sure, you’re certain that you want to leave your job but what do you envision yourself doing outside of it? Taking the first step is often the hardest and can demotivate people to leave their unhappy work environment; and the obstacles you might face along the way and the fears you have to overcome seem too taunting to bare- all of which play a role in you staying in an uninspiring space.

1. Dissatisfaction

Your dissatisfaction with your current job or circumstance must be enough to bring you to action. If your dissatisfaction is such that you complain about it, but do nothing, change is not likely to happen.

2.Vision

Often people’s dissatisfaction is great enough, but they have no vision of what they want to do in their careers. They cannot visualise what the alternative to their current circumstance can be. In the absence of such a vision, any action is directionless and will not amount to the desired change. The Soapbox Franchise Group not only provides you with a clear vision of what it is like to be your own boss and owning your own business, we also provide you with a clear plan of how to achieve this.

3.  First Steps

The third factor in the formula for change is taking the first steps toward change. Many people never take these first steps, because they either lack the courage, or they lack the knowledge of what the first steps will be. The Soapbox Franchise Group has more than a decade of experience in the corporate fashion industry and can help you with the knowledge, and a proven model for success.

4. Resistance

Resistance to change can be internal (fear, anxiety, insecurity, discomfort) or external (family, friends, authoritative figures). It is very important to have an honest look at the resistance factors in your life and identify them. Ask yourself if these factors will still be a factor in 10 years from now. And ask yourself if you can afford to stay where you are.

At Soapbox Group we know that change is hard, but we love to walk the path of change with each one of our franchisees and see them grow into the careers they envisioned.

For more information about the franchise opportunities available with Soapbox, phone Mias on 082 992 0024.

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4 Reasons Why Women Entrepreneurs Prefer to Become Franchisees

4 Reasons why women entrepreneurs prefer to become franchisees

 

In the last two decades the world of business has become increasingly open to women entrepreneurs. Yet, it is reported that under 40% of South Africa’s businesses are women-owned. Even though many South African women are more than qualified and competent to run their own businesses, the challenge of having to balance business and family responsibilities can seem very daunting.

In the spirit of Women’s Month, we thought we’d touch on why franchises is the preferred business ownership model for many female entrepreneurs and how franchise ownership can be the solution to the balance challenge.

 

1. Schedule flexibility

Unlike starting a business from scratch, many franchise businesses offer a semi-absentee model for owners, allowing them to work on their business rather than in their business. They get to experience the rewards and freedoms of small-business ownership while still having time to dedicate to motherhood, or whatever else they please.

 

2. Organised and predictable deliverables

Opting for a franchise business is less of a gamble than a brand-new start-up. The startling failure rate of new businesses makes it seem too risky to female entrepreneurs to start a new business. However, with a franchise the business model is predefined and so the outcomes are fairly predictable.

 

3. Support systems

Although business has become more accommodating to women, it is still a highly intimidating space. Siding with a franchise means you have access to all the support you could ever need for your business to soar. The Soapbox Group offers you mentorship, setup, marketing, management training, human resources and purchasing power.

 

4. Support from government

The South African government has frameworks in place that seek to equalise the playing field. There are various Government Development programmes for women entrepreneurs in South Africa that act as a springboard to business. These development programmes, combined with the preference given to Women Owned businesses in terms of BEE AND an almost foolproof business recipe provided by the franchisor, means that the female franchisee is set up for success.

 

 

Buying into the Soapbox Franchise makes running your own business a more pleasant experience, leaving you more likely to succeed. The branded corporate clothing and gifts industry is big business and show no signs of slowing down. All the more reason to side with us.

Click here if you are interested in receiving more information about becoming a Soapbox Group Franchisee.

You can also contact Mias at mias@soapboxpromo.co.za for more information about becoming a Soapbox Group Franchisee.

Franchisees’ 3 Worst Nightmares

Franchisees’ 3 worst nightmares

(and why the Soapbox Franchise group is different)

Many would-be-entrepreneurs prefer to buy a franchise as opposed to starting a business from scratch, for obvious reasons: A successful franchise offers a proven business model; A franchise group already has brand awareness among its target market, which gives the franchisee a head start in marketing; The franchisor provides thorough training and ongoing support.

While buying into a franchise seems like your best bet, a lot of people would argue that just like a new start-up, being a franchisee has its fair share of challenges. Below are a Franchisees’ 3 worst nightmares and how and why Soapbox offers a different franchise solution. 

  1. High cost of purchasing a franchise

Franchises can cost anything from R500,000 to R10,000,000 and unless you have that amount of money at your disposal, gathering those funds can be extremely difficult, and can put you off the franchising route altogether.

However, a Soapbox Franchise can be purchased for only R250,000. This great purchase price includes a fully functional office, a show-room section with display cabinets, promotional stock and marketing material, plus our full guidance and support. You also get a thorough business plan and business coaching with practical strategic planning sessions every quarter to make sure you are headed for success.

  1. High overheads

Many people only realise how obscene their overheads are once they buy into a franchise.  The high cost of rental space in malls, and large staff components that will result in a huge salary bill. Even a small shop in a busy mall can cost up to R50,000 per month.

Soapbox is different in that it can be run from a home office with good internet or a small rented office, and you’d only need 2 people to run a successful Soapbox Franchise.

  1. Having to buy all stock from the franchisor at inflated prices.

Many franchise groups require their franchisees to purchase stock from head office at set prices. These prices are often higher than that of similar products bought from other suppliers, making it even harder for the franchisee to make a profit.

A Soapbox franchisee has direct access to all suppliers AND gets a group discount on most products from day 1, making the franchisee competitive in the market.

Buying into the Soapbox Franchise makes running your own business a more pleasant experience, leaving you more likely to succeed. The branded corporate clothing and gifts industry is big business and show no signs of slowing down. All the more reason to side with us.

Click here if you are interested in receiving more information about becoming a Soapbox Group Franchisee.

You can also contact Mias at mias@soapboxpromo.co.za for more information about becoming a Soapbox Group Franchisee.

4 Reasons Why Good Systems are key to Small Business Success

4 Reasons why systems are key to small business success

The importance of good systems within a business or company should never be underestimated. Poor systems or the complete absence of systems can cost you your business.

Below are reasons why good systems are crucial if you want to realize small business success.

  1. Systems that deliver consistent results drives Customer-satisfaction
    A successful business system is usually customer-centric. One of the best ways to measure if you have a good system in place is whether they are producing desired results – ultimate customer satisfaction… and delivers it time and again. Good systems ensure that the customer gets a consistently positive customer experience. This leads to trust, repeat business, customer loyalty and word-of-mouth referrals. And having your customers recommend you to their circle of influence, is more valuable than any other form of marketing.
  2. Well-documented systems facilitate effective change management
    Good systems that are well documented, ensures that organisational or staff changes don’t result in disruption in service levels to your customers or overall low productivity levels. For instance, in small businesses a lot of the knowledge leaves when a staff member resigns. If the knowledge is built into the system, a new staff member can be trained quickly and with minimal impact on the customer experience.
  3. Effective systems produce maximum productivity
    A good system transcends the people who are doing and managing the work. A poor system can make your business inefficient. They usually result in tasks taking longer to complete, and unnecessary time and effort being wasted only to achieve minimal results.  Good systems mean less people can do more work in a shorter space of time. Greater productivity means a greater return on investment with regards to your salary bill.
  4.  Thorough reporting systems means business performance analysis becomes simpler and more accurate.
    Good systems provide the business owner with the tools to measure each aspect of his/her business’ performance. These insights help the owner to make good decisions based on actual data and not on guess work.

One of the most important advantages of buying a franchise as opposed to starting a new business from scratch, is the tried and tested systems for every part of the business. Soapbox Group has spent 11 years perfecting the systems, putting business success well within your reach.

  • HR systems Human Resource Systems (HR)
  • Financial systems
  • Stock control systems
  • Marketing systems
  • Sales systems
  • Systems for operations (Operations management systems)
  • CRM systems

So why not get yourself an up and running, safe and secure franchise business, today!

Click here if you are interested in receiving more information about becoming a Soapbox Group Franchisee.

You can also contact Mias at mias@soapboxpromo.co.za for more information about becoming a Soapbox Group Franchisee.

 

5 Things Most New Business Owners Aren’t Prepared For

5Things

And How to Overcome It

 

Ask any business owner about their journey of entrepreneurship and they will list the countless challenges they faced trying to get their new business off the ground. Although starting a business gives you the type of freedom employment otherwise wouldn’t, new entrepreneurs often don’t realise that they will have to wear many different hats as the owner of a small business. Many soon discover that they are kept busy with a whole lot of activities that has no direct bearing on the product they are selling or the service they are delivering. They get frustrated being bogged down with tasks that they are not skilled for and have no experience with. Lack of focus soon becomes evident and shows in the bottom line.

Below is a list of things most business owners aren’t prepared for, and some tips on how to overcome them.

  1. Staff and HR Issues

New business owners don’t realise that HR is more than just hiring and firing. They often make the mistakes of providing poor job descriptions, holding inadequate job interviews, lack of staff training  and poor organisational culture. And then there are all the labour law provisions that need to be adhered to. If things go really wrong, you may even end up at the CCMA.

A good set of employee policies are essential for any business. This can be challenging for new business owners who have no experience in writing employee policies.

If however, you join a franchise group such as the Soapbox Franchise group, you have the back-up of an established business with the policies and procedures already in place. You also have access to knowledgeable people at your franchise head office, should issues arise.

  1. Financial Management

You should be able to present evidence of all your business’ financial transactions and decisions, from inception to present. Small business owners make the mistake of not drawing up a budget let alone sticking to it; not separating their business and personal finances, and not having a competent system for tracking income and expenditure.

For many the best solution would be to hire a professional to deal with your business finances or to simply outsource their accounting activities altogether. This gives them more time to work on the business’ core activities, but leaves the business owner out of the loop. Often the business owner only realises that the business is in trouble when he/she runs into cash flow problems.

If you rather become a franchisee, the Soapbox Group will provide you with training on the basics of accounting and financial management.  They will go even further as to provide you with a customised accounting system with built-in early warning indicators that will let you know that your business is not doing as well as it should be. The franchisor also has a vested interest in your business doing well and will therefore assist you in any way possible to keep your business financially healthy.

  1. Marketing

Entrepreneurs either over-sell their brand, or don’t market it sufficiently. Most aren’t prepared for the amount of effort and time that goes into a good marketing strategy. The same amount of effort you would put into finances or production, needs to be put into your marketing. Compiling a marketing plan cannot be a hasty job. A lot of research and time needs to go into what your product is, what it can do for people, what makes it stand out, and which people would most benefit from it.

At the Soapbox Group we have spent a great deal of time and resources on developing a marketing strategy that produces quality leads and profitable business. The pooled marketing fund paid by all the franchisees also means that the franchisee gets much more for his/her marketing buck. The Soapbox Franchise package includes promotional stock and marketing material.

Furthermore, you will be incorporated into our national marketing strategy through our tried and tested methods and platforms, giving your franchise business maximum exposure!

  1. Sales

Many business owners believe that just because they have the entrepreneurial bug, then they are automatically good sales people. This isn’t always the case. There is more to sales than just making a sale. One must consider where it is their leads are coming from, how to gain new customers, ROI, or having a sales process in place. Many business owners can overcome their sales challenges by not trying to do it all by themselves. Calling in a bit of help on the sales side of things will save you a lot of money, confusion and disappointment.

As a Soapbox franchisee, you and your sales staff get trained in the best sales strategies and techniques, putting you on the path to success.

  1. Admin

Bet you were never prepared for the amount of admin that comes with running a business! When you are caught up in the bigger scheme of things, it is easy to forget the small details and the nitty-gritty behind the scenes. If neglected, admin tasks can cost you your business. Something as fundamental as filling in and presenting the necessary legal paperwork; tax admin; data management; returning phone calls can, if left undone, prove to be a major blow to your business. Organising and prioritizing the tasks ahead of you each day can stop you from falling behind on the admin work. If admin isn’t your thing, then calling in an extra pair of hands is the best solution.

As a franchisee, you will enjoy the benefit of your franchisor’s administration experience and systems, so you can hit the ground running!

So why not get yourself an up and running, safe and secure franchise business, today!

Click here if you are interested in receiving more information about becoming a Soapbox Group Franchisee.

You can also contact Mias at mias@soapboxpromo.co.za for more information about becoming a Soapbox Group Franchisee.

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