Today on the Boutique Chat Podcast Faith Parker, CEO of the Boho Bungalow, joins us for How to Achieve Freedom in Your Business.
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.
>> EPISODE 314 – LISTEN NOW ON iTunes <<
>> EPISODE 314 – LISTEN NOW ON Spotify <<
See the Full Boutique Chat Podcast Website here
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
MAIN POINTS IN HOW TO ACHIEVE FREEDOM IN YOUR BUSINESS
- Customers vote for the inventory want with their dollars.
- The more you grow, the more hats you can take off.
- Building good team culture is everything! Your employees need to feel seen, heard, and understand how important they are.
FAVORITE QUOTES IN HOW TO ACHIEVE FREEDOM IN YOUR BUSINESS
“The more you grow, the more hats you can take off.” -Faith Parker
“I shine a light on them (employees) and they get to share. They feel supported and they feel a part of a community. I want them to do that for our customers, so I think it’s important I do that for them.” -Faith Parker
“Hire slow, fire fast. You know when it’s not a good fit. Don’t drag it on, pull that band-aid off and move on because there is someone out there that is going to be a better fit for that position.” -Faith Parker
Where to find & reach Faith:
Instagram: @bohobungalow
Website: https://www.thebohobungalow.com/
Today’s episode was brought to you by Management One. Learn how to make more money with your inventory, increase cash flow, and drive growth in your business. Follow this link to learn more:Â https://www.management-one.com/boutique-hub
Join the Hub for more training, information, and connections.
www.theboutiquehub.com/join
Use the hashtag #AskAshley on Instagram, or tag her at @ajalderson or @theboutiquehubto suggest topics for the podcast and let us know what you thought about this episode!
Do you love the Boutique Chat Podcast?! Subscribe to our podcast and after that, leave us a review on iTunes Apple Podcasts here!
Original Air Date: May 18th, 2021
Do you love the details of  How to Achieve Freedom in Your Business? Let us know what you think about our show and help spread the word about the #BoutiqueChat Podcast.
- Is a Spring-to-Summer Re-Merch Really Necessary?(Yes—Here’s Why)
Because spring and summer products can feel visually similar, many store owners underestimate the importance of this seasonal change. But customer shopping behavior, visual expectations, and marketing strategies have evolved—making this flip more important than ever. - June Market Scoop with Atlanta Apparel
June Market is almost here, and the Atlanta Apparel team is ready to help you make the most of your trip! Whether you’re a first-time attendee or a seasoned buyer, there’s something for everyone this June 3–6. We sat down with Sarah Beth Jackson, Director of Buyer Services, and Alejandra Trombetta, Senior Events Manager, to give you a sneak peek of everything you can expect at this exciting event. - What You Never Knew About The Boutique Summit
Hey friends! If you’ve been around The Boutique Hub for a while, you’ve probably heard about The Boutique Summit—our industry’s biggest and longest-standing business conference. But today, I want to give you a behind-the-scenes look at the real story. Not the polished highlight reel, but the wild, unexpected, chaotic, and inspiring journey of how this event came to life—and how it’s grown into something bigger than I ever imagined.
