Consignment business provides owners a great way to partner with local charities
Many Millennials are looking for a career path that offers more than just a corner office and traditional benefits. They’re looking for work with purpose—a way to be a part of something they really believe in. Just Between Friends franchise is an exciting venture that offers Millennial entrepreneurs both flexibility and freedom as well as an opportunity to give back to their local communities.
Serving families and growing community are founding principles for JBF. With a business model based on helping those around us, JBF offers a safe, fun way for families nationwide to save money and make money on children’s clothing, games, toys, maternity and baby gear. Many families rely on these events to not only do more with their budgets, but also as a way for them to be good caretakers of the environment. Another great JBF benefit that really helps communities is the way our franchise owners partner with charitable organizations in their communities.
“Our owners empower the people of their communities,” says Dawn Pfannenstiel, Director of Training and Support with Just Between Friends. “We partner with nonprofits to help them accomplish their goals. We also give families in the community an outlet to make more money for their families—to help with that bottom line, and to help stretch those budgets. There’s nothing more empowering than mailing those consignment checks because you know the benefit and the positives of what those families will do with that money. We get shoppers, all the time, who say, ‘I could not clothe my children without you.’”
Millennials, currently the largest demographic group in the U.S., also are starting to have families. More than 60 million millennials, in fact — about 80% of the generation — will become parents in the next decade, according to a study by Crowdtap. As their generation enters parenthood, their demand for budget-friendly baby clothes and gear, maternity wear, toys and children’s clothes will continue to rise as this generation faces more student loan debt than any previous generation. Just Between Friends provides a way for millennial parents to make their dollars go even further.
JBF owners enjoy running a business with a charitable component
Millennials, as a generation, often opt to donate goods and time—instead of money—to their chosen causes. According to a study by Bankrate.com, millennials are more likely to donate clothes, food and other supplies, which fits perfectly with Just Between Friends’ business model as Just Between Friends consignors have the option of donating unsold items to charitable organizations with whom the franchise partners.
With the Grand Rapids/Kalamazoo franchise, for example, consignors donate about 19,000 items each year to nonprofits in their community. These nonprofits typically are ones that also, in turn, benefit families in the area. Consignors can choose to donate unsold items knowing that their donations will go to help local families.
Additionally, JBF is an affordable franchise to launch and run, with total investment ranging from $32,774 to $45,449. JBF has recently been listed on Entrepreneur’s Most Affordable Franchise list, as well as coming in as one of only 80 franchises to qualify for Franchise Business Review’s “2018 Top Low-Cost Franchises” list. “For many aspiring business owners, the start-up fees and costs to franchise are cost-prohibitive,” says Lori Lalli, Franchise Recruiter. “JBF offers an affordable initial investment and a business model that’s easy to scale. Plus, with a JBF franchise, you’re doing work that serves your community and helps your neighbors make and save money. A rewarding business that’s affordable and meaningful? JBF checks off all those boxes.”
If you’re an entrepreneurial-minded millennial, JBF could be the ideal business for you.
Just Between Friends franchise is the leading pop-up consignment sales event franchise in North America. From our beginnings in a Tulsa living room in 1997, the JBF brand has grown to 150+ franchises in the United States. By helping families buy and sell their outgrown children’s clothing, baby gear, games and toys, maternity items, and much, much more, we have become a nationally-recognized brand.