Cosmetics Shop Owners and Managers

Because an owner is by definition the boss, there are limited opportunities for advancement. Advancement often takes the form of expansion of an existing business, leading to increased earnings and prestige. Expanding a business also can entail added risk, as it involves increasing operational costs. A successful franchise owner may be offered an additional franchise location or an executive position at the corporate headquarters. A small number of successful independent business owners choose to franchise their business operations in different areas. Some owners become part-time consultants, while others teach a course at a college or university or in an adult education program. This teaching often is done not only for the financial rewards but also as a way of helping others investigate the option of retail ownership.