Brother and Sister Team Start a Trendy Used Clothing Franchise Inspired by her franchise-owning parents, Chelsea Sloan started Uptown Cheapskate with her brother Scott while she was still in college.

If you had told a young Chelsea Sloan that as a grown-up she'd be working day in and day out with her older brother, Scott, she probably would have kicked you in the shins and locked herself in her room.

"He was definitely very mean to me," says Sloan, now 27 and sanguine about the sibling with whom she launched the used-fashion franchise Uptown Cheapskate in 2009. "We've become very good friends, and we have complementary talents."

They also have a good set of entrepreneurial genes. In 1992, their parents moved to Utah to start Kid to Kid, a franchise for used children's clothing and baby gear, which now has some 85 units in the U.S. and Portugal. That inspired Chelsea to think about a similar store for teens and young adults, but she shelved the concept upon starting college at The University of Utah, and similar ideas like Plato's Closet took over the market.