If you’ve ever dealt with a nightmare boss or job (or just one that’s unfulfilling) you may spend the workday dreaming about being your own boss. But you also know there’s a big difference between being part of a business and running it. But were you also aware of some of the sweetest things about being your own boss … of a franchise?
Someone’s always looking out for you
Being a franchise owner is like being part of a big, loving family. You always have an older brother or sister (the franchisor) looking out for you. They know that their success is determined by your success so they have a strong motive to see you get ahead. They’re usually available for advice, troubleshooting and other things you may need to get started.
You skip to the head of the class
Okay, so you never went to business school. No problem! Unlike trying to climb your way up the corporate ladder, owning your own franchise doesn’t take an advanced degree. It may require capital, of course, but you don’t have to spend years at a college or university when you could spend that time making money.
You have built-in confidence
Many new business owners wonder if their training methods, operations and cash-flow models will actually work. This can cause a lot of anxiety. But not if you’re the owner of a franchise. You have the built-in confidence of knowing these methods do work – because your franchisor has seen them work in the past.