There are so many fabulous benefits to franchising it is hard to know where to start. If you are at a stage in your life where you are looking for change, or the next big adventure, for autonomy or security, variety or recognition, then an investment can offer all this and more.
Whether you want to stay in the same industry or venture out into a completely new field, the options are endless in the UK. Of course the entry level fees differ from one to another but one thing you can be sure of is the fact the brand owner wants your business to be a success as much as you do.
Often after reaching a successful level in a job, there is no room for improvement or upward movement within the business, no opportunity to increase your income. So along with the monotony of the same unappreciated or unfulfilling work day in and day out, there may be the issue of the same horrendous commute day in and day out.
Or maybe a couple is looking towards planning a family and have a stay at home mum… or dad later on! People want to work for themselves for so many reasons. It’s the freedom to choose sometimes that is the crowning glory of running your own business. Because after all, if you are your own boss then you can decide what your earning potential is, or choose when to take your holiday.
Small Start Up Business
Of course, you may have considered your own small start-up business from scratch, but consider this, as mentioned above, the franchisor wants your business to be a success as much as you do. Think about it for a moment. The owner has perfected their methods in a certain industry and has other successful ones running throughout the UK.
After all the guidance and training from the franchisor, they do not want the recruit to go it alone or mix things up. The reason for their success is that they have already tried many different ways and come up with the best answers. So, following their step by step guide to getting your business started couldn’t be easier.
The reason people choose one is for the feeling of security and a safety net. Statistics show that 8 out of 10 are still in business after 5 years and that is often due to the bigger spends on advertising and a well-known brand, and using tried and tested ways of doing business, with ongoing help from the franchisor.
A bank will often be more inclined to offer a loan to a franchise opportunity over a stand-alone business as they are well aware of the success rates of the top ones.
Looking at the best options and top franchises can open up a whole new world and add spice to what may have become a little dull over the years.
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