Taking on a reputable franchise business can provide a great solution for those who have the passion and desire to run their own business but don’t want the associated risks of starting a new, unestablished venture – an understandable consideration for families with young children.One of the initial attractions of owning a franchise business is that you are also buying into the regular support, marketing, PR and reputation of an already established and credible brand. So it should be plain sailing then? It certainly can be, but only if it is the right career option for you. Owning a franchise is not for everyone and there are many misconceptions around what’s involved in running a franchise and how you ultimately achieve success. Speaking from experience, it’s hugely important that before you consider taking on a franchise business, you are aware of what is involved, what will be expected of you and also that you consider the very real impact this will have on your life. If you are to truly succeed as a franchisee (regardless of external support) you, and only you, need to make it happen. Yes, any good franchisor will provide you with the adequate support to get your business off the ground, and yes, you’ll take advantage of a fully functioning marketing programme, nationwide advertising campaigns, brand reputation and all that goes with that, but ultimately this is your business and you are the only one who can make it a true success. Running a successful franchise means hard work, commitment and having a genuine, relentless passion for what it is you are doing. But if you have that get-up-and-go spirit and the motivation and self-discipline to run your own business, franchising can be a fantastic career move for you and your family. Read more about franchising:
- Post restrictive covenants: How far can you restrict franchisees?
- Franchising: From a franchisee’s POV
- Six things to consider before turning your brand into a franchise
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