Everyone starts a business because they had a reason for doing so. Many reasons are the same, some different, but every reason is unique to the individual because it is their story.
It’s important to establish your ‘why’ before going in to a business. Particularly in choosing a sector or a format.
Here’s a short list of the common why’s our existing franchise base have told us ahead of starting their journey with our brand.
Owning your own business can relieve you of the formality of working for someone else. You can dictate when you start, finish, the number of hours that you work.
Be your own boss
Some people are just born to own their own business. You typically realise this after working for someone else for a period of time. Some people like the thought of being their own boss for the sense of power and status.
I can do it better
There is nothing worse than watching someone run a business poorly. However, what it does create is an aspiring entrepreneur with a benchmark and a goal to be better. Healthy competition never hurt anyone.
Gap in the market
Spotting a gap in the market and having an urge to fill it is a great way to get in to business with a genuine demand.
Interest in money
It’s apparently what makes the world go around and some of us are orientated around it. Having a desire to make money is a good reason to go in to business because you will have the drive and ambition to make it work.
Future nest egg
Some of us intend to build an asset as a nest egg. Something to look forward to at retirement, or to perhaps bring it forward.
Often individuals receive a sum of money and instead of buying ‘material things’, choose to invest it in a business opportunity in the hope that it grows and multiplies to become a bigger asset for the future.
When you know your why, why not discuss how a franchise opportunity can help you to fulfil it. Contact 0116 275 9005 or email email@example.com to discuss further