Christmas holidays give you time to take stock of your life. If you don’t like what you see and a third of people say they are not happy in their jobs the answer could be to work for yourself.
A franchise could help you do that. But are you cut out to change from employee to entrepreneur? Iain Martin, of Kyros, a recruitment consultancy which specialises in matching up potential franchisees and franchisors, says: ‘After years of getting your regular monthly pay cheque, it can be hard to understand exactly what working for yourself will involve.’ Buying a franchise means you are getting a tried and tested business system, but you are not just buying a job.
‘You have to operate that system,’ says Mr Martin. ‘You must ‘own’ the marketing, the service, and the finances. If you buy a car, sit in it and expect to get taken somewhere, nothing will happen.
It’s like that with a franchise. You have to drive it yourself.’ Kyros offers potential franchisees advice about whether to move into franchising, including self-diagnostic tests that can help you decide if you are the kind of person who would suit self- employment. Other issues to consider include the lifestyle you want.
If you are not a morning person, rule out any franchises that mean getting up very early, such as some parcels franchises. More.
Become Your Own Boss: FRANCHISE
December 27, 2007 by Cris | 1 Comment
In Franchisees, Franchises, Basic Guidelines, Law & Agreements
own a franchise on January 11th, 2008 at 5:44 am
Certainly it is true but as per my knowledge I think it is only in the starting years. However the instances and advices are good to implement.