You’ve been going back and forth for a while now about whether to invest in a franchise. You’ve weighed the pros and cons, researched opportunities, and gotten all kinds of opinions, from "are you crazy?" to "you’d be crazy not to."
As decision time looms, you may be feeling more confused than ever about what to do. We at Franchise Gator would like to offer these 5 reasons we think you should most definitely get into franchising today.
1) Working for "the man" is getting you down.
Some days, you are convinced that a trained monkey could do a better job than your bosses or the owner of the company you currently work for. You are positively sure that you could do better with no sleep and with a parade of trained monkeys going right through the middle of your office. Sometimes when you watch the powers-that-be make decisions, you want to go search their office for the Magic Eight Ball you are sure they used.
It’s frustrating to have good business sense and not have opportunities to use it. Franchising doesn’t offer complete autonomy, but gives franchisees many opportunities to make good business decisions that will directly benefit their franchise.
2) You think forgetting your umbrella is risky.
When it comes to taking risks, you definitely have your limits. Starting your own business from nothing would feel like diving off the high dive into a kiddie pool. You may want the chance to make some of your own decisions, but you don’t want to be in the middle of the woods without a compass, trying to find the trail.
3) You’re the Tom Sawyer of the business world.
You remember the part in Tom Sawyer where his aunt makes him paint the fence, so he convinces all his friends that he’s having so much fun that they actually give him stuff so he will let them paint the fence instead? Who doesn’t want a job that doesn’t really feel like work? Think about franchising as a way to get everyone else to do the work that could end up making you a lot of money. If you are exceptionally good at inspiring others to work hard and have fun doing it, franchising is a great opportunity for you.
4) You want all the perks of being your own boss but the responsibility – no thanks.
The truth is, some responsibility is involved when you take on a franchise. The good news is, a great deal of the work has already been done for you by the franchisor. If you choose the right franchise, a profitable system will already be in place for you, and involved franchisors provide training on how to make everything work in the best possible way.
According to Entrepreneur Magazine, "A good franchisor will have everything systemized and ready for you – a business paint-by-numbers, if you will."
5) What else are you going to do with your money – put it under the bed?
If you want to make your money work for you and turn it into a lot more money, a franchise is a good way to do just that. When franchising is done well, the ROI can’t be beat. Plus, it will give you something to do when your spouse comes up with a honey-do list. Sometimes you just don’t want to have too much free time on your hands.
Franchise Gator has hundreds of franchise opportunities for even the most risk-averse avoiders of hard work out there.
About the author:Stephan Baldwin received his B.A. from Lock Haven University of Pennsylvania in Interactive Design. He went on to start Traffic Media, a successful online consulting firm specializing in website design and marketing for real estate professionals in South Florida. Looking for a change in scenery, Stephan accepted the position of Marketing Director with Franchise Gator and moved to Atlanta where he currently resides. Stephan brings over 10 years of experience in UI design, SEM, SEO, email & affiliate marketing to Franchise Gator.