If you're interested in more information on how to choose between a franchise and a independent business, please download our Experience of Business Owners PDF.
22 December 2016
Do you want more control over your lifestyle in 2017? Three reasons why franchising could be for you
As the year comes to a close, it’s a great time to get thinking about what you want to achieve next year. Do you want to spend more time with your family? Are you tired of your 9 – 5 job? Owning a franchise can offer a happy medium – it is both challenging and rewarding, with ample financial benefits for those who work hard.
Here are three reasons why franchising could be right for you:
1. You get to be your own boss
While it is important to follow the franchise system, you are essentially the one who calls the shots when it comes to your business. It’s up to you to manage schedules, staff and relationships.
The great thing about being your own boss in franchising is that the incentive is there for you to work hard. The more successful your franchise, the more money you will pocket. Independent research has shown that Bedshed franchisees are more financially satisfied than 84% of the sector.
This also means that you are in charge of your work/life balance. Once you get your franchise up and running, you’ll have ample opportunity to work flexibly and spend quality time with family.
2. You are future proofing your career
With an increasingly changing workplace, and varying levels of economic uncertainty, franchising offers a safe and secure investment. Becoming your own boss means that the risk of losing your job, either by redundancy or replacement, is mitigated.
One of the benefits you have as a potential franchisee is the ability to do your homework on the franchise network before you consider joining. Ensure that the franchise you’re considering has a proven track record of successful operation. This will minimise much of the risk associated with starting your new venture.
3. You become part of a like-minded community
From the bespoke training you’ll receive when you become a franchisee, to the events and trips you’re encouraged to participate in, joining the right franchise means becoming part of an inclusive community.
While all Bedshed franchisees are different in their own way, they each bring a certain set of unique skills and experience to the table. They are incredibly supportive of each other, and take advantage of company events to share knowledge and guidance. What has worked well for one franchisee has the potential to work well for another, so our franchisees are always happy to help each other out.