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The Now, The New & The Next in Careers

Do You Dream of Leaving Corporate America?

12 Mar 2010 9:04 PM | Anonymous

By Louise Garver

Do you dread Monday mornings and can't wait for Fridays? Have you dreamed about being your own boss? Are you eager to get your severance package and never go back to your corporate job? If you have been wondering about a better path such as starting your own business, but are not sure what that would be or how to do that without risking everything, franchising may be an option.

If you have experience managing a project, department, division or business unit, then you have the potential skills for success as a franchise owner. The franchiser provides the industry expertise, training, systems, procedures, and marketing support that you need to succeed.

Most people associate franchising with fast food companies.  However, more than 1600 registered franchise companies exist in diverse industries in the marketplace. To explore and determine if this option is viable, you can work with a franchise consultant, and it won't cost you a dime. A franchise consultant helps you sort through the possibilities and match you with the appropriate franchise opportunity.

The process begins with specific questions such as:  What are your reasons for wanting a business of your own? Have you ever owned a business of your own? What hours do you want to work, and do you want to work full time or part time? Where do you want your business to be located? How do you feel about managing people? How much capital do you have to start a business? Will you have partners? Do you want to build multiple units? How soon do you want your business to open? 

If, after a thorough assessment, you move forward with a good match, the franchiser pays the franchise consultant's fee. You would pay the exact same fees with any franchise company you choose whether you decide to work with a franchise consultant or not. It's about ensuring that there is a fit on both sides.

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