Back to School for Franchising

by Susan Scotts

For kids and some adults, August means going back to school and learning new things. Personally, I’ve always loved learning and education. What I’ve noticed isn’t addressed in most schools, however, is anything to do with entrepreneurship!

Instead you may hear: “Get a good job and work really hard for someone else.” But teachers/professors have little firsthand knowledge about the realities (sometimes painful and filled with disillusionment) of the job market and Corporate America. Just like in the game of American football, you are only as good as your last play!

Schools don’t mention the countless hours you will have to devote in order just to keep your job, without having much or any control over your hours, days off or future. They don't tell you that you'll have to prioritize your job over everything, making long commutes and spending time away from your family even for big milestones like graduations or other special events.

Is it time for you to stop living on someone else’s schedule and explore new possibilities for yourself? There may be other options that you hadn’t explored previously or perhaps discounted prematurely without gathering the information you needed to make an informed decision. Career ownership through franchising may be a solid choice for you.

Advantages of Franchising

Franchising is simply a method of distributing products or services through a business system. There are many advantages, such as:

• Franchises have an established reputation, proven management and work practices, access to national advertising and ongoing support

• Franchising allows you to become self-sufficient so you can begin living the fulfilling life you desire.

• You have the freedom to schedule your own time to take that vacation or take time off to be a coach or see your kid in the school play.

• You will not have to worry I didn’t have the business back- about job security, control over your future or ageism any longer!

The great thing about career ownership through franchising is that you are in business for yourself but NOT by yourself. You have a full team to support you and a proven system to follow.

What is your why?

By focusing on your “why” – your income, lifestyle, wealth and equity goals – you can clarify what you want in both your professional and personal life and learn about possible options that can provide you with a solid foundation for success.

Now I promise you, I never envisioned I'd be a business owner myself. I never even thought about it. When I went to school, they taught women skills geared towards two futures: cook and sew (become a wife) or type (become a secretary). As a matter of fact, besides teachers or bank tellers, I never recall seeing women in the workplace growing up.

I didn't have the business background, education or experience to ever even consider I could be the boss. But I knew I aspired to more and was willing to be open to different ideas, work hard and create my own success as a business owner. It was scary, but I did it. My point here is that if I can do it, ANY- ONE can do it!

Where do I start?

No, you don’t need a million dollars. Many franchise businesses cost less than a new car. And I’m living proof that you don’t need prior knowledge or experience since training and support are two of the foundations of a franchise organization. By focusing on your strengths, you too can find a business that leverages your specific talents and matches your goals.

The great thing about career ownership through franchising is that you are in business for yourself but NOT by yourself.

No, you don’t have to open up a retail space. So many current options are virtual or home-based, and while a small space for a home office is optimal, you can consider using a virtual zoom background to look like you have a professional office space, even if it is in your dining room (shhh, our secret!).

If you prefer to open a retail space, there are plenty that allow you to do just that while being affordable. Many franchises allow you to scale and start creating wealth for your future instead of someone else’s.

Do you want to build an asset or an empire or create generational wealth? That is a possibility by scaling a business. Do you just want to be your own boss? There are many options that allow you to be a “solopreneuer”. Might you prefer to take advantage of having someone else do the work for you to create passive or recurring revenue in an absentee format? We can explore semi-absentee opportunities. Do you want to minimize risk by keeping your full-time employment? That’s also a possibility since some businesses allow you to keep your job while ramping up your business.

Many people are worried about their future in their present job in the current economy. Now may be a perfect time to go through education, awareness and discovery, and start planning ahead towards an essential business that stays relevant.

Not sure where to start on your own? Reach out to me for a quick 10-minute, life-changing call, which includes learning about potential funding options.

Whether you have always aspired to entrepreneurship or have never considered becoming a business owner, ask yourself this question: Do you hate answering to someone else and being restricted by long hours or long commuting times? If so, you OWE it to yourself to explore taking ownership of your career.

Use this back-to-school time to learn about the possibilities and give yourself MORE options to choose from. Who knows, it could be the best FREE education you’ve ever experienced!