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It used to be possible that if you worked hard and hung in there, then eventually, you'd be recognized for your efforts and rewarded in your career. However for hundreds of thousands of Americans this hasn't been the case for quite some time. And no one is exempt. From entry-level workers on up
to middle managers and executives, individuals find themselves missing rungs on their corporate ladder, or worse, downsized.
Job Security is a Rare Commodity
Indeed, job security is a rare commodity in today's workforce. And maybe that's why more and more disillusioned corporate refugees are leaving the 401k fold, opting to
put their skills to use by going into business for themselves. The entrepreneurial spirit is alive and well. But the reality of it is that start-up businesses require risk. Likely more risk than the average corporate castaway would care to take. And that's why franchise businesses have become popular solutions for many job seekers.
20
million businesses are run from home-offices
Today, entrepreneurs around the world are discovering that running a franchise from your own office can not only be convenient and enjoyable, but also a smart move financially. In the U.S., over 20 million businesses are run
from home-offices. Most Americans consider this kind of business to be legitimate and often times, we envy people who own these businesses.
Of course not every business can be run from your house, but with the help of computers and technology, a wide variety of franchises can be. There are many reasons why this is the smart choice for
entrepreneurs, people who need supplemental income and for those disillusioned corporate refugees who want something better.
Reasons to Consider a Franchise Business
First, the cost of the business could be significantly lower because you will not need signage, interior branding or to buy or lease commercial property.
Second, your overhead will be greatly lowered, putting more cash in your pocket. You will not have to pay real estate fees, including additional taxes. In fact, you might be able to enjoy tax deductions because you are operating a business out of your house.
Third, you'll no longer have to commute to work, lessening wear and
mileage on your vehicle and allowing you to spend that typically lost time focusing on family, interests, or putting it back into your business.
Just remember to check out all the rules and regulations in your town and neighborhood before you embark on your journey. Have possible scenarios in your mind for problems that could arise, and
think about how you will solve those issues now so you can put all your effort into growing your new business.
Whether you're a parent who desires to own a business while raising children or you're an entrepreneur who's simply conscious of overhead, owning a franchise business could be a smart decision for you.
Get Your
Complimentary Consultation today!
So if starting a franchise businesses sounds like it could be your best career move, but you still want more information, then sign up today for your complimentary consultation with a Franchising expert at FranChoice.