There are a number of reasons to say yes for both of them, but which one will actually make money....
There is no doubt that the stepping stone from employment is usually a Franchise..
After all people love the words of saying I am working for myself...But are you....
In many cases you are still working for the owner of the franchise...
- You are paying a weekly franchise fee
- You are paying for the equipment, plant and venue
- You may have to pay for any leads that come your way
- You many not be able to totally set your own hours
- You are on call 24/7/365 if you want to make the big dollars
"should I start my own business or buy a franchise"
Make sure you check out your costs first....and make sure you aren't buying a job.
Should I start my own business?
Usually ...people who start their own businesses have years of experience within that field. So they really aren't going in blind with zero experience or without systems to help them run their business.
However there is a couple of things to remember...
- You need the basic admin, marketing, sales, book keeping and Management Systems
- You need to promote heavily in the first six weeks to get noticed.
- You need to get your new business on every local online directory
- You need to start a weekly business blog to gain new SEO and customers
- You may not get paid for a few weeks..make sure your costs are accounted for...
By now you are probably seeing a few fears..don't be there is another option....
Should I start my own business or buy a franchise?
Here are three #success-tips to help you decide....
- Do what you love to do and it will not be work...
- Make sure the Opportunity you choose can earn you a better than average Income..
- Take the opportunity to a Business Coach and get a second opinion
If you want the best of both worlds............ find me here...
