The beauty of making a midlife career change into franchising is that you can draw from your previous experience to run your new franchise business. Having business know how, relationship-building skills, and the ability to lead teams are all skills that lead to successful franchise ownership. I just suggest you have a guide and that is where I come in!
5 Reasons People Consider Franchising Opportunities During Midlife…
Work-Life Balance
A healthy work-life balance is a rarity in corporate America. People are working longer hours for the same or less money. With a franchised business, there are many options for more free time, especially after initial push to establish your business. After you pick the right franchise for you, and have it set up to succeed, you can have the best of both worlds: a fulfilling career and time for family, hobbies and leisure activities.
Follow Your Interests
People’s interests and passions change over time. From pet care to fitness to home repair, you can reinvent yourself in a completely new industry as a franchise owner. In most cases the the franchisor will train you, so there’s no need for previous experience in a particular industry. Pick a franchise that you are interested in with the help of a franchise consultant and you can have a more rewarding way to support yourself and your family.
Control Your Own Destiny
Corporate America is has increasingly demanding workloads and layoffs are almost always looming. Most people who work for somebody else have very limited control of their own destinies. Studies indicate that work-related stress continues to rise and chronic stress can lead to physical conditions such as headaches, back pain, fatigue, and worse. Franchise ownership offers you more control. There is still stress, but it’s on your terms. People who possess a perception of self-control have less potential for experiencing negative stress.
Make Difference
Making a difference and making a living aren’t mutually exclusive, especially in franchising. Even if you choose a franchise in an industry that doesn’t necessarily have a higher purpose, you can still make a huge difference in your community as an employer and through charitable work. In many cases, the franchisor provides marketing materials and designs programs to do just that. As a franchise owner, you can feel fulfilled by giving back to your community how you see fit.
Greater Opportunities To Succeed
With more than 3,000 franchised businesses out there, there is a ton of opportunity in franchising. There is always risk with business ownership, but the chances of failure are less with a proven system. Some people say that working for yourself is the new job security. Even if you work your hardest at a job, you could still be passed up for a promotion or a raise, but with a franchised business, effort and hard work pay off. What you put in is, generally, what you get out.
Franchising can put you on a fast-track to a midlife career change. You can take the first step by searching for opportunities online and by enlisting the help of a franchise consultant who can help narrow your choices. Thanks to franchising, it’s never too late to reinvent yourself.
Contact Aaron (608-576-4592) for a Free Consultation!
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About Aaron Bakken
Franchise Consultant for The Franchise Consulting Company
Proven Experience
Aaron has 20+ years of franchise and independent business ownership experience. He also spent 5 years as the VP of Franchise Development for an international franchise group, growing the franchise to the advent of a private equity buyout. Whether you are looking to buy a franchise opportunity or franchise your business, Aaron knows how to guide you.
No Cost To You
Aaron is paid by franchisors and development companies for bringing them viable franchise investors. So frankly, his clients have nothing to lose by engaging with him but a bit of their time. Aaron helps his clients navigate the complex world of franchise ownership and development, and provides long term guidance to help his clients achieve their entrepreneurship goals.