Downsizing, rightsizing and outsourcing have become the norm for many of our employers. I think I first heard the term “jobless recovery” over two years ago, in some ways it’s a pretty good descriptor of what’s happening now. As a result many current and former employees are taking control of their future and looking at the benefits of owning their own business.
Franchising is the most popular mode of self employment because it’s a safe and an affordable alternative to the corporate life. A franchise owner doesn’t worry about downsizing, rightsizing or outsourcing.
The three most important attributes of a good franchisee are:
- The ability to follow a system. In its simplest terms a franchise can be boiled down to a system of doing business. The good franchisor has developed a system based on previous successes and failures and will continually adapt their franchise to the changing market.
- The ability to work hard. Owning a business is a lot of hard work, it’s a lot of fun, but it’s hard work. People who buy a franchise to avoid hard work often fail. A franchise lays the path of success in front of you, but you still have to climb the mountain.
- The ability to pick the right franchise opportunity. Every one of the most successful franchises in the world has had franchisees fail. Some of them have failed because they couldn’t follow a system, some failed because they wouldn’t work hard and some failed because they simply didn’t do their research before opening their business and the went into the wrong opportunity.
Call me to set up an appointment and I’ll happy to start you on your journey.
Brad Johnson
(913) 888-1400