Give most people the chance to be their own boss and they would probably snap your hand off. The chance to choose your own hours coupled with the potential to control how much you earn – not to mention the satisfaction when your business does well – sound like a dream scenario.
But once you’ve decided this is the life for you, do you follow the franchise route or go it alone? While the chance to create something new sounds exciting, there’s always the risk of whether there’s room for you in the marketplace, not to mention the costs, both financially and in terms of the sheer amount of hours you’ll have to put in.
With a franchise you have a ready-made business that has already navigated the bumps in the road and that you can step straight into. Not only that, but you have a brand name and an established reputation to back you up, so you don’t have the challenge of making your voice heard.
It’s true that an entrepreneur in a start-up business has the benefit of plotting their own trail, but this can be a lonely place full of twists and turns. In a franchise business, following the path drawn up by your franchisor and trodden by countless others before you means you have a tried-and-tested route to success – a sure-fire way of your new venture being a hit.
According to the British Franchise Association, around 92 per cent of all UK franchisees reported profitability in the last 12 months and, while the UK economy shrank during the downturn from 2008 to mid-2013, franchising saw revenues increase by 20 per cent. Like any business you run yourself, you get out of it what you put in, and it can be hard work, there’s no disputing that. You’ll have to make a financial investment and there’s still risk involved – you have to put the effort in and follow the formula, but there’s ongoing support to guide you through all that, and statistically it’s the safer option.
If you’re hard-working, dedicated and have the passion to succeed your franchise will flourish.
Call us now to find out how Envirocare can help you on the road to financial independence by becoming part of the UK’s fastest growing grounds maintenance franchise business. Contact us on 0800 028 329 or email firstname.lastname@example.org.