Are you going crazy in your job? Looking for a whole new life in York or elsewhere but a little afraid to jump ship? It is a tough decision leaving the security of that regular income every week. Love it or hate it that is the first consideration. Will I find something real? You want a real business opportunity to replace the income you have now in York and get some real satisfaction and variety from life, not the hum drum same old thing day in and day out. Or at least a part-time franchise to get a feel for what else is out there. Would you like to work from home in York?
Franchise or Stand-alone
Statistics show that a franchise business is far more likely to succeed than a stand-alone independent business start-up. Some of the reasons being that there are already franchisees out there running successful businesses, and you will be trained and running your new franchise using the same methods that they were trained in. The franchisor has already perfected these methods so they do not expect you to deviate from the track. More often than not, the franchise you purchase will have a recognisable name and logo and an existing customer base. If a customer is searching for a particular service in your area, your business is likely to come higher up in a search because there is more marketing power in a recognised name and lower advertising costs for you because the costs may well be spread over the whole business as part of your package.
Whilst we are talking about statistics and a franchise business having a greater chance of success, another benefit is this; that a bank is more likely to offer a loan to a franchise business over an independent start-up business. Eight out of ten franchises are still in business after 5 years compared with eight of ten solo businesses that go under in the first 5 years. That is a huge difference. Is it any wonder that people opt for the safety net of a franchise opportunity, knowing that they have the franchisor behind them for guidance and support. Not to mention of course, the benefits of all the back of house and administration guidance, internet franchises training online, staff training, and a step by step process to follow while you learn the ropes and become more confident in your new role.
Step outside the box
The original thought path would probably be using your existing skill set to start up a new franchise business that you feel comfortable with, something you are already proficient and experienced in. That is a great idea it would take some of the anxiety away from not only starting your own business but having to learn a whole new industry. Whatever floats your boat, do you want to invest in a computer franchises and work from home? Take your pick, you make that decision. Often times a franchisor is happy to take on someone from outside the industry. A new franchisor from outside the industry would have no bad habits to break, and be more than happy to stick within the guidelines set out by the franchisor. Win – Win!
Finding franchise opportunities to suit your requirements is vital not least to ensure your franchise investment is a wise decision. Approved Franchises can help with your search, whether you are in York or anywhere in the UK. Enter your details above to use their free service and find a comparison of franchise companies all in one place.