An option to consider for those with the entrepreneur itch is a franchise. To some, “franchise owner” may not have the same connotation as “entrepreneur” but for the most part it works the same way depending on what franchise you buy into. An article titled “8 Franchise Ownership Myths” was published by Entrepreneur. The article made some great points about how owning a franchise can mimic owning a unique privately funded business.

• Owning a Franchise Allows for Creativity… For many, entrepreneurship is about creating a reflection of your interests and talents, a reflection of you. Entrepreneur reports that there are over 900,000 franchised businesses in the country today. There are numerous niches to choose from and although corporate dictates the framework of the business (what is proven to work) there is often plenty of room for creativity and self-expression. Not all franchises are built the same.

• A Franchise Can Be Affordable… Many franchises can be set up for under $100,000 and some for as low as $12,000.

• A franchise is a business in every sense, you don’t necessarily have to know how to make a sandwich to own a Subway. Most franchise owners are coming from a variety of work backgrounds with versatile professional skills. Skills in delegating, managing, and marketing are all transferable.

If you look at a franchise just like any other business opportunity, you may be surprised at the opportunities available. There’s freedom and flexibility and of course room to grow as you expand your own business to fit your lifestyle.




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