Are you thinking about being your own boss? Maybe you’re ready to call your own shots. Or you’re tired of having someone else tell you when you can take a holiday? Perhaps the raises you’ve been getting have left you wanting a lot more. So how do you know whether starting your own business is actually the right solution for you? If you want to be your own boss, you do have several options…
Start by looking at your options…
Staying with your job does have advantages, and you know them well. Sure, it may not pay you as much as you would like, but the paychecks arrive like clockwork. That’s not usually the case when you own your own business, especially not in the beginning. Consider that option carefully if you want to be your own boss.
Then again, you could keep your job and start your business part-time. Many happy business owners started that way. While this may feel like you’re actually working a second job, eventually, the income of your business will allow you to leave your first job behind. Of course that’s assuming that your business is successful.
Finally, you could leave your job behind and start a business OR buy a franchise. You’d have to have significant savings (and lots of credit) to take that route, and it can be quite risky…
You also need to consider what kind of business you want to start. Many types of businesses cannot be started on a part-time basis. And they also carry great risk. But some businesses can, especially certain kinds of franchises.
A franchise could be ideal if you want to be your own boss
As a prospective business owner, you can go two different routes: you could start your own business from scratch, or you could buy into a franchise. And each of these comes with many different options.
When you start your own business, the start up expenses and efforts will be huge, and so will be the risk. You could quickly lose your life savings, and even more. This may be more than you’re ready for when you first want to be your own boss.
Your risk can be reduced if you buy into a franchise. After all, someone else has already created the company and taken it through the difficult start-up phase. You will be able to benefit from their experience and their name recognition.
There still will be a start-up cost, but franchises vary widely in how big that cost will be. While buying a McDonalds franchise costs in the millions, there are plenty of franchises with much more modest price tags. You could even get started with a franchise for £25,000 or less. And thanks to the training the franchisor provides, you can avoid any costly mistakes.
How To choose the right franchise
If you decide to go with a franchise, you also need to decide what kind of business you want to run. Some franchises require a lot of work and are expensive to set up. Other ones you can get started with immediately – and even run from your kitchen table.
The latter type of franchise is ideal for someone who wants to ease his or her way out of a job while starting a business on the side. A Crane franchise, for example, would allow you to do that very easily, especially if you outsource the part about acquiring new customers.
In fact, a Crane franchise has a number of advantages… It’s comparatively inexpensive. You can run it from your home office, which means that you can start it as soon as you’re done with the training. And you can earn back your initial investment very quickly.
A Crane franchise would be perfect for you if you have a background in business, management, or sales. However, even if you don’t, you can succeed. After all, we’ll train you and provide you with plenty of support. And you can always hire a sales person.
So if you want to be your own boss but would rather avoid the heavy lifting, there’s a great option for you. Call us to find out more on 0800 007 5566. Or visit us at CraneFranchise.co.uk.