OK… I want to start my own business! But what’s my next step?

Many of us are aware of the phrase, “if it’s too good to be true, then it usually is”. But when it comes to franchising, the right opportunity really is the best decision you could make.

If we are honest with ourselves, most of us would admit we are probably overly cautious, and would prefer to live lives with as little risk as we can. Especially when it comes to our income and living expenses. We like the assurance of a regular wage to cover, not just the bills, but the little pleasures in life which make going to work worthwhile. So the idea of leaving the security of employment, to step into the world of business ownership, seems like a very high-risk decision. But as a franchisee, you get the best of both worlds — the freedom of running your own business with the backing of an established brand. 

The benefit of franchising 

Whilst there are no guarantees about anything in life, we have worked with hundreds of franchisors, and seen their networks grow with incredible franchisees achieving great success. So, we know there are a great number of benefits to you, should you be thinking about taking advantage of a franchised business to be your own boss. Here are a few of them:

1.  A low risk investment
Franchising offers you the security of managing your own business, under the umbrella of an established brand.
There are hundreds of tried-and-tested business models across all industries, so whatever your interest, background or skills, you can find the right one for you. Franchising also has a proven success rate, with over 95% of franchisees still operating after five years, compared to just 5% of start-up businesses.
2 The right business opportunities for you
Having the mind-set for success combined with investing in your ideal franchise, is a winning formula. Whether you’re a trained accountant, or didn’t do too well at school; whether you love people, animals, or gadgets; whether you want to work from home, employ an office team, be active, or be out on the road, there’s a business model for you. And because franchisors give training in all aspects of running a franchise, you’ll grow a business you’re proud of, with their support.

3. In business for yourself, but not by yourself
Many women enjoy being with people like them; we feel a sense of community. So, being a business owner shouldn’t make you feel alone. Being a franchisee gives you access to business owners who understand what running a business like yours entails. They can offer the emotional backing which tends to inspire, rather than hinder, female entrepreneurs. Your franchisor, and the rest of the network, are there to guide you along the way, offering advice from anything including dealing with marketing, and customer issues, as well as training and acquiring new skills.

Is Franchising Right for You?

Don’t let fear hold you back from running a business, if this is part of your life-goal. You can do it, and can be a success! Having the support of a franchise behind you will lend itself to giving you the confidence, as well as the knowledge, to do so.

OK… I want to learn more! What’s my next step?

Step:1

Fill in your details to download our free “Curious Women’s Guide to Franchising”

Step 2:

Let us explore this next stage together. Contact us at EWiF to see if we can connect you with someone as you find your tribe and start your own franchise journey.

Step 3:

EWiF host Regional Meetings throughout the year where you can speak to real franchisees, and service providers, to help you discover more about the benefit of franchising for yourself. Find the next meeting in your area.

Read more on our blog…