Franchising. Is it for you?
Frederick St George MBE
Helping brands connect with families across print and digital channels. Business Owner, Franchisor, NED, Co-Founder of the Italian Job charity event, Member of the Order of the British Empire (MBE)
If you’re facing redundancy at this time or choosing it and not quite sure what to do next in your professional life, do take a look at franchising and consider it carefully.
Franchising can be a brilliant route to self-employment and business ownership but it’s not for everyone. Self-motivation and drive are two requisites that most franchisors will look for when you approach them. You’ll need to be very astute in your due diligence to make sure that the franchise system you’re looking at really is well suited to you and often your family.
Don’t ever be rushed. A good franchisor will respect the time you take to review the opportunity carefully and thoroughly. In fact many of us will consider your pace as a positive and a sign that you’re really looking carefully. If ever you feel rushed or pressured to make a decision, then my advice would be take a step back and dig down even deeper. The pace of the entire process should be set by you and you alone.
Don’t be fooled by promises of an easy life, astronomical earning potentials and a working week of a few short hours. Remember ‘if it sounds too good to be true, then it most likely is’. Ask to speak to existing franchisees and if you can choose which ones to speak with so you get a truly rounded view.
Our Raring2go! franchise is a great business (I really believe that) but it's not a get rich quick scheme. It will require you to be committed, hardworking and determined to succeed. And my team will tell you this right from the outset. But alongside you will be a support system set up to help you succeed. A system that will match your dedication and commitment to your business, with passion, energy and integrity.
If you get a feeling anywhere along the process the franchise you’re looking at lacks some of that passion, energy and integrity, the chances are it’s not for you.
www.getraring2go.co.uk