From Corporate Burnout to Franchise Fortune: 5 Reasons Why Executives Are Choosing Franchise Ownership
Sharon Strange
Franchise Consultant ?? Empowering Aspiring Entrepreneurs in how to Find a Franchise Right for Them ??? Co-Host of the "Franchise Together" Podcast
Are you a corporate executive or professional feeling stuck in the daily grind? Do you dream of owning a business but fear starting from scratch??
Franchising might be the perfect solution you've been searching for.?
As franchise consultants with years of experience, we've seen firsthand how franchise ownership can transform lives and create lasting wealth.
Our Journey: From Corporate Burnout to Franchise Success
Like many of you, we were once at a crossroads in our careers. In 2019, we faced a pivotal decision: continue climbing our respective career ladders, or take a leap into entrepreneurship.?
The desire for greater freedom, flexibility, and the opportunity to build generational wealth led us to explore franchising.
Working with a franchise consultant opened our eyes to the possibilities.?
We discovered a franchise that aligned with our goals and skills, and we've never looked back.?
Over the years, we've grown our business into a multi-unit success story, even navigating the challenges of the 2020 pandemic.
Why Consider Franchising?
Proven Business Model: Franchising offers a "leapfrog" approach to business ownership. You're not starting from zero – you're leveraging a system that's been tested and refined.
Support Network: Franchisors provide extensive support, from site selection to ongoing training and marketing assistance.
Brand Recognition: You benefit from an established brand and customer base from day one.
Reduced Risk: According to the U.S. Bureau of Labor Statistics, franchises have higher success rates than independent businesses.
Work-Life Balance: Many franchise models allow for flexible schedules and the ability to prioritize personal time.
The Numbers Don't Lie
Consider these statistics:
Finding Your Perfect Franchise Fit
The key to franchise success is finding the right opportunity that aligns with your skills, interests, and financial goals. As franchise consultants, we guide potential franchisees through a proven process to identify their ideal match:
Self-Assessment: We help you explore your strengths, weaknesses, and what you truly want from business ownership.
Financial Evaluation: We'll work with you to understand your investment capacity and explore financing options.
Industry Exploration: We'll introduce you to franchise opportunities across various sectors that match your criteria.
Due Diligence: We'll guide you through the research process, including reviewing Franchise Disclosure Documents and speaking with current franchisees.
Discovery Day: We'll prepare you for meetings with potential franchisors to ensure you ask the right questions and make informed decisions.
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Overcoming Common Concerns
It's natural to have doubts when considering such a significant life change.?
Here are some common concerns we hear:
"I don't have any business experience in this industry."
Many franchisors prefer candidates without industry experience, as they can train you in their specific systems without preconceived notions.
"I can't afford to buy a franchise."
There are franchise opportunities at various investment levels, and numerous financing options are available, including SBA loans and 401(k) rollovers.
"I'm not ready to leave my job yet."
Semi-absentee franchise models allow you to keep your current job while building a business on the side.
Take the First Step Towards Franchise Ownership
Are you ready to explore the possibilities of franchise ownership??
As experienced franchise consultants and successful multi-unit franchisees, we're here to guide you every step of the way.?
Our goal isn't to sell you a franchise – it's to educate you and help you make an informed decision about your future.
Let's start a conversation about your entrepreneurial journey. Book a no-cost, no-obligation exploratory call with us today.?
You can book a free, no obligation call with Mack here and/or a free call with Sharon here.
We'll discuss your goals, answer your questions, and help you determine if franchising is the right path for you!
Ready To Explore Franchising? Let’s Talk!
Mack and Sharon Strange are on a mission as Franchise Consultants to help others go from “Start” to “Success” when it comes to franchise ownership.
If you’re curious about exploring franchising as a career pivot, investment vehicle or lucrative side hustle, let’s talk!
Frequently asked questions (FAQs)
Q: How do I book a call?
A: You can book a free, no obligation call with Mack here and/or a free call with Sharon here.
Q: How much do your services cost??
A: As Franchise Consultants, there’s no fee for our services. We’re compensated by franchisors only if and when you decide to move forward with (and are approved for) franchise ownership.
Q: What do you do??
A: ?Our role is to serve as a trusted guide and educational resource.
Q: Where can I learn more??
A: You can learn more about our story and how YOU can follow in our footsteps via the Franchise Together Podcast.
We look forward to connecting with you soon!