The Franchise King®

Popular Reasons For Buying a Franchise (Part 2)

In Part 1 of this franchise series, I wrote that “travel burnout” was one pretty popular reason that folks tell me they wanted to move away from a corporate job, and move towards becoming their own boss.

Here’s Part 1, in case you missed it. It’s a quick read.

(This post may contain affiliate links. Please read my disclosure policy).

Now I’m going to share another popular reason for buying a franchise, and this one won’t be a surprise. At all.


Freedom.

I hope you enjoyed that little music break. Now, about that “freedom” thing…

Even though the business model of franchising doesn’t allow total freedom, it certainly allows more freedom than being chained to a desk somewhere in the corporate world.

The question is this;

If you’re going to be chained to a desk, or making sales calls all day, or managing employees, would you rather that it be;

  • At Your desk
  • Making Sales calls for Your company
  • Managing Your employees

Another way to look at this issue of “wanting more freedom,” has to do with your time.



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For example, if you end up becoming a franchise owner of a *retail establishment, once your franchise business gets up and running, will you be able to come and go as you please? Maybe. (Hint; if you want that kind of freedom, put in on your list of important criteria that would make you want to look at specific franchises that fall under your criteria…in this case, freedom-flexibility.)

(Part of the franchise selection process must include specific criteria…your specific criteria. I show you how to define your personal criteria in my “How To Carefully Select a Franchise” guide.)
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“Joel,I just want some freedom in my life
!”

It’s a popular statement heard during my franchise consults. Lots of folks that come to me for guidance are really sick of “working for the man.” More and more people are being asked to do more and more things, for the same amount of money. It’s simple; as corporations continue to downsize, someone has to pick up the slack. Does that hit close to home?

I’ve seen what good franchise choices, combined with proper franchise research can do. I love watching folks excel as franchise owners. They are able to have a certain amount of freedom.


But Not Fast Enough

Getting to that “freedom point” as a franchise owner may not happen fast enough for you. Patience is required.

It may take a while for you to find employees that are good enough (and committed enough) to be able to step up to the plate and take care of your business, so you can have that freedom that you so strongly desire. But it can be done. Just commit to it.

If you have a business with no employees, allowing technology to assist you, can enable you to have some freedom, too. There are companies that can help you with automation.

If you’re looking to move away from your corporate job because you want more freedom, owning a franchise may be the ticket.

Crown Jewels

There are a couple of hidden jewels in this post.

(Here’s Part 3)

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel Wrote The Book
Joel literally wrote the book on becoming a franchise owner. He is very knowledgeable (and very forthcoming) about the ins and outs of buying into a franchise system. I recommend Joel for concrete advice on evaluating the business end of franchise opportunities ."
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