Is Your New Year's Resolution to Be Your Own Boss? Why Not Consider Franchising?
The holidays are quickly approaching, which means one important thing: it's time to make your New Year's resolutions. The beginning of a new year is a great time to get refocused on what your aspirations are, set new goals for yourself, and start down and a fresh and exciting path.
If one goal you have for yourself is to become your own boss, then the start of a new year is a great time to do just that -- and if you do, you won't be alone. Studies show that 41% of all Americans make New Year's resolutions, and 4% of those resolutions have to do with setting up a new and improved work situation.
One great way to become your own boss in the new year is by opening a franchise. By franchising, you can take a step towards creating a professional situation that you're in control of -- and one that you can build and grow. Here are some reasons to consider franchising as one of your new year's resolutions.
Energy and Fresh Mindset
According to experts, the best time to start a new business is when you have the proper time and energy to devote to it. So by starting a franchise at the start of the new year, you can work on your endeavor with the holidays behind you and a fresh year ahead. The first of the year is a good psychological demarcation for starting something new, so you can take advantage of good timing and renewed mental and physical energy by opening a franchise as the calendar year begins.
Support and Independence
One of the best reasons to consider franchising at the start of a New Year is that you can take advantage of the independence provided by running your own business -- while at the same time relying on the support of regional offices or larger corporate structures. Becoming your own boss comes along with plenty of challenges and lots of overwhelming moments, so when you decide to franchise, you can both learn to navigate as an employer and business owner -- and rely on the security of having extra support available to you.
Studies have shown that time and time again, franchising is a dependable way to find financial success. In fact, the revenue generated from franchise establishments makes up more than a third of all U.S. retail sales. Because franchising is a smart financial choice, it's also a smart move if you want to start your own business. Not only will you be able to take advantage of freedoms like setting your own hours and picking your own team to work with, you can also reap the benefits of running a company that has been proven to make money.