Many franchisees come from corporate careers. They decide to start their own business after being dissatisfied with the rat race and bored of working for someone else's dream.
With so many success stories of people transitioning from the cubicle to business ownership, it raises the question:
How do you know when to leave your corporate position and invest in a franchise?
Actually, you don't have to give up your day job to become a franchise owner. Not every franchise model requires the presence of a franchisee at all times. Instead, many businesses merely need a semi-absentee owner with a reduced time commitment to work on the business.
Essentially, a semi-absentee franchise is a business model that an individual can start and operate on the side while simultaneously having another job, compared to a full-time business that requires complete effort and constant presence.
Once the business is up and running, the semi-absentee franchise owner typically spends 10-25 hours per week working on their business.
There are a ton of available franchise opportunities. Whether the franchise is a brick-and-mortar store, home-based, mobile, or vending/kiosk, it’s important to make sure that whatever concept you invest in fits your overall long-term strategy, ability, and time availability.
Dreaming of becoming an entrepreneur may make you want to quit your current job, but you don’t have to. With a semi-absentee franchise model, you can still work your 9 to 5 job and explore a career path as a business owner that offers many opportunities.
If you are ready to explore a path to business ownership, please schedule a quick call here.