- Written by Leslie Sea
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I remember when i first decided to go in business for myself. It was actually a “joint” decision, but I knew as I heard the words coming out of my mouth in agreement that it was not really joint in the pure sense. I knew I was accepting a venture that would be 95% driven by me.
Where do you start? Who do you turn to? How? How? How? The questions whirled! Calm down, I told myself. Take a breath….it’ll be fine. Gulp!
I took on a home-based business which was a franchise of sorts. It was a bit unusual as there were no huge down-payments of franchise fees. No balloon payment at the end either. It came with a “handbook” which turned out to be an invaluable tool. I was lucky. A franchise can be a safe venture in that there is a guideline and if you follow it you will be successful. If this is the route you want to take, just do your homework. Not all franchises are alike. Be sure of what you’re getting for that big initial investment. Know what is your responsibility and what the franchise seller’s obligations are. There are NEVER too many questions when it comes to buying into a franchise. If the parent company is giving you the run around……..be suspicious. Don’t be afraid to ask the hard questions and if you aren’t getting the answers you need or want…….don’t be afraid to break it off. You will always be your own best advocate.
I never intended to be in business for myself. It can be rewarding but it’s certainly not for the faint of heart. The smaller the business the bigger the reward, right? Well you would think! Sometimes it’s true, but more often times the only thing that seems to grow is the overwhelming feeling you’re drowning. The workload grows….. the time challenges grow…… your fatigue grows.
But (there always is one) if you take your time, make a good solid choices that are well thought out, and form a network of support it can be the best and most rewarding decision of your life.