In times of economic hardship or uncertainty, it is only natural to question your future. When you don’t know what difficulties lie ahead or what the next year or five years may bring, it can be hard to feel in control of your own destiny. But even in difficult economic times, being your own boss can help put you back in the driver’s seat of your life. As a business owner, your future can be very much what you make of it. This is especially true if you choose franchising over starting a business from scratch. There are many clear advantages to franchising, all of which may help you gain control of your future.


You may be wondering why so many people choose franchising. Perhaps the best reason to start a franchise business is the high degree of stability it may offer. As an employee, your work and career are completely at the mercy of how well your company is doing. History has shown that big employers rarely hesitate to start cutting jobs when things get tight. This can lead to a sudden loss of employment and financial hardship during economic downturns. But starting your own business from scratch can have similar unexpected results, especially if you are new to the industry or trying to build everything, from your business model to your advertising, from the ground up.


Not Starting a Business from Scratch

Compare such situations with owning a franchise business. There are many good reasons to choose a franchise business, instead of starting a business from scratch. For example, rather than spend your time trying to create something from nothing, a franchise opportunity is focused on helping you learn how to apply proven business models and systems. There is no need to struggle with how to organize your operations or to scramble to find helpful resources.

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Franchise Owner Training and Support

Owning any business is a challenging adventure. But it is not one that you need to undertake alone. When you choose to own a franchise business, you have access to comprehensive training and support systems that can keep your business growing,. According to industry research, franchise businesses are much more likely to succeed than other start-up businesses are. What is more, franchise owners are becoming more and more diverse every day, with increasing numbers of women and veterans joining the ranks of business owners each year. Clearly, these individuals have recognized the staying power that franchise opportunities can provide.


Control Your Future

Along with staying power and stability, there are a number of personal benefits that come with starting a franchise business. When you feel that you are in control of not only your own business, but your future, you can more confidently make your way through troubled times. As a business owner, you know that your success depends wholly on what you do each day. That can be incredibly motivating and help propel you toward success. As your business grows, so too will your sense of accomplishment. Few things can give you as much control over your future than owning a successful business. And few businesses are better suited to helping you succeed than a franchise business.

Free eBook - Franchising a Path to Your Future

When you want to choose a franchise business that can help you control your future, you need to look no further than Neighborly’s family of franchise brands. Our home service franchises provide a wide range of services that allow you to chart your own path. Visit our website to learn more about Neighborly brands and check out our unique franchise opportunities, or contact us to speak directly to a franchise advisor.

Photo by John-Mark Smith on Unsplash

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Whether you want to achieve your professional goals by starting your first business or have the flexibility to be your own boss, Neighborly® is ready to help you build a legacy in the home services industry.