Balancing the Personal and Professional Why Owning a Franchise Makes Sense
Balancing personal and professional obligations isn’t easy for anyone: it’s an ongoing problem for independent business owners and franchisees alike. Nothing demands more of our attention than our family and our business, yet they’re often mutually dependent. If your personal life is in shambles, your professional performance will suffer -- and vice versa.
So how do you balance your personal life with your professional ambition? Or is that a little like asking to have your cake and eat it too?
In this post, we share some simple tips to improve your personal and professional well-being, and look at why owning a franchise makes it easier to find your balance.
Find Your Balance – Owning a Franchise
Opening a business on your own is a tremendous challenge, which makes the balance of your personal and professional lives even harder to achieve.
Beyond developing the skills required to offer professional-level products and services, independent business owners need to be a kind of gestalt; to stay competitive, they must learn how to balance budgets, interact with customers, maintain properties and equipment, research market trends and new technologies, lead marketing initiatives, and more. They have to do it all and be it all.
If they don’t want to take the time to juggle these different components, then they need to start paying other people to do it. Overhead costs explode before they’ve even opened their doors, and they haven’t drummed up a customer or single iota of brand reputation in this locality yet.
Put yourself in their shoes: opening a business on your own, with no support system or people there to guide you, and bills racking up before you’ve even opened your doors. Your only way out is to put your nose to the grindstone, which usually means disregarding your personal life for a while. Many independent business owners are often consumed by their businesses for the first decade of operation. It’s not until they’re established years later that they’re able to give time back to their families.
Owning a franchise is much different. It’s much easier to find the balance between personal and professional when your grand opening is streamlined through a system that franchise family members have polished over the years. A franchise system lets you cut the fat on training, location hunting, marketing, and R&D, and allows you to walk right into a brand reputation they’ve built themselves. You start making money sooner, and get a clear 5, 10, or 15-year plan laid out with projected expenses and industry trends, further alleviating any fear of the unknown that may keep you up at night and detract from your family life. Stress may seem to melt away when you know you have a huge franchise family support system behind you to advise you on best practices or troubleshoot problems as they arise.
When you work with FranNet, you will set yourself up for success finding this balance of personal and professional from day one. We find our clients the perfect franchise fit, taking into account your skills, assets, family obligations, and how much time you’re willing to allocate to owning a franchise. In doing so, we’re able to make the best franchise recommendations, giving you intuitive work that builds off of your strength, rather than consuming your time by forcing you to shore up weaknesses.
You can learn more about owning a franchise through the FranNet team. Visit http://frannet.ca/home/ to learn more.
About FranNet Canada
FranNet is a 29-year-old company with roots in the U.S. Its purpose being to nurture every entrepreneur’s dream of business ownership. We actively employ a specific profiling and consultation method. This method is geared to each investor with a specific business model and based on franchise trends typically found in Toronto, Ontario, Vancouver, British Columbia, or Calgary, Alberta. The most lucrative Canadian franchise opportunities are waiting for you. For more details visit - http://frannet.ca/buy-a-franchise/canada-franchise-buying-process/
