Owning Franchise

What most people who have a 9-to-5 job and collect a paycheck, a pension, and have all kinds of benefits, don't understand is that running your own business takes a lot of personal sacrifice. It's not like you can just pack up at the end of the day when five clock hits and go home and not worry about anything.

Indeed, the small business owner whether it's a franchise or not has to worry about every single detail of their business operations. Just because you buy a franchise doesn't mean you will be alleviated from the personal sacrifice and hardships that it takes to run a small business.

Sometimes it makes sense to do quite a bit of soul-searching to see if you have the right personality type, or if you can handle it. Now, if you have a family it's not just about you and the sacrifices you make in your personal life, but it will also impact your family, sometimes adversely and this can be a real problem.

If you have young children or teenagers at home you may not wish to allow them to run free when you are away working 12 to 15 hours each day. This is not to say that building up a franchise outlet cannot be one of the most rewarding experiences of your life, and add to your eventual financial freedom, as profits increase and you grow your business.

It is well-known that McDonald Corporation has made over 17,000 millionaires out of their franchisee owners. Still, this is not always the case if you do not sacrifice yourself or if you are not willing to work harder than you do at your 9-to-5 job then chances are you'd be better off financially just staying at that job and collecting your paycheck. I hope you will please consider this and the reality of franchising.

Lance Winslow is a retired franchisor - Lance Winslow's Bio Lance Winslow is formerly the CEO of WashGuys family of franchises for instance one of Lance Winslow's favorite companies on the team; http://www.windowwashguys.com/links.shtml.

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