This is possibly a burning question as you consider different options, especially if what you are currently doing is not rewarding and want to do something else. What are your options? Do you find a new job, stay in your current position, or move into business ownership? As you look for answers to this question I suggest there may be many suggestions from those around you. Ultimately, the final answer will come from you and you alone. Deciding if business ownership is right for you includes many emotions and motivations. These may include:
- No more layoffs
- Having control of your work and personal life
- Having balance with work, family, and friends
- Financial security
- Personal fulfilment
- Success
- Creating and building something
- Contributing to the community
- involvement
- company politics
- Less frustration and job stress
- Getting away from the corporate life
Perhaps I forgot the most important motivation - money. I think a major reason most people enter business ownership is because they believe they can make more money than what they currently earn and perhaps what they will earn in the foreseeable future. What's interesting is that according to the book, the Millionaire Next Door, five out of six millionaires earn their fortunes through business ownership.
How else do I decide?
Part of the purpose of this guide is to take you through the decision-making process so you can decide if buying a franchise makes sense to you We'll explain shortly how I use a consultative process to go through franchise ownership options to help you understand the buying process, determine what's important to you, and work through your options so you arrive at the decision that makes sense for you. Notice I said "arriving at the decision that makes sense for you." That's the purpose of this guide or workbook and that is, allowing you to arrive at the decision that makes sense to you. Not your spouse. Not your parents, family, best friend, neighbour, accountant mentor, coach, consultant, or advisor... but YOU. ....