Top 5 Franchise Owning Fears


You may be ambitious and have aspirations which are both personal and work-related. You might have been made redundant, or simply decided that the job you have been doing no longer satisfies your needs.

But it can be daunting to start travelling down a new path – to look for something which meets your idea of work-life balance, and where you can even be your own boss.

Franchising could be a great option for you, particularly if you are focused, customer-driven, organised and ready for a new challenge. But first you might need to overcome some real fears:

  • Money. Whether you are thinking about where to find funding, raising capital, or securing a reliable revenue stream – running out of money is one of the biggest concerns for a new business owner. But there are ways of raising funds such as business grants from the government: do your research and be prepared.
  • Not being good enough. Everyone thinks that they must be the best to be successful, but to start out your product or services just needs to be acceptable and then you can focus on improvements over time.
  • Not being wanted. It is daunting to offer out your skills, services or products for the first time – usually it can takes a while before a business becomes successful. However, planning, marketing, persistence and a great deal of work will pay off.
  • Failure. Anyone starting something completely different for the first time is likely to be beset by a niggling feeling that its all going to go horribly wrong. But it might not! And even the occasional failure need not mean the end of the dream.
  • Becoming overwhelmed. The life of an entrepreneur can be challenging, stressful and time-consuming. But the other side of that coin is that it is your business and you decide how much time and energy you are willing to put into it.

At the Franchise Local 2You Roadshow, we are aiming to allay some of these fears and help you to have the confidence to take that exciting next step. Our franchisors will be delivering a range of talks to give you the benefit of their personal experiences and our team of Mr Franchise experts will be on hand to give you their invaluable advice and support.

To find out how you can discover our Franchise Local 2You showcases, please visit www.franchiselocal2you.co.uk.       


#Franchise #Franchising #entrepreneur #enterprise #franchiselocal #franchiseroadshow #smallbusiness #FranchiseLocal2You #FL2Y #PerfectMatch #Seminars

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