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“HORN†In On Franchise / Business Ownership

…a monthly post with blurbs, links, and other words-of-wisdom

regarding self-employment; career transition;

and franchise / business ownership;

as well as information for business owners

who may be interested in franchising their business.

 

OCTOBER 2015

 

ENTREPRENEURSHIP

Is Living A Few Years Of Your

Life Like Most People Won’t,

So That You Can Spend The

Rest Of Your Life Like

Most People Can’t.

                  -Unknown-

 

Are You Ready To Become A Butcher, Baker, or Candle Stick Maker...

 

Do you have the perfect job, wonderful life, everything you want?  If so, do you have a back-up plan if the unthinkable happens?  What would you do if you unexpectedly lost your job? Is your job really that secure or safe?  Many employment / career experts believe there is no security, except that which you create for yourself.  Or, this scenario…you have a job, but would prefer to have a LIFE.  And, are wondering if you can continue to do what you are doing now, at the same intensity that you are doing it, for the next 10, 20, or 30 years. 

 

As the 21st century job market continues to constrict, working people are retooling their vision of how they will make a living in the years to come. This is driving young people, mid-career types, those who are transitioning out of corporate America jobs, as well as stay-at-home mothers who would like to go back to work, to pursue small business ownership as the career of choice. Creating your own job is the new path job security.

 

As people seek business opportunities, it is important that they pursue options based on the right criteria. Too often, people that are new to the process of exploring business ownership may think they know what they want before they are aware of what is available, as well as the options that align with their goals, lifestyle needs and financial parameters. As children, we may have wanted to pursue a career as a fireman or a pilot. Both of these jobs sound pretty cool, but the interest is based on both a limited knowledge of career options and little or no consideration of other life goals such as where you will live, if you will have a family of your own and what type of skills or training will be required. When searching for a business, we need to carefully define the things that are important to us such as personal / professional interests, lifestyle needs and financial goals while being realistic about our unique competencies.

 

Another important consideration that defines our options is our investment capability. This is typically defined through consideration of our net worth and our available cash or liquidity. A good rule of thumb is that you need about 30% of the total that you will invest in liquid funds and then you can finance the other 70%, provided you have remaining assets to collateralize the loan. I generally recommend that people not put more than half of their net worth at risk. This is a prudent guideline and while sometimes it leaves people with options that don't fit their original vision, it is better to start small than to be over extended when starting a business. Your first business doesn't have to be forever and you can transition into a business that requires more capital later, when you have the resources and experience to do it properly.

 

Finding the right entry point can launch you on a very rewarding career as a business owner and allow you to perform at your best level. The good news is that today there are more business models available to choose from than ever before, so choose wisely and don't be afraid to ask for assistance from a qualified advisor / coach.

 

Remember, a window of opportunity won’t open itself…

 

*********************************************************************************************************************

Today, many people dread going to work.  It is estimated that as many as 80% of the working population is dissatisfied with their jobs.  For these folks, going to work is a chore.   Did you know the average person will spend over 90,000 hours at work over their lifetime?   Wow, that’s a long time to be unhappy. 

 

Oliver Wendell Holmes once said, “The great thing in this world is not so much where you stand, as in what direction you are moving.†Are you allowing your professional life to wander aimlessly, or stand still? Do you dislike your corporate job, but don’t know how to find your real niche in life? Maybe you are ready for a change, ready to live life to its fullest or ready to take control of your future. Can you continue to do what you are doing now at the same intensity for the next 10, 20, or 30 years? Do you really want to? Perhaps you have the perfect job and perfect life, but do you have a back-up plan if the unthinkable happens? There is no security, except what you create for yourself. Owning your own business may provide the opportunity for you to reach your goals. Buying a franchise has proven to be a great vehicle for thousands of people to effectively transition into a new industry and self-employment with an improved quality of life, while becoming a master of their destiny.

 

Believing In Yourself Is The First Secret To Success.

 

The 3 C's of life: Choices, Chances, Changes. 

You must make a Choice to take a Chance, or your life will never Change.

How long have you DREAMED of having your OWN business - work for YOURSELF!

 

Every year, thousands of people dream of owning a business and are drawn to the independence, flexibility and freedom of being self-employed. The job market as we have known it continues to change, so people are retooling their vision of how they will make a living in the years to come. This is driving people of all ages and career types to pursue self-employment options, including small business ownership as the “new†career of choice. Today, creating your own job has become the new path to job security. 

 

Do you have an entrepreneurial spirit? Are you thinking about exploring your self-employment... business / franchise ownership dream? If so, contact me. There is no obligation and there is never a cost for my service. You have nothing to lose, except perhaps "that opportunity" that is just for you.

 

Would this scenario be of interest and value to you…a process where you receive assistance to help you better identify your goals, financial requirements, lifestyle needs and what you would like for your work-life to look like; then provided information on self-employment options and guidance on exploring these opportunities within the confines of a safe and no-obligation environment?

 

Small / medium size business owners:

Would you like to grow your business by franchising.

 

Don't Just Change Your Curtains... Change Your View. I DidMy Story

 

Franchise Opportunity Knocks

Self-employment Beckons

Start answering the call right here.

News you can use to help you find

The right franchise / business opportunity for you.

 

September Newsletter is available for viewing by clicking on the link below:

 

FranchiseQuestLibrary September 2015.pdf

 

Featured Concepts...Franchises; and Business Opportunities

 

Note:  This month's newsletter; 2015 newsletters; as well as copies of 2014 newsletters can be viewed by going to the Franchise Quest Website.  Click on the Website link below, or go to: 

www.franchise-quest.com.

 

Resource Center> Newsletter

 

Subscribe to Newsletter...Submit Subscription Form

 

$1,000 Referral Bonus $1,000

 

Additional Information Is Available at Franchise Quest

 

If you would like to visit, please don’t be shy about reaching out…

I’m a coach, not a sales person.

 

Hook 'em.

Larry S. Powell
Franchise Quest
210-479-2491
Outside San Antonio: 888-479-2491
franchisequest@sbcglobal.net
Skype: franchisequest

 
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