10 Perks to Your Dream Job as a Franchisee
As a future franchisee, there's much to look forward to. You have a future ahead in a career you've only dreamed about, a wish that can finally come true. But there's more to it than just fulfilling a sought-after job, there are pros that you likely haven't even considered. From growing personally and gaining more insight as a business owner, to being able to spread joy back into your community, there are infinite benefits to becoming a franchisee.
Take a look at this comprehensive list for a better idea of what lies ahead and how you can set yourself up for better business success.
1. The Sense of Accomplishment
This is our favorite perk. And instead of saving the best for last, we're plopping it right here at the beginning where it belongs! Becoming a franchisee is an amazing accomplishment, and one that you can be proud about for years. With your own hard work and efforts, you brought a business model to the area, gave it a location, and you turned it into a career. No other job can give you as much satisfaction as one you created and thrived in upon your own accord. This is a feeling that's addicting, and one you'll strive to take to even higher heights.
2. The Ability for Growth
As a franchisee, your span ends only where you're willing and ready to stop. If a single stop is your goal, that's great! If you're on your way to building an empire, then build on. Besides, there's no timeline for deciding when or how large your goals will become. Stop with one franchise location for now, and then build on later. Or open up several locations and sell to downsize … there's no rhyme or reason, just your own goals toward ongoing growth.
3. Passing Along Your Hard-Earned Skills
It took you years to learn your best business tricks, and they served you well. Rather than forcing others to learn the hard way, teach your workers, family members and more, so they, too, can benefit from your years of work. In the same way that previous bosses or managers allowed you to learn new skills, you can do the same with those who are following in your footsteps. Besides, if they're working for you, more skilled workers is a reality that pushes your brand forward.
4. Providing Income and Services to Others
When customers need you, you're ensuring steady business for your franchise location. However, it's also a point of pride wherein you can fill a need for your local citizens. Similar to the sense of accomplishment in having built your own successful career, you'll work even more diligently to take care of your customer base, offering them better service, more pointed services, and personalized conversations with long term regulars who you get to know and trust.
5. A Flexible Schedule
You're the boss, so take off when you need to and help fill in when you can. There likely won't be set working hours, and this is a perk you've been looking forward to as a franchisee. Learn to love the idea of a flexible schedule where you can attend family events, take days off, and more – all without getting behind at work. Learn to juggle personal responsibilities with your franchise's workload for a way to enjoy your dream job without feeling over worked.
6. Self Growth and Management Mastering
Sure, you're coming into the game as a skilled professional. (And by "game" we of course mean "franchise business".) But no matter what way you look at it, you're coming out with more abilities than when you went in. You're learning every single day. You're taking in new insights, finding ways to better manage your time and efforts, and you're working with others to help them grow in their own positions. Franchise ownership is a career with unlimited expansion opportunities, not just in monetary value, but in continued education and skillset.
7. Coaching Your Business to Success
You are your franchise business's biggest fan. Learn to implement what works and remove what doesn't in order to cut out wasted movements and maximize what's driving the brand. You'll learn this business model as its owner, but when tweaking for positive movements, you'll become a trained master at helping your franchise thrive.
8. Striving Toward Higher Paychecks
Want a raise? Go make it happen! When your paycheck is directly reflected by the amount of work you put into a business, you have even more motivation to up your level of success. No longer are you limited by approval for a raise or finding your own bonus. Alternatively, you can create more funds to put back into the business in order to help it thrive.
9. Learning and Mastering a Business Model
The longer you work as a franchisee, the more you will learn. The more you will be able to offer those same learned traits as a knowledgeable business owner. You can take pride in how you've grown, and remember to strive forward, knowing that every single step you master can and will directly benefit your business.
10. Troubleshooting and Overcoming Obstacles
When you hit a snag, it's up to you to find a viable fix. You learn from said fix and you move forward. In the process, you learned a new aspect about your business and how to deal with X when it arrives. Each time this takes place, you'll become more valuable to your franchise location with more knowhow.
As a skilled franchisee, there's plenty of perks to look forward to. Remember just how much you can expand your growth and learn as a business owner. These abilities will benefit yourself, as well as those around you.
By Bethaney Wallace | Oct 23, 2019 | General Franchise Information