HIRE YOURSELF Blog

Start Small or Go Big: 4 Models for Owning a Franchise

Posted by Pete Gilfillan on Jul 16, 2018 11:50:00 AM

Classic comedian Milton Berle once quipped, “If opportunity doesn’t knock, build a door.” In a nutshell, that’s what many aspiring entrepreneurs are looking to do. Owning a franchise is a great way to start the process!

Becoming an entrepreneur through franchising offers many different ways to build that door, depending on whether you want to gradually build a bridge from your corporate job while still working or whether you’re ready to go all-in right away.

Quick Download: Finding the Right Franchise Quick Sheet

For example, I recently worked with a candidate who already owns a business in one industry. He wanted to diversify his investments, and told me he could set aside 10 to 15 hours a week to give to a second business. We were able to find a perfect opportunity for him in a fitness franchise—one that allowed him to add his new business to his existing schedule, rather than trade one for the other. We can even find franchise resale opportunities that will decrease your time to open doors.

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Topics: Franchise, entrepreneurship

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