Working for someone else generally means that they have the power over what you do, what you earn, your benefits, and even your job security. Through employment contracts and negotiating, many people happily find their place in the work world as an employee. For entrepreneurial-inclined people, however, the desire to own a business and be their own boss is THE goal. If you find yourself in that camp, you’re not alone. In fact, being your own boss is the number one reason for pursuing business ownership.
What the experts know
For those focused on the business of business, the top three reasons for business ownership as identified by Franchise Ventures remain consistent. For franchise business opportunities and startup small businesses, industry watchdogs, business coaches, and professional mentors unequivocally agree on key business ownership motivations.
- The Franchise King, Joe Libava, teaches people interested in franchising exactly how to successfully find and buy the right franchise. His top three reasons people buy a franchise are: 1) Avoid dysfunctional (crazy) bosses; 2) The desire to create equity; and 3) A desire for more freedom.
- Entrepreneur.com lists their top three reasons people become entrepreneurs: 1) Their creativity doesn’t fit the corporate environment; 2) Want a lifestyle that isn’t bound to nine to five; and 3) Passionate about learning.
- A recent Cox Business small business survey revealed that most business owners want to be their own boss and build something of their own.
What does being your own boss look like?
Being the boss does offer many benefits, including encompassing reasons two and three—income potential and lifestyle rewards. Business ownership is a package deal of perks and responsibilities that requires passion and commitment to go the distance to success. Here is what being your own boss as an independent franchise business owner with Home Franchise Concepts (HFC) would look like in the day-to-day work world.
- Create a work schedule that best fits your needs with days off, nights off, even weekends; you control your hours.
- Develop a work/life balance that lets you enjoy the life you want; never miss a vacation again.
- Build a team of like-minded employees, work with your spouse or other family members.
- Grow your business as big as you want with multiple salespeople, designers, and installation crews, including owning multiple territories.
- Do the part you love, like design and selling, and hire installers and office admin, or run the business end and oversee sales and installation teams.
- Be the kind of boss you would support and appreciate.
- Establish incentive programs to encourage your employees.
- The sky’s the limit on income; you directly benefit from your hard work.
- Secure your financial future—savings, college funds, and a retirement nest egg.
- Have more time to spend with family and friends.
- Become who you want to be; realize your full career potential.
Freedom to do business your way
An additional benefit to being the boss is that you can develop a work culture that is fulfilling personally and professionally—a desirable lifestyle reward. Along with vacations and time off, many of our franchise owners have discovered they love the option to give back to their communities through business affiliations and initiatives, giving meaning and satisfaction to their efforts beyond just an income. David Alvarado, franchise owner of Tailored Living of Boulder, CO, exercised all the freedom of being his own boss with a recent project. He installed a PremierOne® epoxy garage floor for 90-something-year-old WWII Veteran, John Dean, and definitely did it his way, offering discounts and extra perks, turning a job into an adventure and a client into a friend.
“I just finished up the floor for John and Lucy Dean in Thornton, Colorado. John saw a neighbor’s floor, installed five years ago, and he’s been saving up for this floor ever since. I moved some jobs around and did some painting for him in order to have it done before the 4th of July. He loved hanging out and watching us work, talking to me briefly about some of his time in the Army. He still hops in his Subaru and cruises to McDonalds every day for coffee and tries to play a few holes of golf every now and then. We cranked a little Johnny Cash for him as we worked, after he said he listened to country. I gave him my special WWII-Vet-Half-Off-Deal, and also made a deal with him for baseboard, a chair rail, and some battleship gray paint on the walls; my payment for this would be for me to share a little R & R and a cold Budweiser on his porch. It took some extra time and cost but was worth every minute and every penny!”
Start a bright, new future today
If your current job or career is not giving you what you need financially or personally, you can change your world by becoming an independent franchise business owner with any of the HFC brands–Budget Blinds®, Tailored Living®, Concrete Craft®, and AdvantaClean®. You can build a business that meets your professional needs, gives the freedom to live the lifestyle you desire, and lets you determine your income (not somebody else). Call 1-800-420-5374 today or go online to Home Franchise Concepts and learn more about franchise ownership with HFC and how you can fulfill the dream of being your own boss. Check out each of the HFC brands and see which one may be calling your name!
- Budget Blinds – beautify homes and businesses with custom window coverings, including blinds, shades, shutters and drapery styles that bring high-quality functionality into any setting.
- Tailored Living – create calm out of chaos with whole home organization and innovative storage solutions for home or business at the right price for every budget.
- Concrete Craft – concrete repair and restoration with concrete overlays and custom decorative concrete staining, stamping and resurfacing for indoor and outdoor concrete surfaces.
- AdvantaClean – improve quality of life with cleaner environments through restoration services; mold removal and remediation, water damage restoration, Radon testing, and air duct cleaning.