Redundancies are more common than ever, but parting ways with the traditional nine-to-five lifestyle doesn’t have to be the end-all of a career.
With the UK unemployment rate still at a high 8.1 percent, recessionary times are driving an increasing number of former corporate employees toward entrepreneurship.
The period following a lay-off should be a time of reflection and acceptance, and most importantly a time to contemplate your next career goals.
While some people see redundancy as a major setback, many others seize the moment as an opportunity to go out on their own for the first time and start up their very own business. Starting a business is a great way to try something new and immerse yourself in interests you never had the opportunity to pursue in the past.
The many perks of starting a business under a franchise umbrella drive thousands of first-time business owners to franchised companies each year. Franchise systems offer entrepreneurs a chance to go out on their own and be responsible for their own success. The power of having the ability to shape your own success and financial future stands in sharp contrast to the corporate work life, where job security can no longer be expected in modern times.
Fears about going out on your own for the first time are normal. But with a franchise, there’s comfort in knowing there’s a proven business model already in place, which creates less risk than starting a business from the ground up. Furthermore, a franchise system’s network of business owners and the ongoing support lent by the corporate office means you’re never alone.
Many people who have been made redundant and consider opening a business as their next career move may think they don’t have the experience it takes to run a successful business. But the truth is that many skills learned in the corporate world can be directly applied to business ownership. People skills, networking experience, customer service and leadership are all qualities that help contribute to successful business ownership.
Turning redundancy into an opportunity is a decision many former corporate employees make when they decide to take on the reins of their careers themselves. When you own a franchised business you run more than just a piece of the company—you also have full ownership of your career, life and future. And that can be an amazing and tremendously freeing feeling.
The search for the right franchise can seem overwhelming since there are almost a thousand franchise concepts to choose from in the UK. Meeting with a franchise consultant can help narrow down the list of possibilities to find the franchise system that best suits your goals and personality best.
To learn how the MatchPoint Franchise Consulting Network system can help you meet your business and personal goals submit the form below.