How to conquer 4 common fears about business ownership

If you dream of being your own boss, you’re in good company. According to a recent study, 62% of Americans want to make their dream of business ownership a reality. However, only a portion of those people actually follow through. What holds people back? Here are 4 common fears—and the reasons why you can dismiss them if you focus on franchise ownership.

• Financial concerns. A franchise is more affordable than you might think. There are plenty of successful franchise businesses out there that require an all-in investment of less than $100k.

• Lack of financing options. Loans are actually quite easy to access for franchise concepts that have a proven track record. Banks know that franchises are lower-risk investments.

• Fear of failure. Aligning with a franchise is a great way to mitigate the inherent risk of business ownership. You start with a system and brand that’s already tested and established. Plus, the franchisor provides you with training, support, marketing strategies, and technology to make your operations efficient.

• Lack of confidence. Believe in yourself and you’re halfway there. Work with me to explore your options and we’ll look at companies where the franchisees are thriving. If they can succeed by executing the franchisor’s proven business model, you can too.

If you’ve been dreaming of owning a business, take the first step and schedule a 15-minute call with me. Make 2020 the year that you realize that dream. It’s all within your reach, right now.