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Being your own boss has many advantages and most of them are actually quite obvious.
For instance, if you are self-employed, it is likely that you will set your own schedule. Not only that, it is also probable that you will get the final say on most of the key decisions.
Franchises are a popular way for entrepreneurs to step into the world of business, as this way often offers some guidance and help to the first-time business owner.
We have listed some of the obvious advantages to owning your own business above - below are some less obvious comforts that come with becoming a business owner.
Create employment in the local community
Franchises are a huge source of employment and if you become a franchisee, it is likely that you will become a creator of jobs. Thus, you can help others in a way you may not have thought of, such as helping someone's career or simply by providing a young person with the means to be independent.
If this is a route you take, you aren't only helping your own career, you are assisting others on their workplace journey.
No limit to your career progression
As an employee, there are only so many promotions you can get and there is only so high you can go. After all, it's not your business, so it is unlikely you will ever be getting a share of the profits.
There are far less limitations as a business owner and that very often leads to a much higher level of motivation for the person involved.
Hands-on experience
As an employee, more often than not you will be given a job or an area where you are expected to work. Most of the time, your job title will determine what your day-to-day tasks are.
However, if you are a business owner who has taken advantage of a franchise opportunity, it is much more likely that you will have to work in several areas and gain hands-on experience doing tasks you never thought you would work on.
As the person running the business, you are directly invested in ensuring every element is a success.
Sense of achievement
Being part of a top team is great, but leading a group to business success is even better. Seeing your business reap the rewards from the decisions you have made is a feeling that is hard to compete with.
There are many entrepreneurs who feel more suited to owning a business, than they do working for a boss. These people find their motivation is far greater when they are the leader, rather than the follower.
Helps build confidence
Having the courage to step into the business world and become your own boss can be surprisingly invigorating. It is a feeling that can help build confidence and give you a sense of achievement; after all, it takes a certain level of bravery to become an entrepreneur.
Being your own boss is full of little perks and those are just a few of them.
If your interest has been peaked and you are considering buying a franchise and becoming an entrepreneur, then you can view a full list of our available businesses here.