Thinking about Starting a Business? Have you thought about Franchising? #franchising

This post is brought to you by Supercuts. The Mommy Bunch received compensation for this post, however, all opinions are our own.

As a business owner I thought long and hard about the pros and cons of starting my own business before I took the leap into it (yes, my blog is considered my business and is an LLC). Starting a business isn’t something that most people take lightly, and I even enlisted the help of an attorney when I took the plunge (much less expensive than I would have thought).

If you have been considering starting a business, either because you are dissatisfied with your current working situation, or you just want a chance to be your own boss, starting a franchise might be a great way to go!

Starting a Franchise can be easier than you think! Here is one success story:

So who is looking to start a business?

1000 People with a net worth of over $200,000 were surveyed in an independent Survey done by Supercuts and here are the results:
  • 56% are planning on opening or starting a business in the next 12-18 months. (Either alone or with a partner.)
  • 25% are females looking to start their own business.
  • 56% looking to start a business are planning on having a business partner.
  • 31% of the people looking to start a business are planning on going into business with a spouse or domestic partner. (That’s roughly 10% of all respondents.)
  • 30% of respondents looking to start a business are going into business with a friend and 26% are going into business with a colleague.
  • Females are more likely to go into business with a spouse or domestic partner than males.
  • How are business partners likely to be related? Here’s a handy dandy chart:

business chart

 

So tell us….

Have you ever thought about starting your own business?  Have you thought about franchising or would you like to do something else?

 

Jesica H

My name is Jesica and I'm happy to 'meet' you! I'm just living life and loving every minute of it! I try to not let things hold me down or hold me back, I just live! Here at The Mommy Bunch, I offer solid advice on all things parenting, household, and living life as a working mom.

One thought on “Thinking about Starting a Business? Have you thought about Franchising? #franchising

  • November 6, 2013 at 5:32 am
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    I’ve never thought about my own business, but I applaud those that have their own. It’s a lot of hard work, but the sky is the limit!

    Reply

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