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

When she isn’t drowning in a pile of never-ending laundry or picking up Legos, Jesica is busy helping other parents make their lives a little less stressful with homemaking hacks, easy recipes, fun DIY projects, and more. On her successful blog, The Mommy Bunch, her Cricut crafting tutorials are the most popular articles and are what sparked her passion for helping others build a business of their own. Jesica started rockyourcraft.com where you can find loads more craft tutorials and business advice. In her FREE Facebook group, Rock Your Craft Business, Jesica teaches other entrepreneurs how to take their craft business to the next level by building their brand, targeting the right customers, and utilizing smart social media strategies. Join us!

jesicaj1 has 1718 posts and counting.See all posts by jesicaj1

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

  • November 6, 2013 at 5:32 am
    Permalink
    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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