Franchisees who enter franchising from former careers or projects that have now come to an end, or even those who operate their franchise as semi-absentee supervisors with other life obligations, can attest to the value of investing in oneself through business operation.





Comments


Written by lyceum
3344 days ago

Joel: Thanks for your reply. Is the retirement fund the same as your pension fund (IRA)?



Written by lyceum
3344 days ago

Joel: Could you see a historical pattern that people are starting franchises during hard times on the labor market? How do you come up with the money for starting a franchise?



Written by franpro
3344 days ago

Hi Martin, When jobs are scarce, franchising picks up. )(When money is available.) Used to be that folks used the equity in their homes. Can't do that right now. One way people are getting loans is by using their retirement fund--only a portion. JL



Written by BizRock
3350 days ago

Great article! This does give some insights to some self-evaluation. I enjoyed reading this article.Thank you!



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Share your small business tips with the community!
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Share your small business tips with the community!