Going from employee to employer is a huge step in your life and one you’re not taking lightly.

But you have the goods to make it happen. You can feel it.

You’ve spent your time in the trenches and you know it’s time to move on to your own business. But finding that “right” business idea just isn’t easy. There’s so much competition out there and you’re not sure how you can make it as a sole proprietorship. And you’re worried that you’ll sink your life savings into something that could fail and leave you with nothing later in life when you need it most.

You’ve thought about franchising.

But, that can be a scary concept. There are all sorts of misconceptions out there about franchising, as well as franchises that aren’t a good fit for your goals and ideals.

But then there are others that ARE a good fit. That do align with what you want to be when you grow up. Now you just need to decide which is right for you: Proprietorship or Franchisee.

The Benefits of Franchising

1. Trusted name

When you open a franchise, whether it’s Tutor Doctor or another international franchise with a proven track record, you have the benefit of a well-known name behind you. Opening on your own means you’ll struggle with getting your name out there and in front of people. But big name companies have a reputation that you don’t have to fight for. They’ve already done the work for you.

2. Support

When you’re going from employee to employer, knowing what you need to do to be successful isn’t always second nature. So you need the support that franchising usually offers. Because they are vested in your success, they make sure you understand marketing, bookkeeping, and all the ins and outs involved in running a successful business. On your own, you may miss one of those big steps and end up struggling, or possibly even losing, because of it.

3. Proven business model

With franchises, you get to choose your business model. You may like the restaurant business and the crazy hours that goes with owning a franchised restaurant. Or you may want something more laid back. Something more of a lifestyle enterprise, one that lets you spend more time with family and work from home the way Tutor Doctor does.

4. Ideals

There are loads of questionable franchises out there. And just because something fits your overhead budget (or lack thereof, like Tutor Doctor, who has no inventory or brick and mortar requirements), doesn’t mean it’s a good fit for what you want from your life. For example, selling lottery ticket vending machines may have your conscience screaming at you at two in the morning. But giving struggling students confidence and a passion for learning might have the opposite effect.

5. Tools at your disposal

When you choose to franchise, you have the power of marketing and tools behind you that you don’t have when you try to go it alone. And those tools? Can mean the difference between success and failure. With a franchise, you’ll have everything you need to become the successful owner you know you can be, and more.

The beauty of franchising is you get to choose what you want to do with your life. You get to choose the right franchise for your lifestyle, your goals, and your budget.

Choose a franchise that let’s you work when you want to work, play when you want to play, and has an overhead you can afford.