Many new mothers hate the thought of having to go back to work after their maternity leave finishes. Not only do they feel guilty about leaving their child with child minders they worry about missing those important firsts, steps, words and the rest.
Staying at Home is Not an Option
For many part time work is not an option, their wage does not cover the child care costs so many are turning to franchise opportunities to allow them to earn enough to live on but also the flexibility to spend time with their children and fit work in with their child’s needs. While franchise opportunities have a number of advantages they also have a few disadvantages which you need to consider. More information about franchise opportunity can be viewed at www.workingmums.co.uk and this of course will be even more relevant if you happen to live in the UK.
The Advantages
The main advantage is of course that you fit your work around you, your children and your lifestyle. Others include the fact that the ‘parent company’ or franchiser will give you support throughout the term you choose to work, they provide a proven business strategy, training and help you advance if you wish.
They will also give you a brand name and as such you will benefit from their advertising campaigns and they will allow you access to existing suppliers making it easier for you to build up your business to a level you feel comfortable with. On top of all this you are your own boss, you work the hours you want and the way you want. You can also keep your business small or build it up depending upon what you want from it.
The Disadvantages
While this sounds great it is important to remember the disadvantages of franchise opportunities before you commit to one. The main one people come across is the fact that the cost of buying a franchise maybe higher than they first thought. After buying the initial franchise you pay management service fees and any profits you make are shared with the franchiser.
Many franchisers also place certain restrictions on how you can run the business meaning it might not be possible to adapt your strategy to the local market. While you maybe safe working for a big business it is not uncommon for them to go out of business leaving you with no job at a moment’s notice, although the same could be said for any job.
Have you ever considered operating a franchise? Why or why not?
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