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Thursday, March 19, 2015

Do Families and Franchises Mix?





Making the decision to become a franchise owner isn't the same thing as deciding to start a new job. While there can definitely be an overlap between the skills used as a franchise owner and those required by a job, becoming an owner signals a much bigger transition.

Because going down this path marks a major milestone in anyone's career, it's important to take everything into account. From the outlook you have for your future to what you expect in terms of daily quality of life, franchise ownership is not something you want to rush into doing. Instead, this possibility is the perfect opportunity to take a step back and look at the big picture.

During your reflection, one of the factors you need to take into consideration is the relationship you currently have and want to have with your family. One of the most common reasons that people want to go the route of franchise ownership instead of continuing down another career path is they don't feel like they have enough time for their family.

Since being your own boss does come with more freedom than being an employee, taking the franchise route can seem like the ideal solution for creating more quality time with family. While things can work out that way, it's important to have a realistic perspective on what life looks like as a franchise owner.

Commitments and the Possibility of Working with Family Members

With a franchise model like House Doctors, you're not the one out making service calls to homeowners. But a common misunderstanding about this type of model and others is that the work required is very minimal. Since a franchise is a business, it shouldn't come as a surprise that owner involvement is vital during the early stages of growth.

Because an owner needs to be involved in order for a franchise business to really take off, it's common for people to work harder in the beginning than they did when they were an employee. As a result, having tons of free time with family during the early stages of a franchise may not be a realistic goal.

That reality leads to some people considering the possibility of working with their family members. Although factors like trust can make this an appealing option, it's vital to understand that working with family members will change the existing dynamic. It is possible that this type of working relationship can lead to far more stress and drama than would normally exist in a business.

While there's no cut and dry answer for every person, the most important takeaway is to give yourself enough time to figure out what you truly want from you life. Once you have those answers, you'll find that it's easier to fill in the other blanks.

Interested in a House Doctors Franchise? Contact us by filling out this form about House Doctors franchises, or call 1-888-598-5297.

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