Excelle

Career Tips >> Browse Articles >> Entrepreneurism

Franchising: Make Money and Grow Your Career

Featured Author:

Jessica Cosgriff

Jessica Cosgriff is an entrepreneur most recently pursuing the development of her franchise of 10 til 2.
10 til 2 is a staffing company dedicated to placing college educated professionals with companies and organizations who think outside the full-time box. Jessica’s position prior to her current venture was as a director of a healthcare association in Alexandria, VA. She is passionate about the topic of work-life balance and spends her time outside of work with her family including her two young children.

I knew since I was about five-years-old — when I wanted to play “office” instead of “house” with my sister — that I loved the idea of running my own business. Like many other women, I pursued my education, started a family and found myself quickly approaching the ceiling in the organization I was working in.

It was in my burnout phase that I started researching alternative work opportunities. The company I was most interested in working for didn’t have an office in my area. I spent several months humming,hawing ,and praying they would open an office until it hit me: why don’t I open my own franchise?

Why Franchising Might Be for You

Franchising allows you to build your own business without reinventing the wheel. Chances are, someone else has come up with the great business idea you have. Do some research and you may find that they’ve perfected a profitable system and developed a recognizable brand that you can tap into. When you buy into a franchise network, the legwork of creating databases, websites, brand elements, and legal foundations for businesses are all done for you.

Usually, you just pay your franchise fee and additional start-up costs, agree to the terms and conditions of the franchise agreement and you’re counting down to your first customer. In addition to the “busy work” being done, you gain the added benefit of a valuable support system.