A financing option often overlooked that is...
I can’t believe that I am 50 years old. I look back to when I was in my 20s, when the thought of being 50 (an old man) seemed so far away. I had so many aspirations, places to see, things to do and time was on my side. What’s funny is that things have not changed much in regards to the accomplishments that remain ahead, except that I’m able to see them more clearly and time is not on my side. My goals have gotten much bigger, grown in number, and are more complex than ever.
Turning 50 has forced me to take stock of where I am today, and where I want to be by 60. I assume that just about everyone who makes it to 50 goes through similar self evaluation and either steps up their game to reach their goals, or accepts the cards they’ve been dealt. I’ve been in franchising for over 20 years and have met so many people that were determined to create a better life for themselves and their families. They overcame the fears and things that have held them back because they weren’t willing to live a life of regret. Nor were they willing to reach retirement and become a burden on those they love.
Whether you’re just turning 50 or already past it, there’s no reason why you can’t chase those dreams. There difference between the past and now is that you’re probably much smarter and can see risks more clearly.
If you are seeking to go into business and minimize risk, than franchising is the way to go. There are so many benefits and the royalties that you have to pay are typically worth their weight in gold. Of course, not all franchise brands are equal. With the right due diligence, you can be well on your way to finding fulfillment and financial freedom. Think how great that would be.