Professionals are attracted to franchise ownership because they’re tired of trading their time for money. Eventually, there’s only so much time and so much money you can charge per hour. Owning a franchise provides the ultimate leverage. If you have a business that can operate without you having to be there all the time, you can leverage your time and leverage your capital.
Frannexus recently placed two NFL players into a franchise that were retiring and franchise ownership was their next chapter. What we realized with professional athletes and professionals anything is that their training had taught them to follow standard operating procedures. They followed a formula for success. That’s why franchisors love them. They understand that following a recipe will result in the objective that they’re looking for.
Not just professional athletes but physicians, lawyers, accountants, anybody in the professional arena, the training and education they went through has set them up for success as high-achievers in franchise ownership. They don’t reinvent the wheel.
The purpose of buying a franchise is that somebody has already figured it out. You’re buying the rights and license to a business that’s been duplicated and replicated and has been proven to work.
If you’re looking to make a career transition, try something new or diversify your investment portfolio, talk to Seth and the Frannexus team about their proven franchise search process. Our consulting services are free to those who meet the criteria to become a franchise owner. Visit www.frannexus.com to learn more.