Today, you don’t even need an idea to start a business. All you need is proven expertise. If I wanted to start another branch of my business, I would always look to hire someone tried-and-tested at running a large operation, over a newer professional.
This is what a franchise helps you achieve, and unlike the typical job market, older professionals have a clear advantage.
Take Dunkin’ Donuts for example. They’re a franchise with thousands of stores across America. But when looking to expand, they aren’t hiring someone to make the donuts. They are searching for someone with tried-and-tested expertise to grow a business.
It’s no surprise that every Dunkin’ Donuts functions almost identically. You’ll be served the same cup of coffee from any restaurant you go to. Why?
Because they have a system that works.
So why not let someone else perfect the system first, then you can run it?
For me, franchises are a huge opportunity for older professionals to make radical changes in their lives and business.
Do you agree?