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Franchises offer a road to Self-employment

Posted by trinda On March - 7 - 2013

Franchises offer a road to Self-employment

In tough economic times, more and more people are becoming self-employed

There are now 367,000 more people who are self-employed than there were in 2008, the Office for National Statistics said. That suggests some former employees may have decided to go self-employed after trying and failing to find work elsewhere.

The average age of a self-employed worker is 47 – older than an employee where the average age is 40, according to official statistics. Much of the growth in self-employment has apparently been driven by “baby boomers”, the generation aged 55 and above. Almost 20% of workers aged between 50 and 64 are self-employed, and 37% of those aged over 65.

“With unemployment steadily falling, the continued growth in self-employment is likely to be boiling down to lifestyle choices, rather than desperation.”

Does the idea of working for yourself seem appealing?

Many people are attracted to the potential financial and lifestyle rewards of being self employed but are fearful of the risk involved as they have no prior experience in owning their own business.  A franchise system offers someone looking to be self employed a proven system and an established business model. The franchisor will provide your training, support and ongoing guidance to help you have success in your new business.

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