Indeed, the effort required and risks that loom may be intimidating, but if you’re passionate about your business you will never lose faith.
We interviewed Amy Ryan, who owns a Musical Minis franchise, in order to find out how her passion has helped her franchise to become a success. Her business holds musical classes for pre-school children to assist them with their development.
Below she discusses the early stages of taking on the Musical Minis franchise in the Southern Home Counties, and her advice for others looking to take on a franchise.
‘I decided to take on the Musical Minis franchise because I had always wanted to run my own company and I needed something more flexible than what was a very rigid 9 – 5 structure.
I had been self employed before so I was and am aware of the risks and hard work that needs to be put in. ‘
‘Well it is still very early days but because I am totally responsible for my own destiny I have to keep working and learning and creating and advertising.
The day I sit back and relax I think will be the day the business gets stale.
If you are running your own business you have to have a passion and total belief in the product.
If you don’t, you will start to resent it and your customers won’t believe in it or you.’
‘I knew for a while that I wanted to start my own business but I didn’t know quite what form it would take, so I had been saving up and that is how I funded the purchase.’
‘Do your research. Firstly make sure that you believe and want to be involved in that business, then make sure that there is a gap in the market.
Look at several franchises before you settle on one, and make sure the franchise owners impress you and are prepared to work with you in a way that you are happy with.
Some are more hands on than others and some are more restrictive than others. It is a partnership. Do a business plan and be realistic.
Setting up a franchise like Musical Minis is tough work, but it is very rewarding. I couldn’t recommend it enough!‘
Is your passion and drive deep enough to make your business take off? Why not take a look a bit further at a Musical Minis franchise?