Executives in a Career Transition- A Resource to Finding a Business Franchise

It's no secret that hundreds of executives across America are leaving or considering leaving their corporate positions to start their own business. Having their own business allows executives to make their own choices and stay in control of their own future. They wish to escape from a business life that is not challenging enough, or which offers them little or very limited opportunities for career advancement, when compared to the unlimited potential of owning your own business. . Executives already have the drive, skills, education, managerial experience that would allow them to be successful in any business they start. The missing link would be finding the right business. Many strive to develop their own companies where they can lead a team into a profitable future. Starting a business from the ground up has a lot of costs and risks associated with it, and this may be discouraging for the corporate executives in their attempt to leave corporate America. But, if you seek the freedom and control of entrepreneurship, you don't need to start from scratch! Owning a franchise of a brand that is an established, well-respected and reputed business is your best bet. A proven formula that works well in the entrepreneurial space is -- owning a successful franchise! Let's analyze the facts and compare franchising with small business ownership. Small businesses have shown first year failure rates quoted at as high as 85%. Another intriguing fact is that out of small businesses that are able to survive their initial 12 months of operation, only half of them ever make it to their fifth year. For a successful executive in a corporate world the chances for success are doubled because the drive, motivation and managerial skills required by a business owner are already there.