How To Be Your Own Boss

Take Control of Your Future

If you’re a self-motivated individual who is ready to manage your own time and business decisions, owning your own business could be perfect for you. Being your own boss is a challenging adventure that leads to personal and professional growth and an unmatched sense of accomplishment.

So, how do you actually do it? These are some top be-your-own-boss careers:

  • Providing contract or freelance work (e.g., copywriting, furniture building)
  • Owning a franchise (e.g., an established regional or national brand)
  • Owning a product-based business (e.g., restaurant, brewery, fashion, commercial retail)
  • Owning a service-based business (e.g., IT support, fitness, dry cleaning, graphic design, house cleaning)

If you’re still debating whether you should quit your current job, check out this resource for figuring it out.

Pros and Cons of Being Your Own Boss

Being your own boss can be fulfilling for a variety of reasons. Not only are you able to manage your own time, express yourself creatively, and make money doing what you love; research has shown that people who work for themselves are often happier.

On the other hand, some people find that being your own boss can lead to isolation or an uncomfortable lack of structure. You know yourself better than anyone, so consider all the pros and cons from your own perspective.

Connect with a Franchise Advisor Today.

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Why a Franchise Could Be Right for You

Out of the possible ways to be your own boss, owning a franchise tends to be a more structured option. Typically, the franchisor (parent company) will set the path up for you, and risk factors will be accounted for in established business systems. Here are some additional benefits of owning a franchise:

  • Name recognition. Franchising with a well-known company that has positive brand recognition can lead to increased customers and sales, faster. This helps mitigate startup risks.
  • Training and business development support. Franchisees can reach out to the franchisor’s network for support, which may include ongoing business training and consultation. Some franchisors offer employee training and retention strategies, proprietary technologies, and more.
  • Marketing and advertising support. Many franchisors offer marketing tactics or plans, including branded materials that franchisees can repurpose. Some franchisors run national campaigns for brand awareness, which benefits franchise owners at the local level.
  • Guidance for financing. Lenders are often more likely to finance reputable franchises instead of brand-new businesses that carry more risk. Plus, a good franchisor will guide franchisees through the financing process.
  • Independence, not isolation. Even if you know how to be your own boss successfully, you don’t have to go unsupported. The right franchisor will allow you to run your business independently while tapping into a support system.

You Can Be Your Own Boss with Neighborly®

When you choose a home service franchise opportunity with Neighborly, you will have the independence of being your own boss while receiving unbeatable support from a large network and nationally recognized business. Every step of the way, Neighborly is committed to your success.

Our brands operate in diverse home service niches. To find out which one is right for you, simply fill out our form to connect with a franchise advisor.

Why Are We Different?

If you’re wondering how to be your own boss and reach your full potential, Neighborly offers extremely unique opportunities to achieve that.

In addition to all the benefits any good franchisor offers, we provide our franchisees with networking and cross-promotion opportunities, vendor discounts, and lead generation support.

To learn more about Neighborly franchise opportunities, contact us online or call (888) 387-8018.

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