Many people dream of starting their own business, but not everyone has what it takes to succeed at owning a service franchise. Running your own company takes a diverse set of skills and the ability to respond with composure in myriad situations, but there are some specific traits and factors that will help you take your service franchise business to the next level.

Being self-motivated

If you find it difficult to be motivated to do work without constant reminders or being micromanaged, then owning a service franchise probably isn’t for you. If, however, you are the type of person who thrives on being a self-starter, then there’s a whole new world of work that’s available to you.

It will be hard work, but you’ll be doing it because you believe in it and because you want to share your expertise with your customers, not because a boss told you to be somewhere and do something at a specific time.

Having access to a strong network

One thing that makes being a business owner significantly easier is being able to rely on a network of friends, family, and community leaders when you need assistance. Your network can help you get involved with community events, forge partnerships, and help you out with word-of-mouth marketing in the area.

Also, there are going to be sometimes as a business owner where you just want to talk to somebody about the challenges you’re facing. If you have employees, they won’t really understand the unique demands of your position, and while your friends are always there for you, you might want the advice of someone in your position. Consider joining a local entrepreneurial organization or networking group, so that you can unwind from work occasionally with like-minded peers.

Being unafraid to take risks

Risk is a necessary part of franchise ownership, and it’s what makes the concept of entrepreneurship possible. If you want to succeed, you’re going to have to put yourself out there and trust that with hard work and preparation, everything with pay off in the end.

As a service franchise owner, you won’t have the luxury of falling back on a company full of people when things get tough. The ultimate rewards and consequences of decisions will fall squarely on your shoulders, which is why you have to be willing to take risks for the good of the company.

A desire to do whatever it takes for the company

As a service franchise owner, there’s no such thing as calling in sick. If something needs to get done and one of your employees can’t handle it, it’s up to you to keep everything in working order. Because of this, many people who love to perform real work are drawn to franchise ownership.

These types of people have no qualms about getting their hands dirty whenever necessary, and many of them have special skills that are useful in service businesses. If you’re this type of person and you want to put yourself on the path to becoming a “Blue Collar Millionaire,” then investing in a service franchise may be the perfect fit for you.

Next Steps

If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.