There is never a perfect time to start a franchise. It’s like with anything you will never be fully ready and the situation never exactly right, if you are struggling with this here are some good perspective shifters:
- Businesses closing in your sector may mean a saturation but could also mean a reset in the industry and chance for you to scoop up the clients left in the wind.
- Downturn in passing traffic can mean a chance for you to secure a great location in prime real estate.
- Recessions force alot of high skilled workers back into the job market, you can pick up some incredible talent at times like these for much less than usual.
- Starting in a challenging time will force you to work in a lean, strict and strong way, when the summer eventually comes you will flourish given how hard you worked to survive in a hard time.
There are stacks more, but ultimately try and find a silver lining or a massive positive from any struggle you are going through. We’ve started a bunch of companies and franchises at all different times, please do reach out if you have any questions.