From Out of Work to Being the Boss

Whether you mutually choose to part ways with your employer or are let go, it is unfortunately just a part of working in corporate life. Employees are dismissed from their positions for a variety of reasons, including budget cuts, quality of work, cultural fit, etc.

Sure, it stings to lose your job and it can leave you feeling vulnerable on even the best of days. If you were let go due to the recent pandemic, it can be an even bigger pill to swallow. Rather than wallowing in the feelings of rejection, though, we want to challenge you to do something that you may not have thought of before:

Flip the script and understand that this might be an incredible blessing, as well as an opportunity for you to become your own boss. 

If you are tired of preparing resumes, going to interviews and sitting on pins and needles while you wait for a response from employers, consider this: what if you became your own boss? What if you found something that not only paid the bills, but brought you joy and happiness along the way? Would you use this time wisely and seek out opportunities to make that happen?

Joining a franchise network may be the opportunity that you are not only looking for, but that may turn around an otherwise bleak month, year, or couple of years. You can take back your future, and we will help you do just that. Here’s a few tips that the F45 Training team has to offer individuals who have recently lost their jobs and are looking for the next great opportunity in franchising.

Do your homework to understand what a franchise is and the difference between a franchise and starting your own business from the ground up.

If you have never been a boss before, let alone a business owner, you may feel a little intimidated by the thought of owning your own franchise business. Don’t worry—the best part about being a member of a franchise network is having that support! Unlike starting your own business from the ground up, franchise owners will have support behind them from day one. If you were to invest in a franchise and join a franchise family, you would work with the franchisor in order to get your business up and running. 

Think about what industry you want to be in.

There are franchising options in almost every industry imaginable, but you have to truly enjoy what you do in order to successfully go from a corporate worker to an owner of a franchised business. Do you love food? Fitness? Clothing? Reflect inwards to figure out what industry you want to be a part of in this new chapter of your life.

Now that you have settled on a franchise structure for your new business and which industry you want to go into, understand that not every franchise is built the same.

You want to find a franchise system that will be compatible with you and will help you along the way, not one that will take your money and leave you out to dry. We always encourage our potential franchisees to do their homework, look into their options, and find a fit that makes sense for them. We encourage you to get to know the salespeople you will be working with, ask about their franchise model, and explore the support options available to you once you become a franchisee. With that information, you will be able to make a sound decision knowing you are about to jump into business ownership with support and a great business model that you believe in.

Once you have found a franchise that fits with your interests and has a business model that you believe will be successful, it’s time to go all in.

We encourage first-time franchise owners to remember that this is much like starting a new job in the corporate world—you have to go through training first before you can really be ‘thrown in the deep end.’ Trust your franchise network and your new franchise family, as they are there to help you and guide you through the process towards owning your own business. We encourage you to keep a positive attitude and throw yourself headfirst into making this business everything you have dreamed of. Remember, you started this journey with a heavy heart, where you didn’t know if you were ever going to find a job you loved. Now look at you—you are on your way to becoming your own boss and a potentially successful franchise owner! That’s something not only worth celebrating, but worth your time and energy.

As you embark on this new journey towards owning your own franchise business and being your own boss, it’s important to remember that you are doing this for a reason! You have a passion and drive to become more than another cog in the wheel of corporate life, and you are doing everything you can to make it happen. So, whether you are fresh off a conversation with your former employer where they let you go or you are a few months into job hunting, know that there is hope out there for you. You can go from out of work to being the boss in a reputable franchise business!

We hope that these few tips helped you feel motivated and prepared to take on this next chapter of your life. F45 Training is here to help you make your fitness franchise dreams a reality. So, if you are interested in becoming your own boss while opening one of the fastest growing fitness franchises in the world, look no further. F45 is here to discuss opportunities with you whenever you are ready. Simply reach out to us, and let’s get this conversation going—you never know what waits for you on the other side!