It's estimated that there are almost 750,000 franchise outlets in the United States. From these numbers, it's clear that this business model works for a large number of people.
It's true that franchising is vastly different from working a 9-to-5. This is what makes it exciting yet daunting at the same time.
Are you interested in franchising? Then keep reading. Here are all the reasons why it's great for Millennials and Gen Z.
It Lets You Be Independent
Especially now that the pandemic's happened, lots more people are turning to freelance work and self-employment. Even before COVID-19 hit, you might've been looking into hanging up your 9-to-5 hat and being your own boss instead.
Franchising is a great way to do so. Franchises come ready with structure and support, which means you're not completely on your own. However, once you get into franchising, you're essentially your own boss who can work without answering to someone else.
You Get to Learn New Things
Not only can you work independently, but you can also learn new skills you've always wished to pick up. With a franchise, you don't have to start from scratch. Instead, you can learn from the franchise itself and apply it to your own business.
You Get to Make Your Own Hours
What's so attractive about being self-employed is you don't have to follow a rigid work schedule. If you have a partner and/or young children, you can work around that and leave random pockets of free time to spend with your loved ones.
A franchise business for Gen Z (and Millennials) allows you to perform work whenever you wish. This also means you can work as little as 5 hours a week or as many as 40. It's all up to you!
Utilize Your Tech Skills
As someone who grew up with ever-changing technology, you're probably used to how quickly things evolve. As a result, you have no problem adapting to new things being thrown at you.
This gives you a leg up on the older generations, who might struggle a lot more with newer devices and software. This is somewhere where you'd excel and they'd drop out of.
It Doesn't Take Much to Get Started
Speaking of tech, today's franchises don't take much to get started. In many cases, all you need is a decent computer (or laptop) and an internet connection.
Considering in 2016, 78% of all American households had a desktop computer or laptop, chances are very likely you have one or both. This means you won't have to spend a lot of money or effort to get started on franchising.
Get Started on Franchising With BooXkeeping
Now you know all about why franchising is great for Millennials and Gen Z. The next step is to get started on it!
For instance, you can get into the bookkeeping business by working with BooXkeeping. We are a bookkeeping franchise that allows you to work from home on your own hours. And that's only just a glimpse of what this franchise business for Millenials and Gen Z offers!
Are you interested in hearing more about the BooXkeeping franchise? Then get in touch with us today.