A growing number of people aged 50+ are starting a small business... and it isn't as daunting as it seems. Life experience, confidence, planning ability and personal skills are what counts when going it alone, and the chances are you already have them.
There are various stages you need to go through before becoming a franchisee, from identifying whether franchising is the right career move for you, finding a solicitor to review your franchise agreement for you or assessing the suitability of your chosen franchise. For a guide of the steps involved to becoming a franchisee
You may think you have to start a franchised business in the UK from scratch but this is not always the case. Many existing UK franchisees are looking to sell their franchise.
Life used to begin at 40…Now it’s 50+
According to a recent newspaper article, life now begins at 54, and for many that ‘new life’ can include new opportunities, such as starting your own business.
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Anyone over 50 can tell you that you can teach an old dog new tricks. These days life begins at 60. The great thing about taking a Franchise over the age of 50 is that the "old dog" does not need to learn any new tricks. All he or she needs to do is to follow the System as laid down by the Franchisor.