In times of economic uncertainty and ever increasing personal taxation do you get a sense that your hard earnt salary is worth less than ever before? Certainly it must be true that working for someone else limits your ability to dramatically affect your income whereas running your own business could allow you to benefit directly from the effort you put in.
Im sure many people think of working for themselves but in the back of their minds enjoy the stability of receiving a pay packet every week or month. The challenge must be one of risk versus reward and it would be wrong of me to suggest that working for yourself is right for everyone. What I do know as someone that has worked for themselves, is that it can be very lonely even when the cash is rolling in!

I was an early owner/manager of a recruitment franchise, back in the 90's, at a time where the concept was new to the UK. Whilst it taught me a lot about running a business and indeed the executive recruitment industry, frankly, it was not an experience I enjoyed as the franchisor was learning themselves abou how best to deliver support to the franchisees. I left the association after 2 years feeling let down and misguided.

Now however the franchise market is mature and I have been highly impressed with the professionalism it demostrates. So if you believe that taking control of your own destiny and earnings could be a way to get out of the rut of watching the clock tick by I would recommend you take a look at the franchise family.

The British Franchise Association (BFA) can help you identify credible franchise opportunities and in my view recruitment is a fantastic high margin business where there are a number of well established franchisors. We have CNA International, Antal and MRI who can guide you towards wealth generation. The UK recruitment industry is worth £26bn and set to grow to £29bn by 2010. Imagine owning just a small percentage of this market!

With the right training, which a franchisor will provide, you could be on your way to determining your own salary and, if you have the desire, building a substantial business.

Tick tock!