More people decide to start their own business in January than in any other month.
The sheer dread of returning to an unrewarding office job after the Christmas holidays, combined with New Year resolutions, spurs many people into action to become their own boss.
According to Adrienne Pierce, founder of Smart, “We certainly see an increase in franchise inquiries in January as people are back in the office but aren’t really enjoying being there. This is the best month to act,” she says. “Start researching business opportunities and talking it over with friends and family as you’re getting back up to speed this month. Develop your game plan and lay the groundwork to make your move this year.”
When Is the Right Time to Start a Business? Now.
Now definitely appears to be a great time to start a business. And the current economy is a big part of the reason for that. There were fewer new businesses opening last year. This is important, because it means less competition for employees, customers, attention in your marketplace, and everything else you might need to get your business off the ground.
And, while the bank finance tap is not flowing as freely as it might have in the past, finance is still available out there to the obviously great businesses and business buyers.
So if you have that urge to own a business, we can’t think of why you wouldn’t get started. Now.
Take the leap
The hardest thing you’ll do is to take the leap. If you don’t leap into business ownership, you’ll be depending on someone else for your earnings for the rest of your working life – a life’s work without ownership or upside.
You’re better than that. That’s why you’re reading this article. So go for it.
If you’re ready and willing to start a business this year, why not try a Smart franchise? Check out what our franchise owners have to say
You can leave a reply to this article.
Passionately supporting business owners