2. Will you enjoy opeating this type of business? 3, Are you good at interacting with people? 4. Can you live with the worst situation? 5. Can you handle the responsibility of running your own business? Corporate Refugees If you are one of the thousands of people who have been cast aside by corporate Canada because of the rash of mergers, downsizings and corporate takeovers, another important consideration is the timing of your decision to get into business for yourself. Too many hasty decisions are made by corporate refugees who jump into business too soon after leaving their employment. Often, these decisions are made for emotional reasons such as the need to rebuild self-esteem after losing a job after many years with one company. This is the time to step back and take some time to examine various options, not to rush headlong into something just to feel - wanted. It is a good idea not to make any decisions for at least 60 days after the loss of a job. ‘Increasingly, corporate refugees are turning to . franchising as a way of fulfilling their desire to become an entrepreneur. The learning curve and ongoing support offered by a good franchise system provides the safety net that is missing when people go into business as an independent operator. Franchising is similar to performing ‘with a net because, although there is still some danger, most of the risk nas been removed. However, some corporate refugees are not suited to operating a franchised business for several reasons: 1. They are accustomed to having a support staff Commercial Cleaning Services During the past 27 years Jani-King has grown to become the world’s largest commercial cleaning franchisor with more than 5,006 franchises worldwide. Whether yeu’re a business beginner or an experienced entrepreneur, Jani-King has an opportunity that’s right for you! We back our iy . franchisees with comprehensive training and ongoing support, Start-up contracts, equipment and supply discount economical 5,000 franchises to carry out menial tasks and consequently many find it difficult to fulfill all the roles from janitor to book-keeper. 2. They are unaccustomed to working outside of nine to five. 3. They do not have a bottom-line mentality. Their corporate responsibility may have only related to operating within the guidelines of a departmental budget without influencing, or realizing the implications of their budget, on net profit. 4. They are not used to dealing with the stress of totally running the show, particularly if their responsibilities or decision-making was limited to a narrow sphere of influence. 5. They lack the drive, commitment and focus that are necessary to achieve success on their own. Considering the Franchise Option If you are considering a franchise as an option to get into business, you wil! need to review your personal and business goals. How will a franchsie benefit you in attaining your goals compared with starting a business from scratch? Are you motivated by the chalienge of doing it all yourself? Or does that responsibility cause you more than a little worry and apprehension? ’ Perhaps you have specialized skills which you would like to turn into a business operation, but all the many general aspects of starting a business are somewhat overwhelming and intimidating. If this is the case, then the franchise option may well be suited to your personal and business needs. Prospective franchisees who are shy and have difficulty dealing with the general public should obviously not enter a people-oriented business worldwide such as retailing. It is not always necessary to have a background in the business, but if you don't like a particular business and are going into it primarily for the financial rewards, the chances are you are not going to be in it very long. You must have a passion for the business. Most people enjoy doing what they are good at and, ~~, conversely, are good at doing what they enjoy. The three month-long Venture I-rogram can help you develop : and launch your own business. Being an entrepreneur can be risky and thts program will reduce the risk. Fall session start: Monday, September 15, 1997 Spring session starts Monday, March 2, 1998 ~ The Venture Program BCIT Downtown Campus 7th Floor, 555 Seyn our St Vancouver, B.C. V6V 3H6 Tel: (604) 412-7651, _ Femail: Ia baitcbe.ca |. 1 BRITISH! COLUMBIA INSTITUTE OF TECHNOLOGY ; What would you call a company that's earned some of the highest rankings and top accolades in franchising? Saf. © King Entrepreneur Magazine, 1987 - 1994: The No. | commercial cleaning franchisor for eight years. - Money Magazine, 1990 year-end special: One of the 10 top franchises for the 90's. ~ Venture Magazine, 1985: Ho. 2 rate of etum on investment. Entrepreneur Magazine, 199] - 1994: The top ten list of aff franchise opportunities for the past four years. Entrepreneur Magazine, 1993 and 1994: The No. | low investment franchisor. insurance, and much more. Give us a call today! Small Business Opportunities, Summer 1994: No. 5 in the top 20 home-based franchises. Victoria, Vancouver, Kelowna, Calgary, Winnipeg, Windsor, Toronto, Ottawa, Moncton, Halifax, St. John's all for free info ~ 682-4534