Apr 22, 2020

Is Now A Good Time To Start A New Business?

Has lockdown made you reconsider your life…? Could a franchise help you realise your dream of owning your own business.

We have seen quite a lot of people make enquiries into our Lockforce franchise during the lockdown period.

It would appear that the pandemic and the lockdown has given them the time to rethink their life.

Some have decided it might be time to leave the job they hate, some fear that they will lose their job as the economy slows and others have been mulling things over for some time now.

And one of the questions they ask “is it a good time to start a (my own) business…?”.

In fact some actually make it a negative statement which isn’t the best start…. “I don’t think it is a good time to start a business, what with the pandemic..?”

I can assume they make the statement in the hope that I may convince them differently, or not…!!

From our perspective It is not our job to convince anyone to join our franchise, or any franchise.

Our job is to explore what the prospect is looking for, what their personal circumstances are, if they would enjoy being part of the franchise, if they would represent the brand well etc… and then together agree if it could be the right thing for that person.

It is not as simple as paying your money and get on with it. (and when it comes to money check out my blog on the 23rd May 2020)

You can rest assured that we have a process – that ensures we all ask the right questions – before we take any final decision on joining. Ultimately you will need to decide this is the right thing for you and we have to feel that you will represent the brand and ultimately be successful. There are no guarantees but make sure you understand the good, the bad and the ugly before you join.

Back to the question…. Is it a good time to change your life and start a business…?

So where do I start..?                                                                                                             

I have reflected for a while and my answer(s) to the question hasn’t really changed since before the pandemic and lockdown.

I could talk about many aspects which you might expect…

  • the impact of the current pandemic, as if anyone really knows?
  • the economy and will it recover?
  • will there be enough work for me?  

However, over the years since I left paid employment, I have learnt that success in business is 90% about you and 10% is the outside world.

This might not makes sense but if you consider that the outside world influences are the same for everyone (and largely out of our control), therefore the most significant difference in the success of your business is you, and the guidance that you act on.

Running your own business is all about your ATTITUDE. In the words of Henry Ford…”if you think you can or you think you can’t, then you are probably right.”

Therefore if you find something that you want to do (and really see yourself doing it) then we will help you through the process.

Our locksmith skills and services are still in demand – Lock’s still break, people lose keys etc… At the start of the lockdown we saw business drop by just over 50% as people weren’t going out, businesses were closed and there were concerns of people coming into the home. 2 weeks after lockdown we have recovered to nearly 80% of previous levels and steadily improving.

So, is it a good time to start a business…?

Others have done it, and signing up right now, so why not you..?

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