Saturday, March 14, 2020
Business Idea Part-Time Franchise Ownership
geschftsleben Idea Part-Time verkaufskonzession OwnershipCredit Vasin Lee/Shutterstock Entrepreneurship is enticing for many people, but not everyone wants to start from the ground up or has an idea to create a geschftliches miteinander from scratch. Joining a franchise and running a branch of someone elses business can be a great step through the entrepreneurial door without the hassle and stress of starting at the very beginning.However, full-time konzessionsverkauf can be a lot of work and take a lot of time, which is why more franchisees are signing on with parent companies offering part-time konzessionsverkauf opportunities. Two companies that currently offer part-time franchise opportunities are ABC Do-Re-ME, a music education program for children, and Maui Wowi, a company that sells Hawaiian coffees and healthy fruit smoothies. Ellie Greenberg, who founded ABC Do-Re-ME in 2009, began franchising her company to give mothers like herself the opportun ity to make extra money while still having plenty of time to spend with their children. Looking for a more affordable franchise? Here are some you can own for less than $100,000. Maui Wowi has been offering franchise opportunities for 20 of the 35 years it has been in business, and currently has over 200 full- and part-time franchisees. Mike Weinberger, a former franchising attorney and CEO of Maui Wowi, said that many of the companys part-time franchisees begin with the goal of making their franchise a full-time job. Regardless of your schedule, its important to remember that franchise ownership is a big commitment.Even if youre part-time, dont take it lightly, Weinberger advised. Do your due diligence, and dont make any decisions until youve gotten all the information you can.Editors note Considering opening a franchise? If youre looking for information to help you choose the right one, use the questionnaire below to have our sister siteprovide you with information from a variety of vendors for freeOther companies offering part-time franchises include Jazzercise, Club Z Tutoring and TapSnap. If youre considering franchise ownership, here are a few things to keep in mindFranchising laws vary from state to state. Do your research, and make sure your chosen franchiser is in compliance with your home states policies.Application and training processes are required for all franchisees if you apply for a franchise, dont expect to be up and running tomorrow.While you will have a certain amount of flexibility, you are expected to follow the parent companys business model and retain a consistent brand image.Federal franchise regulations require the parent company to provide a disclosure document outlining its fees, investment, and bankruptcy and litigation history to the franchisee. This is as much to protect you as it is to protect the company You have the right to know everything about the business youre joining.Devan Kline, CEO and co-founder of boutique womens fi tness franchise Burn Boot Camp, said that being a part-time franchisee isnt for everyone.If youre not historically great at multitasking or you lack leadership skills, I would strongly suggest keeping your focus to full-time franchise ownerships, Kline said. If youre a mover and shaker with strong leadership skills, monumental belief systems, and the bring it on, Ill make it work mentality, you may consider owning a franchise part time.Kline told Business News Daily that the difference between a full-time and a part-time franchisee is really a difference between an operator and an owner, respectively.An operator usually pours everything they have into this one store, Kline said. Youre operating the business and are very hands-on. This person usually has an extreme passion for the franchise system theyre getting into.An owner, on the other hand, doesnt need to be in the store every day because they have the capital to bring on staff and the ability to lead them to success. Kline note d that this person usually has multiunit aspirations and a proven track record of success.This is the only way a franchise is run successfully on a part-time basis, Kline added.Kline suggested that eignung franchisees should ask themselves who they want to be in order to help them decide between full-time and part-time franchising.Visit Business News Dailys franchising guide for more information.Additional reporting by Nicole Fallon. Some source interviews were conducted for a previous version of this article. Jill Bowers Jill Bowers is a technical writer by day and a fantasy author by night. She has more than 10 years of writing experience for both B2C and B2B content, focusing on topics like travel writing, consumer finance, business marketing, social media marketing and other business categories. She spends an inordinate amount of time singing love songs to her dog, composes handbell music and writes YA fantasy novels. 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Tuesday, March 10, 2020
Work-Life Balance In Consulting
Work-Life Balance In Consulting What do millennial job seekers really, really want? To work for a company that values their well-being, particularly by promoting employees work-life balance.According to a recentGalluppoll, nearly 60% of millennials cite work-life balance as very important to them when looking for a job, and additionalresearchindicates a large share would go as far as taking a pay cut if it meant attaining better balance. In fact, with all the buzz surrounding balance unterstellung days, certain industries with a reputation for long hurs and little flexibility may find themselves less considered by millennials.One industry in particular that could fall prey to these correlations isconsulting, a field known for involving extended travel and intense schedules. But to assume work-life balance is off-limits to all consultants would be a mistake or, at least itwould be atZS, where consultants like Christina Corridon enjoy their share of flexibilitywithoutthe pay cut.For h er part, Corridon an assistant principal within ZSs oncology vertical cant erleichterung the stereotypes. Shes actually found her role at ZS to be one involving a good amount of flexibility, especially when she contrasts her workload with some of her friends in other industries.ZS Is Hiring Browse Opportunities.None of my girlfriends from my master of business administration program are in consulting, and they all work just as much as I do and in many ways have less flexibility, she pointed out. If I decide I want to take on additional travelling projects, that decision really lies within me and my power, so to speak We are thoughtful about (travel), and therefore you dont consistently see the typical Monday-through-Thursday-night, every-single-week project model in fact, its rare.To be sure, by virtue of the way business is done in the consulting industry, life at ZS can still involve some time spent on the road. But rather than subject all employees to the same travel standards, consultants at ZS have the ability to choose a focus and thus maintain mora control over their schedules, Corridon clarified.You can be client-focused local to where you live or expertise-focused, which may involve a bit mora travel but offers the benefit of seeing more of whats happening across the industry, she explained. We have both models and people can have very successful careers in either one. They can also make a shift over time to better balance their lifestyle and their professional aspirations.Certainly, Corridon isnt alone in feeling like she maintains some control over her schedule at ZS the companysanonymous employee reviewson Fairygodboss include several positive references to flexibility and balance, like At ZS, there is flexibility to create a role that works for your family and still keeps you thinking and growing. Another reviewer wrote they have always felt fully supported in both my personal and professional goals, while still another applauded the company for providing flexibility as I earned my MBA part-time.That combination of collective support and personal agency is paramount to the companys values, and something Corridon says she sees reflected in the day-to-day of her job, too.I really do want to be in the office and working with my teams, but I also have flexibility so that if Im working all morning with teams across the globe that arent local in Boston, I can work from home that day, she said. If Ive had an especially heavy week away from home, I can schedule some personal appointments around that, or I can take an hour out to have breakfast with my husband. I dont have to feel like its a secret, or that I need to cover that up.Thats because, in an effort to ward off burnout, ZS encourages employees to get creative about making work work forthem, a fact that amounts to a more long-term sustainable and effective lifestyle. Its what enables Corridon to kill it at work during the week (you dont get named a rising star within the in dustry without the elbow grease to back it up), while her weekends are spent kayaking and hiking with her husband or indulging her serious love of cinema (she has no guilt about spending rainy days watching four movies in a row).Of course, given the increasingly global and plugged-in nature of not only consulting, but most competitive modern industries, not every weekend can be spent in an uninterrupted movie binge-fest. However, Corridon wouldnt want it to be her work at ZS, she says, is what truly energizes her, and she knows her team feels the same. And its this sense of driving passion that not only helps to stave off burnout, but also makes the company especially millennial-friendly, she adds.People are really excited about what theyre doing we have a lot of interesting people doing interesting things, and with similar passions, she said. To me, I think that folds really perfectly in with what a lot of millennials are searching for to feel like theyre serving a greater purpose or doing something that has meaning and isnt just focused on the bottom line.Though shes quick to note that ZS does compensate people very well for what theyre giving, whats more important from a generational perspective is the companys emphasis on values. And thats evidenced, at least in part, by their slew of social events, like monthly family meeting lunches, game nights, in-office wine tastings, and other team-building activities. As busy as consultants often are, it feels especially significant how well-attended these events tend to be while many of us may moan and groan about being forced to attend our companys annual holiday shindig, the folks at ZS seem to genuinely enjoy spending time together, and doing so often.Myself and other leaders at ZS arent just focused on driving revenue and selling projects. We have a keen desire to stay connected with each other, and thats a value of the firms, too, Corridon said. We know that we will not retain new, young Gen Z talent if we d ont care about our people.Want to be part of a high-achieving team thats equally passionate about work time and play time? Luckily for you, ZS is hiring check out all theiropen positionsFairygodboss is proud to partner with ZS. Find a job there today
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