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What
hours will your franchise business
operate?
In
the "real world" of
working for someone else what
hours you like to work isn't
a choice you have to
make.
When
you acquired the job you were
told when to be there, when
you could go home and what the
policies were pertaining to
absences and time off. The odd
thing is that, even after you've
left that workaday world for
the new one of self-employed
entrepreneurship, your hours
still aren't going to be a matter
of your own choosing!
In our first segment I cautioned
that you were losing one boss
but gaining a whole bunch of
new ones in the form of your
customers. It will be those
customers that will determine
your working hours not your
preferences! If you went to
bed late one night or, more
accurately, early one morning,
and were awakened at 7:30 am
by a customer demanding 10,000
widgets by half-past-nine the
choice would be simple. You'd
drag your bleary eyes and tired
body down to the shop and start
stacking cases of widgets out
on the loading dock. That's
called service. It's the sort
of thing that your customer
will vividly remember and no
doubt tell other potential customers
about!
In
some cases the hours you will
be working "go with the
territory." If you become
a franchisee your contract will
often specify the hours and
days your doors are to be open.
Should you be fortunate enough
to land a McDonald's franchise,
for example, your location will
operate the same standard hours
as most of their locations do.
Likewise, if you obtain a franchise
to operate a donut business,
you may find yourself open 24/7!
This doesn't mean, of course,
that you personally will be
present at all times. It does
mean, however, that you will
be responsible for having the
business open during the specified
hours and, as well, will have
to be on call in case of any
emergency. It also means that
you'll need to be adept at staffing
the operation for some of your
responsibilities will eventually
be delegated to others. Further,
don't forget that there are
a multitude of tasks to be taken
care of other than having the
business up and running. You're
required to do the paperwork
(or make sure it is being done)
do the cleaning-up, restocking,
inventory and so on. Don't expect
to be putting in less time than
you did at your old job. You'll
probably be putting in more!
Even
if you're operating a distributorship
or dealership, something you
could conceivably run from home,
your working hours won't be
entirely your own to choose.
Your customers will expect you
to provide the product or service
at their convenience not yours.
In most cases you can expect
to be working, or at least available,
during standard business hours.
In some businesses the same
may hold true for weekends or,
at the very least, a portion
of them.
So,
to sum up! If you have decided
to become self-employed so you
can sleep in every morning,
or never miss a home game of
your favourite local team, you're
definitely taking the wrong
path. Most entrepreneurs will
tell you that they put in more,
not less, time at their desks
or behind their counters than
they ever did when they were
working for someone else. Thing
is, they'll probably also tell
you they don't mind because
they genuinely enjoy what they're
doing.
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