Franchising for the younger generation
Forget University fees, franchising could be the way forward for school leavers
With the significant rise in university fees, fewer students are choosing to study a degree these days. In addition to this, the level of experience required for many job roles is making it increasingly harder for young people to get jobs, even when they are educated to degree level.
More and more students opt for apprenticeships straight out of school, and these often teach real-life skills that studying at university alone cannot offer. Many pupils do not consider what options they have, and instead see university as a natural progression from sixth form or college.
So what other options are there? The Travel Franchise has seen a significant increase in the number of people under the age of 30 buying a franchise. In fact, one of the most recent franchisees to join the business had only just turned 18.
Yes, the thought of having your own business at that age may sound scary, but that’s why franchising is such a wonderful idea. You’ll have your very own business, but with the support of an already established brand behind you, and an endless resource of knowledge and expertise.
But is investing in a business really a smart alternative to earning a degree? Here are just a few reasons why starting your own business could be better than university…
1. No university debt
University fees are on the up and up, often leaving most graduates with a hefty amount of debt they’ll likely be paying off for the rest of their lives. Of course, a degree can be a big part of landing your dream job, but once you graduate the competition is tough, with thousands of other graduates looking to land that job that’s going to bring in the big bucks.
Buying a franchise business may seem like a very big investment but could in fact cost you less than your total expected university fees. In addition to this, with some hard work and determination you’re likely to see a good return on your investment within the first year of trade; something that isn’t always the case for graduates going into their field after university.
You’ll be in control of your earnings. Whether you want to work part-time or full-time, you set your own goals and targets and work at a pace that’s right for you.
2. Real-world experience
Higher education is often seen as the next step for most when they leave school, but many employers today are often more interested in those who have hands-on experience rather than university grades.
Heading out into the world of work after three years of studying can also be extremely daunting. Adjusting to working hours and trying to get by on an entry-level salary can be frustrating for graduates who have worked hard for their degree.
Franchising offers the opportunity to learn on the job, often with no experience necessary. The company will be able to teach you everything you need to know about getting your business off the ground and provide you with the support of an established brand to give you that head start you need.
3. Flexibility and freedom
Running your own business is a lot of work, but then again so is studying for a degree. It’s true that you get out what you put in, and a year of hard work on your business as opposed to 3 years work on a degree could see a much better reward at the end. Being your own boss gives you the flexibility and freedom to work when you want, wherever you want (and hopefully the money to do the things you want, too).
Not everyone works well during the standard 9-5 hours, so if you’re more of an early bird or a bit of a night owl, working for yourself allows you to plan your schedule in a way that is best suited to your style of working.
Why choose The Travel Franchise?
With all these things considered, The Travel Franchise offers three unique packages that could be perfect for those with a flair for business to really kick-start their career after they leave college.
At The Travel Franchise we welcome anyone with a passion for travel and a passion for people. It is not required to have previous knowledge or experience in the travel industry as we will teach you everything you need to know about selling a holiday.
The Travel Franchise also offer a unique Money Back Challenge incentive, where you’ll have the opportunity to win back your franchise fee in FULL within the first twelve months, should you hit your agreed sales target. We have seen many people complete this challenge within just a few months, on top of earning their monthly commissions.
Think you’ve got what it takes to be your own boss and start a career in travel? Then check out our Discovery Site or give us a call on 0800 0848128 to find out more!