Right now, one of the most popular reasons for changing careers is people can get burned out. Whether their industry was impacted by the pandemic or they are simply tired of working for a certain boss or company, those who are looking to switch things up are simply trying to find the right fit that offers work-life balance. Career advancement is important, but so is having the flexibility to spend time with family.
If you are looking to switch things up, here are four questions you should ask yourself:
Should I switch companies or start my own business? One way that career switchers can carve out a new path for themselves that is rewarding and fulfilling is to look into becoming their own boss. Entrepreneurship is a popular avenue for people who have the passion and drive to work for themselves instead of someone else, which can allow them to make more decisions for themselves. Owning a business can be gratifying because you are taking control of your career and your future, and you are able to run things your way.
What if I don’t want to do it all myself? For people who are looking to transition from their careers into business ownership without having to do it on their own, franchising is a popular option. Owning a franchise means you don’t have to reinvent the wheel because the business model is already laid out for you. It also means that you will have ongoing guidance, training, support, and other resources from the franchisor, along with a network of other franchisees who have already been in your shoes.
How can I apply my professional background and skills into a new career path? Franchising allows career switchers to apply the skills they’ve learned but also receive additional training and support to help fill in any knowledge gaps. This is a great option for people who are looking to switch things up and change industries.
Is changing careers right for me? The two most important parts are weighing the pros and cons of changing careers. Ask yourself what the benefits are of making the change, and make sure you are comfortable with it. Secondly, do your research. Whether you are looking into franchise opportunities or simply interviewing for new jobs, it is important to gather the information so you can make an educated decision.