When it comes to business and careers, Millennials often get a bad rap. But we know it’s unfounded. If you’re a Millennial, chances are you’re more educated and more ambitious than your generational predecessors. But what are you supposed to do with it? Conventional wisdom would point you toward a corporate career, grinding your way up the ladder while working under someone else. If working 70+ hours a week to pay off a mountain of student loan debt doesn’t sound like your idea of success, you’re not alone.
As a new generation of smart and sustainable business concepts begins to emerge across the commercial landscape, the business world is increasingly in need of younger, more adaptable entrepreneurs to help usher in the next era of economic growth. It’s an ideal setup: there’s increased demand for business owners in the franchise space, and a growing group of dissatisfied Millennial workers looking for something more.
Be Your Own Boss
The franchise model puts you in the driver’s seat of your career. As a business owner, you control how much you work, how much you make, and how to treat your team. It gives you the freedom of business ownership with the support and established systems to help you thrive, offering the perfect recipe for the “work hard, play hard” lifestyle you’ve been after since you left college.
Be a Culture Leader
On top of making your own schedule and making more money, being the boss of your own franchise also allows you to build your own team and create the culture and working environment you want to see in your work life. PGP brands put culture at the forefront. Find a company culture that works for you, and leverage it into freedom and flexibility.
Take a brand like Jeremiah’s Italian Ice, for example. They were already well known for their Culture of Cool throughout their home state of Florida, and now individual franchisees are putting their own twist on that community-focused, fun-loving spirit in markets nationwide.
Calculated Risk
Coming of age in the midst of the Great Recession means that you know no business model is a complete guarantee. But franchising gives you the support, training, and tools to work toward success. Owning any business is a risk, but with PGP brands, that risk is calculated and mitigated.
As proven experts in the restaurant franchise arena, we’ve already done the heavy lifting of making sure each PGP-partnered franchise concept works: we work with franchisors to help them perfect their systems and operations, making sure they’re replicable, scalable, and capable of creating unbelievable opportunity for owners.
Ahead-of-the-Curve Opportunities
The fact that you were born and raised in a digital world can also work to your advantage as you venture into business ownership. There’s a small army of up-and-coming brands embracing the cutting edge of technology, which puts you at a huge advantage over older candidates.
Franchising with a fast-casual superstar like Balance Pan-Asian Grille, that has mobile technology built into their business model – both on the consumer side and the employee side – gives younger owner-operators with a natural affinity for tech a leg up on their day-to-day.
Community Outreach
Giving back is one of the most rewarding ways to engage with your community, especially if you’re one of the 84% of Millennials who give to charitable organizations. Franchising can be your opportunity to contribute positively to social causes big or small, or just be a more active member of your community. Many franchisees choose to sponsor local clubs and teams for kids, partner with their school district or contribute to local non-profits.
Plus, while franchisees have the perks of national branding and recognition, they are small business owners. Owning a successful business helps create jobs in your area and keeps community dollars in the community.
Franchising is a hot opportunity, especially for entrepreneurial Millennials. If you’re ready to take your career into your own hands, give us a shout.