Is Owning a Small Business Worth It?
You’ve heard the adage about entrepreneurs: they work 80-hour weeks for themselves to avoid working 40-hour weeks for someone else. As business owners whose entire model is centered around helping people start their own healthy vending business, we’re obviously big fans of entrepreneurs. So, is owning a small business worth it? At Healthy YOU Vending, we say yes, although it’s only fair to explore both sides of the coin. Here’s a look at the benefits and downside of being your own boss.
Pros of Owning a Small Business
Call the Shots
As a small business owner without a boss to answer to, you’re the primary decision maker. That means you call the shots. Sure, it also means you have a lot of responsibility. But that independence ultimately puts you in control of your business.
Pursue Your Passion
According to a survey, 60% of small business owners feel personal satisfaction from running a business that allows them to pursue (and profit from) their interests. Owning a small business means bringing your dream to life, knowing that you’re the creator of a business built on your values and vision.
Financial Freedom
There are a lot of costs associated with starting a small business, but the eventual goal is to create and control your own wealth. Without a business partner or employees, that’s fewer people to pay, which means more money in your pocket. Being able to run your own business and be your own manpower is just one of the perks of owning a Healthy YOU Vending machine business.
Set Your Own Hours
Sure, small business owners tend to put in a lot of hours––likely far more than you would at a 9-to-5 job. But there’s the added benefit of making your own schedule. You decide when and where to work. After all, you’re the boss.
Cons of Owning a Small Business
Burnout
The flip side of setting your own hours? As a small business owner, you’ll likely work longer and harder than you would working for someone else. And even when you aren’t working, you’re probably thinking about your small business. Just remember, the payoff is worth it in the long run, as you’re creating a future you can be proud of.
Lack of a Steady Paycheck
Owning a small business can be a drain on your finances. You may not get paid for a while and you may have a lot of expenses. For this reason, many entrepreneurs consider their small business a side hustle while they continue to work full-time.
Trial and Error
When you start a small business, it’s easy to feel like you’re winging it. And because small business owners run just about every area of their company, it may sometimes feel like your business is running you. Marketing, sales, customer service, payroll, supply––wearing multiple hats can take a toll. A franchise may seem like the solution when it comes to needing a playbook, but that also means giving up a certain amount of control––and isn’t being in charge of your own destiny a big reason why you started your own business in the first place?
A Great Compromise
Luckily, Healthy YOU Vending is a unique opportunity that offers the support of a franchise with the freedom of owning your own business. We don’t just sell healthy vending machines––we help people start their own successful, healthy vending business.
Owning and operating a Healthy YOU Vending machine business means you’re never alone. You’ll receive:
- Unlimited lifetime coaching and support
- Location procurement
- 24/7 online support
- Access to our discount buying program for healthy vending products
- A custom website for your business
Plus, right out of the gate, you’ll have an opportunity to attend Healthy YOUniversity, our intensive, two-day training that teaches everything you need to launch your healthy vending business––and succeed. And the best part? You receive franchise-level support without the ongoing royalties and fees. That means you’re in control of how many machines you own and operate, and the income you earn stays with you.
Owning a small business is one of the most rewarding and challenging things you can do. Although it requires considerable sacrifices, the positives of owning a small business can outweigh the challenges. Contact Healthy YOU Vending today to learn how you can get started on the road to being your own boss.