Quit Your Job - In This Economy?

With unemployment rampant and layoffs continuing at a high rate, most of those with jobs are just happy that they have a steady income and a hopefully stable future. Ask those that are still employed and they would likely consider themselves fortunate to have a job in these uncertain times. So why the heck would someone want to quit their job and start up a Rent-a-Center franchise? Believe it or not, there are some brave souls that consider an economic downturn the perfect time to start up a new business, even if conventional wisdom says you probably shouldn't be taking any risks. After all, if your new business fails, what do you have to fall back on? If you can't find another job or source of income, you've got to eat up your savings to keep meeting your bills. And not all of us are fortunate to have six figures sitting in the bank.

Before you go searching for a rent to own store profile that seems like one you'd like to invest in, you probably want to think a little bit about your situation. While you can dive headfirst into a new business without really thinking about it, what many have found useful is to employ the help of others. Talk to local business people. See what sort of resources are available for educating prospective small business owners. Read local and national publications for ideas on what sort of business you might want to open. If you do the research and find what you think is an opportunity, there's only one thing left to do-go for it or not. No business is a guaranteed success, so there's always going to be some element of closing your eyes and jumping into the water feet first.

If you're intimidated about dealing with rent to own contracts, perhaps you'd be more comfortable with some other sort of business. A restaurant is a hard business to make work, but if you've had previous experience and you see an unfilled niche, perhaps you can make it. Thrift stores can be very popular in downturns, so perhaps that's the answer. Or maybe you've always wanted to turn your home brewing experience into something a little more and get that brewpub started that you always dreamed of. No matter what it is, remember that hard work and perseverance are the things you can control. Put the time in and you never know what might happen!

Alice_Lane

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