‘Lifestyle Rewards’ Rank as No. 3 Reason to Own a Small Business

Owning a small business can give you the freedom and flexibility to match different lifestyles, and that’s important to more than half of entrepreneurs answering a survey across the Franchise Ventures demand generation platform.

  • More than half, or 56.5%, say “lifestyle rewards” are one of their top motivations as they think about starting or buying a business.
  • That’s the third-largest response, after “be my own boss” and “income potential.” The survey allows multiple responses, and “lifestyle rewards” almost always appears in tandem with other answers. 

“Lifestyle benefits can mean many different things to different people,” said Michael Alston, president of Franchise Ventures. “That might mean working from home, or setting your own hours around other needs. It might mean owning a seasonal business and working only part of the year.

“Or it might simply mean doing work that you love, but reaping more financial rewards by virtue of owning the business.”

Want to know how the other motivations ranked? Click Subscribe in the menu to sign up for our email newsletter, or follow us on LinkedIn.

Franchise Ventures is the leading demand generation platform for potential franchisees to thousands of growing franchise systems in the United States and Canada, with franchise lead-generation business that include Franchise.com, Franchise Solutions, Franchise Gator, Franchise Opportunities, Franchise For Sale, and BusinessBroker.net.

Published on Thursday, December 5th, 2019.

Connect with us onLinkedIn

Subscribe to get the latest franchise insights and updates delivered to your inbox.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.