There are options such as starting with a completely own business or taking up a franchise, starting a small sized business or a medium size and so on. Self employment has many advantages as it provides many options wherein each individual could realize his or her potential and make a choice based on their strengths and weaknesses. If a person is passionate about a certain business and has the knowledge, network and finance required; to pursue business in same line would be the most apt decision.

2. completely on their own. What counts’ is – the attitude and the commitment.
‘Not all are made for self employment’ – Is that true?
Not really! Every one possesses ability to analyze, lead, build or 100 other qualities
needed to be an entrepreneur. It is just a matter of choice. Some choose to work as an
employee, some like to be an employer and some just an entrepreneur who is
Transition from out-of-a-paid-job to self-employment is a huge career move for anyone in any
part of the world. The most difficult task is to make the decision itself. It is necessary to
streamline various abilities and options, analyze potential before getting into conclusion.

3. Self employment is an option that has its own pros
and cons. Therefore it is important to carefully
analyze individual potential before making the
choice, not to see if one has the abilities. Having
awareness of self, helps in handling or tackling the
issues as one can be more prepared by training
self in the areas of improvement.
Any book on self employment will state that the
qualities of an entrepreneur encompass Confidence,
Self Starter, Competitive, Creative, Leader,
Determined, Strong People Skills, Work Ethic,
Passion and ability to face Failure. It is however true
that everybody possesses these skills and the skills
are set to take better shape with experience. What
then is most important? ‘The willingness’.
Every individual thinks of starting something on their
own at one point of time or the other!!

4. There are options such as starting with a completely own business or taking up a franchise, starting a
small sized business or a medium size and so on. Self employment has many advantages as it provides
many options wherein each individual could realize his or her potential and make a choice based on
their strengths and weaknesses. If a person is passionate about a certain business and has the
knowledge, network and finance required; to pursue business in same line would be the most apt
decision. For an individual who wants to be in a considerably protected zone, with least risk possible
and proven business formulae to run the show, a franchise would be correct option. Franchise
business options are available in all sizes from one man to over 100 employees; all industries and
professions.

5. Franchising is most sought after self employment of the current era for many reasons.
Reasons such as :
 Tried and tested formula & proven success
 Reduced risk
 Established brand name
 The economic niche
 Initial training and set up
 Shared marketing
 Continuous support
 Controlled territory rights and competition
 Financing
 Accessible information on business.
It is however important to make the right choices before zeroing down to a franchise.
Considering features of business such as :
 The relationship between franchisor and franchisee
 Extent of authority
 Finance, legal and rights aspects of the business

6. is also very essential. IIHT Technologies, India is for example, a franchisor
company which offers a business proposition to train the youth in latest
technologies. The fast growing technologies do not let a business such as a
training institute in technologies ever to go out of business!! IIHT Technologies
Franchises are well in demand almost in all countries as the structured learning
offered by it in an enabled education eco system has resulted in exponential
growth of the company. It allows any new franchisee to fully understand the
terms and carefully analyze the potential before entering into the franchise
agreement. The franchise opportunity is available in various sizes such as a few
short term courses to master’s graduation and customizes its product as per the
requirement in the region of delivery.
Salient features such as these, make franchise business more preferred as the
self-employed/ franchisee also enjoys faster and greater return on investment.
Transition from ‘employed to self employment’ thus
encompasses determination, commitment, research,
analyzing potentials, exploring opportunities, choosing
the best alternatives and initiating the process.

7. Corporate Headquarters
#15,Sri Lakshmi Complex, 4th Floor, St. Marks Road, Bangalore - 560 001. India
Tel: 91 80 6160 4545 e-mail: franchise@iihttechnologies.com
web: www.iihttechnologies.com/