Sally Wright has just taken early retirement,including a substantial retirement allowance.She wishes to continue working and wants to invest her retirement allowance in her own small business,and feels comfortable doing so with an established product and process.She worked for the same employer in the same job all of her working career and therefore has no experience in running her own business.In starting her own business she would be well-advised to:

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Since Sally has no experience in running her own business, buying a franchise would be the best option for her. A franchise provides a proven business model, a recognized brand, and ongoing support and training from the franchisor. This would reduce the risk of failure and increase the chances of success for Sally's small business. Additionally, since Sally has a retirement allowance, she could use it to buy a franchise instead of starting a business from scratch or buying an existing business, both of which would require more capital. Working for someone else in an existing small business for the next 10 years would not be the best option either, as Sally's goal is to become her own boss and invest in her own small business.

Sally Wright Has Just Taken Early Retirement,including a Substantial Retirement