I’ll be closing a deal to start a semi-absentee model franchise in the next few months. I plan to keep my day job while getting the business off the ground. I’d love to quit my job and go all-in if I reach a point it can fully replace my current income.
Should I tell my boss I’ll be running my own business 15-20 hours per week? I worry it could impact my career if they think I’m going to jump ship in a couple years.
In most cases, you are under no obligation to tell your employer about your employment/business activities that take place outside of your employment (i.e. during your non-work hours and using your own resources).
If you do any work on your business during your normal work hours, use any resources from your job for your business, etc. there is risk that if your employer finds out, they could terminate your employment and take legal action.