It seems too good to be true – running your own business, right from the comfort of your own home. But for many franchise owners, it’s a reality.
As franchising opportunities grow, so do the opportunities for home-based franchising. If you want to run a franchise from home, you’ll have to do your homework and make sure that you find a legitimate opportunity. But once you do, you can get 5 great things out of it:
1. No Commute
How much more could you get done in a day if you didn’t have to sit in traffic during your daily commute? When you work at home, your office is right down the hall – so as soon as you get up, you can get to work!
Plus, when you work from home, you don’t use as much gas, and you don’t put as much wear and tear on your car. Those are 2 things that can really save you money!
2. Better Time Management
When you work at home, you can set your own hours. So, if you’re not a “morning person”, you can start working later in the day when you’re fresher and more alert. That way, each project gets your full attention – without you falling asleep at your desk.
3. Fewer Start-up Costs
Any franchise is going to come with start-up expenses. However, you can drastically reduce yours by working from home. After all, renting office space is expensive! By working at home, you can have fewer expenses – which means it won’t take you as long to turn a profit.
4. Growth On Your Schedule
Starting a home-based franchise may sound great now, but you may get to a point where you want to work in an office, or you want to add more employees. When you operate a franchise from home, you can do things at your own pace. If you see early success, you can expand to a bigger space, or you can hold tight at home and hang onto the extra profits. The choice is yours!
5. A Professional Business
Just because you work at home doesn’t make you any less professional than franchisees who work in an office. Your home-based franchise will get the same training and support as other franchisees. In fact, good franchisors will often come to you for in-person support – whether you’re at home or in an office!
Before you start any home-based franchise, though, make sure your franchisor will be willing to provide you with the support you need – like IT equipment, marketing techniques, and public relations services.