Franchise Update Media
Franchise Update Media Digital
Publications
Conferences Education Videos Subscribe
Advertise

There's a Payoff for Home-based Franchising

As we examined last time, home-based franchising can be a great business model, but it's not for everyone. Working from home takes an organized self-starter who can get the job done despite what's going on around them. But for those who are self-motivated, can multi-task, and can balance working and living in their home, the benefits of a home-based franchise can add up to big success.

The choices for home-based franchising are varied and wide - and seemingly growing more by the week. These days there are all kinds of home-based franchise opportunities. Just a few examples include home decorating, home repair, home cleaning, healthcare, as well as a number of pet services. Most of these home-based franchises typically require a lower investment and often offer a more specialized service than their retail and commercial kin.

So if you've decided you have what it takes to operate a home-based franchise business, then you can expect some payoffs. Here's a review of the benefits that choosing and operating a home-based franchise can offer:

  • Lower Investment: There's no building or facility to lease and generally not much equipment or supplies to purchase. The result is a lower total investment cost right off the bat. Some franchise brands even allow you to "outgrow" your home base and expand into commercial property, adding staff and building the business should you so desire.
  • Quick Start: As you might expect, home-based franchises are typically easier and faster to get up and running. There's no new construction needed, no remodeling needed, and little if any equipment to procure. It's not much time from signing the franchise agreement to serving customers and generating revenue.
  • Into the Black: Most home-based franchises not only have a lower upfront investment cost, but lower fixed and operating costs. All of this translates into a quicker cash flow break-even point. In other words, you can generally make money more quickly with a home-based franchise than you can with a traditional franchise location.
  • Flexibility - This is one of the top attractions to a home-based franchise. Set your own schedule and manage your own time. If you have the right self-motivated drive, you can be your own boss and manage yourself right into a successful home-based business opportunity. Some franchise brands even allow franchisees to start out part-time and work their way into becoming a full-time franchisee. This is great for stay-at-home moms or others who are looking to transition out of their current career.
  • Relational business - Oftentimes, home-based franchising lends itself to a very personal and relationship-driven business. For example, you really get to know a person when you are in their home and helping them redecorate or choose new window coverings. Subsequently, these relationships helps drive word-of-mouth referrals to you.
  • Basic franchising benefits - Whether it's a proven system that works, support and training to back it up, or cost-reduced purchasing power, the franchising business model offers many advantages to someone looking for a home-based business.

If home-based franchising looks like a perfect match to you, do your homework, visit with some different brands, ask lots of questions, and make the move. You could be on your way to running a thriving franchise business from your own home.

Social Reach:

Viewer Response:

 

Franchise Guides »


Special Features:


Hot Opportunities

Archadeck Franchise Opportunity

Archadeck
Archadeck is proud to be North America's leading designer and builder of...

Request Information
Jimmy John's Gourmet Sandwich Shops Franchise Opportunity

Jimmy John's Gourmet Sandwich Shops
Jimmy John's franchise success is built upon an unyielding commitment to...

Add
Oxi Fresh Franchise Opportunity

Oxi Fresh
OXI FRESH is a GREEN Carpet Cleaning Franchise and one of Entrepreneur's...

Add
Minuteman Press International Franchise Opportunity

Minuteman Press International
Minuteman Press has been the leader in the printing & graphics...

Add
Papa Murphy's Take 'N' Bake Pizza Franchise Opportunity

Papa Murphy's Take 'N' Bake Pizza
The world's largest, fastest growing Take 'N' Bake pizza franchise is...

Add
Pet Supplies Plus Franchise Opportunity

Pet Supplies Plus
With over twenty-five years of successful retail franchise experience and...

Add
Doc Popcorn Franchise Opportunity

Doc Popcorn
Doc Popcorn is revolutionizing the way people snack in high-traffic...

Add
Bricks 4 Kidz Franchise Opportunity

Bricks 4 Kidz
Bricks 4 Kidz provides project-based programs designed to teach principles...

Add


The Franchise Buzz:


A Franchise Update Media Group Production Franchise Update Media Group | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2014. All Rights Reserved. Site Hosting Provided By: wishVPS on FUMG3
0
Your Request List:
No Opportunities Saved