Investing in a franchise that allows you to work out of a home office has a great deal of benefits: Managing your own time, a casual environment, flexible schedule, low overhead, quick start-up. However, it is akin to any business or investment, it will take time, hard work, dedication and, before anything else, you'll need to do your research and due diligence.
Via Inc.com, Issie Lapowsky addresses some of the basic misconceptions of starting a home-based franchise (or any home-based business for that matter) and the questions you need to ask when working with a Franchisor and choosing which one to invest in.
Some crucial points to remember:
Investing in yourself, to run your own business with the support and proven systems of a franchise, is an opportunity to create excellent returns and a higher quality of life for yourself; just be prepared for your investment and understand what's needed of you.
Would you prefer a home-based venture, or a business that got you out of the house?
There are a few difficult things in this world that we all experience, regardless of country and culture. These are wars, pandemics, and economic hardships. And though these make for tough times - throughout history, we have overcome them each time. As the economy starts to slow - both here in the US and globally, […]
When considering the leap into business ownership, franchising is a compelling option. Often celebrated for its blend of freedom and support, buying a franchise is the best of both worlds. But like in any significant investment, franchising comes with its own set of pros and cons that potential buyers must carefully evaluate. At FBA, we […]
Comparing the average amount and likelihood of annual raises and commission boosts at a traditional “job” to the financial benefits of franchise ownership. Written by Matt Lucas, Co-Founder of The Franchising Company In the traditional workplace setting, the prospect of getting a raise can be quite challenging for many employees. Factors such as company budget […]
