The fact that part-time franchises have become very popular among the prospective franchisees in the UK is because of the various advantages they provide. The part-time franchise option has spread to diverse wings of the franchising industry today. This has given rise to many such part-time franchises that have been put on offer by the franchisors from different arenas of business operations.
Though there are numerous instances of franchisors providing a part-time franchise opportunity to interested franchisees, there are some arenas which are more lucrative part-time franchise options and have thrived exceptionally well. As an amateur franchisee, you may try out these arenas to start up on your part-time franchise business career.
We have listed the most popular types of part-time franchises in the UK below:
• Internet Services – Services such as web designing, SME marketing, newsletters and other similar services are high on demand but a bit low on supply. Therefore, most franchisors (such as Active Web Design and Loyalty Matters) provide these services as part-time franchise options for individuals who excel in such skills but cannot afford to work full time because of other obligations. With flexible working hours and a fantastic reward for services offered, such part-time franchise options have rocketed to the peak of popularity in no time.
• Pet Care – As care for pets is not an easy task, and most people hire professional help for such purposes, this is also a popular franchise opportunity that can be pursued part time. Franchisors such as Creature Comforts provide ideal part-time franchise opportunities as pet care specialists which you can pursue in your spare time without hampering your work prospects.
• Dating – Dating services, especially online dating agencies such as Affiliate Dating Ltd. can provide you with extremely rewarding yet low-investment part-time franchise opportunities. These require you to work from home and yet manage clients with equal ease and expert support that a conventional franchise option would have done.
• Food Outlets - Franchisors such as The Muffin Place and others offer part-time franchise options to the franchisees that are interested in participating in a lucrative career in business with them. Most of these franchise options require the franchisee to sell the franchisors' products with a margin of profit for the latter. This part-time franchise opportunity can be pursued from one's own backyard or garage!
• Venue Styling – Part-time franchise option offers venue styling services that are a great avenue of acquiring franchise rewards and showcase business acumen for the franchisee. This is a low cost franchise opportunity with a thorough training program organized by the franchisor.
Such part-time franchise opportunities are ideal for people such as stay-at-home parents, mothers and housewives who have other responsibilities to take care of, but have a strong will to succeed in building a prosperous business career in the franchising industry. Most of these part- time franchise opportunities are suited for franchisees that seek to start small and want to gradually build their business.
So if you are one among such wannabe part time franchisees, with such a diverse range of franchise options, you will always find a suitable option to progress in your business career. There are many thousands of part time franchise opportunities across the world and due diligence must be done when selecting what you think is the right franchise for you. With so many there are of course always going to be some which only make a profit for the franchisor so care must be taken to ensure you are buying into one which will work for you. Asking for a list of existing franchisees is always a good first step, this way you may contact them and find out how well the franchise is working for them.
Definition Of Part Time
Part time franchises can be enjoyed by the increasing sector of society that is looked for an additional income stream or who simply do not have the time to go back into full time employment. This could be due to home demands or demands of a physical nature. Let's take a look at the options available and how well they can work for you.
1. Vending machine franchise.
These take very little time to run and most of that time is simply restocking the machines once per week or more depending on how popular the machine is. They can vary widely from drinks and snack machines through to naughty (tee hee) vending machines, toy and gift machines, business card machines, and even weight machines fall into this category. quite simply anything which requires placing a machine in a store or building.
They tend to be fairly expensive for what they are due to the high cost of the machines but you can expect to pay anything from 8,000 - 20,000 pounds for 6 machines with options to purchase more. In many cases the franchisor will find you placement or have agreements in place with the major supermarkets and malls etc but also in some cases you are required to place them yourself.
Pros: Easy to maintain, little work.
Cons: Placement is everything. 6 machines in bad placement may only make you a handful of change each week.
2. Internet Franchises
It is debatable whether you can group Internet Franchises into the part time category but quite simply most internet franchises you get out of them what you put in. There are 3 distinct categories of Internet franchise. 1 Selling a product. 2 Selling a service 3. Providing a service.
Examples:
1. Well you can use your imagination on selling a product, everything from clothes to jewellery.
2. Services such as web design (you do not have to do the designing)
3. Running a local directory providing information to local people about the local area
Prices of course vary but the standard Internet franchise in the UK goes for around the ten k mark, rising to around 30k.
Pros: Work from home, can increase to full time.
Cons: Many are new and not established. Be wary of "made to franchise" internet franchises which may go under within a few years, taking your profit with them.
The fact is: Categorising part time franchises is virtually impossible. Whereas some franchises are full time in their own right, many of the home based franchises can be run to your own needs and expanded if time becomes more available.
The main thing to look for is what the franchisor requires from you. Obviously paying a large fixed chunk of your monthly earnings may not be possible or viable if you only want to work 15 hours per week so you want your monthly fee to be based on earnings. When talking to the franchisor remember to discuss with them your requirements and how it may affect the business you are buying into.
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