Flexibility ? operating a home-based franchise from home can give you more opportunities to set your own hours; you may be able to start part-time; then increase your hours later as your situation changes.
Family time ? family time is likely to be more readily available when desired or needed
Fewer costs - overhead would not be an expense since there would be no need to rent office space.
Possible tax write-offs ? it may be possible to write off a portion of your home that is used as an office
Personal touch ? you are more likely to get to know your clients well and build a rapport with them, increasing your business largely by word of mouth.
Possible disadvantages of home-based franchise opportunities
Little reprieve ? since you are likely the only person operating your home franchise, you will be responsible for all facets of the business; therefore you may have little opportunity to be far away from the business.
Multi-tasking ? you must have the ability to juggle all of the jobs needed to run the business smoothly including marketing, customer service, and finances.
Business vs. family ? you will need to develop the skills to keep your personal and business life separate; different phone lines would be one way to accomplish this goal.
How to find home-based franchise opportunities
For the most part if you do your homework, you will find many interesting legitimate home-based franchises that you could participate in. There are a variety of web sites that offer listings highlighting this type of franchising. Newspaper ads and word of mouth can also be sources. It makes the most sense to research possibilities in which your specific interests and talents lie.
How to determine the safety of a home-based franchise opportunity
Begin by staying away from hyped up advertisements that say how fast you can earn large sums of money with little effort since these are usually scam's. Also, if full contact information for the company is not obvious, it is best to consider a different opportunity.
Once you have narrowed down your choices, further investigation is in order. There are some questions that you should obtain answers to in order to determine the legitimacy of a particular opportunity. Find out how long the company has been in business. Also assess the company's reputation by talking with other franchise owners. In addition check out complaint histories with agencies such as the Better Business Bureau.
Finally, as you research opportunities, ask yourself how running a franchise from home would fit into your lifestyle. Then analyze your final choices carefully to determine which franchise would suit you best.
There are hundreds of small business franchise opportunities that allow you to work from home, but with the all the added benefits of a franchise model. When you align yourself with a franchise opportunity you enjoy the benefit of having an established name behind you. Instead of building a home based business alone through trial and error, home based franchise opportunities give you the advantage a tried and true set of processes and a support team of people who want you to succeed. In this article, we'll take a look at 5 of today's movers and shakers among the many small business franchise opportunities.
Mobile Pit Stop - $3,000 Mobile Pit Stop is a modern day oil change service that is, you guessed it-mobile. In the case of this franchise opportunity, mobility has 2 major benefits. The first is the obvious financial benefit of saving on expensive real estate costs. Second, the market is ideal for businesses that offer time-saving convenience services.
With this automotive franchise, it won't be difficult for entrepreneurs to build a steady customer base of busy individuals who would rather have their oil changed while they're at work or at home rather than sitting for hours in a greasy waiting room. As you grow, expansion by adding more vehicles is simple. With 10 vans doing 10 oil changes per day, you can expect a profit of $400,000 a year.
Home Team Inspection Service Consider the number of homes sold in your area last year and imagine the market potential for a reputable home inspection service. The home inspection industry is here to stay and will always be in demand. If you're good at establishing business relationship, this is a great opportunity. Aligning yourself with just a few local area realtors can quickly put you on the road to financial success.
Business Card Experts Advances in technology have unleashed the potential of low cost printing. Likewise, the internet has eliminated traditional barriers associated with the printing process, allowing you to work from home while printing is done offsite. The great thing about a business card franchise opportunity is that it is that reoccurring sales are inherent to the business model. Once you make a sale, you're can keep that account for life and build a very profitable residual income stream over the years.
All About Honeymoons One of the greatest aspects about working for yourself is the ability to do what makes you happy. If you're the type of person who loves to make others smile too, then this home based travel franchise for sale might be for you. You'll be a travel consultant, needing only your phone, a computer, and the desire to help couples plan one of the most anticipated events of their lives.
Brazilian Springs Bottled Water The bottled water industry is a $15 billion dollar industry meaning that there is lots of potential for growth with this home based franchise for sale. The American public is already accustomed to the idea of purchasing and drinking bottled water, you only need to show them how Brazilian Springs is the right brand. Brazilian Springs makes this easy-proceeds from sales go toward preserving the rainforest. Plenty of real world product studies from Ben and Jerry's to Campbell's soup products have proven that consumers are willing and eager to support worthy causes by choosing products that donate proceeds.
These 5 small business franchise opportunities are just the tip of the iceberg! Conduct a franchise search for "home based franchise small business" and you'll uncover lots of incredible opportunities. Don't confuse a franchise small business for sale with one of those "get rich quick" schemes. A reputable small franchise for sale will require work, passion, and dedication just like any other franchise opportunity. The difference is that you have the freedom to work where you choose and set your own hours.
Both Arthor Pens & Christine Harrell are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Arthor Pens has sinced written about articles on various topics from Affiliate Programs, Pets and Pets. FranchiseBuyersNetwork.com offers and business opportunities for sale. Looking to buy a franchise or start a franchise? Receive free i. Arthor Pens's top article generates over 90500 views. to your Favourites.
Christine Harrell has sinced written about articles on various topics from Mortgage, Careers and Job Hunting and Personal Desktop. Author is a freelance copywriter. For more information on , visit. Christine Harrell's top article generates over 550000 views. to your Favourites.