More people than ever are working from home and you could be one of them if you decide to invest in a home-based franchise. Home-based franchises offer a multitude of benefits to franchisees, from boosting your profits thanks to lower overheads to being more present in your children’s lives.
So, what really makes home-based franchises such a popular choice?
Work from the comfort of your own home
Of course, a premium benefit of owning a home-based franchise is that you get to work from home or whatever other location you choose. If you want to work from a townhouse in London, a villa on the French Riviera or an apartment in New York, you have that flexibility. You can choose to work in your pyjamas or don full business attire every day. The choices are endless and it really is up to you!
Opportunities in an eclectic range of industries
No matter what your background, experiences, skills, and preferences may be, there are simply so many different home-based franchise opportunities that you will be able to find the one that is tailor-made for you. For example, you can invest in home-based pet franchises, travel franchises, fitness franchises and even cleaning franchises. Remember that it is important to invest in a franchise that sparks your interests and passions as this will boost your quest for success during your business journey.
Spend more time with your family
Achieving a good work/life balance is essential for your mental health and holistic wellbeing. Home-based franchises offer this on multiple fronts. Firstly, being home-based ensures that you spend more time at home, where you can be present for your children and spouse, even during working hours.
Secondly, being your own boss provides you with the opportunity to set your own hours and delegate tasks that you do not want to do in favor of dedicating more of your time to be with your family. This can be extremely important for your wellbeing and theirs as it can give them an added sense of security to have you around.
Wave goodbye to early morning commutes
Very few people enjoy their morning commute. Some research shows it can anxiety and depression. Do you hate being stuck in swathes of early-morning traffic as you navigate your way to the office? Do you dread boarding that crowded train or bus that makes you feel like a sardine, packed into a can? Predominantly working from home alleviates that stress factor in your life because your longest commute will be from your bed to your home office desk.
Flexibility to choose your own “office” environment
Generally, most commercial office spaces are large and full of people who each have their own set of preferences about the ambiance. It is not unusual for offices to be extremely hot in summer and cold in winter. Once again, you have the flexibility to choose the conditions that are best suited to you.
Receive all the traditional benefits of franchisees
Being a home-based franchisee does not stop you from enjoying the kinds of benefits that every franchisee gets to experience. For example, when you invest in a home-based franchise, you are still your own boss and have the flexibility to set your own hours and create a bespoke work system that benefits your individual needs.
What’s more, you will still be able to take advantage of other benefits that are on offer, such as being a part of a trusted and recognized brand and receiving ongoing support for your franchise from your parent company and staff training.
Lower your overhead costs and general expenditure
As a franchisee, one of the biggest expenses can be renting premises where you can base your business. Home-based franchises eliminate any need for paying expensive monthly rents so that you can enjoy lower overheads and expenditures. As a bonus, you will also be saving money on paying for gas, electricity, and other services. Ultimately, this can translate into running a more lucrative business that delivers bigger profits.
Affordability for every budget
Home-based franchise opportunities suit all kinds of budgets and often allow third-party financing that gives you the extra chance of being able to invest, even if you do not possess the capital to put down money upfront. Furthermore, some home-based franchises are cheaper to buy than workplace-based franchises, so this can be a great option if you are working on a tight budget.
Overall, home-based franchises have become a popular choice with people that want to invest in a low-risk, high-reward industry. For anyone who values increased flexibility, reduced work-related stress levels and more choice about their working patterns, these franchise opportunities can be ideal. If you are ready to realise your career potential, now is the time to join the people who have spotted the benefits that are on offer from home based franchise opportunities.