Many of us, because of the covid-19 pandemic, have had a taste of working from home. If you’re now thinking that you could do this full-time and want to start running your own business, you’re not alone.
While you may have a clear idea of what you want to do, setting up a new business is not easy, particularly at this time. That’s why you may like to consider a work from home franchise.
Here we look at what this is, what the benefits are and how to find the right franchise opportunity that delivers on expectations.
The Benefits of Working from Home
If you’ve ever been stuck in traffic or crammed into a crowded train, you’ll know what working from home doesn’t involve – a tiring daily commute. If you’re spending up to an hour travelling to and from the office, that’s time that you can’t get back.
Working from home is also relatively easy and cheap to set up. For many franchise opportunities out there all you need is a computer and a decent broadband connection.
Working from home also gives you a better work-life balance. You can choose when you get to the office, how many hours you work a day and what your commitment is going to be. It’s the perfect opportunity if you, for example, have a family to bring up or are caring for a loved one and want to remain at home while still working.
What is a Work from Home Franchise?
A franchise is a business that has already been set up, has been successful and is now looking to expand. A typical household name like MacDonald’s depends a lot on the franchising model. The franchisee decides to come on board, adopt the franchises operational model and act as a surrogate for the business.
This has several benefits:
- You have an established business model and brand that you know works. You don’t have to build a business from the ground up.
- You also have a ready-made group of customers and fan base that you can draw on.
- There’s a greater chance of success compared to starting your own business and there’s a support network to help you out.
How to Find the Right Franchise
The range of home-based franchises available out there has widened considerably over the last few decades. It’s important to find something that matches your skillset and ability if you are going to be working from home.
One of the biggest developments in franchise opportunities has been in the internet sector. There is a broad range of opportunities. You could become a marketer, for example, or provide advice to customers or develop software.
Educational franchises have also seen a big boost in recent years. There are numerous opportunities if you want to teach either by developing courses or providing online, live tuition.
It isn’t all about being stuck at home. If you have a van and provide, for example, building or construction services, you can set up a franchise that meets your skillset. There are also ‘van-based’ franchises in the food, gardening and retail sectors.
On top of that, there are more niche franchise opportunities such as pet walking businesses, property finding services and even counselling and psychotherapy.
Contact the Franchise Specialist
If you are considering working from home and are interesting in franchising opportunities, contact the franchise specialist today to see how we can help.