Who doesn’t love the idea of making a living with a business concept that’s affordable? For some, a flexible and affordable business opportunity is the only possible way to enter into franchising. For this reason, home-based entrepreneurs are on the rise, and for excellent reason.
Overhead costs? Slashed. Costs related to hiring and maintaining staff? Slashed. For many home-based franchise systems, costly aspects of running a business are halved or eliminated. Franchise partners looking to work with an established brand and stay home have the advantage of not having to deal with real estate issues and can avail of a measure of flexibility that is highly attractive.
Franchisees seeking to join a franchise system with this kind of flexibility experience ongoing rewards and the satisfaction of maintaining a business with less expense.
What kinds of sectors are opening the door for home-based franchise management? Plenty.
Elder care franchise Home Helpers has been offering franchisees access to a community-conscious business concept in a booming field for nearly 20 years that enables from-home operation. Top ranked and featuring a streamlined system for franchisees, home-based operation has only benefited the business by creating a more affordable concept. This allows each investor in the brand to focus even more on maintaining the integrity of the elder care sector in their respective community.
Another recession-resistant franchise industry, tax servicing, has seen ongoing growth despite any shifts in the economic climate. Similar to the ever growing need for reliable care for aging populations, tax support services will always be required by businesses from all industries. Padgett Business Services positions itself as the multi-purpose small business servicing franchise, offering tax support, accounting, payroll solutions, and much more. With franchise locations across the U.S., Padgett has a reputable nationwide presence and continues to expand after 40 years of ongoing experience.
Two more sectors that work well for home-based franchisees involve tutoring and vacation. Many turn to services in either sector to get the help they need—either to establish higher scores in that challenging mathematics course or to get away for a much needed break from the day in and day out grind.
Tutor Doctor and Cruise Planners-American Express Travel have become two incredibly successful low-cost options for those seeking to run a business with ongoing support while avoiding the expense of paying for an office or location outside of home. Both brands offer comprehensive training, require no previous industry experience, and offer franchising opportunities in a variety of territories across the U.S.