In the following franchise report, Franchise Direct has examined the multi-faceted home-based franchise sector. This business report provides financial information on a range of home-based franchises, not to mention plenty of insight into the demands of running a business from home.
Home-based franchises are one of the most popular franchise sectors out there, with many opportunities on offer. Home-based franchises fall into wide range of industries, and while the profitability of a home-based business can vary, the industry itself is on the rise.
Home-based franchises are at the cutting edge of a shift in the American workplace. This study reports that more people are choosing to work from home, bolstered by the sense of personal freedom it provides. Home-based franchises are particularly enticing for women, who can juggle the demands of work and family with much more ease while at home. With technological advances making the office only a click away, many workers are now asking themselves not whether to work at home, but which home-based franchise to choose.
Franchising, which has adapted easily to most American working trends in the past, is perfectly geared towards the home. Practically every franchise out there can be tailored to suit the home office, with commercial cleaning franchises the most popular home-based franchises at the moment. The Franchise Direct report provides in-depth statistics on the profitability of some of the most popular home-based franchises.
That said, working from home is not ideal for everyone. You will have to be organized, disciplined and self-motivated to make a home-based franchise work for you. But if you have been thinking about a career change and have the right mindset to be your own boss, this report states that home-based franchises are a great alternative. They offer a low-cost, low-risk startup and have a proven track-record during past recessions.