Starting a part-time franchise is a great opportunity that can lead to the growth and development of a successful business. Reasons vary, but many franchisees that are looking to work at their own pace, control their own schedule, or earn a supplemental income are frequently opting for the part-time franchising.
The motivation for starting part-time franchises can differ for males and females. Research shows that combining work with education or leisure time is the main goal for male franchisees, while female franchisees were found to prefer part-time franchising as it helps balance work and family. Part-time franchising is also an attractive choice for women when returning from maternity leave, people with young families or stay-at-home parents.
Researching the opportunities available to you is crucial before you make any decision. As franchise expert Joel Libava states, “There are really only a few franchise concepts available that offer the freedom and flexibility that can allow you to keep your day job, and be an owner.” One example of a franchise that allows for part-time ownership is Sport Clips. In fact, the company recommends that new franchisees maintain other career projects as a perk of its manager-run business model.