đź•’ Estimated Reading Time: ~3 minutes
Part-time franchising can be a perfect match for those who prefer to limit their working hours or who want to start a side hustle while keeping their “real job.” Many types of franchises are not restricted to shopping center hours or weekday commitments. In fact, a good variety of franchise opportunities can be customized to fit your need for part-time income.
<div class="_form_1"></div><script src="https://franchisedirect52345.activehosted.com/f/embed.php?id=1" type="text/javascript" charset="utf-8"></script>
As always, you need to decide what will be interesting and good for your working style, but part-time options are numerous in these categories:
Mobile Franchises. Because these businesses don’t require a storefront, you can operate them from home and generally choose your hours of availability. From home cleaning to tree services, you can establish appointment scheduling to match your available day. Gotcha Covered and Screenmobile design and install window treatments. With a supportive producer of the materials, a franchisee can schedule estimates and installations on the days reserved to working the franchise.
Consultant and Business Broker Services. Many franchises in this group are personal services that offer one-on-one interaction with clients. Meetings can be scheduled after hours or on the days you choose. Blue Moon Estate Sales could operate sales on weekends or every other week—whatever makes sense for you. Coaching and training services from Global Financial Training Program and Digital Marketing Training can be scheduled first and then solicit attendees and participants.
Home-Based Franchises. As many of us are working at home right now, it is easier to imagine ways to make that aspect a permanent way to create income. Vending franchises can be worked from home, as can most service companies. You could even sell existing franchises if that sounds like a good way to get more familiar with various industries.
Benefits to Part-Time Franchise Ownership
Naturally, you are thinking of part-time for your own reasons. Perhaps you want more time with family or want to stay in your current job until you know how well a franchise will work for you. In addition to meeting your own goals, here are more benefits to part-time franchise operations:
- It can be economically wise. During an economic downturn, having your own, or additional, source of income could leave you in a better position if your original job goes away. And as the economy recovers, you’ll already be in a position to reap the benefits of growth.
- Part-time costs are generally lower. In addition to lower overhead for part-time franchises, there is usually a lower initial investment in product inventory, if there is any inventory at all.
- You walk before you run. Part-time allows you to try things before you invest all your time in one project. And who knows? If it's super successful, you might decide to go all-in and operate on a full-time basis.
- Seasonal work might offer long vacations. Seasonal franchises like tax preparation or insect control companies are heavily sourced for only part of the year. After crunch time, you can enjoy months of travel (or even open a seasonally complementary franchise).
No matter your reasons, part-time franchise opportunities can be a boon to your wallet and your career options in the short-run, and in the long-term. Determine how best to meet your personal and financial goals, and you’ll be happy with a part-time franchise.
Anne Daniells is a co-owner of Enterprising Solutions, a professional services firm specializing in corporate communication and financial improvement for businesses where she shares decades of corporate and entrepreneurial experience—including franchise ownership—in her writings on business culture. She has authored hundreds of articles for publications including AllBusiness.com, TweakYourBiz.com, and MSN.com. Reach out via her website for more on where corporate culture, communication, and human architecture collide.