6 Important Benefits of a Home-based Franchise

12 November 2018

A home-based franchise business is a good choice for so many reasons. Here are six of them.

Benefit 1: Lower Initial Expenditure & Overheads

It’s cheaper compared to renting a workplace, since you will be using home space, electricity, and other things which are mostly covered in your monthly budget.

Also, most of the home-based franchises have a lower initial fee and low capital expenditure as well.

Benefit 2: Flexible Working Hours

Being your own boss with a home-based franchise, you need not stick to regular working hours. Your work schedule can be customized according to your lifestyle preferences. The only impediment would be customer requirements.

Benefit 3: Improved Work-Life Balance

With the home-based franchise system, you can enjoy a better work-life balance, as the working hours can be customized to your personal priorities.

This is one of the best options for a person raising a family and needs to take care of young children.

Benefit 4: Little or No Commute

Most of the people experience a stressful time on the road almost every day, and the reason is their everyday commute.

The wasted time and energy can be better utilized to get work done.

Benefit 5: Low Risk

A home-based franchise usually involves lower capital investments, and business risk. Once your home-based franchise business is up and running, then it’s easier to mentor it than when running your business from a separate franchise location.

Benefit 6: Tax Benefits

If you run a home-based franchise, then you may be eligible for tax advantages. A percentage of your property taxes, mortgage, utilities, insurance, and more may qualify to be categorized as business expenses.

To learn more about the benefits of a home-based franchise business, Contact Us.

10 Common Franchise Terms that You Need to Know

If you are new to franchising then industry jargon is hard to understand. Here are a few common franchise terms that you should be aware of.

Why Should You Consider Owning a Coffee Franchise?

It is a challenge to start a coffeehouse from scratch. A coffeehouse franchise is easier to setup and run, and most likely to succeed.

9 Best Franchise Lead Sources that Brings High Quality Leads

Attracting high-quality leads is one of the biggest challenges that every franchise have faced at some point in time during their successful franchise journey.

9 Franchise Local Marketing Tips for Increased Sales

Local marketing has become an integral part of franchise marketing. Here are a few local marketing tipsto attract local franchise leads and improve sales.

How to Build a Market Profile for Franchise Lead Generation

Market Profiling in a franchise business is researching specific information about your business area to identify business opportunities.

How to Deal with Your Franchise Customer Complaints

At some point in your franchise business, you will have to deal with customer complaints. Here are some ways of dealing with them.

5 Great Tips for a Successful Franchise Opening

A grand opening of your franchise is important for promoting and establishing your business. There is no need to spend a lot on the opening if you cleverly work on it.

How to Identify Your Targeted Audience for Improved Franchise Leads

Everyone will not be interested in your franchise products/services. You need to target the right audience to attract and capture relevant franchise leads.

How to Build a Successful Franchise Business

If your franchise business is to be successful, you need to manage and promote it. Also, it is important to utilize every sales opportunity that comes your way.

6 Important Benefits of a Home-based Franchise

Franchise Now