Guidelines for the Home Based Franchisee
In the same way may companies have discovered that working from home can be just as effective as having a corporate office … many franchise opportunities can successfully be established in a home or home office environment.
Business consulting … children's care and service … cleaning … house painting … financial products and ancillary services … photography … travel … advertising and direct marketing … computer training and repair … pet care … sales of intangibles, such as insurance … food service and catering … and Internet based businesses are among the many different kinds of businesses that lend themselves perfectly to the home franchise business model.
It should be noted that certain communities have zoning restrictions and do not allow businesses to be operated from a residential neighborhood. It would be wise for potential franchisees to investigate their local laws before committing to a home based franchise opportunity.
The benefits of the home based franchise are many. First, and perhaps foremost, it enables you to spend more time with your family and being available for your children and their activities. You can set your own schedule and work on your own time table. You have the comfort and convenience of your home … without a costly commute.
A home based franchise can greatly reduce the initial investment necessary to start your business because you do not have to rent an office … plus operating and inventory costs will also be lower.
Here are some practical guidelines for being a home-based franchisee:
- Set aside a designated work place with all the proper "tools of the trade." These items include a desk, a PC, stationery, notebooks and all the other accessories to successfully perform your duties.
- Establish a separate business phone line … this will help separate your home life from your professional life.
- If your franchise requires computerization, be sure to get a computer system that operates at a fast speed so that more work can be done during your work day and better handle Internet connections and email software.
- Establish boundaries between the office and living space and keep your workspace free from distractions including children, pets, and television.
- Have a schedule and maintain it as best you can. Be sure to provide time for meals and regulated breaks. A proper schedule will also help you avoid the trap of working too long.
Who should buy a home-based franchise? Anyone who is self-motivated, self-disciplined, who wants to be their own boss and is eager to break away from the corporate office structure. However, it is important that these lively entrepreneurs select a franchise that will help them achieve their personal and professional goals. Additionally, they should seek franchise opportunities that offer comprehensive training and on-going support.
