If you’re a budding entrepreneur interested in franchising, but you’re unfamiliar with the term ‘semi-absentee’, we have a quick refresher for you:
Semi-absentee business model – A semi-absentee franchise is an opportunity that doesn’t require a full-time commitment as a franchisee owner. As we’ve said before in this space, you literally do not have to quit your day job to become a franchise owner.
From a time-commitment standpoint, semi-absentee franchise owners can expect to spend anywhere from 15-20 hours per week overseeing their operation. And that got us thinking about the burgeoning value of working from home. Here is a statistic or two that might be of interest when it comes to home-bound employees (besides the lack of a traffic-laden commute!):
According to a Quartz Work Community update: “The steady rise of Americans working from home continues. According to recently released data from the US Census, 5.2 percent of workers in the U.S. worked at home in 2017—or eight million people. That share is up from 5 percent in 2016, and 3.3 percent in 2000.
Could you manage a franchise operation from the comfort of your home? If it’s a semi-absentee opportunity you’re looking for, that answer is a resounding yes. Some franchise concepts are specifically set up to appeal to those who want to work from home. Still others are set up to operate as semi-absentee business models. That’s the beauty of having over 4,000 different franchise concepts to choose from. You’re certain to find a franchise that suits your style to a tee.
A few common examples of franchise concepts which rely on the semi-absentee model and ones in which you could work from home include consultancies, landlord management and service-oriented care businesses. If you would like a more in-depth look at a few popular semi-absentee franchise opportunities, a qualified FranNet representative can help you get as informed as possible about your choices.
It’s true that a semi-absentee franchise opportunity still needs to be a good fit for your current situation. Perhaps you still want to hang on to your day job. Or maybe your stay-at-home philosophy needs a tweak or two to work within the confines of the business plan. Either way, FranNet can help you sort it out, putting you in touch with other semi-absentee franchisees who we’ve helped in the past. That will be some first-rate validation, if you’re interested.
When you decide to make an appointment with one of our qualified FranNet consultants, keep in mind that you’ll be speaking with a representative who both lives and works in your area—and understands the local business climate. In fact, you could probably trade stories about traffic-laden commutes—assuming you have one to complain about.
At FranNet, we’re interested in making your entrepreneurial dreams come true. And we do it in a no-cost, no-obligation setting. If you’ve felt the urge to get a little “side-hustle” going on in your life in the form of a franchise opportunity, come hear what advice we have to offer.
Let’s chat! There’s a local FranNet consultant right in your market who knows that market inside and out – knows the personality of the market – knows the competitive landscape. FranNet has a great track record of assisting individuals on their path to entrepreneurship, and one of our franchise experts would love to provide you with guidance free of charge. Sound like something you might be interested in? Get started here and find your local consultant right now!