Don’t look now, but we’ve just entered the month of August, famous for its “Back to School” theme. Summer is officially winding down, the vacation memories are starting to fade, and a majority of people are gearing up to begin “adulting” again. But for some stay-at-home parents, an opportunity may present itself once the kids are back in school. Should you consider franchise ownership? It might make sense if you have the available bandwidth. And you might be pleasantly surprised with the options that could provide an entrepreneurial side income.
First, let’s look at a few facts. Unlike many people’s preconceived notions about franchising, it’s more than just fast casual restaurants. FranNet maintains an inventory of concepts to investigate in over 30 different industry categories with hundreds of choices to review. Franchises may be mobile-based businesses, work from home opportunities, and even semi-absentee ownership scenarios—though you should always do your own due diligence to make certain that this avenue is a match for your personal situation.
Second, the current landscape of the employer-employee relationship is in flux—to say the least. After working remotely during the ongoing pandemic, many have chosen not to return if it means going back to the office and the dreaded commutes. Others have bargained for hybrid models that offer much more flexibility and freedom that Corporate America has been willing to cede in recent memory. And still some others have done a great deal of thinking about their lives, questioning their situation, and committing to doing something that makes them happier. They want to learn something new, earn an income that belongs to them, and maintain the flexibility that allows them to be better parents and more present in their children’s lives.
For stay-at-home parents whose work-life balance needs a big adjustment, franchising just might be an advisable option.
If you’re envisioning a way to take advantage of the extra time and energy you’ll have as a mom when the schoolkids head to the bus stop each morning, you might be surprised to know you’re in good company. Franchise Insights recently used proprietary data from FranchiseVentures that reveals the percentage of women seeking information on franchise ownership has jumped several percentage points. And the biggest gains were seen in the Gen-X (aged 41-56) and Gen-Y (aged 25-40) generations.
If you’re a stay-at-home parent whose children are about to head back to school, maybe it’s time you took a look at a life more entrepreneurial. With franchise ownership, you can enjoy a business that’s all your own, while still retaining your freedom and flexibility. As part of the largest franchise consultancy in the U.S., FranNet of DFW and Oklahoma can help you investigate and find a franchise that perfectly aligns with your lifestyle and financial goals. And it won’t cost you a dime, as all of our services are no-cost and no-obligation.
Make an appointment, and together we’ll see what’s possible for your bandwidth and your future.