Home-Based Franchises

What is a home-based franchise?A home-based franchise is run from a home office rather than a shop, office or industrial unit. You meet clients at their premises, online or in hired venues, and handle the admin, marketing and planning from home. It covers a wide range of models, from accountancy, HR and recruitment to tutoring, children's activities, employee benefits and property services.Why choose a home-based franchise?With no lease, business rates or fit-out, the start-up cost and monthly overheads are lower, so more of what you earn stays in the business and break-even can come sooner. There is no commute, and many models fit around family life. As the business grows, most franchisors will help you take on staff or move into an office when the time is right.Who does it suit?Home-based franchises suit self-motivated people who are comfortable working on their own for part of the week and who are happy to get out and win customers. Professionals leaving corporate roles, parents looking for flexibility and people changing career often do well. Ask each franchisor how much of the role is selling, and how they help you win your first clients.What should you check before buying?Ask where leads come from, how much is generated centrally, what the ongoing fees are and how long it typically takes to reach a full-time income. Check whether a home office is enough long term or whether most franchisees end up taking premises. Speak to existing franchisees, and enquire through any listing above for a prospectus and territory details.

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