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What Are Owner Operator Franchises?
Becoming a business owner via franchising is a great route to self employment. You're backed by a proven brand, established business model and get full training and support. Despite the abundance of support available to you, you're still in business for yourself. Franchising isn't employment, its business ownership.
Owner operator franchises are businesses where you - the franchisee - carry out hands on work for your clients or customer. This is unlike management franchises, where you employ staff to do this role, while you manage the business in broad oversight.
Examples of Owner Operated Franchises
You can probably already think of a fair few types of business that are run by its owner! But here are some good examples, ones that are extremely prominent within the franchising sector.
Professional Cleaning Franchises
Oven cleaning business opportunities are great examples of owner operator models. The business owner spends time on the road valeting the customer's appliances, be it ovens, extractors, BBQs, hobs or AGAs.
Oven cleaning is an extremely profitable franchise, drawing in £80 per clean on average. Furthermore, oven cleaning can be developed into a management business, or continued owner operator but with additional staff. Just think of the profits!
Other owner operator cleaning franchises include window cleaning franchises, car cleaning franchises and driveway maintenance.
Children's Activity Franchises
From messy play to children's yoga, children's activity and sports franchises are taking off not only due to their often low franchise investment and attractive profits, but due to their attractiveness and the fact they get children active and moving.
Children's sport and movement businesses are usually owner operated to keep overheads minimum, so you'll need to have a passion for helping little ones!
Silent Salesman Business Opportunities
Specifically vending type businesses. A "silent salesman" business is one where money is made without the franchisor actively selling products or services. Vending machine franchises involve the franchisee purchasing (or agreeing lease) of vending machines or towers, often as part of the franchise investment. The client (with nothing to lose), accepts the franchisees offer to place a vending machine on their premises, which over time, sells product. The franchisee makes profit from the stock sold. Tubz is a well-known vending franchise.
Other owner operator franchises range from dog walking, to mobile coffee, hog roast, there is so much out there.
Reasons to Consider an Owner Operator Business Opportunity
There are many reasons to consider an owner operated franchise opportunity. Firstly, costs are usually cheaper when starting the business. Costs can mean both money and time. When it comes to employing staff, you need to manage payroll of these staff, while ensuring they are DBS checked and are insured. Depending on the type of business, you may not immediately make enough turnover to cover their salary, therefore, working capital will need to pay these wages. Running a business with staff can be demanding work, especially in the early days. Therefore with an owner operator franchise you can cut out this overhead, at least until the opportunity to expand presents itself.
Minimal overheads are one of the biggest reasons to choose an owner operator franchise, along with lower investment cost. And without staff, there is no dependence on you as an employer. Unlocking better flexibility and work life balance, to run the business at your own pace.
Could you be a business owner this time next year? Explore a world of owner operator franchises at Franchise Planet.