Whatever your reason, an internet franchise can provide a whole host of advantages to a franchise seeker, including these four:
No Employees. If you consider yourself to be the "hands on" type, then an internet-based franchise fits the mold. Most are owner-operated, so you don't expose yourself to the nightmares of hiring and scheduling, which are ongoing challenges with a retail or fast food franchise. Also, consider the savings you'll realize by not having payroll expenses.
Affordability. Just because you don't have $300 thousand to buy that popular sub shop doesn't mean you're out of the franchise game. There are plenty of home based franchises that are just as lucrative as a brick and mortar franchise, and even more in some cases. Obviously, your savings is huge by not requiring a retail store front, expensive equipment, and inventory. There is also a much quicker ramp up to profitability.
Numerous tax advantages. A home based franchise entitles you to many legitimate tax deductions that can potentially be worth thousands of dollars during the course of a calendar year. If you work out of a dedicated home office, internet and utility expenses are just two deductions you may qualify for. Your accountant can provide you with details regarding tax laws and how they affect your business.
Flexible Lifestyle. If you are looking for an internet-based franchise, one of your top motivators for that business is re-claiming your freedom. This franchise model allows you the flexibility to set your schedule around your lifestyle, giving you the opportunity to spend quality time with family and friends. In a traditional franchise requiring a retail outlet, you are at the mercy of the employees. If someone calls in sick, you'll have to miss your son's baseball game that you planned to see. In the home-based model, you can decide to take the afternoon off to play 18 holes with a friend if you wish. Maybe you're an early bird and are more productive at 5:00 am.
There are other benefits, too, like the savings you'll enjoy by not filling the gas tank of your car every other day while commuting. Also, there is no monthly lease expense to incur as you would in a retail outlet.
Depending upon your background and skill set, there are many internet franchise opportunities out there worthy of your time to look into. Some require specific background, like sales or management experience, while others do not. This is a viable option for a franchise seeker looking for a low-investment business that offers flexibility and provides a successful system for you to plug into and follow, while utilizing the top-notch support and training provided by the franchisor.
Cory_Barber
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