Wednesday, November 11, 2015

CHOOSING A FRANCHISE: Can I be a part-time owner?

If you choose to take advantage of the free services provided by a FranNet consultant like myself, you’ll find that as we start the research process, we’ll ask lots of questions!  That’s because it’s our goal to find you a great fit for your lifestyle, among other attributes.
It’s somewhat similar to the dating world, where you might meet a matchmaker looking to pair you up with your future husband or wife.  You want to be truthful and honest in your answers, because – well, in all honesty – you don’t want to be paired up in a bad relationship. 
One of the important aspects that we look at as we work with you to make matches is lifestyle.  And for you, running a franchise full time may not make sense in the near future. 
Franchising offers lots of variety, including a range in the amount of time necessary for the owner to invest in the business.  If you are looking at franchising as an investment or something to offer great flexibility, semi-absentee ownership may be the best fit for you. This is an option where the owner typically puts in between 10 and 20 hours a week on the business. On-site managers handle your day-to-day operations, making sure that your customers are leaving happy. 
Whether you’re looking for an investment (semi-absentee model) or a career, franchising may be a fit for you.   
Don’t try to figure it out on your own – resources are available to help you as there are many things to consider when looking at different franchise opportunities – that’s where FranNet’s “Proven Match” system comes into play.  We’ll take a look at your available time, your ability to provide the necessary financial capital, and most importantly – your goals and interests!
LUNCH & LEARN – Friday, November 13 (Online event)Learn more about semi-absentee and full-time executive models expanding in Michigan on Friday during our “Lunch & Learn’ web-based event. We’ll feature three brief presentations that you can enjoy over lunch from the comfort of your home or office while learning about some wealth-building options for the next phase of your career.
You can also contact me at 616-891-1374 or to learn more about taking the next step towards business ownership.  Remember, all of FranNet’s consultations, events, advice and more are 100% FREE.  No pressure, no obligations. 

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