running a franchise while keeping your career
TRANSCRIPT
Yes, many franchise owners use their business as a second source of income. Flexible franchises allow you to be a part-time franchise owner.
Typical people interested in part-time franchise ownership consist of: A good portion of their time is consumed by a
career but they would like to make additional income on the side,
They may be involved in freelance work or business consulting and want to add a steadier stream of income to their overall revenue.
They are not currently employed but don’t want to commit all their time to running a business.
They have recently retired and would like to supplement their retirement income without taking on a full-time venture.
You will still have an active role in the business, but your time will not be dominated.
Companies apply a manger-run model that does not require constant presence of the owner.
Relatively new model, but growing rapidly.