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May 1, 2024There are multiple sectors in the franchise arena to choose from when looking into a franchise concept. There is retail, Restaurants, Business Services, Health & Beauty, and Home Services. Why is the home-services trade your best bet?
“Lead the Pack, Change the View.”
Before you choose your franchise trade, it is important that you understand what “working for yourself” entails. Many people think that working for yourself means that you will work less and you will be “the boss”. Well, chances are that you will work much harder (especially in the first 18-24 months) and work longer hours.
Working for yourself, comes down to sweat equity and life -work balance. While you’ll work harder and longer, you (and not your boss) will the beneficiary of these long hours for yourself and earning the long-term benefits of owning your business, while also gaining the immediate life-work balance, by setting your hours, your time and your schedule.
Working for someone else can mean spending 9:00 to 5:00, or maybe even 8:00 to 6:00, on the job. If you’re lucky, you’ll get an entire hour for lunch. Need to go to the doctor or attend a parent teacher conference? You’ll probably have to take a half day. Being your own boss doesn’t mean working less, in fact, you’ll probably be working harder. But you can decide when you want to work.
Of course, all of the above only works, if you’re going to see a positive return on the investment you made.
Investing in a franchise can often lead to a positive return on investment (ROI), especially when buying into an established business model. Franchising offers the advantage of a structured system that has already proven successful, allowing you to put your unique touch on a thriving business. Home Based Franchise Group® has helped franchisees achieve their dream of business ownership, is largely due to the potential for a positive ROI with their franchises.
A home is not only the largest investment most people make, but your home is your sanctuary, where everything has to be seamless. When you allow someone into your home, you not only expect them to solve your problem, but you also want to be comfortable with them, knowing that you and your family are safe. Being part of a national and established franchise brand, will put trust easier into the potential client that an independent business ever will.
The home-service space is an in-demand service, making it a recession-proof trade concept.