From enabling the elderly to stay in their homes for longer to building a retaining wall in a steep back garden, a home services franchise is one of the most varied and easily accessible home business to own.
Depending on the skills and background experience of the business person who is looking to invest in themselves and their own business, with some available funds and drive and determination, anything is possible.
For a reasonably low initial investment amount some opportunities from home can be found for under £10,000.
Consider your interests
For an individual interested in working from home and searching for at home opportunities, start with the industry or area that is of the most interest and would offer the most rewards for effort.
Is it a change of scene all together to an industry that was once a hobby but now skilled enough to take on board full time? Or perhaps the same industry but autonomy is the key?
Whatever the reason for the investigation; opportunities from home are out there for the picking. Often a brand owner will have a set fee that they would expect the franchisee to have available for the initial investment. A further amount may be required for an advertising budget or equipment.
Often a home business is more about the new business person’s time. After these initial fees have been paid, the recruit is being remunerated for their skills and experience in a certain field so the cost is time based not stock based.
An owner will teach the new recruit all they need to know to run their home service franchise. They will have guidelines or a manual to work from following in the footsteps of the successful franchisees before them all around the country.
The reason at home opportunities are so successful is because amongst other things it is the good name of the brand that is at risk if the owner does not do all they can to help the new business owner succeed.
Location and demographic
A home service opportunity is much sought after in the local area as franchisors only sell to certain territories so that nobody is stepping on each other’s toes.
There needs to be enough business to go around for everyone. But workers are so seriously short of time that they need help with virtually everything that comes with home ownership.
A home services option could be offering anything from visiting a potential customers home to change a tyre or fit a new windscreen, to measuring and fitting new blinds to every window in the home or maybe just to a newly built conservatory.
Take some time to decide what style of home business you are interested in and start your research on franchise opportunities from home.
Once you have a shortlist of home services opportunities that you would like to investigate further, see which ones comfortably fall within your budget. Be sure to allow for at least four months funds to cover living expenses whilst you get your new venture up and running.
Check out our other home services franchise articles –
Demographic Considerations For Home Service Franchises
Home Services Franchises Offer Opportunity For All Ages
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