Everything You Need to Know about Being a Part-Time Franchisee
The idea of being an entrepreneur is exciting for all sorts of people. However, not everyone wants to build a business from the ground up. Choosing and joining a franchise can be another option to become an entrepreneur but without the hassle of starting from ground zero.
Why Part Time
Choosing to franchise on a full-time basis can take up a lot of time and be a lot of work. That contributes to the reason that more franchisees are looking for companies with part-time franchising opportunities. A couple of popular companies that offer this sort of franchising are Maui Wowi, which is a provider of fruit smoothies and Hawaiian coffees, and ABC Do-Re-ME!, a music education program for children. Other options include TapSnap, Jazzercise, and Club Z Tutoring.
Considering Franchise Ownership
- There are a few things that are important to keep in mind if you are considering ownership of a franchise business. We’ll go over those below.
- Franchising laws are different in various states. It’s important to do your research to ensure the franchise you choose is complying with the required regulations for your home state.
- You will be required to apply and go through a training process as a franchisee – this means that it will take some time and work to get going. It’s not a process that happens overnight.
- There will be some flexibility associated with being a franchisee, but you will be expected to follow a specific business model and retain a consistent brand image.
- You have the right to know anything possible about the business you are joining. As such, there are federal regulations that require the company to disclose the business history.
Learn More About Part Time Franchising Options
If you are interested in getting more information about part-time franchising, we would love to be a resource for you. Get in touch with us at Trihawk Capital at 732-784-1808 to learn more and establish a plan toward owning your own franchise location.
