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Can a franchise be run on a part-time basis?
Alan Wilkinson writes:
Franchises come in all shapes and sizes and can be found in most sectors of business. Some concepts require the franchisee to work in the business, while others are structured so that the franchisee works on the business without actually doing any of the operational tasks.
Often, the system of operation is such that a franchisee can run the business on a part-time basis. This may involve, for example, having a business that offers its service only in the morning or evening. Other businesses may make their service available only during evenings and at weekends.
However, a franchisee should always bear in mind that there is more to running a franchise than simply delivering the service the brand offers. There is marketing, sales and administration tasks to consider, which can often require a significant time input outside of the typical ‘operating hours’ of the business.
It should also be noted that a franchise that can operate on a part-time basis will usually only provide a part-time income. If this fits with the requirements of the franchisee and franchisor, it can be a win-win for all concerned.
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Exciting Franchise Opportunities
Companies to Consider
Yes via third parties, both bank finance and asset finance
35% to 40% profit, depending on the business model
£600,000 to £800,000
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