Semi-absentee franchise models are quickly growing in popularity as the perfect option for business owners who have smaller time availability. Those who invest can enjoy the franchising perks, which often includes unparalleled support, franchisor guidance, and a proven system. But the benefits don’t stop there. Below we share a few more benefits to buying a semi-absentee business.
You Can Own Multiple Units
Perhaps the greatest benefit of investing in a semi-absentee franchise model is the opportunity to expand to multi-location opportunities over time. When you’re not working in the business, it gives you plenty of time to focus on the business. This comes in many forms, such as overseeing franchise marketing, managing the manager, and growing the business for other opportunities.
Low Hours of Investment
If you’re someone who’s looking for a way to diversify your portfolio while keeping your day job, a semi-absentee business may be the franchise opportunity for you. With traditional franchise opportunities, the owner is always expected to be present and actively involved in every aspect of the business; training, hiring, and ordering products.
On the other hand, semi-absentee franchise owners tend to spend approximately 10-20 hours a week once the business is established. This allows you, the business owner, to continue your regular life while still building equity and diversifying your income streams.
A semi-absentee franchise tends to be more lucrative than your average side hustle. They’re an excellent way to provide extra financial security for you and your family. One of its trade-offs, though, is a longer development period and a longer wait to turn a profit, but it’s all dependent on the amount of time you dedicate to your business.
There are Options
Like a traditional franchise opportunity, there are many franchise opportunities explicitly designed for those interested in the semi-absentee franchise model. And at Hundred Acre Consulting, we offer a selection of more than 200 franchise opportunities to choose from in the model’s 21 different industries. Semi-absentee businesses may have started as primarily brick and mortar opportunity, but they’ve since grown to accommodate portable options. A few examples include:
- Senior care
- Health and wellness
- Car washes
- Batting Cages
No Experience Needed
With many business ventures, the amount of experience you have in running a business often comes into play. But with a semi-absentee franchise, little to no experience is needed. Instead of being hands-on with the process, owners often hire a manager to worry about day-to-day operations. The owner focuses on managing management and the store’s growth.
Hundred Acre Consulting: Finding a Semi-Absentee Business for You
If the semi-absentee business model appeals to you, then get in touch with me. As mentioned, there’s plenty of franchising opportunities to choose from, ranging from $40,000 to $3 million. At Hundred Acre Consulting, we can help you find the perfect semi-absentee franchise for you.
If you’re ready to explore your options, contact me, and let’s get started!