The Pros And Cons Of A Work From Home Franchise
The Pros And Cons Of A Work From Home Franchise
One of the first differences you’ll notice once you begin working from home is that with no office hours to abide by or supervisors breathing down your neck, you’ll be able to work when you want and how long you want as you set your own schedule. Many people report that work from home businesses are much less stressful due to their ability to be operated at whatever pace you are most comfortable with. As with most things in life, whatever you put into your business is what you’re going to get out of it, so don’t assume that a home business opportunity will be a walk in the park, but for many people, setting your own schedule makes things a whole lot easier.
With the majority of the people reading this article most likely doing so from work, you no doubt know how easy it can be to become distracted and if you’re prone to distraction, a work from home business may not be the best choice. While working from home gives you more freedom than just about any other type of work, it’ important to consider how working at home will affect your productivity. Do you find it hard to focus and get work done if your office isn’t tidy? Well, consider how a messy house might prohibit your work. Are you easily deterred by a phone call or an e-mail? Consider how someone at the door or a friend or neighbor dropping in might derail your work for the afternoon. This problem will vary from person to person, but if you’re prone to distraction and have your heart set on a home business, consider setting up your home office in a secluded location of the house, turn off any unnecessary phones or devices and settle in on your work with clear times set ahead of time so that you know which hours are for work and which are for play.
A good thing to keep in mind when considering home business opportunities is what kind of financial benefits/drawbacks you’ll receive as a home based business owner. If you office out of your home, you’ll be able to deduct a percentage of your mortgage from your taxes and as a small business owner, you’ll receive quite a few other tax breaks if you look in the right places for them. As a home based business owner, you’ll also save quite a bit of money by running your business out of your home when compared to the high costs of retail storefronts. One downside to consider is that with a home based small business your paycheck may not be as steady as you may be used to, particularly in the first few months, so it’s important to plan ahead. Many financial advisors recommend having enough startup money to cover the first year’s expenses. Careful planning like this will ease the pressure of owning your own business and allow you to focus on growing your business rather than just scraping by month to month in the beginning.
If you’re used to the perks of having a copier, fax machine, even a hefty supply of pens and staples, consider that when working from home, your options may be limited when it comes to the office equipment you’ve grown accustomed to. There a few simple ways to get by with a no-frills office including using a business center or conducting business via computer. Business centers are becoming increasingly popular as more and more people begin telecommuting and working from home. With these centers popping up on every corner, it’s easy to run down the street, make some copies, send a few faxes or send and receive mail and packages. Another alternative to office equipment is to do more of your work digitally. With the standard computer, you can now send faxes, print great looking documents and photos, even run conference calls and voicemail services.
When it comes to home based franchise opportunities, there are definitely a few things that will take some minor adjustments, but all-in-all if you’re interested in working from home, the advantages by far will weigh out the disadvantages. Whether you’re stoked about going to work in your underwear, being your own boss or taking advantage of the tax breaks and financial benefits, a home based franchise business is sure to be a welcome change to the monotony of the cubicle. Franchises also have the distinct benefit of providing you with everything needed to get your business moving, so even if you’ve never owned a small business before, you’ll be setup with all the tools needed for success.
The Pros And Cons Of A Work From Home Franchise - To learn more about this author, visit Candice Clem's Website.
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Maybe you’ve seen movies like Fight Club or most recently, Wanted and felt a comradery with the main characters who seem trapped in boring, dead-end jobs with no end or escape in sight. Unlike these films, the average person isn’t going to lead an underground fighting club or become a superhero-like assassin, but you can find some freedom from the job that’s driving you crazy with a work from home franchise. You’ll get to be the boss, call the shots and direct your own company while steering yourself towards financial freedom in a job you love. Sure, it’s not all sunshine and roses, but there are a great deal of benefits to owning your own small business franchise and being able to work at home. Here are a few factors that may make the decision a little easier as we take a look at The Pros And Cons Of A Work From Home Franchise.
One of the first differences you’ll notice once you begin working from home is that with no office hours to abide by or supervisors breathing down your neck, you’ll be able to work when you want and how long you want as you set your own schedule. Many people report that work from home businesses are much less stressful due to their ability to be operated at whatever pace you are most comfortable with. As with most things in life, whatever you put into your business is what you’re going to get out of it, so don’t assume that a home business opportunity will be a walk in the park, but for many people, setting your own schedule makes things a whole lot easier.
With the majority of the people reading this article most likely doing so from work, you no doubt know how easy it can be to become distracted and if you’re prone to distraction, a work from home business may not be the best choice. While working from home gives you more freedom than just about any other type of work, it’ important to consider how working at home will affect your productivity. Do you find it hard to focus and get work done if your office isn’t tidy? Well, consider how a messy house might prohibit your work. Are you easily deterred by a phone call or an e-mail? Consider how someone at the door or a friend or neighbor dropping in might derail your work for the afternoon. This problem will vary from person to person, but if you’re prone to distraction and have your heart set on a home business, consider setting up your home office in a secluded location of the house, turn off any unnecessary phones or devices and settle in on your work with clear times set ahead of time so that you know which hours are for work and which are for play.
A good thing to keep in mind when considering home business opportunities is what kind of financial benefits/drawbacks you’ll receive as a home based business owner. If you office out of your home, you’ll be able to deduct a percentage of your mortgage from your taxes and as a small business owner, you’ll receive quite a few other tax breaks if you look in the right places for them. As a home based business owner, you’ll also save quite a bit of money by running your business out of your home when compared to the high costs of retail storefronts. One downside to consider is that with a home based small business your paycheck may not be as steady as you may be used to, particularly in the first few months, so it’s important to plan ahead. Many financial advisors recommend having enough startup money to cover the first year’s expenses. Careful planning like this will ease the pressure of owning your own business and allow you to focus on growing your business rather than just scraping by month to month in the beginning.
If you’re used to the perks of having a copier, fax machine, even a hefty supply of pens and staples, consider that when working from home, your options may be limited when it comes to the office equipment you’ve grown accustomed to. There a few simple ways to get by with a no-frills office including using a business center or conducting business via computer. Business centers are becoming increasingly popular as more and more people begin telecommuting and working from home. With these centers popping up on every corner, it’s easy to run down the street, make some copies, send a few faxes or send and receive mail and packages. Another alternative to office equipment is to do more of your work digitally. With the standard computer, you can now send faxes, print great looking documents and photos, even run conference calls and voicemail services.
When it comes to home based franchise opportunities, there are definitely a few things that will take some minor adjustments, but all-in-all if you’re interested in working from home, the advantages by far will weigh out the disadvantages. Whether you’re stoked about going to work in your underwear, being your own boss or taking advantage of the tax breaks and financial benefits, a home based franchise business is sure to be a welcome change to the monotony of the cubicle. Franchises also have the distinct benefit of providing you with everything needed to get your business moving, so even if you’ve never owned a small business before, you’ll be setup with all the tools needed for success.
The Pros And Cons Of A Work From Home Franchise - To learn more about this author, visit Candice Clem's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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