Should I Start an InHome Franchise Business

Guest post by: Ken Hollowell
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A Funding Consultant Could Show You An Easier Way to Raise Capital in the United States - By Ken Hollowell

More than ever before, potential buyers of franchises are asking for and seeking in-home franchise businesses. The economics of living and working in the same place make the home an ideal base for you’re a franchise business.

Working from home has a number of advantages:
• You don’t have to rent expensive office space
• Your daily commute to your office is cut to seconds
• The home office you design will suite your exact needs

Working from home also has a number of disadvantages:
• You can feel isolated from the rest of the working population
• The line between your small business life and home life can become blurred
• Your domestic life can interrupt your business day

With more people working from home than ever, turning your home into a workplace requires planning and an understanding of the pros and cons of mixing your home life with your working life. Working from home isn’t for everyone, but it can be a real alternative to serviced office space.
Working from Home
Before you start to operate your franchise business from your home, there a number of things you ought to check. These include:
• If your mortgage lender or landlord object to you running a business from your home
• Whether your local authority will charge you business rates
• Perform a health and safety check on the space you will be using as an office
• Check with your insurance broker if your buildings and contents is covered if you operate a business from your home

Home Office Design
It is important that you properly plan and design your home office. If you can, try and have a completely separate room for your office. You can then create a space that is an ideal working environment with appropriate furniture and equipment.

Also, having a separate room enables you to segregate your work from the rest of the house. Family members will know that when your door is shut you should not be disturbed. This is useful if you have children.

As you will be spending many hours in your home office it’s important that it is correctly designed. It’s no joke that what are called MSD’s (Musculoskeletal Disorders) can have a major impact on your business if you become the victim. The most common form of MSD is RSI or repetitive strain injury that some touch typists get. Using a computer for long periods of time, at a desk that is too small, sat on a chair that doesn’t offer the correct support could result in some serious injuries if you are not aware of the health considerations when designing a new office. Follow these steps to design a healthy office:

1: Try and avoid the so called ‘computer furniture’ as this is usually far too small to safely accommodate a computer. Try and buy as larger a desk as you can. Home office furniture suppliers have a massive range to choose from.

2: The next most important component of your home office furniture is your chair. This should offer complete support in the lumbar (lower) region of your back. This will enable you to sit at your desk without getting neck ache or lower back ache. Cheap office chairs are to be avoided as they can do more harm than good. Try and spend as much as you can afford on a good ergonomically designed chair.

3: Place your desk either directly in front of a window or at right angles to it. Try and avoid screen glare as this can give you eye strain. Invest in window blinds so you can regulate the amount of light coming into your office.

4: Have a clear route to your office doorway. Don’t block this with cupboards or other forms of storage, and don’t trail wires or power cables across the floor as they could be a tripping hazard.

5: Using a computer for hours at a time can be a health hazard. If you can buy a large flat panel monitor, a good quality keyboard and an ergonomically designed mouse. These components are how you interact with your computer. Spending some time evaluating these devices will pay dividends later, as you will be able to work for longer periods of time as you develop your franchise business.

Running your franchise business from home can be an ideal way of not only reducing your costs, but also moving into self-employment away from a traditional office environment with all the stresses that this can bring. If you can work from home you’ll discover that it is a liberating experience that you and your new business can benefit from.

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A Funding Consultant Could Show You An Easier Way to Raise Capital in the United States - By Ken Hollowell

About the Author: Ken Hollowell

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– Ken M. Hollowell, founder of both Prfran Consultants, Inc. and Profran Capital Group, Inc. and is a leader in the field of franchise development and non traditional methods of raising capital since 1980. Ken Hollowell has lectured before many business organizations, Universities and Colleges on the subject of franchising and hosted a radio talk show of radio for years.

Ken Hollowell conducts numerous seminars annually on franchise development and investing in a franchise business throughout the United States.Ken Hollowell is regularly requested by the Small Business Administration in Washington, D.C., S.C.O.R.E., Learning Annex and the International Franchise Association to speak on franchising. Ken. Hollowell's well-rounded experience and practical knowledge in both development and marketing have led him to be one of the most sought after franchise consultants in America. Ken Hollowell has written many articles on both developing a franchise network and buying a franchise. Mr. Hollowell sits on no less than a dozen boards of directors. Ken Hollowell works with as many as 120 new clients each year on teaching techniques and methods of raising capital through the SEC's Reg D Series of Offerings

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