Cost: Low. Many can be found in the under $50,000 category.
Financing: Easy. In most cases, you may not need to acquire third party financing.
Learning Curve: Simple. It is not uncommon that home-based franchises have mass appeal and the franchisor is not likely to require past business experience.
Training: Expect some head office training but your initial training will be conducted via at-home learning tools.
Other Operating Requirements: You may be required to keep a home office or base where you will store your equipment and/or supplies. Extensive marketing, promotion, and travel will be required since there will be no retail or commercial presence. Your territory could be unrestricted. Ongoing support could be conducted via telephone and email. Royalties could be either percentage-based or a flat fee paid monthly.
Best Suited For: Individuals who want a flexable alternative to a retail or restaurant environment where you can choose your own hours and days of operation. An excellent option for the retired, semi-retired, or the stay-at-home parent.
