Achieving 20-20 Vision with Semi-Absentee Business Ownership

For many people, owning a business has been a lifelong dream. They have wanted to experience the challenge of building a company that could give them control over their destiny, freedom, and flexibility in their life and an opportunity to build wealth.  Unfortunately, even when there are a strong desire and passion, that dream seems to be on hold. Leaving a seemingly secure full-time job is too risky or financially, family… the timing is just not right.  Whatever the reason might be, the Franchise Industry may have a solution for you.

Many franchise companies have developed systems that allow franchisees to be part-time while their proven managers run the business on a full-time basis. Semi-absentee ownership, or Semi-Passive ownership, typically opens Multi-Unit or broad territories that range from three to five or more stores.

Investors can keep their job and generate additional sources of income. The successful passive franchise owner keeps their primary day job and personal lifestyle that fits the needs of their family and interests – by hiring proven managers to manage the daily operations of the business. The Investor stays focused on scaling the company into a Multi-location or Multi-territory enterprise. The franchisor offers robust technology, operational systems, and “Support” for you and your team to execute in your community. With a modest investment of resources upfront, your future franchise should deliver relatively hands-free, income for the right investor. The most valuable asset the owner brings is the ability to manage and motive a team! As the business grows and gains profitability, they can choose to remain in their career or join the business full-time. 

Investments start at $75,000 liquid assets, and $200,000 Net Worth and typically fit these models:

  • Boutique Fitness Industry (Gyms, Yoga, Women Only, Running, Kids Fitness…)
  • Children’s Education Industry (Tutoring, STEM…)
  • Beauty Specialty Industry (Hair, Nail, Lash Salons….)
  • Health & Wellness Industry (Weight Loss, Spa/Massage…)
  • Food Industry (Sandwich, Bowls, Dessert, Ethnic, Coffee….)
  • Home Services (Repairs, Remodel, Landscaping….)
  • Shared Space Industry (Office, Storage, Hair…)
  • Specialty Retail (Electronics, IT, Women’s, Slightly Used Clothes)

We have identified many leading-edge franchises that fit this category.  Ready to learn if the CEO Model is for you

  • Take our quiz
  • Request our FREE e-book on choosing the right franchise
  • Give us a call, email, and we’ll schedule a short conversation

And from all of us at ProFranchiseAdvisor, may your holidays be healthy and productive, and may your New Year be happy and prosperous.

Scott Diener of ProFranchiseAdvisor.com is a leading franchise expert with 30+ years experience building franchise brands for fortune 100 and mid-size companies, and after running out of gas as a corporate road warrior, he became the entrepreneur of children’s entertainment centers based in Los Angeles together with his wife to achieve his flexibility and freedom. 

www.ProFranchiseAdvisor.com

 



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