There are 500,000-700,000 businesses started in the United Kingdom every year. More and more, people are starting their dream companies from the comfort of their homes, contributing to the growing trend of remote work.
There are many advantages to starting a company from home. First, you don’t have to pay for the rent, mortgage, or upkeep of office space. Home franchises are especially advantageous since you get to work from home and run an already successful business.
Below, we’ll get into everything you need to know about starting a home franchise. Keep reading to learn more and start working for yourself today!
Getting Into Home Based Franchises
Before you start your business, you need to know the difference between home-based franchises and other at-home businesses.
A home-based franchise is similar to a regular franchise. You contact the franchise owner and talk about buying a franchise. Make sure it’s something you can run from home, such as a cleaning service. You’ll have to buy into the franchise before you can start using their name and materials.
The franchise owner may also have additional requirements for you. Make sure you ask about these prior to starting your franchise agreement.
An at-home business, on the other hand, may not be a franchise. Instead, it could serve as your own individual company, independent of any larger brand.
In many ways, it’s better to buy into franchises for sale. When you do, you’ll benefit from working with a well-established brand. People may recognize your company from previous experiences they’ve had with other franchisees. This can lead to more clients.
Once you have your franchise purchased, it’s time to start marketing yourself.
One of the best ways to do this is to make a Google My Business account. When you do this, you’ll need to provide relevant contact information for your business. Then, Google will place your information at the top of the results whenever someone looks for services like yours.
You should see what kinds of rules and suggestions your franchisor has for marketing your franchise. Sometimes, you might receive marketing materials you can use to get the word out.
You shouldn’t just rely on your franchise’s name to bring you loyal customers. Instead, you need to think of yourself as an ambassador for the brand. In all your interactions with customers, you’re representing both yourself and the company at large.
So, you should be professional in all your communications. Make sure you know how the franchise wants you to handle certain tasks so you can provide the type of quality work on which your business thrives.
Ready to Start a Home-Based Franchise?
Before you start your franchise, you need to know what types of companies are available for purchase.
You can find a list of home-based franchises in our franchise directory. Make sure you compare a few different franchises before you buy into one so you can find the best one for you!