Leverage the Benefits of Buying a Work From Home Franchise With CoolVu
Initially sprung from necessity, working from home has remained an undeniable trend in the workplace. According to Forbes, 32.6 million Americans will work remotely by 2025, while 16% of companies operate fully remote. That number will only continue grow as technology further expands the ways we can communicate with each other,
For entrepreneurs looking to open a franchise, deciding whether or not to work from home when choosing a franchisor can be a tough decision. Luckily, we’re here to help. Read on to discover the differences between home-based franchises and brick-and-mortar franchises, as well as the benefits that make operating a work from home franchise so appealing.
Home-Based Franchises vs. Brick-and-Mortar Franchises
While there are some aspects of all franchises that can be done from home — such as running employee payroll or filing business taxes — for the most part franchises are either primarily run from an in-person location or from home. Types of franchises can be split into two groups: brick-and-mortar franchises and home-based franchises.
What is a Brick-and-Mortar Franchise?
Brick-and-mortar franchises require a physical location to conduct business. These franchises inherently need a location to provide their value and offer services. Franchises that require brick-and-mortar locations may include fast food chains, auto repair shops, fitness studios, or hair salons.
What is a Home-Based Franchise?
Alternatively, home-based franchises require no physical location to operate. Many home-based franchises provide remote services such as accounting, filing taxes, or graphic design. Others still may provide in-person services that don’t require a brick-and-mortar storefront, and instead find franchisees traveling directly to customers; examples of these home-based franchises include plumbing, landscaping and window film installation businesses.
Benefits of Buying a Work From Home Franchise
While both brick-and-mortar and home-based franchises can lead to business success, there are unique advantages to buying a work from home franchise. Here are just a few benefits that make this type of investment ideal for many entrepreneurs.
Flexible Work Hours & Availability
Brick-and-mortar franchises typically require strict, rigid work hours. Customers patronizing in-person businesses expect a consistent operational schedule; if they arrive at a franchise location during normal work hours and find it’s empty, customers may think your branch is unreliable. For many professionals, maintaining these hours can be a massive headache.
Work from home franchises carry no such burden. With no expectation of an open storefront, franchisees can choose their own working hours, allowing them to respond to emails, calls, and messages on their own terms. Plus, if a customer tries to contact your business during off hours, they won’t have to drive to an in-person location first — reducing customer frustration.
Greater Opportunities for Diverse Demographics
These flexible hours also open the door for different demographics to own a franchise. For franchisees with younger children, running an in-person storefront may be an impossible task. Running a work from home franchise alleviates these constraints — and several more — that traditionally disqualify potential franchisees from pursuing their dream.
Plus, some franchisors — including CoolVu — allow for specific demographics to leverage franchise opportunities with less of a financial barrier, reducing or waiving fees. These perks double the accessibility of franchise-ownership to these groups.
No Extraneous Property Fees
Buying a franchise is no small investment; there are several associated costs, including franchise fees, startup costs, and professional services. When combined with the cost of finding, renovating, and finding equipment for an in-person location, expenses can rapidly pile up for any franchise-owner.
Owning a home-based franchise can drastically cut down on franchise costs by eliminating the fees associated with a brick-and-mortar location. Costs eliminated with a work from home franchise include:
- Real estate investments
- Zoning permits
- Storefront security systems
- Payment for store employees
- Property insurance
- Professional fees for architects
Removing these operating expenses from your budget can provide substantial additional funding to a new franchise — streamlining financing, minimizing loans, and overall simplifying the process of owning a franchise. There is even an opportunity to own this Window Business that is for Sale right here!
Speedier Business Launch
Launching a franchise from home saves not only money, but also time. Finding, building, and furnishing an in-person location is a time-consuming process — not to mention the energy exerted finding lawyers, architects, real estate agents, and other associated professionals. By the time all is said and done, getting a brick-and-mortar location to a point where it’s ready to open will take weeks, if not months.
Working from home, franchisees can launch their business far more efficiently. Take buying a franchise with CoolVu, for example. Once franchisees pay our initial fee, sign our franchise agreement, and finish in-person training, they can launch their business as soon as possible.
Why CoolVu is One of the Best Work From Home Franchise Opportunities
If you’re looking for a work from home franchise that’s worth the long-term investment, look no further than CoolVu. Within the burgeoning window film industry, CoolVu is a leader in building successful franchisees thanks to our unparalleled training and support. Thanks to the efficiency of our process, it takes 30-45 days to open a franchise with CoolVu — far faster than launching a brick-and-mortar business, and even outclassing other work from home options. Plus, the majority of our franchises work from home, allowing you to join a vast network of like-minded, home-based franchise professionals. Additionally, CoolVu is proud to be recognized as the best franchise for veterans, waiving the initial franchise fees entirely for qualifying military veterans. Request info from us today and jumpstart your work from home franchise business.
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