Home Based Franchises: 5 Reasons Why
1: Lower Initial Expenditure & Overheads
When
you start a business, it is initially all expenses and no revenue. Most home-based
franchises have a lower initial fee and capital expenses.
When
you work from home, the working space, electricity, and utilities, are all
already covered.
2: Less Risk
As a
home-based franchise involves less investments, there is lesser risk as well.
3: No Commute
The everyday
commute is usually a stressful experience, and you can do without it if you own
a home based business franchise.
4: Flexible Working Hours
Being
your own boss with a home-based franchise, you need not necessarily stick to fixed
working hours. Feel free to customize your working hours, if it goes well with customer
expectations and your own lifestyle.
5: Tax Benefits
Depending
on where you live, a home based business franchise may make you eligible for
tax breaks. You may be able to claim a percentage of your property taxes,
mortgage, utilities, insurance, and more as business expenses.