For entrepreneurs who don’t want to give up their current jobs and schedules, a semi-absentee business provides the opportunity to run a franchise in as little as 15 hours per week. Semi-absentee businesses are designed to be run from a distance, making them an ideal choice for working professionals or business owners who are already involved in other ventures.
It seems obvious…keep your job and build equity in parallel, that’s what a semi-absentee or manager run model is all about.
There are many franchise businesses where the day-to-day services provided don’t require executive skills, but technical and people management skills. Haircutters, auto technicians, massage therapists, personal trainers, weight-loss clinics, auto washers are just a few of the kinds of technical-skilled workers that are very good at what they do – but they tend to lack college educations and general management and financial skills. So, they often make great location managers and people managers – and sometimes even continue to provide client services themselves while functioning as a manager – but they report to an owner that has executive management and financial training – so “bigger picture” business goals may also be met. Goals like cash flow optimization, tax reduction, long-term marketing, expansion, and more. Most of the time, semi-passive owners are expected to be able to put 10-15 hours a week into the business, but the hours of their involvement are more within their sphere of control.
So if you think you’d to get your “side hustle” on contact The You Network below.