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If you’re looking for a way to earn additional income during your free time, you should consider a part-time franchise. This type of franchise often has a business model designed in such a way that it can be scaled up or down to match the time you’re able to commit.
These can be a good transitional business model for those looking to move from working under an employer to becoming self-employed, but franchisees need to be realistic about the level of work that is required to earn a significant income. There is no ‘silver bullet’ to self-employment; part-time franchises will still take a lot of hard work and dedication, and you will get out what you put in. It’s always best to try and speak to existing franchisees that are in a similar situation to your own. If you are caring for a young family, or if you are employed elsewhere for a number of days of the week, try to find a franchisee whose circumstances mirror yours. They will be able to give you a realistic idea of what life as a part-time business owner is like, and whether your ambitions for the business are likely to be met.
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