7 Reasons to Open a Service Business Franchise
Now is a terrific time to start your own business. In particular, it’s an excellent time to open a service business franchise. You may already be familiar with services businesses, but many people don’t fully understand this amazing opportunity.
So, what is a service business franchise and what makes opening one such a great idea? Here’s what you need to understand about the benefits of service businesses, and why starting your own franchise is the right thing for you.
1. Be Your Own Boss and Control Your Future
Like many franchise opportunities, one of the key perks of starting a service business franchise is the opportunity to take control of your own career. As a business owner, you won’t find yourself at the mercy of a boss or the rigmarole of a traditional 9 to 5 job.
Instead, you’ll be in the driver’s seat of your career, where your success is determined by your dedication and effort. For some people, this level of freedom can be daunting. However, many professionals find it liberating to take charge and only have themselves to answer to.
2. Determine Your Own Hours and Work-Life Balance
As your own boss, you decide the hours you want to work. Setting your hours is one of the benefits of being in charge. Obviously, you will need to ensure you are available to your clients during traditional working hours. Beyond that, you’re free to handle your business on a timeframe that works for you. Whether you’re a morning person or a night owl, you have the opportunity to set a schedule that primes you for optimal productivity.
With determining your own hours also comes an improved work-life balance. Because you can operate your business on a schedule that works for you, this leaves more time for family, hobbies, and other aspects of your personal life that are important to you. When you own your own business, you set the terms for your work-life balance.
3. Virtual Franchise Opportunities Let You Work From Home
Another advantage of a service business franchise is that the industry lends itself to virtual franchise opportunities. This means that practically all of your business operations can be run directly from your computer.
With a virtual franchise, your business can be wherever you have an internet connection. This makes your service business franchise uniquely adaptable to unexpected changes in the marketplace that would sideline other businesses.
Where other businesses scramble to adapt to remote work strategies, your virtual franchise is already prepared to thrive, regardless of the circumstances.
4. Low Overhead and Initial Franchise Costs
Of course, virtual franchises are more than agile and convenient. A virtual franchise also helps keep overhead and startup costs for your business to a minimum. Without the need to rent expensive office space and cover extra bills to keep the lights on, your operating expenses are drastically reduced.
On top of that, there’s no need for expensive office furniture like conference tables, chairs, and other equipment. All you need is your initial computer system, and maybe a printer, and you’re in business!
5. A Recession-Resistant Industry
Unlike other business models, service business franchises are uniquely positioned to weather the ups and downs of a recession. This is because, unlike product-based businesses, companies still need these services regardless of how the market is doing.
A company may be able to afford cutting back on inventory or staffing costs, but maintaining their supply chain is essential to the future of their business. This makes starting a service business franchise a prime opportunity for entrepreneurs who can recognize an opportunity when they see it.
6. Opportunity to Take Charge in a Growing Industry
Logistics and transportation management are exploding and continue to grow in both importance and popularity around the world. The logistics industry is estimated to be worth $1.3 trillion, and it is projected to continue growing from there.
With this incredible growth also comes a rise in logistics franchise opportunities. Businesses need partners with the experience and knowledge to keep their supply chains on track. This provides a unique opportunity for entrepreneurs to fill that void and cement their place in a growing market.
7. Proven Systems and Support for Success
Perhaps one of the largest advantages of a service business franchise is the level of support you can expect to receive from your franchisor. By partnering with the right franchise, you don’t have to go it alone when it comes to starting your business.
Instead, you can hitch your wagon to an established and successful brand with a proven track record of success. Your franchisor’s recipe for success becomes the formula for your business foundation. And because the success of your franchise reflects on the franchisor, they’re more than happy to provide you with the support you need to succeed.
Support for your service business franchise includes both corporate-based and in-territory training to ensure you have the knowledge you need to get started on the right foot. Franchise support also extends to marketing efforts and lead generation to help you drum up business and hit the ground running.
Start Your Service Business Franchise with Nexterus Today!
Don’t let an uncertain economic or fluctuating marketplace dictate your future success. Take the future of your career into your own hands by with a service business franchise. Learn how you can start your franchise with Nexterus today and give yourself the life and career you deserve.