One of the main reasons why many people decide to invest in a franchise is because they’re tired of having a boss—they want more freedom and they strongly believe that they can effectively run a business on their own. However, many of these people also simply don’t enjoy the “office” environment of traditional businesses.
Well, guess what? There are franchise opportunities you can invest in that won’t require you to go to work because you can work at home! For example, becoming a business broker is a great way to be your own boss and work from home. Following are some of the benefits that you could take advantage of as a business broker working from home:
Lower Set-Up Costs as a Business Broker
You won’t need as much money to set up your franchise if you’re running it from home. You won’t have to rent out a retail space and you won’t have to build a store. With a business broker business, you’ll need very little equipment, most of which you probably already have—not to mention that you won’t have to pay to hire a staff.
Make Your Own Hours
Not a morning person? Work in the afternoon and at night instead. Or scatter your work hours throughout the day. One of the advantages of working from home is that you’re in charge of when you work. Of course, this does take a lot of self-discipline, especially if you’re running your own franchise.
Take More Fulfilling Breaks
When is the last time you did something productive with an office break? If you work at home, you can take 15 minutes to make a snack, play with your pet, do some household chores, or even get a bit of exercise in. For example, you could take a break to jog around the block.
See Your Family More Often
Most business owners tend to work long hours away from home—especially if they are just opening a new business or franchise. By starting a franchise from home, you can still see your family around the house—even if you’re working overtime. Even interacting with your kids for a few minutes is extremely fulfilling, especially when compared to not seeing them all day long.
Take Advantage of Tax Write-Offs
When you work from home, odds are that you’ll need to set up a home office. Few people can get any kind of work done from the living room space or in the kitchen—especially if they don’t live alone. Besides, working in these areas can be distracting. You’ll probably want to set up a home office in an extra room or a space that isn’t used, like the attic or basement.
This space can be written off as a home office on your tax returns. In fact, you’ll be able to write off a few other things as well, such as a portion of your internet and electricity bills. Of course, you won’t want to do any of this without the proper advice of a professional tax accountant.
Business brokers at Transworld Business Advisors can take advantage of all of these benefits because of the very fact that they can work from home. If you’re interested in owning a franchise that you can run from home, then be sure to look into our Transworld Business Advisors franchising opportunities. Be sure to contact us at Transworld Business Advisors for more information about becoming a business broker today.