Home-based Franchises
The franchising or duplication of another firm's successful home-based business model is referred to as a home-based franchise. Home-based franchises are becoming popular as they are considered to be an easy way to start a business as they may provide a low barrier for entry into entrepreneurship. It may cost little to start a home-based franchise, but experts say that "the work is no less hard." According to America's Best Franchises, there are many benefits to choosing to become a home-based franchisee, "but having a home based business doesn't offer any guarantees as you will encounter many challenges you'll have to learn to overcome. There are some important factors that you will have to take into account if you choose a home based franchise. For example, you will likely need a separate office and a dedicated time where you will not be interrupted. If your home is too small and you are crammed in with noisy children, it will indeed make it more difficult for your business to work."
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