It’s not unusual for people to ask, “Can I grow a business on the side while keeping my day job?”
The answer is, “Yes,” with this important qualification — it needs to be a semi-absentee business. So, what is a semi-absentee business?
For semi-absentee opportunities, a good place to focus time, energy and effort is exploring retail concepts. Since not all retail concepts are semi-absentee, be sure to ask if the franchise allows for it. It may come as a surprise that there are plenty of options besides fast food chains that work in this category. Other examples include hair salons, fitness centers, spas, tax preparation services, pack and ship centers, etc.
When searching for a semi-absentee business, there are four important factors into consideration. Read more…