It’s that time of year when people are creating their holiday wish lists; similarly, for those seeking a second or new career as a home-based travel franchise owner, it is the perfect time of year to create a wish list of what you desire in your new business. So when the New Year rolls around next month, you will be prepared to take the next steps and pursue your passion for travel just in time for Wave Season.
Owning a home-based travel franchise is a major time and monetary investment so it is important to determine what you want out of your business opportunity before you take the plunge into small business ownership.
When creating your home-based travel franchise wish list, here are five items to consider:
Do you want a career where you can set your own hours to fit your lifestyle needs? Owning a work-from-home business affords you flexibility in achieving your personal work-life balance. In addition, as a small business owner you can hire associates as you grow to help meet consumer demand.
Has the franchisor been in business for an extended period of time and does it have a high retention rate? Is it affiliated with a parent company that can provide additional support? You want to select a franchisor that has a proven track record and one that is not going anywhere.
How much involvement do you want from the franchisor’s corporate team? Many franchisors offer technology, customer service and marketing support as well as continuous training opportunities on a variety of topics ranging from business management to industry-specific courses. As the saying goes, when you own a franchise you are in business for yourself, but not by yourself.
Does the franchisor have cutting-edge technology? When working from home it is important that you have access to up-to-the-minute pricing and cabin availability, as well as around-the-clock tech support.
Let’s face it, there are many perks when owning your own business, especially in the travel industry. Not only can you set your own hours and you are your own boss, but you get to travel the world and sell dream vacations.
Owning a home-based travel franchise is a rewarding business opportunity which provides you with flexibility not often found in a corporate office environment. Make a wish list of what you desire to determine the perfect franchise opportunity for you.