Can A Franchise Be A Side Hustle?
Yes, IF the franchise business model is built on a manager-run basis. What does this mean?
A manage-the-manager business model means the role of the owner is clearly defined as an executive management one. The owner is NOT hands-on or involved in daily operations.
Stated another way, the business operates independently of the owner being there.
A General Manager (GM) is to ensure the employees are taking care of the customers.
People who successfully own manager-run franchises have
Strong leadership and
People management skills + PLUS
Solid understanding of business.
To learn which franchise may be best suited to you and provides a limited time commitment, send me a message on LinkedIn.