Do you have what it takes?
When you think of opening a franchise, what comes to mind? Starting a yogurt shop, gym, or chain restaurant? All of these franchises have at least one thing in common: they need to be operated in a building or office. They are brick-and-mortar franchises, and they’re often more expensive to own.
But there is a different type of franchise: a home-based business opportunity such as Dryer Vent Wizard. A successful home-based business such as ours means your overhead will be much smaller than it would be for a traditional franchise business. Our affordable franchises are run from a home office, traveling to clients’ homes or businesses in your van.
Successful home-based franchisees have unique traits.
While successful home-based business franchisees share many traits with their brick-and-mortar counterparts, there are definite differences – mostly based on the fact that work is done at home, which makes focus and discipline ever more important.
Some of the professional and personal qualities one must have to prosper as a home-based business owner include:
1. A high level of personal accountability
There’s no boss telling you what to do. No need to clock in at 8 a.m. and then clock out at 5 p.m.: you can set your hours as you see fit (taking into account your clients’ needs, of course). So unless you have a strong sense of discipline and self-motivation, it can be far too easy to take the laid-back approach and “veg,” delaying important tasks.
2. Willingness to do the grunt work
What could be tedious about owning a vent cleaning business? Not too much. But the research and preparation before you purchase the franchise is considerable.
You will need to perform market and competitor research, look hard at your finances, possibly create a business plan in order to secure a business loan, and so on. You will need to be self-motivated in order to do the hard work that operating the business entails. In other words, if you’re looking to work at home because “it’s easy,” you may want to adjust your expectations.
3. A great deal of optimism
One of the most important qualities of successful franchisees is a good deal of optimism. These are folks who understand that opening a business is difficult, yet they look forward to the challenge. They know that obstacles will pop up, but they’re eager to overcome them.
Positive thoughts, in other words, equal success. Those with trust in their franchisors and the ability to move forward when difficulties arise are our most stunningly successful franchisees!
4. Decisiveness
Being able to make a decision (and run with it) is very important in the world of franchising. “Analysis paralysis,” or getting hung up in the decision-making process, is a real problem. It can only limit your success! If you are able to make educated decisions quickly and successfully, you will have the upper hand. The opportunity to own your own business is not always available, so take some time to consider the details, but trust in your own decision and move forward with confidence.
5. Perseverance
No franchise will be successful right away; if you have made your decision to buy a franchise, it’s key that you stick with it! Dryer Vent Wizard is among the most affordable franchises in the country, but even a home-based franchise will take a few months or more to become profitable. The best franchises to own require that their owners take the long view.
Many people dream of opening a business.
It’s the American Dream, after all! Starting a home-based business opportunity can provide the best of both worlds: a good income serving others while working at home, and enjoying all the benefits doing so provides: a flexible schedule, low overhead and, most importantly, the chance to build and operate your business around the needs of your family.
