Working with your significant other from a shared home office, when done right, can be a great way to enhance your relationship and share a personal and professional space together.

According to recent research, more and more people are working from home both full and part-time. A 2018 report from FlexJobs found that 3.9 million Americans now work from home at least half the time.

That trend is expected to continue to rise in the future. The same report found that hiring managers are forecasting that more than one-third of employees will work remotely in the next 10 years. Recent Census data also shows that more and more Americans are working from home each year. Read more

There are plenty of reasons for deciding to start an at-home franchise business. Some new franchisees are looking for more free time to spend with their family while others don’t enjoy working in a “corporate” environment. Whatever the reason for starting, many new franchise owners discover that running an at-home business involves a lot more work than anticipated.

New franchisees often start out very enthusiastic about running their own business from home, especially after all of the research that goes into choosing the right franchise to buy into. Before long, however, almost all new owners discover that running a business, even with franchisor support, is a lot of work!

Managing the day-to-day operations of the business while trying to actively market yourself can quickly become overwhelming. What was originally intended as a way to free up more time can become burdensome, which can lead to cutting corners in order to “make” more time. Read more

Buying a franchise you can run from home can save new business owners a lot of money they’d otherwise have to spend on rent, extra utilities, insurance and other costs.

It also awards you more freedom over how you decide to run your business day-to-day. But while the benefits of home-based franchising can be alluring, it’s important to realize that not all opportunities are the same.

[Read Also:] Buying a Franchise in 2016: 4 Ways to Prepare Today

Franchises are an investment. To make that investment pay off, it’s up to you to carefully research your options and make a well-informed decision.

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Unlike starting a business from scratch, franchising lets you hit the ground running with a brand, a product or service, and a proven business plan.

Putting those ingredients together, however can take a little work––especially for first-time business owners.

Here are X tips to help you get your franchise out of the red and into the green as fast as possible:

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Home-based franchise opportunities appeal to new franchise buyers for many reasons. Whether you’re in search of a better work/life balance or are tired of climbing the corporate ladder, benefits like these can make a big difference to buyers.

But let’s be honest. From a buyer’s perspective, nine times out of 10 earning potential is the primary concern when looking for the best franchise investment. How much can you actually make running a franchise from home?

While it’s certainly the most crucial question buyers should be asking, it’s one of the hardest to answer given the wide variety of home-based businesses out there today. Depending on the industry, the brand, and your local market, two home-based businesses could be making radically different amounts of money right next to each other.

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