Looking at the Work-From-Home franchise scenario

Work-From-Home or WFH has become the forced and recognised norm for most people over the last few months due to the worldwide Covid-19 pandemic. For many it has been an easy transition and for some, exceedingly difficult to adapt.

There are obviously pros and cons when it comes to working from home as there may be many distractions and it is not as easy a transition as most people may think. We must recognise that fact that we still need to perform our daily tasks to the best of our abilities and it really comes down to two things, do you have the discipline and is your franchise the type of business that can be run from a home environment.

 

Let’s look at some of the benefits:

Increased Productivity

This will only be true if you are able to work without getting distracted as it is easy to spend your time scrolling through social media platforms, play with the kids, watch TV etc. If you focus on your tasks you will surely get more done without office politics and colleagues to distract you.

Lower Investment & Overheads

Working from home saves you the rental and utilities costs that you would incur by renting office space and your return on investment will effectively be quicker. You will also save on the commute and have less stress that goes with commuting.

A Healthy Work-Life Balance

Being self-motivated, disciplined and have good time management skills will lead to a healthy work-life balance and you will be able to dictate when and how often you work. You will obviously want your franchise to be a success and as profitable as possible, but you can still have flexibility to spend quality time with your family and for other interests.

Tax Advantages

You can offset certain expenses through your business when you work from home. Use of your office space and a proportion of utilities, including internet and telephone, can be charged as business expenses. It is recommended that you work with your accountant to ensure you get the maximum benefit from this opportunity.

There are countless opportunities available if you are considering starting a home-based

Franchise, but you still must work hard to ensure it’s a success. If you’ve been made redundant due to the COVID-19 crisis or simply want to see what’s out there, see our top home-based franchises for every investment level here.

 

Yours sincerely,

SA FRANCHISE BRANDS

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Remember to visit www.safranchisebrands.co.za for Franchise Opportunities.

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