Why Back to School Season is Side-Hustle Season

We at FranNet of DFW & Oklahoma have had the pleasure of working with all kinds of clients, all of whom have the same central goal – they simply want to explore an entrepreneurial future. The beauty of franchising dictates that candidates can choose from several different types of ownership models. Newsflash – if you decide to buy a franchise, it doesn’t mean you have to be the one handling all the day-to-day operations. It’s up to you if you want your ownership involvement to be full-time, part-time, or what we in the industry like to call the semi-absentee model. This is a format in which you play the role of owner, but you hire a qualified individual to oversee the operation, known as “managing the manager.”

Every year about this time, it’s not uncommon to get a spike in interest for semi-absentee franchise ownership – a trend we connect to the annual “Back to School” rush. What does this mean? Well, for a lot of parents out there – and even more now that remote work is becoming commonplace – there’s suddenly some extra time on their hands, if you know what we mean. And many of the more ambitious types are eager to see how they might become even more productive with an entrepreneurial venture. Thus, we explain why back-to-school season is also side-hustle season.

Before We Begin…

First, may we begin by issuing a statement? Just because you may be parents with kids in school, it doesn’t mean that your day is filled with leisure time – far from it. As parents ourselves, we’re well-aware that even stay-at-home (SAH) parents are on the job full-time. It actually takes the right opportunity and the right circumstances to explore a side-hustle. But again, that’s the beauty of franchise ownership. With 4,000 different concepts on the marketplace today, there are plenty of business models that lend themselves to part-time, semi-absentee, or side-hustle owners.

Many Franchise Owners Start Out This Way

While FranNet of DFW & Oklahoma doesn’t have any hard statistics to offer, we can share from our experiences that many full-time franchise owners started off as part-time or semi-absentee owners. They do so for many reasons, not the least of which is to protect their revenue while the business ramps up on its way to the breakeven stage. Essentially, these new franchisees want to dip their toe in the entrepreneurial waters without risking their financial future, at least up until the point when they’re ready to transition to full-time owners. And, like we said, many franchise concepts out there actually lend themselves to this kind of situation.

Which Type of Franchises Can You Side-Hustle?

Because FranNet represents hundreds of different franchise concepts, we’ll dispense with using any specific brand name franchisors, but we can give you a close look at which industries and opportunities are better suited for part-time or side-hustle ownership. What most of them have in common is the ability for you to set your own schedule, or hire a manager to run the day-to-day operations under your supervision.

As we mentioned above, FranNet of DFW & Oklahoma isn’t sharing the idea of a side-hustle when the kids go back to school because we think you NEED something to do. We’re just out to show you that many franchise opportunities are custom-tailored to work with the convenience of your own back-to-school schedule. And if you’re one of the ones who can make it all work, you stand to gain increased revenue and the possibility of building additional wealth.

Now THAT’s a side-hustle we can advocate for!

Let’s Chat!

If you’d like to know more about franchise opportunities and ownership, please get in touch. FranNet of DFW & Oklahoma is uniquely qualified to match your potential with the possibilities that come from small business ownership through franchising. All you have to do is allow us to be your guide. Our no-cost, no-obligation consultations have helped hundreds of entrepreneurs in North Texas and Oklahoma secure a future that belongs to them and them alone. If you’d like to get started on your own entrepreneurial journey, we’d love to introduce you to a whole new world of possibilities through franchise ownership.