Like a stormy March, side hustle franchises are coming in like a lion! The best ones are making a big roar and remain in high demand from savvy investors.
What is a side hustle franchise?
It’s where the business model is built on a General Manager (GM) running daily operations. This is very different from the majority of franchises which are owner/operator business models.
There are relatively few franchises that provide for the owner to have less than a full-time commitment. These are called manage-the-manager, semi-absentee, or part-time franchises.
By definition, these franchises involve awarding multiple units or territories from the start. People looking to scale to a sizable business make great candidates.
Check out this Franchise Alert on Side Hustles.
Remember to join us each Wednesday at 11:30 a.m. Eastern for the Franchise Minute. Next week’s topic is Pet Franchises – including manage-the-manager ones. Click here to register.
