HOW TO FRANCHISE?

There are different degrees and various ways of running a home based business. There are trades and occupations that you always knew were home-based and others that will surprise you. The only limitations are:

• whether your business is suited to a home location;
• whether your business can get local or council approval to operate; and, naturally, home-based or not:
• whether your business is a viable option. If the answer to all three is ‘yes’, the only other limit is your imagination! So what do people offer in a home-based business? One of three things. They:
• provide a service;
• sell a product;
• manufacture a product.

Providing a service can range from typing to window cleaning, from management consultancy to graphic design or dental treatment. Selling can be by means of direct retail or wholesale. It can be over the telephone (telemarketing), door-to-door (as with Avon), party-plan (as with Tupperware), or network or multi-level marketing (as with Amway).You can grow and sell herbs or flowers, or raise snails for gourmet palates.

As for manufacture, you can make wetsuits or fashion outfits, sew mosquito nets or create wonderful jewellery. One point to bear in mind, however, is that not all of these enterprises will be classified as home-based businesses. If you sell some $1000 worth of Avon or Amway products each year, for example, you are not technically operating a business, and you will not be eligible for the corresponding tax deductions. On the other hand, should you be making $100 000 a year with a mobile
telephone and computer website to handle your cosmetic orders, you most certainly are running a business. And a very successful one at that!