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Monday, 12/19/2016

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• • • FRANCHISE TIP • • •

Franchise Tip
Absentee or Semi-Absentee On The Side

One of the first benefits of Absentee or Semi-Absentee is the reduced concern of funding your venture. In addition to the working capital necessary to launch a franchise or small business, banks and lenders will see the supplementary financing as less of a concern with a working and salaried owner at the helm. If done correctly, you’ll always have your secured cash flow present while building out the future profits necessary to maintain your initial investment costs.

Keep in mind that growing a business on the side while you keep your day job must be done in phases. It may take a while longer to see the results, but during this period you will be operating with the safety net you’ve come to depend upon prior to your business launch.

Absentee and semi-absentee businesses can be a safer alternative while starting a successful venture. Locating and launching a valuable franchise opportunity while keeping your day job, your salary, and your benefits is possible to achieve. It’s perhaps a safer route, but it requires an intricate set of segments. Taken together, the venture will become a bit of a “balancing act.”