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Follow on Google News | The role played by Home Based Franchises is huge, and opportunities for new investors even biggerBy: franchise4u The British Franchise Association, in an exciting study, revealed that 40% of all franchise opportunities available in the UK market are either home based, or have the potential to be home based. This, in all fairness, reflects on the way the world of business is moving forward towards a hyperlocal and heavily delegated future. For people who are looking to invest in home based franchise opportunities, this is great news. And every number out there indicates that there are many of them. For example, the numbers from the Office For National Statistics showed that in 2015, more than 4 million Britons worked from home. Private surveys go on to reveal that nearly half of UK workforce is expected to work from home (part/full time) by the end of 2020. Some obvious advantages of running your business from home include the freedom, flexibility and productivity. Home based business owners are also able to maintain better balance between their professional and personal lives. Moreover, in comparison with franchises in other industries, home based franchises are cheaper to buy and run. For instance, many professional service franchises in the home based category will require one to raise less than £20,000 to get started. Investors also have access to franchise finance from banks and private lenders. As should be obvious, home based franchises involve very few overheads. Most importantly, since there's no dedicated location to be rented and maintained, one can hope to save tens of thousands of pounds each year. In essence, home based opportunities are ideal for first-time entrepreneurs, parentrepreneurs and people looking to establish a secondary stream of additional income. The comprehensive Franchise Directory at franchise4u (https://www.franchise4u.co.uk/ For more details visit Website: https://www.franchise4u.co.uk End
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