Part-Time Franchises in NZ
Are you looking to turn spare time into spare cash? If you’re looking for a way of making some extra money, or don’t want to give up the day job yet, buying a franchise you can operate part-time can be a great way to get into your own business. Although some opportunities suggest you can earn a full-time income from a part-time job, to be successful you always have to work hard and put in the additional hours.
Part time franchises have their good points and bad points, but you can enjoy flexible hours that allow you to work around childcare, school days or school holidays, while many people enjoy being able to start early or late and have the rest of the day free. They can also suit people taking early retirement or redundancy, or looking for a side hustle.
When you’re looking for a part time franchise business, it’s important to do more than ask ‘How much does it cost?’ and ‘What experience do I need? Do your research – we recommend putting in an hour of research for every $1000 that you plan to invest. Apart from talking to the franchisor and asking them lots of questions, it’s also a good idea to talk to franchisees who are already running part time businesses to get all the information you need before you open your own business.
While there are many good part time franchise opportunities for sale, they are all different. Before making your decision, you should consult a lawyer specialising in franchises. You’ll also want to know how much you can make from a part time business so consult a financial advisor or accountant experienced in franchising. If you need finance, there are a number of banks which specialise in financing franchises.
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What you need to know
Some useful advice to consider when looking for a Part-Time Franchise
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