Semi-Passive franchise ownership is a path to additional income and significant asset growth while potentially being a career alternative or safety net.

Franchising is particularly suited for semi-passive ownership because the following advantages:

• highly systemized with a “playbook” covering every part of the business

• easy transfer of knowledge and training for new employees

• comprehensive corporate backup and support

• existing brand name recognition

• allows owners to use their high-level management skills

• highly robust management systems which allow remote management

• wide range of businesses which deliver essential and recession-resistant services

• ability to scale rapidly and efficiently

To be successful in a semi-passive franchise ownership venture, it is important to be aware of several key factors:

• the franchise must actively support and allow semi-passive ownership

• semi-passive opportunities require active oversight by the owner

• the owner must be willing to devote 10-15 hours per week managing the business

• the owner will need to hire a General Manager to oversee daily operations