Many aspiring franchise owners wonder if they can keep their full-time jobs while owning a franchise. The answer is yes, through what is known as semi-absentee ownership, where individuals manage franchises on a part-time basis. However, the definition and requirements for semi-absentee ownership vary significantly between different franchises. Some brands might allow owners to dedicate as few as 10 hours a week, while others require 20 to 25 hours. Prospective owners should research and engage with franchisors to understand their specific policies before proceeding.
The term "semi-absentee owner" allows individuals to own a franchise part-time while maintaining other commitments, though definitions of this term can vary significantly.
Many franchises have drastically different policies on semi-absentee ownership, with some supporting it robustly while others require full-time involvement.
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