Semi-Absentee Ownership You should be able to articulate your personal and financial goals. Determine if you have 10 to 20 hours per week to spend on the business. trained, professional manager to run your business. growing trend in franchising is You may be asking, “who does this semi-absentee ownership. This model fit?� Corporate executives lookis a great way to own a franchise ing to diversify their portfolio are semiwithout having it take over your absentee owners. So are stay-at-home whole life. This addresses the motives of parents looking to get back into the candidates who want to keep their career workforce but want to maintain flexibiland build an asset or invest on a larger ity in their schedule. Semi-retired professcale. As a semi-absentee owner, you sionals have considered semi-absentee are relieved of the day-to-day respon- ownership because it allows them to sibilities, which lets you focus on the maintain their current level of activity. big picture of your business and its Investors are also semi-absentee owners growth. However, you will need a highly because they have the infrastructure in By Rick Morgin
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10 FRANCHISE CONNECT | NOV-DEC 2019
