If you're looking to create additional streams of income, whether you are an employee, business owner or own commercial real estate, then a franchise might be an option.
As an employee, you'll probably need to find a business that you can operate part-time, on the side. A good example would be a property management franchise.
As an business owner, say you have a landscaping business. You could add franchises that offer additional home-services to your existing customers such as window or carpet cleaning.
If you own commercial real estate, you could direct the passive stream from the rental income and direct that towards an executive ownership model franchise, such as hair care or personal services.
Regardless of where you are, a franchise might be a good choice for creating additional income streams.
Chris & Heather Sims
"We initially didn’t understand the process and rewards of working with a franchise broker. But as the old adage goes, 'you don’t know what you don’t know.' Sue Bennett quickly became acquainted with our needs and gave us a different point of view. With her help, we were able to more quickly recognize opportunities that fit our needs. With her help, we are now off and running to what we look forward to being the best career decision of our lives and we will forever be grateful for Sue’s help."