Business Opportunities: What is Semi-Absentee and Absentee Ownership?

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When it comes to business opportunities, you may have heard about semi-absentee or absentee ownership. What exactly do these two terms mean? As you explore the option of franchise ownership, it’s important to understand exactly what it means to own a semi-absentee or absentee franchise. Below, I will go into a bit of detail about what these two business structures entail.

Business Opportunities: What is Semi-Absentee and Absentee Ownership?

First, a semi-absentee business is a type of business where you start and run it while you still maintain your career. Once you get a semi-absentee franchise up and going, you typically can expect to put in around 10 to 15 hours per week to ensure your business is running properly. Essentially, this franchise model allows you to start building your business “on the side”. This model offers more time freedom than its “owner-operator” counterpart, in which you have to devote your full attention.

Another great option if you value time freedom is an absentee model. While you may provide financial backing to the franchise and have a say in what goes on, an absentee ownership franchise requires very little of your oversight on an ongoing basis. For this reason, you can dedicate the majority of your time and attention to another business or other ventures.

If you are looking for absentee or semi-absentee business opportunities in the world of franchising, I want to talk to you in further detail. Schedule a 15-minute call to learn more about business opportunities you can do on the side and put your time and attention into other ventures simultaneously.