Thinking About Mobile Service Franchises in Canada? Here Are 3 Real Benefits to Weigh

Your franchise dream in Canada doesn't necessarily require bricks and mortar. Mobile franchises are quickly becoming a real force in the industry, particularly ones offering a specific service or range of services in the same general category. If you're not sure what a mobile service franchise could do for you, here are three benefits of investing in one that you may not have considered yet.

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You'll have lower expenses

You have probably heard of businesses being unable to pay their building or space leases during the pandemic. This wasn't surprising; it's tough to pay the bills when you can't open your doors. While some closed down, others shifted to working from home and dropping those rent and utility payments they used to have for their storefront.

When your franchise doesn't require a retail space, it automatically removes those overhead expenses that come with a physical location. You will likely still need a desk, computer, phone and possibly a full home office or storage space, but you won't have to sign a lease with a long-term and potentially high monthly rent cost.

As a mobile service provider, you don't need a brick-and-mortar location. You can provide your service remotely or right at your customer's location. Whether it's computer repair or home decoration, owners of a mobile franchise sidestep the financial burden of maintaining that physical business space.

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You'll open faster

Naturally, the track to opening a mobile franchise is often shorter than that of a storefront franchise. When you need a retail space, it can take months to find a space, negotiate the lease and complete the brand build-out. With a mobile franchise, you can often hit the ground running in a matter of weeks, depending on the training period and other factors.

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You'll have less risk

Of course, all new businesses come with risks, including a mobile franchise. However, mobile franchises tend to carry less risks than a retail storefront opportunity. Part of that is due to fewer upfront costs, but there is also the fact that these types of businesses can often still operate under conditions that would force a storefront to close.

Naturally, mobile franchises have their downsides, too. Some people, for example, tend to struggle to stay focused or motivated when working out of their homes. Others may find the scheduling--which may be more on demand to accommodate customers at their sites--less predictable and harder to handle than a fixed store schedule. Before you decide on or rule out a mobile service franchise, be sure to consider your own needs, goals and preferences in these crucial areas.