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There are several different business models that
may fit your lifestyle and business goals



                    Part Time
    Full Time                        Absentee
                 “Semi-Absentee”




1
Full-Time Business Ownership

On-site, leading and managing the day-to-day



        Full Time




                                           But what about alternatives?
 2
While Full-Time business ownership is the first that comes to
mind, it isn’t the only way…
                               Especially if you are thinking….
                                   I love my job and don’t want to quit, but
                                    something on the side might help fund my
                                    retirement

                                   I have a lot of commitments with the kids,
                                    sports and PTA

                                   I’m not sure that I can let go of a regular
                                    paycheck until the business gets ramped up

                                   I love adventure and hard work and I can do it
                                    all…with some good help!

                                   We’ve got some cash to invest and business will
                                    return more than traditional saving alternatives


 3
Part-Time Business Ownership

Off-site, leading the strategy. Hiring staff to manage the day-to-day



      Part Time
       Business
      Ownership




 4
What is a Part Time Owner?
                 An individual who wants to
                  continue their employment
                  either full time or part time.
                 Someone who can oversee
                  the business up to 25 hours
                  per week possibly with the
                  help of a spouse.
                 Someone who only wants to
                  work in the business up to 25
                  hours a week
                 Someone who is interested
                  in having incremental income
                  and build equity.
                             5
Absentee Business Ownership

Off-site, leading the strategy. Hiring staff to manage the day-to-day



               Absentee




 6
What is an Absentee Owner?
       An owner who is not
        involved in the day-to-day
        operation of the business.

       Usually has a manager who
        oversees the business.

   Supplemental income and
    equity appreciation of the
    business



                                        7
Most common characteristics

   The owner may have full time
    employment.
   The owner may have another business
    that they devote their full or part time
    attention to.




   Someone who wants to earn incremental income and build equity in having
    another business or number of businesses.
   Someone who wants to invest in business ownership versus other investments
    to achieve their financial goals.
   The owner may live in another geographic area.
    8
Keep job…       Income          Start small
Family can      Stream          & evolve into
run it                          Full-Time




    Diversify            Build add’l
                         Equity
Is Passive ownership possible?




10
Yes, absentee or semi-absentee is possible…

    It is done by individuals and corporations every day.




                                       Even NFL players….




11
Will Herring


               Position: Linebacker Teams: New Orleans
               Saints and Seattle Seahawks

               Status: Active (Saints)

               Company: Herring took advantage of the
               recent NFL lockout to launch Herring Fitness, a
               24-hour gym in Auburn, Alabama. The
               automated gym, which members access using
               PINs, employs two full-time staff members and
               several freelance personal trainers.



12
Eddie George


Position: Running back Teams: Houston Oilers,
Tennessee Titans, and Dallas Cowboys

Status: Retired in 2005

Company: Two years before leaving the NFL,
George founded the EDGE Group, a landscape
architecture and design firm that serves
commercial developers, municipalities, and
schools. The 17-person firm has offices in Nashville
and Columbus, Ohio.
A lower risk option because most people
  maintain their full time job.
    For example the owner can open one unit and then
     additional units in the future.




    14
Many franchisors’ business models
       are set up exclusively for the
       absentee or part time owner.




15
Many individuals find that they have a
much higher rate of return on absentee
business ownership than other types of
                          investments
                             because…


16
Higher returns…
 It is a proactive versus reactive
  investment
 It has greater potential for return
  than the unstable stock market.
 It has greater return than the volatile
  real estate market
 Profitability on a monthly and yearly
  basis along with equity appreciation
 Investment levels generally run from
  $100,000 to $350,000.

 17
And here are just a few examples




18
The Entrepreneur’s Source (TES)
   Small business coaches; franchise
    expertise – 230 offices nationwide
   Educate those considering business
    ownership
   Coaching - help clients explore self         "A coach is someone who
    employment options; stay focused on          tells you what you don't
                                                 want to hear, who has you
    goals                                        see what you don't want to
   Bring the right fit businesses to clients-   see, so you can be who you
                                                 have always known you
    95% of our clients discover options they     could be."
    would have not considered on their           - Tom Landry, Coach –
    own                                          Dallas Cowboys

   Use education, assessments and on line
    business courses
     19
How we work with you:




     95% of our clients discover options that they
     would not have explored on their own
     No cost for our placement coaching services
20
Questions


Stephen D’Andrea
1 650 949 2077
sdandrea@esourcecoach.com
www.esourcecoach.com/sdandrea




     21

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Absentee Owner Franchise Businesses

  • 1. There are several different business models that may fit your lifestyle and business goals Part Time Full Time Absentee “Semi-Absentee” 1
  • 2. Full-Time Business Ownership On-site, leading and managing the day-to-day Full Time But what about alternatives? 2
  • 3. While Full-Time business ownership is the first that comes to mind, it isn’t the only way…  Especially if you are thinking….  I love my job and don’t want to quit, but something on the side might help fund my retirement  I have a lot of commitments with the kids, sports and PTA  I’m not sure that I can let go of a regular paycheck until the business gets ramped up  I love adventure and hard work and I can do it all…with some good help!  We’ve got some cash to invest and business will return more than traditional saving alternatives 3
  • 4. Part-Time Business Ownership Off-site, leading the strategy. Hiring staff to manage the day-to-day Part Time Business Ownership 4
  • 5. What is a Part Time Owner?  An individual who wants to continue their employment either full time or part time.  Someone who can oversee the business up to 25 hours per week possibly with the help of a spouse.  Someone who only wants to work in the business up to 25 hours a week  Someone who is interested in having incremental income and build equity. 5
  • 6. Absentee Business Ownership Off-site, leading the strategy. Hiring staff to manage the day-to-day Absentee 6
  • 7. What is an Absentee Owner?  An owner who is not involved in the day-to-day operation of the business.  Usually has a manager who oversees the business.  Supplemental income and equity appreciation of the business 7
  • 8. Most common characteristics  The owner may have full time employment.  The owner may have another business that they devote their full or part time attention to.  Someone who wants to earn incremental income and build equity in having another business or number of businesses.  Someone who wants to invest in business ownership versus other investments to achieve their financial goals.  The owner may live in another geographic area. 8
  • 9. Keep job… Income Start small Family can Stream & evolve into run it Full-Time Diversify Build add’l Equity
  • 10. Is Passive ownership possible? 10
  • 11. Yes, absentee or semi-absentee is possible…  It is done by individuals and corporations every day. Even NFL players…. 11
  • 12. Will Herring Position: Linebacker Teams: New Orleans Saints and Seattle Seahawks Status: Active (Saints) Company: Herring took advantage of the recent NFL lockout to launch Herring Fitness, a 24-hour gym in Auburn, Alabama. The automated gym, which members access using PINs, employs two full-time staff members and several freelance personal trainers. 12
  • 13. Eddie George Position: Running back Teams: Houston Oilers, Tennessee Titans, and Dallas Cowboys Status: Retired in 2005 Company: Two years before leaving the NFL, George founded the EDGE Group, a landscape architecture and design firm that serves commercial developers, municipalities, and schools. The 17-person firm has offices in Nashville and Columbus, Ohio.
  • 14. A lower risk option because most people maintain their full time job.  For example the owner can open one unit and then additional units in the future. 14
  • 15. Many franchisors’ business models are set up exclusively for the absentee or part time owner. 15
  • 16. Many individuals find that they have a much higher rate of return on absentee business ownership than other types of investments because… 16
  • 17. Higher returns…  It is a proactive versus reactive investment  It has greater potential for return than the unstable stock market.  It has greater return than the volatile real estate market  Profitability on a monthly and yearly basis along with equity appreciation  Investment levels generally run from $100,000 to $350,000. 17
  • 18. And here are just a few examples 18
  • 19. The Entrepreneur’s Source (TES)  Small business coaches; franchise expertise – 230 offices nationwide  Educate those considering business ownership  Coaching - help clients explore self "A coach is someone who employment options; stay focused on tells you what you don't want to hear, who has you goals see what you don't want to  Bring the right fit businesses to clients- see, so you can be who you have always known you 95% of our clients discover options they could be." would have not considered on their - Tom Landry, Coach – own Dallas Cowboys  Use education, assessments and on line business courses 19
  • 20. How we work with you: 95% of our clients discover options that they would not have explored on their own No cost for our placement coaching services 20
  • 21. Questions Stephen D’Andrea 1 650 949 2077 sdandrea@esourcecoach.com www.esourcecoach.com/sdandrea 21

Editor's Notes

  1. We want to briefly explain who we are and what we do. (pause) We provide a free educational resource for people who are exploring franchises. We help our clients clarify their goals, transferable skills and what they are trying to achieve through biz ownership (pause). Once we determine if business ownership is an appropriate career path, we match our clients to business models that fit their specific circumstances. We educate our clients about franchises and help them get access to data. The Entrepreneur’s Source is a franchise with 230 locations, just one example of the hundreds of different home based and office based franchises. We offer on line courses to our clients created by a world re known expert on small businesses, Michael Gerber. Gerber wrote the widely acclaimed E-Myth Series, which examines why small businesses don’t work and what to do about it.