Jeff Dudan explores whether you can keep your job while running a franchise, breaking down owner-operator and semi-absentee models. The key question: how much time does your franchise actually demand, and which ownership structure lets you stay employed elsewhere.
Hey, everybody. Welcome back to Franchise Fridays on the Unemployable Podcast.
I'm Jeff Dudent, and today we're tackling.
A question I hear all the time from people exploring franchise ownership.
Can I keep my job and still run a successful franchise? Here is the deal. There's a massive difference between owning a business and running one.
And if you don't get that distinction right, it could cost you big time.
In time, money, and a whole lot of unnecessary stress. So in this episode, we're going to.
Break down what it really takes to succeed as an owner operator versus a.
Semi absentee, or as I prefer to.
Call it, executive model.
Franchise business owner. Really sounds like the best of both worlds, doesn't it?
The tax advantages, cash flow, the equity.
Building benefits of business ownership. While maintaining your wages, your commissions, your salary, and of course, your benefits, it's easy to see why so many people ask the question, can I run a business and keep my job? The answer is, it depends. Well, that's all we have for you today. Good luck.
Thanks for listening to Franchise now. Just kidding. That's it.
There's more than that.
Then it depends.
All right, but first we've got to.
Start by getting the terminology right.
You've got the owner operator, the semi.
Absentee model, and something called, as I.
Said, the executive model, the owner operator. This is obvious. This is your baby. You are the face of the business. You show up every day, you're all in boots on the ground, sleeves rolled up. You're running sales generally to start with.
You're leading and building a team.
You're solving any problems as they come up operationally. Sales, customer issues, you're wearing all the hats at the beginning and taking them off one at a time as your.
Business grows and you add to your team.
Now, as opposed to that, let's talk about the semi absentee or the executive model. I think these roles shake out almost the same thing, with the exception of expectations and.
