I’ve been looking at investing in franchises for some time now.

However, I do not want to be stuck in the operation of the franchise, as I intend to own multiple locations (likely from different franchisors), thus making it impossible for me to handle all the day-to-day, or any other routine procedures for that matter.

What I want to know is, is it possible to run a franchise, being an absentee owner?

Of course this raises the question, “who will take care of the day-to-day duties?”

Staff, naturally. But as with any business, there needs to be management.

I know that for actual properties, you can hire a property manager to take care of all matters relating to tenants (finding and maintaining tenants, collecting rent, paying off utility bills, performing maintenance as necessary, etc.) - but is there a similar service available for the operation of a franchise?

This would include the financial record keeping, staffing, paying off all bills due to the restaurant (phone, cable TV, utilities if separate, etc.), as well as disbursement of payment to employees.

Could I hire somebody/a company to do that on my behalf? Or must I only franchise within my own means?

Franchising.com:
The Military Spouses Residency Relief Act of 2009 could potentially help thousands of active duty service persons and members of the National Guard reduce the complexity of state income tax and personal property tax issues when married, stated Jackson Hewitt Tax Service®. The Company reminds military taxpayers of the Relief Act, along with other tax [...]

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openPR:
Mystery shopping is now considered the most successful way of securing and optimising quality standards at franchising companies. INTERNATIONAL SERVICE CHECK is an international mystery shopping provider which has focused exclusively on this key competency since the company’s foundation in 1996. The special method used by INTERNATIONAL SERVICE CHECK – sending representative test customers to [...]

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India Business Blog:
While economic conditions force numerous businesses to reduce their inventories and workforces, Discovery Point Child Development Centers announces expansion goals with new franchise opportunities available throughout Georgia, Florida and Tennessee.
A number of trends support increases in the supply and demand for quality, affordable childcare centers. Single-parent and dual-income households are on the [...]

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The Business Insider:
Last week we learned AOL plans to expand its local news blog network Patch from 30 or so sites to “hundreds” by the end of 2010.
How will AOL grow so fast? Maybe we now know: A source tells us that on a recent visit to the offices of AOL’s local news blog network [...]

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PR Newswire:
Mr. Sewer is making its debut as a national franchise Feb. 24-27 at the 30th Annual Pumper & Cleaner Environmental Expo, in Louisville, KY – the 75th largest tradeshow in the U.S., according to Tradeshow Week magazine.
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Richmond Times Dispatch:
Late last year, Alisha Thompson was at a crossroad.
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mydigitalfc.com:
Kiwi Kiss, the Canadian frozen yogurt chain owned by AW Holdings — known for the fresh juice and sm¬oothie brand Jus Booster Juice — will soon come to India. Brand Calculus, the master franchisee of Jus Bo¬oster Juice in India, is bringing the yogurt brand too.
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India Infoline.com:
Franchising has been a significant organizer as well as facilitator of small and medium businesses across industry verticals, thus galvanizing the evolution of organized markets.
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i have worked for a company for 3 years and 2 weeks ago my name was taken off of the schedule without notice. I inqured as to why this happened no manager knew why, i checked again today and i am still of the scehdual and noone could tell me why, I am assuming that i have been fired but there is no just cause and noone has called to inform me of this. I want to know if there is anything i can do in the province of Ontario this company has more than one complaint with the labour board of canada as of know from past co-workers, this is a franchised restaurant if that matters.

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