The best way to increase your personal and generational wealth is through expanding and diversifying your portfolio. There are so many methods to diversify that there is no need to invest exclusively in real estate or the stock market, especially when house prices have risen by more than 15% and the market is on the verge of a significant downturn.
There are more investment options than just real estate and equities. Do you want to invest in something other than real estate? A semi-absentee franchise model can help you diversify your assets.
A franchise may be the best option for you if you want a faster return on your real estate investment options. You can profit directly from a franchise investment, have greater control over your investment, and see a faster return.
Franchisees are provided with proven tools, business models, training, and other resources to help them succeed in sales. One of the key reasons a franchise investment is one of the best low-risk investment options is the assistance provided by the franchisor.
While any business endeavor has its risks and benefits, there are franchises with proven business plans and substantial backing from the franchisor.
There are almost no limits when it comes to franchising options. You'd be surprised at how many industries allow absentee and semi-absentee ownership. Here are a few examples:
- Boutique fitness franchises
- Personal Care franchises
- Children's Education or Well-being franchises
- Salon franchises
- Home Service franchises
With a semi-absentee franchise, you can still have the free time to continue your other investments. But as the market is declining, many investors now realize the importance of diversifying financial portfolios outside of real estate and the market.
If you would like to expand your portfolio, please schedule a brief call here.