A home-based franchise is a business model that enables franchisees to run operations from their home, eliminating the need for a retail storefront or office space. These franchises often involve services such as consulting, tutoring, travel planning, or home services like cleaning and repair. Home-based franchises are appealing due to lower overhead costs, flexibility, and ease of entry. They are ideal for entrepreneurs seeking a lower-risk, low-investment opportunity that can grow into a full-time business.