Purchasing a franchise is an exciting endeavor, regardless of what business you are buying a franchise for. But, what makes this such an incredible investment? There isn’t a doubt in most people’s minds that starting a real estate brokerage business in this economy is best done with a proven system you can just take and run with it. Finding a great Real Estate Franchise For Sale in an area you love to work means you can pretty much transfer the money, sign the papers, and often start training in their own franchise training program. For the money you shell out for the franchise opportunity, they often include training, training materials, and a full workup of the business with a proven and effective model.
Why is it better to go with a Real Estate Franchise For Sale over starting from scratch? Let’s start with some statistics. First of all, nine out of 10 businesses will likely fail in the first year. Those that survive the first year often do not make it past year five without redlining and running themselves into debt. It is not that they don’t work hard and apply what they know; it is that, more often than not, their system is flawed somewhere, and it is causing an uphill battle.
Another issue with starting your own business from scratch is that starting your own business requires you to create resources from scratch; this includes connections, experts in your area to help you grow, and things of that nature. With a franchise, you are essentially hitting the ground running with EVERYTHING you need. You work within the franchise parameters, and every day you get better and better at it. With a franchise, you don’t have to spend all that time failing at the little things, as you fortify your business and resources. You spend that time actually running the business, learning the format and especially the system they use (which helps you in all aspects of business and life), and you are ready to go.
Many franchises also have a built-in network for promoting the business overall. This system usually creates a fee the franchisees pay based on the system being used. This fee is collected from all Franchisees and applied towards a synergy of advertising methods that help bring in business. This is an especially nice aspect of buying a Real Estate Franchise For Sale!
