BUSINESS BROKERAGE AFFILIATE COMPARISON TO A BUSINESS BROKERAGE FRANCHISE
There are many significant advantages to becoming an Affiliate of Global Business Brokers International over joining a Business Brokerage Franchise. Most of these differences revolve around money and territory.
The chart below demonstrates the major differences between the Global Business Brokers International Affiliate Program and a Business Brokerage Franchise Program from both an initial cost and an ongoing cost point of view.
Global Business Brokers International
Murphy Business Systems
UP TO $128,700
Sunbelt Business Brokers
UP TO $111,000
VR Business Brokers
UP TO $150,000
The source of the above information is the International Franchise Association Web Site.
* Partial, interest free financing is available for a qualified Affiliate Prospect!
There are other significant differences besides costs. They include:
BUSINESS IDENTIFICATION - As an Affiliate of Global Business Brokers International, you operate under your own name which allows you to build equity and a long term reputation for your own "Brand." As a member of a franchise organization, you would operate under their franchise name.
TERRITORY RESTRICTIONS - As an Affiliate of Global Business Brokers International, you can practice as a professional Business Broker in any geographical area that you are licensed to do so, anywhere in the world. Under a franchise system, you could be restricted to operating your Business Brokerage within your "Franchise Territory" which could inhibit your ability to grow your Business Brokerage outside you defined Franchise Territory. Additionally, should you elect to leave the franchise system, there could be severe penalties, including the requirement to sign a Non Compete Agreement so that you would be restricted from being a Business Broker in the geographical area of your choice.
OPERATING RESTRICTIONS - As an Affiliate of Global Business Brokers International, you can adopt your own "Best Business Practices" and not be limited by a franchise operating system.
There are many other differences and advantages to operating as an Affiliate of Global Business Brokers International over joining a Business Broker franchise. For a more detailed discussion, please contact me personally.
I look forward to talking with you!
Orville Wright, Founder Global Business Brokers Institute