Business Partnership franchiseWe Value Your Business
Build a business brokerage that plays to your strengths. Be the local expert for fellow business owners in your dedicated territory. Support and help them through the sale of their businesses across all sectors and from values ranging from a few thousand to many millions.
Average floor space:
Most work from home
About Business Partnership
Who are Business Partnership?
Established since 1979, Business Partnership is one of the UK's leading independent business broker networks with vast experience in advising owners on the sale of their businesses.
The role of our Regional Partners (franchisees) is to support other SME business owners, earning fees from business sales & valuations, as well as acquisition and exit planning.
What is a Business Broker?
A business broker is the SME equivalent of a mergers & acquisition team. Whilst global Plc’s employ teams of people to bring established brands together, a business broker’s focus on the business sale. Valuation, advertising, vetting potential buyers and negotiating deals. Business brokers then work closely with specialist solicitors, accountants and others to ensure a sale completes.
Have you got the know-how to become a business broker?
Our franchisees come from a plethora of backgrounds like finance, accountancy, engineering, marketing, wholesale and the care sector. Some have owned and sold their own businesses. Others have not.
We don’t have a tick-box of qualifications. We recruit on aspects of personality and past business credibility. Our most successful recruits demonstrate some of the following attributes;
- An understanding of the fundamentals which make a good business
- The ability to enjoy meeting people and building a rapport
- Self-motivation and drive
- A willingness to network amongst business groups
- A desire to learn
- A personal network amongst which you are well-regarded
- Credibility in at least one business sector
Additional income streams
Business sales are the backbone of the broker’s role. Once you’ve mastered these there are services that offer other income. These include paid valuation work, acquisition searches and, once qualified, work as a certified Value Builder coach.
What’s my financial investment?
The franchise fee is £20,000 and we estimate a further £14,500 working capital will see you through your first year. This additional working capital covers the fixed franchise fee of £580pm and contribution to marketing of £85pm with an additional £6,520 estimated for general business set up (phoned, office addresses, network attendance, travel etc).
Unlike other franchises, Business Partnership do not charge a levy or royalty on your earnings. Our costs are fixed and transparent. What you earn on top of this is yours to keep.
Break even should be within the first half year and you should be earning a minimum of £80,000 by the end of year 2 and over £100,000 after that……if you put the work in and follow the model.
How long is a franchise term?
Each franchisee receives exclusivity to a defined territory for 5 years. Each territory is guaranteed to hold a minimum of 50,000 registered businesses. At the end of the term, Regional Partners can renew their franchise at no additional cost.
Training and support provided
The training you will receive
Where Business Partnership is unique is that the board of directors have all operated as franchisees. This means they are aware of the changing needs of clients, the challenges of the market as well as the hands on day to day work necessary to deliver the service.
Our training flexes to incorporate these market changes, and to also fit around the previous knowledge and experience you bring. Key headlines include;
- 10 full days training with senior partners
- How to value a business
- Converting prospects
- How to sell a business
- Regulatory considerations
- Key information resources vital to your success
The systems to support you
You can’t run a modern business without flexibility and we have the systems to enable that. Business Partnership provides;
- Bespoke, cloud-based CRM and admin systems for a totally portable office. You just need a reliable broadband connection.
- 2 brands. Business Partnership and Business Partnership Corporate which target different levels of the market
- 2 websites to support the brands
- Marketing launch package
- Ongoing mentoring
The ideal Business Partnership franchisee
Could you be a business broker?
Once trained, how your target your business is entirely up to you. Some offices focus on high street businesses. Some focus on engineering and manufacturing. Some focus on size, looking for £1m+ turnover businesses. Some prefer not to specialise at all.
How you focus your business will be determined by your past business experiences, where your network is strong and by what sectors give you most pleasure to work in. You don’t get that level of flexibility with many franchises, so why not register your interest and let’s talk.
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