Tag Archives: Franchise Information

08Jun 2010

Why Choose a Property Franchise?

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 By Steve Roulstone

OK, so you want a buy a Franchise! But in what Industry? Let me list some of the reasons I chose a Property Franchise.

Market.

Well let’s face it the Property Market could not be any bigger could it? Everybody needs somewhere to live and modern patterns dictate that we move more often and the Nation is following the European way and moving towards Property Rental more and more.

Legal matters!

The Property Law is complicated and confusing and is an excellent base for running a business. Surely the more complex the more room the market gives for professional services? Is this not why we all have a Solicitor? So yes Legal does matter and is the basis for running a professional Property Management Company.

The all important £.

It is not just that each property can give a return of four figures per year, but also that it gives that return without being prompted! The Property Rental market is set up so that Letting Agents are paid quickly and efficiently, so Cash Flow is always positive. I know how important that was to me.

Time on the Job.

I found that so many Franchises offer a return based on how much you can do in a day. Property Management is so different. Yes, the more you manage, the more you have available, but, it is also true that the more you manage, the less need involvement every day, leaving you free to develop new business, whilst the existing business looks after itself.

Put it all together and I found Castle Estates!

I chose a Property Franchise because of these reasons if you think you agree that a large professional market, offering a reasonable return for each unit of sales quickly and without delay, whilst still offering the opportunity to develop further income then property Management could also be for you!

20May 2010

Many routes to Franchise Business Opportunities

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Steve Roulstone - Director, Castle Estates

By Steve Roulstone

The traditional route of starting a business on your own is not always the route taken to Franchising, for example, the Business Franchise can be stated in many ways. In certain markets, existing offices where the Franchisee is retiring or changing direction are available for sale and can offer an instant trading return.

Other Franchise opportunities

There are also specialist agencies who market existing portfolios in certain industries, such as the Lettings Industry, that can give the same trading start, but offer the possibility of giving the existing brand fresh impetus that a recognised Franchise name can deliver and be very profitable. Sometimes, with careful research, this can be the best way forward for any entrepreneur.

Business to Business opportunities

It is also noticeable that more existing independent Letting Agent brands are approaching Franchising to ensure they are well informed and trading at the front of an industry where such information and advice has been expensively purchased in the past and Franchising now becomes a value for money method of ensuring compliance.

Being aware of what Franchise Opportunities exist

Has to be a part of any Franchisor’s strategy, At Castle Estates we make sure that we listen to every potential Franchisee’s so we can make them aware of what is available to them in this ever evolving market of ours. Partnerships, existing offices for re-sale, opportunities with existing Companies and existing portfolios, all need to be considered. What we should do is make sure our customers are aware as well.