Financing your sales and lettings franchise
When it comes to financing your sales and lettings business with Belvoir, Newton Fallowell, Northwood, Lovelle or Nicholas Humphrey's, there’s a lot to consider. Of course, we will support you to plan financially, but there will be hard work needed from both sides to ensure you have a solid business plan. With years of experience under our belts, the Belvoir Group is able to provide assistance in the following areas:
When you start your sales and lettings franchise business with the Belvoir Group an initial investment is required, the amount will depend on whether it is a going concern resale or an acquisition.
We would be pleased to discuss this in more detail.
We have strong relationships with the banks we work with and other finance sources, which means we can put you in touch with lenders when you are looking to raise capital for your business. Our brand instils a high level of confidence with our financial partners, which results in low-risk perceptions of new Belvoir Group franchisees – which is great news for you!
When you are preparing your business plan, we will prepare a typical cash flow projection based on the experiences of past successful franchisees. This will help guide you through the cash management process needed to assure your sustainable business growth.
Over the years, the Belvoir Group has established a strong supply chain. This means we continue to vigorously negotiate costs with our service and software providers, to provide our franchisees with excellent cost models.
Making profit is a key aim for any business, so understanding the potential for growth is really important. Ultimately, franchised businesses of this type can expect net profits of around 25-30%. We’ll work with you and your available funding to build a five-year recruitment and investment plan, in which your profits will be forecasted. By the end of the five-year period, you should expect to have a debt-free and profit-enhanced business.
Growing through acquisition
There may come a time that you’d like to grow your business, and this can be done by expanding your business through acquisition. Our assisted acquisitions programme will search for potential business opportunities, and work with you to negotiate and even help finance the deal.