Business Partnership

  • Investment: £25,000

We are searching for self-motivated individuals seeking a financially rewarding and enjoyable business to join our network. Exclusive territories, available around the country so just enquire to see if we have one that suits you.

For Sale

Business Partnership

Nationwide
Seller Ref:FRA6872111552
  • Price: £25,000

We are searching for self-motivated individuals seeking a financially rewarding and enjoyable business to join our network. Exclusive territories, available around the country so just enquire to see if we have one that suits you.

Profile Information

Do you love business, making deals and enjoy a challenge? Yes? In that case you’ll find this franchise utterly fascinating!

You’ll be part of a mutually supportive team helping business owners achieve their goals.

 

Established in 1979, Business Partnership is now one of the UK’s leading independent business broker networks, with a wealth of experience in advising owners on the sale of their businesses.

If you are looking to join a national group of like-minded partners, who enjoy a flexible and rewarding lifestyle... Look no further! Some of our franchise partners are working to build their franchise, having only joined in the last few years, while others have over 20 years of experience with the franchise

The role a Business Partnership regional partner is to support business owners, while earning fees from business sales and valuations, as well as acquisition and exit planning.

Who is Business Partnership looking for?

People, just like you… who have commercial experience and a passion for business with the desire to help business owners achieve their dreams, to join their friendly and dedicated team.

Business Partnership is unique in that all of the board of directors have been franchisees (amassing over 60 years’ experience between them) so they are very well aware of the challenges you might face including knowing the changing needs of clients, adaptations in the market and giving you the ‘hands-on’ operational advice necessary to deliver the service. You will receive all the help and support you need to get your franchise area up and running as soon as possible.

You’ll also be able to draw on the invaluable advice and knowledge from your fellow Regional Partners, should you need to.

The Franchise…

The franchise can be run from home on a part-time or full-time basis, depending on your ambition and other commitments.

As a Business Partnership franchisee, you will have your own dedicated area, so local knowledge can be a huge asset in what Business Partnership does. Selling a business in rural Scotland or coastal Wales brings different opportunities and challenges to selling a business in Central London or other big cities. Being part of the franchise adds a national brand to your efforts, working collaboratively to secure clients and sales.

You will work with an eclectic set of clients from small local businesses, likely to be bought by someone local to larger businesses which may attract buyers nationwide, or even from overseas.

Business Partnership’s central CRM system brings everything together. Sales listings appear on their Business-Partnership website, as well as all the major businesses for sale portals seamlessly, while their BP-Corporate site is there to attract larger business sale clients.

The Franchisees…

Successful franchisees have come from very different walks of life, business sectors and parts of the country. Their most recent franchisees have come from backgrounds in sales & marketing, banking, finance, legal, manufacturing, accountancy, and engineering.

During the many decades that Business Partnership has operated, some essential qualities have emerged that help you to hit the ground running.

  • The ability to establish a rapport quickly
  • The willingness to network (an important generator of introductions)
  • The desire to participate in a mutually supportive team
  • Credibility in at least one business sector with the ability to confidently converse at all levels
  • Self-motivation and drive
The Business Partnership Training and Support…

The extensive training program includes an initial six days of training with the directors covering all the aspects of the below AND MUCH MORE…:

  1. Marketing - How to find people who want to sell businesses
  2. How to value a business - including accounts interpretation
  3. Converting prospects to clients and what fees to charge
  4. How to find buyers
  5. Full training in handling negotiations through to completion

Four further training days are taken at your discretion to deliver the support you require.

Business Partnership also holds national franchise meetings where everyone comes together to exchange experiences and ideas. This is supported by virtual meetings & training on any system updates.

Your Investment

The franchise fee is £25,000 + VAT and as there are minimal overheads associated with a home-based business; the only two monthly fees to factor in are the management service fee and your contribution to the national marketing fund (a fund that supports all regional partners) neither of which are based on a percentage of your earnings – the more you earn the more you keep.

Business Partnership do recommend that you calculate your approximate living expenses for at least 6 months and add this in to your cash-flow requirements.

The franchise territories are generally two to three counties in size… and work on a business population of around 80k per territory.

As a Business Partnership franchisee, you will enjoy four main income streams:

  • Sales commissions
  • Purchase commissions,
  • Formal valuations and
  • Value Builder and exit planning consultancy.
Your Next Steps…

If you can see yourself as a Business Partnership Regional Partner, the next step is simple, just complete the form and we’ll be in touch shortly.

News / Success stories

Getting ready to celebrate 20 years as a Business Partnership franchisee

Since October 2000 Greg Towers has been a Business Partnership franchisee covering South Yorkshire, North Derbyshire and North Nottinghamshire.  Greg is married to Beverley who works alongside him in the business.

 

What did you do before franchising?

Since leaving school I’ve done a lot of different jobs. I worked at a cycle shop as a sales and workshop manager, was facilities manager for Norwich Union, then a field sales rep for a number of different manufacturing companies.

 

What drew you to franchising and this brand in particular?

I had often thought about the possibility of becoming my own boss but had never hit on that one golden idea that I could run with. I came very close to accepting a different franchise before joining Business Partnership. I’m so glad I didn’t choose the alternative as I’d have been under a lot of pressure, which didn’t appeal to me.

 

What were your first years like?

One I had undergone the initial training, I was out valuing businesses immediately and took my first instruction in my first week of trading. It took me about eight months to bet my territory up and running properly, becoming established in my locality. My wife Beverly joined me after a couple of years and we are equal partners in the business.

 

What is the ongoing support like?

The support network is excellent. There are twice yearly meetings for all franchisees and support is readily available all year round. The senior partners are always there is you need help and if there are any urgent changes in legislation or our systems, webinars are used for additional training.

 

In what way has your life changed?

The benefits of being in Business Partnership are the flexibility, excellent income potential and the opportunity to manage your own business without any undue influence. As long as you are operating legally, ethically and responsibly, you aren’t put under any pressure by the master franchise. You get the fresh air to allow you to grow and thrive, but it will only be as good as you are.

 

Describe a typical day

We sell every type of business from small retail businesses such as sandwich shops, cafes, gift shops and hair salons etc right up to larger concerns worth £1 million or more.  That makes for interesting days and a variety of work. I can be at a business premises in the morning confirming a valuation and negotiating terms on a deal in the afternoon whilst Beverley is responding to enquiries coming in for our current business sales and updating changes to advertising.

 

The best part of the business has to be completing on a sale, not only because we get paid, but because you’ve helped your client achieve their goal too.

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Additional Details

BFA Member: Yes
Part-time: Yes
Home Based: Yes
Finance Available: Yes

Opportunities: Opportunities include, but are not limited to: - Chester - Dundee - Liverpool - Stafford - Stoke-On-Trent - Sunderland - Aberdeenshire - Avon - Cambridgeshire - Cornwall - Cumbria - Devon - Dorset - Durham - East Sussex - East Yorkshire - Edinburgh - Fife - Hampshire - Home Counties - Kent - Lancashire - London - Norfolk - North Yorkshire - Northamptonshire - Northumberland - Scottish Borders - Shropshire - Somerset - Suffolk - Surrey - Teeside - Wiltshire - Wales

Similar Sectors: Services Based Franchises ,

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