Franchise Setup

2 What is a Franchise? A franchise is a business model that includes an individual investing into an established brand. In return, the individual enjoys being their own boss whilst being able to use the business model and trademarking of the associated brand.

3 Known Franchises

4 Property Franchise Group

5 Holding Company

6 Trading Name

7 Big enough to matter, small enough to care Almost 300 local offices and growing – we stretch from Dover to Aberdeen, Ipswich to Belfast, with over 20 offices inside the M25 All our offices are locally owned and managed which means local market knowledge allied to national class service For landlords with multiple properties we can co-ordinate all your letting and property management needs

8 Franchise Advantage National Branding Ongoing Support and Training HR and Legal Advice Access to Group Discounts Conferences and AGM’s Shared Best Practice Mentoring Forums

9 Management Fees Elements of Control Financial Suppliers National Accounts Control over National Marketing Rebranding Change in Direction or Focus of Franchisor Franchise Disadvantage

10 All employees are employed by Taylor Made Property Management Martin & Co are the only customer of Taylor Made Property Management Business is done under the Martin & Co trading name 2 Separate Bank Accounts Client Account Trading Account How do the ‘Businesses’ Work Together?

11 ‘The Boss’ Deciding on Direction ‘Head Honcho’ Pricing Structure Networking and Business Development Finances and Accounting ‘Big Cheese’ Reporting to Franchisor Management of Staff What’s my Role?

12 Management Fees Tenant and Landlord Fees Sales Commission Insurance Commission Other Income Streams How do we make Money?

Question Time