Franchise vs. Global Financial Training Program

Many people do not really understand the difference between a Franchise and what the Global Financial Training Program has to offer. There are significant differences between both making one more desirable over the other depending on what you are looking for.

 

Franchises require you to pay the franchisor annual royalties and only allow you to purchase small territories, all while dictating how you run the business.

 

Franchising is seen by many as a simple way to go into business for the first time. With franchising, there is no guarantee of success, and the same principles of good management - such as informed decision-making, hard work, time management, having enough money, and serving your customers well - still apply. In other words, while you own the franchise, you are still required to operate within the franchisor’s rules, requirements and business model—so in some ways, it can feel like owning a glorified JOB rather than having complete control over how you run your business.

 

There are many signs that going into business for yourself may be the right choice for you. Do you want greater flexibility and creativity in your life? Do you want independence? Do you want to leave your current job? Do you want to help others and make a difference? If these are some of the things you are looking for, the Global Financial Training Program is designed for business-minded people who want the opportunity to build and operate a business of their own.

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Business Opportunities Without Territory Restrictions:

Since you can provide financing throughout the country, you are not limited to a specific territory, which is common with many franchises. This gives you the flexibility to develop business locally or nationally based on your individual business goals.​

No Royalties or Franchise Fees:

You pay your tuition to join our program, but there are no ongoing franchise fees or royalties once you complete your training. Because you work directly with your lenders, Global does not take a percentage of the commissions paid to you on successfully funded transactions. Unlike a franchise, you do not share a portion of those commissions with Global.

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Low Investment:

Investing in a franchise business can be very costly. Not only is the franchise cost expensive, but they require you to have additional liquidity in the bank. At Global, your tuition covers the training, tools and resources included in our program to help you establish your own commercial finance company.

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Low Overhead Model:

Owning a franchise has many costs associated with it. You have the cost of purchasing the franchise, covering the cost of a physical location, product costs, marketing costs, and annual royalties back to the franchise. This could be hundreds of thousands of dollars.

​Our training is designed to prepare you to establish and operate your own home-based finance company.

Home Based Business:

In many cases, a franchise requires you to find a brick and mortar location within a certain territory. This can be very costly and this cost is in addition to your franchise fee.

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At Global, we train you to establish a business that can be operated from the comfort of your own home. This can reduce the need for expenses such as office rent, additional office equipment, and staff. With a laptop and phone, you can operate your business from virtually anywhere. While you always have the option to move into an office, many of our graduates choose to continue operating their businesses from home.

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National Reach:

Your lenders lend in all 50 states which allows you to provide loans in all 50 states. While a franchise will keep you confined to a specific territory, you have the ability to do business locally or nationally.

Funding Solutions Are Always Needed:

A franchise can be severely affected by the state of the economy. When the economy is in a downturn many franchises are hard-pressed to come up with the additional funds or are forced to close their doors.

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Regardless of the economic climate, there is a need for business capital. When the economy is thriving, businesses may seek financing to expand, and when the economy is challenging, businesses may need financing to manage expenses and operations. Business owners seek financing for many different reasons, and having access to a wide range of funding solutions allows you to help address a variety of business financing needs.

Turn-Key Program:

Franchises have many layers, and each layer can incur additional costs. These may include the franchise fee, rent or purchase of real estate, supplies, marketing materials, and royalty payments.

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Your tuition includes the core training, tools, and resources we provide to help you establish your own finance company. Your tuition includes a state-of-the-art business website, custom company logo and branding, certain marketing services and materials, forms and applications to communicate with your customers and lenders, 1,000 starter leads to help you begin identifying and reaching prospective clients, ongoing support, and much more.

Lifetime Support:

One of the key components to our program is the lifetime support you will receive. Once the program concludes you will be rolled into the Global Mentorship Program. The person that trains you will become your 1:1 mentor. Your mentor will be able to assist you in many things such as transaction review, closing deals, advice, guidance, and continued education. All of this support is with no additional fee.

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Many franchises will not be available for support after the initial training and after a length of time will charge you for the support.

 

The Global Financial Training Program provides you with training and tools designed to help you establish your own finance company. There are no ongoing fees, no profit sharing, and no one to dictate how you will run your business. You are truly in a business of your own and have the flexibility to make your own business decisions. With all of the information supplied on our website, you can learn about the different aspects of our business model and, as a business owner, decide who, what, when, where, why, and how you will operate and grow your business.

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