Franchise vs. Global
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, you are purchasing a glorified JOB and there is no guarantee that your investment will generate healthy returns and a capital gain when you wish to sell.
There are many tell-tale signs that would indicate that going into business for yourself is the way to go. Do you need flexibility and creativity in your life? Do you want Independence? Do you want to make a lot of money? Do you want to quit your day job? Do you want to help others and make a difference? If you answered “Yes” to these questions, we have the solution for you. The Global Financial Training Program is geared more for business people who want to do things their own way.
Unlimited Income Possibilities:
Since you can provide loans all over the country, you are not limited to a territory which is the norm with a franchise. This puts you in the position to earn as much money or as little money as you want.
No Royalties or Franchise Fees:
You will pay your tuition to join our program but there are no ongoing fees once you conclude your training. Since you are dealing with your lenders directly you are keeping 100% of your profits which is not the case with a franchise. Franchises require you to share a percentage of your profits after you make the initial investment. At Global, this is NOT the case.
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, all you need to start your own commercial finance company is the tuition fee.
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 low-cost training will allow you to run your own home-based finance company. Included in the cost of the program is the four-day training, immediate approval with over 30 lenders, full marketing training, and lifetime support.
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.
At Global, we train you to go into a business that you can be run from the comfort of your own home. This alleviates the need to spend money on rent, office equipment, and staff. All you really need is your laptop and a phone. This allows you to work from virtually anywhere. While you always have the option to move into an office, many of our graduates opt to stay in their home offices and pocketing their commissions.
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.
Regardless of the economic temperature, there is always a need for capital. When the economy is thriving businesses need to expand and when the economy is suffering businesses need to pay their rents, employees, etc. The great thing about our business model is that it is recession-proof. No matter how great or poor the economy is, business owners will always need capital. Not only will your services be in high demand but you will have more funding solutions then your local bank. This will allow your business to grow regardless of what is going on.
Franchises have many layers and each layer incurs additional fees. There is the franchise cost, the rent or purchase of the real estate, supplies, marketing materials, and royalty payments.
Everything you need to own your own finance company is included in your tuition. Your tuition cost is used to build you a state-of-the-art business website, custom company logo for branding, certain aspects of marketing and marketing materials, forms, and applications to communicate between your customer and lenders leads for your business and ongoing support and much more.
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.
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 all of the tools needed to own 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 in control of your destiny. There will never be the fear that if you don’t meet certain requirements, that you will be out of business. With all of the information supplied on our website, you will learn all the different aspects of our business model and as a business owner, you will decide who, what, when, where, why, and how you will take your business to the next levels.