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following are some of the most commonly asked questions |
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- What are the benefits
I get when I buy a franchise?
- How much does a franchise
cost?
- When do we pay the franchise
fee?
- Do you offer financing?
- How hard is it to get
approved to buy a franchise?
- Can we operate out of our
home office?
- Do I have to work in the
business myself?
- How can I learn more about
American Business Brokers?
- How do I get a list of offices
to call?
- How much money can I expect
to make by owning a franchise office?
- How much do we charge sellers
to sell their business?
- Why shouldnt I just open
my own business broker company?
- How does American Business
Brokers compare to other franchises?
- Are you looking for small
or big offices?
- Im afraid someone else will
get the area I want first. What can I do?
- Do I have to attend training
before I can open an office?
- What is the next step?
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What are the benefits I get when I buy a franchise? |
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Some of the benefits include:
- The right to use our federally
trademarked name, American Business Brokers. Our name
has proven extremely effective in attracting Buyers
and Sellers of businesses.
- The opportunity
to attend our training class where we will take you
step-by-step through everything from how to set up and
organize your office in order to handle a high volume
of business to how, when, and where, to direct your
marketing of American Business Brokers. You will also
learn how to recruit and compensate agents, how to determine
the programs you will offer and the fees to charge
- American Business Brokers has an unique system of
taking care of practically all of the backend and tedious
work involved in the running of a business brokerage
office. After you have acquired a listing you will only
need to put into the system one time and we take are
of the rest. All you do is what you got into the business
for. To list & sell.
- On-going support
-- just a toll-free phone call away. You have direct
unlimited access to experienced support personnel. You
need to be able to talk to people who have real life
experience in the business brokerage world, not franchise
sales people.
- Unlimited access
to our exclusive franchisee only online resource center.
- and much, much
more...
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The franchise fee is only $25,000 |
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When do we pay the franchise fee? |
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After we have approved your application and worked out
your territory, we will prepare a completed franchise agreement.
You pay the $15,000 when you sign and return the franchise
agreement. |
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Do you offer financing? |
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Sorry, no financing. It is important to us that all franchise
owners have adequate capital to purchase and operate the
franchise. If you need to borrow the franchise fee, chances
are you are under capitalized. |
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How hard is it to get approved to buy a franchise? |
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Not hard. You need to be financially stable. Generally
this means that you have the funds necessary to buy the
franchise, equip an office, invest in start-up advertising,
and cover operating costs as well as your personal expenses
for the first few months. The amount varies from market
to market. You dont need to be rich to buy a franchise,
but as with any business, you need to have adequate funds
to get the business started and give it time to grow. |
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Can we operate out of our home office? |
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Yes. We do not require that you have a professional office
location. The requirements are minimal. Many find an "executive
suite" set up works best when just starting out. Again,
we will help you determine the best plan based on your projected
growth rate. |
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Do I have to work in the business myself? |
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Yes, we do prefer owners work in building their business.
This is most important the first few years. |
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How can I learn more about American
Business Brokers? |
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Most of our prospective franchises have found that the
best approach is to talk with our existing franchise owners
or company offices. These owners are people who, at one
time faced the same decision you are facing. Keep in mind
that they have nothing to gain by misleading you. They are
free to speak openly about their business. They, of course,
will not share trade secrets or confidential information.
A good question to ask might be, "If you had it to
do over again, would you make the same decision?" |
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How do I get a list of offices to call? |
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We dont provide a hand selected list. We invite you
to visit our web site www.americanbusinessbrokers.com
and to call any office. |
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How much money can I expect to make by owning a
franchise office? |
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We are not allowed to make representations on how much
business you might expect to do or how much money you can
make. Even if we could, we wouldnt. There are too many
factors that differ from market to market. You can call
our franchise owners and ask them general questions. Since
they are not trying to sell you a franchise, and we dont
pay them to talk to you, they can speak freely. |
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How much do we charge sellers to sell businesses? |
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Each office independently sets their fees. We, of course,
offer you guidance in determining a pricing structure that
fits your local marke |
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Why shouldnt I just open my own business broker
company? |
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Certainly, this is the first thought just about everyone
has. The concept on the surface seems simple enough. You
need to ask yourself how much will it cost in time and money
while trying to figure out how to make it work. Compare
this with our low franchise fee and reasonable royalty.
One mistake could easily cost more than the cost of a franchise.
Why re-invent the wheel? We have over a 6-year head start,
and we offer you the benefit of not only our experiences
(both successful and not), but also the experiences of all
our franchise owners around the country. The sharing of
information between all offices is very valuable. You will
learn what works, and more importantly, what doesnt. In
addition, we are constantly changing and improving our systems.
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How does American Business Brokers compare to other
franchises? |
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Most other franchises offer the same old traditional concepts
as far as the public is concerned. They just have different
names and are very stringent in how a franchisee operates
their office. The American Business Brokers concept is different
in the fact that we encourage our franchises to have a second
income when first beginning and allowing them to operate
from a home office if they want in order to keep their operating
costs low and enhancing their success. |
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Are you looking for small or big offices? |
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Both. Approximately half of the business brokers of toady
are sole practitioners. The choice is up to you. Some business
brokers prefer to work alone and others want to be more
involved in management and grow their business through agents. |
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Im afraid someone else will get the area I want
first. What can I do? |
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Move fast! Seriously, while there are many great areas
still available, they are going quickly. Once your application
is approved, we will have the franchise agreement prepared.
You can sign the agreement and send your check. You have
three months to attend training and open the business. |
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Do I have to attend training before I can open an
office? |
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Yes. Our training program is very comprehensive. |
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What is the next step? |
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Submit your application to begin the process of becoming
an American Business Brokers franchisee. We look forward
to answering your questions about one of the most exciting
careers available. |
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| The list of questions could go on and
on so Ill stop here for now. Hopefully we anticipated
and answered most of your questions. If you have others,
just give us a call at 1-888-800-6898 or email us at franchiseinfo@americanbusinessbrokers.com.
You can also visit our web site at www.americanbusinessbrokers.com.
We are very excited about your interest in joining AMERICAN
BUSINESS BROKERS. Our growth at American Business
Brokers is exploding nationwide, yet there are still many
choice territories available. We are adding new offices
every month. If you do have a strong interest, we encourage
you to act promptly. Let us know what we can do to help
you make this important decision.
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American Business Brokers
Business Brokers - Mergers & Acquisitions
Businesses for Sale - Business Consulting
Franchise Opportunities - Business Valuations
Phone: 888-800-6898 Fax: 305-574-0173
Email: info@AmericanBusinessBrokers.com
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by onlinedesignFLA / IOT -
Web Solutions For Business Brokers
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