How to Become a Franchisee with The Financial Management Centre Back
At The Financial Management Centre (TFMC), we're seeking out service orientated, driven individuals to take their careers to the next level and invest in a TFMC franchise of their own. If you have a recognised accountancy qualification and/or 6 years experience in the industry, with a desire to run your own business and the ability to manage people, this could be the next move for you.
Franchising is a brilliant option for those who want the responsibilities of running their own business, minus a large percentage of the risk. Here’s how you can become a part of TFMC and take advantage of all we have to offer.
You’ll need to make sure there is franchising opportunities available in your area. We have plenty of availability nationwide that we’ve hand picked, so you shouldn’t struggle finding somewhere to being opperating! You can find a list of all the locations available for you to start your franchise here.
The initial, one-off payment you will make is £15,000. With this, you will receive all the necessary training to help you start your business. Once this payment has been made, you will be a TMFC franchisee for 5 years, with the option to extend that by a further 5 years free of charge should you wish.
There is a 10% management service fee paid on all gross sales made and a minimum monthly fee of £200 for the rights to use TFMC brand identity and for all the ongoing training and support you will receive.
Finally, there is a small fee to fund the marketing activities surrounding your franchise. This is 2% of all gross sales, with a monthly minimum payment of £50.
Your investment gives you access to a range of accounting systems, services, support and training; something that can be incredibly expensive and not always accessible if you were starting on your own.
Training is a vital part of becoming a franchisee at TFMC, as we have a fantastic reputation to upkeep. This is why we make sure you are provided with all the training you require to deliver your customers with the best service possible.
When you start, you’ll receive a week long, in-depth training course designed to help you gain a better understanding of the business as a whole. Following this, you’ll receive weeks of comprehensive training, specific to your requirements. We base our training around 3 core areas;
- services and tools used in the franchise
- marketing and branding
- sales and networking
Investment in a TFMC franchise is a fantastic opportunity as you also invest in a vast network of likeminded individuals, professionals and experts who you are able to learn and grow from. We feature a number of guest speakers as a part of the training you will receive, so you are able to utilize the knowledge they’ve gained from their experiences, successes and mistakes to help take your business from strength to strength.