I have found the support and use of a trusted brand has helped me open doors and give me access to resources that I wouldn't otherwise have had. I have found the business partners of the network very useful as they have also passed me a number of leads but also enable me to offer added value to my clients.
It's great to be able to pool ideas with other franchisees and to collectively share costs for things such as local marketing.
We caught up with Tom Cowley, The Financial Management Centre’s Wirral franchisee, to see how his time at The Financial Management Centre has been and if he can share his experience of the franchise.
The support we receive from Stuart and the team is second to none and I couldn't have grown my business without their support and advice.
'Within two years I would like to be top service provider and to triple the size of the company. Within one year to be free from debt. It is also important for me to be a respected employer. An enormous retirement pot would also be nice!'
Running any business is hard work but being part of the TFMC network means you are not on your own. As I have taken on more clients and developed my business I have been able to take on staff to help me as well as having the support of the other franchisees and Franchisor. I wouldn't change my original decision to join The Financial Management and if you decide to join I am sure you will feel the same five years later.
Being part of a franchise means you get a flying start with the business. You are buying into a known brand that is already established. You don't have to build something from the ground up, which why so many start-up companies fail in their first few years of conception. They have the problem of making enough money to survive whilst looking for new customers all the time. It's a question of manpower in many instances. With The Financial Management Centre you are supplied with contacts as part of the franchise. It means you already have one foot on the ladder to making it a success.
At The Financial Management Centre we work with businesses of all shapes and sizes including start-ups. Do you hold tax qualifications? Or maybe you have suitably qualified staff? If so running your own business with TFMC could be the challenge you have been looking for.