Belvoir Group Franchise Questions

We’re a very well known, well supported brand but look behind what you see on the surface. What’s important for your future is how you are supported (with regulation, marketing, licensing etc).

The Belvoir Group has all of the tools needed to operate in the property sector: good finance, good management, good support, honest endeavor to get the business done. And our franchise model is proven to be successful.

We believe our brand is supported by the best management team and our ambition is better than anybody else in our sector.

Franchising is very process driven. We have a proven method and we call it the Belvoir Method.

As this process has been proven to work across hundreds of businesses, we’d expect you to follow the process to get the best outcome.

Business development managers (often known as BDMs) are paid to help you grow your business. You’ll

Their job is to visit franchisees, ask them how they’re doing & what they’re doing it and suggest ways they can grow and improve.

You’ll have a dedicated business development manager who will help you in the business & who will attend all regional meetings & provide support & feedback.

We offer 42 different training modules for different pieces of and roles within the business. For example, in a lettings or estate agency business, there are valuers, lettings managers, viewers, office managers etc. We offer in-person training & via video-conferencing.

We don’t do ‘cold starts’ in the group, meaning that franchisees are encouraged to start with a business that is already running (that we will help them identify & acquire). The amount of capital you will require will be proportional to the cost of the business.

We do have excellent relationships with all national lenders (high-street banks, secondary lenders, challenger banks etc) & banks are pleased to work with people who are buying a franchise rather than buying & starting a business as franchisees will be using a successful model & will have a wide range of business support from us.

Within the brand you select, none.

We do have a number of brands but each have their own support team & particular area of focus.

With over 300 offices, our strength is in the depth of knowledge our franchisees have. We have a system of regular meetings with franchisees to enable them to share ideas. Many of our franchisees love working together & swapping ideas.

Your territory is formed by use of demographics to build up the right number and the right model of people and properties so that you should be successful.

No other franchise of the same brand can operate.

You have exclusivity.

After you sign up the franchise agreement, it’s our duty to provide a range of services to make sure that to the best of our ability, you’re a successful franchisee. Those range from marketing to IT to acquisitions.

All of those support processes are in place, and then our support services keep behind you for the whole term of your franchise.

They’ll offer you a service. It is a paid service, but it is that they’ll do your marketing for you remotely so they have an A to Z of marketing that you couldn’t buy easily anywhere else.

You won’t be surprised to hear that the biggest one is acquisitions, and obviously there are territories that come up for sale from time to time, and they could be adjacent to your territory.

Generally our model at the moment, we set somebody up in a franchise with a going concern business, so the likelihood of the premises will already be there.

We’ve already gone through the process of proving it’s a wise thing to do or not.

We could say the success rate of the Belvoir franchise group has been very, very good, and you could count on one hand the failures, usually for reasons that are completely understandable.

The Belvoir business has achieved 26 consecutive years of annual profit growth. Risks revolve around adhering to compliance standards, which is a central mantra.

One of the main ways in which a franchisee can grow is by buying the competition organically. You might get another landlord a week or two or three.

I would be prepared to say that people who join our franchise and follow our model and the advice and use the advice and support we have, are more likely to be profitable than those that don’t.

Getting into franchising with us now is different from how it was previously. Many of our businesses used to start with what we call “cold starts,” which involved opening up an office with no client base and building it up from there. However, the success rate with these businesses is now much more solid by buying one of our resale businesses.

The first port of call would be to ask ourselves because we can guide you to reliable funders that no franchise business is because they are a bit different.

Ideally, straight away. You know, that’s the aim. When we are looking at both acquisitions and the resale of our franchise businesses, what we want is for the people buying them to have a business that will also generate income for them.

There’s a lot of competition out there that’s already established that you would have to overcome. You’d have to get your brand out there, try to sell yourself to gain market share and growth. Again, with a franchise, we’re lessening that risk. There’s never going to be no risk, but we’re going to lessen that risk by already having an established business and brand, as well as providing a lot of support to help you as a new person entering the world increase your chances of success.

Growth is the key part of any business. The quickest way to grow a business is to buy a competitor, the agent down the road, that already has a market share and a portfolio that you can just add into your current business.

Yes.

We prefer for you to be familiar with the processes & methodology of the business first but actively support franchisees that are looking to grow into other territories or by acquisition.