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Updated RecentlyFirst Choice Business Brokers vs Office Evolution Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of First Choice Business Brokers vs Office Evolution including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $61,850 - $89,750 | $60,825 - $1,485,150 |
| Franchise Fee | $45,000 | $45,000 |
| Royalty Fee | 10% - 7% | 7.5% |
| Advertising Fee | $250/mo. | 3% |
| Year Founded | 1993 | 2003 |
| Year Franchised | 2006 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours |
| Support | - | Office Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About First Choice Business Brokers
DON'T BUY A JOB -
GET A LIFESTYLE THAT YOUR FRIENDS WOULD DIE FOR -
Why get stuck working some business day-in, day-out without the ability to ever be free -
With your own First Choice Business Broker franchise, you have the potential to build your business into a passive income stream, giving you a life! And let's face it, isn't that what it's ALL about?
As a Business Broker you will assist business owners to sell their business by matching them with a buyer. You will also build a team of ‘Agents' that will do this for you and leverage your efforts.
IT'S POINTLESS OWNING A SUCCESSFUL BUSINESS, IF YOU DON'T HAVE A LIFE.
This is a business with low overhead, which is easy for you to get started in. It allows you to leverage your time and money through "Agents" that do the work for you. You can have these agents working for you on commission ONLY and THEY do their own marketing and close their own deals (much like in real estate). This is one of the few opportunities whereby the system is designed from the ground-up for you to build a sizeable organization and a passive income, while keeping overheads to a minimum.
This could be the last business you will ever need to start!
BECOME PART OF THE ELITE IN YOUR COMMUNITY -
Being a First Choice Business Broker will have you working with the elite level of business owners in your area. This is an executive franchise system that will allow you be a part of an elite group in your community.
SYSTEMS -
First Choice has created a business system that is second to none in the industry. We have very detailed systems on every aspect of business brokering - built from having listed almost $3 billion dollars of businesses over 13 years.
MARKETING -
It's pointless having a great system unless you are able to get the business! You will have, at your fingertips, proven marketing strategies to grow your business regardless of the economy or external factors.
TRAINING -
You will receive comprehensive training designed to take you from knowing nothing about the business. In fact our training is designed to take you from "0 to 60" in the shortest time possible. With five very full days of training at our corporate offices, to constant follow-up, 24/7 support line help and ongoing coaching - your training will be world-class and second to none!
BUSINESS BROKERING GETTING READY TO BOOM...
This is the most exciting time and opportunity for business brokerage. More than 2,000,000 businesses are sold each year and the Business Broker industry is expected to double over the next 3 years. With the baby boomers moving into retirement, corporate downsizing, and the affordability of starting a small business constantly dropping - creates massive demand for business sales. It's time for you to become part of this in-demand industry by joining the First Choice Team...
BE YOUR OWN BOSS AND ENJOY THE LIFESTYLE OTHERS ONLY DREAM ABOUT..
If you have the drive to succeed, want to help people, and are a leader, owning a First Choice Business Broker franchise may be the perfect opportunity to create an amazing lifestyle for you and your family. You have nothing to lose and everything to gain by looking closely at this amazing opportunity.
About Office Evolution
More and more people are seeking self-employment as an alternative to a possibly fickle and often frustrating corporate reality. Self-employment rates have been growing at an average of 4.5 percent annually most of this decade, adding roughly 1 million people per year, and across the country, enrollment in entrepreneurship programs at universities is booming, according to a recent Entreprenuer.com article by Jason Daley. With the advent of mobile computing and cloud technology, the opportunities for entrepreneurs are exploding. They no longer need an office, staff and equipment to get started in business and the cost of entry can be very low.