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Below is an in-depth analysis and side-by-side comparison of Empire Business Brokers vs SureProsper including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,000 - $30,000 | $63,600 - $79,000 |
Franchise Fee | $24,900 | $35,000 |
Royalty Fee | $400/month or 5% | 10% |
Advertising Fee | $100/month or 1% | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | At EMPIRE Business Brokers we have defined very clear policies in order to award Franchises and maximize the possibilities for success of an EMPIRE Office.
We actively seek people and offices with the following characteristics:
FRANCHISEE PROFILE
The profile of the Franchisee / Operator that has been established for EMPIRE Business Brokers is as follows:
| Ideal franchise candidate will be an accountant or CPA. Non- accountants with advanced degrees and certifications (i.e. CFP, MBA, Enrolled Agent) will be given strong consideration. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Our Comprehensive 5 day (5 FULL DAYS!) Training Program is designed to make you a successful business broker right from the first day you open. Here are some of the subjects we cover: * Appraising the fair market value of a business. * Establishing the price. * Procuring buyers and sellers. * The techniques of successfully selling a business. * Preparation of purchase contracts. * Escrow procedures. * Advertising businesses for sale. * Evaluating financial statements. * How to set up and operate your own office. * The psychology of successful business brokerage. * Hiring and Training a salesperson. * Office policies and procedures. * Applicable accounting principals. * Legal techniques and relevant terminology. * Understanding and using the appropriate forms. Advertising - general, marketing, newspaper, magazines. * and much more! Our training facility is located in our Corporate Headquarters in Buffalo, N.Y. We do have an optional training program that we will conduct in your home city for an additional fee to help defray our travel costs. EMPIRE Business Brokers will train new agents from your office as your office continues to prosper and grow. This training is provided free of charge at our Buffalo Headquarters. You will continue to sharpen your skills by consulting with our highly trained staff. Our annual National Convention provides additional training through seminars & lectures. | franchisees will receive 7 days of training at corporate headquarters. |
Support | Through or web site: * Generation of potential Buyers and Sellers leads for each EMPIRE office. * Promotion of the listings of a franchised Office with the entire EMPIRE network. * Communication to the entire EMPIRE network of new listings. * Lists of authorized service providers. * Calendar of events. * Electronic chalkboard for communication within Offices. * Access to advertising and public relations material. * Information of events and statistics generated by the EMPIRE network. * Access to informative and promotional materials of listed franchises. Additionally we carry out other activities that are standard to any Franchising System such as: * Pre-opening program. * Continuous operative assistance. * Personnel training and updates on the system. * Development and updating of Operative Manuals. * Development and updating of Corporate Image. * Operative and administrative innovations. * Creation and development of marketing and advertising activities. * Production and broadcasting of press releases. * Creation and operation of promotional seminars. * Counseling and supervision visits to offices. * Organization of Franchising conventions. * Legal assistance. * Financial assistance. With all these services, EMPIRE supplies its franchise network with all the necessary tools to generate business, operate efficiently and continue to be the undisputed leader in the business brokerage sector. | - |
Marketing | EMPIRE Business Brokers is a franchising corporation specialized in Business Brokerage, whose main objective is to provide services that translate into tangible benefits for the investment initiatives, expansion strategies and financing of projects of Buyers, Sellers, Investors, Entrepreneurs and Franchises. EMPIRE Business Brokers has a varied array of materials that assist its Franchisees in establishing a rapid presence in their markets, and increase sales every month. Some of these are: * Website with auto-editable solutions to incorporate and edit listings of businesses and franchises. * Designs for Newspaper Ads. * Brochures. * Materials for Seminars. * Press Releases. * Telemarketing scripts. * E-mail marketing scripts. * Designs for promotional stands. * Business cards and stationary formats. Additionally, EMPIRE continuously carries out marketing activities in order to increase its business listings, franchises and buyers. Some of these activities are: * Registry of the businesses we handle in our web site. * Promotion of our web site in the most important search engines. * Ads in local Newspapers. * Ads in Specialized Magazines. * Participation in Franchise Fairs. * Creation and broadcasting of electronic bulletins to our data base. * Telemarketing. * Seminars specializing in Business Brokerage and Franchising. * Participation in Entrepreneurial Chambers and Associations. * Public Relations activities with the media. * Individual presentations to buyers, business owners and franchises in our offices. As if this wasn't enough, the EMPIRE Offices have the backing of a worldwide network of Brokers, with which they continuously exchange buyers, business and franchise prospects. | Social Media (Meetup.com, LinkedIn.com, etc.) Business Seminars Direct Mail Company website Internet pay-per-click Newsletters Brochures Networking Events Professional Printed Materials Media Advertising |
Operations | - | Franchise can be started part-time and home-based. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
America's Small Business Success Experts.
*Fewer evaluations. More business. Guaranteed!
*Service Offerings (Profit Centers)
Bookkeeping QuickBooks Training/Support Payroll Processing Tax Preparation Strategic Tax Planning/Tax Advice Personal Financial Planning Business Formations Business Valuations Business Entity Analysis General Business Counseling New Business Advisor Business Planning Marketing Consulting Target Market Franchisees will target and consider free organizations from start-up to $2 million a year in yearly arrangements. This measurement makes up 95% of all associations in America. Any person who guarantees a private wander is a pending client. Industry Focus Retail Automotive Manufacturing and Distribution Construction Healthcare Real Estate Professional Services Non-Profit Insurance Restaurant Music and Entertainment Agriculture Individuals Many Other Industries Marketing Strategy Our most essential assets are our irrelevant, trademarked authorized development, which consolidates our business name, proverb, logo, and vanity toll free phone number. Private endeavors, clients and prospects alike, will have the ability to connect with our picture on an energetic level.
In association with fighting specialists, SureProsper, America's Small Business Success Experts - franchisees will offer common, regard added organizations to their clients, giving them a high ground over other authority associations with useless advantage offerings. Franchisees will fill in as more than evaluation counselors to clients, however will twofold as business specialists who can help their clients build up their associations. Our Unique Selling Proposition is that we help our clients (1) limit their evaluation liabilities, (2) increase their business advantages, and (3) support their own wealth. These destinations are capable through a wide bunch of master obligation, financial, and business guiding organizations. This advancing strategy will be the foundation of our publicizing plan, and will be granted at every open entryway in the midst of the displaying system. In like manner key to our displaying accomplishment are our trademark, motto, logo, and vanity toll free phone number, all of which consider stamped partition.