A financial business officer teaches first-time franchisers about the industry that they are entering and helps them decide what business opportunities to take. His or her services include franchise consulting, franchise comparisons, industry trend analysis, pre-purchase and reference checklists, accounting and financial advice, demographic analysis, real estate assistance, franchise system reviews, legal reviews and advice and sustaining support. The officers also facilitate business start-up loans, franchise business acquisition financing, commercial real estate financing, construction financing, equipment financing and retirement fund rollovers for startup businesses.
Helping others get the right business opportunity is a reward in itself- knowing that you are helping fulfill dreams and generating jobs. If you are adept at understanding business financing, you may want to consider setting up your own financial business franchise. Not only will you tap into a multi-billion dollar industry of assisting startups and franchisees, but you will also do yourself a favor by becoming your own boss. What’s great about a business like this is that you do not need to establish a reputation before gaining clients? Your franchise’s name will speak for you, and you will get the clients you need.