Business is a tricky thing… you really have to marry your business if you want it to thrive.
But would you spend the last of your money on starting a franchise business? And would you do it during a recession?
That is what one of All County’s Franchisees did right after the housing crash in 2008.
Not just anyone is allowed to buy a franchise…
Applicants are screened and evaluated by the corporate office to decide if the individual would be a good fit for the business.
The application process can take 30 to 60 days and requires you to fill out multiple forms and have in-person interviews before you are even given the opportunity to invest in the franchise.
For All County Franchise this process is pretty extensive in order to ensure that franchises are only awarded to those with the greatest potential to succeed… and not everyone makes the cut.
This is what almost happened to one of All County’s franchisees…
The All County corporate office was worried whether or not they would be able to support this individual… but with some hesitation they eventually rewarded him with a franchise.
And it’s a good thing they did because this individual turned out to be one of the best performing offices out of all of the offices nation-wide.
Watch the video with All County’s CEO Sandy Ferrera to hear her tell the entire story.
Watch the video and check out its transcript below.
And if you want to know more about the All County Franchise Opportunity then I encourage you to download the All County Brochure. It is a good place to start.
Want to get notified the next time we upload videos like the one above? It’s easy, simply subscribe to our YouTube channel.
Video Transcript:
Sandy Ferrera:
Let’s see. So we had this other individual that came through because we do a meet-the-team day, and it’s really important at a meet-the-team day to get to know the individuals that you’re working with because if we can’t support you we’re probably not a good fit. And this individual came through at meet-the-team day and it was like, “Oh my gosh, I don’t think we can support this guy.” And Scott, my husband, was the same way, he was like, “I just don’t think this is going to work.” Now, this individual really wanted to do this so we said, “Well, come back, bring your wife.” So he brings his wife and she is absolutely delightful, I mean just amazing, and they’re like night and day and we loved her. And it was amazing that together how grounded they both were, and that was our concern with him, is that he didn’t have enough grounding to see it through. Fortunately for us, we went ahead and awarded them a franchise and it’s a good thing because, well, they were one of our top-grossing offices for a number of years.
What can you expect from the franchise lifestyle?
Well it really depends on what kind of lifestyle you want.
If you are stuck in corporate America working for the man, then you probably want the flexibility to spend more time with your friends and family.
Lots of franchise owners get into the business for reasons similar to this, and if this is something you are interested then I encourage you to watch the video below.
Would marketing be easier in a Franchise Business?
Quite possibly.
In this interview with the CEO of All County Franchise, Sandy Ferrera talks about how paramount marketing is to any business, and how All County supports and facilitates lead generation for its franchisees.
Watch the video and check out its transcript below.
And if you want to know more about the All County Franchise Opportunity then I encourage you to download the All County Brochure. It is a good place to start.
Want to get notified the next time we upload videos like the one above? It’s easy, simply subscribe to our YouTube channel.
Video Transcript:
Sandy Ferrera:
Marketing is one of those facets that is paramount to the growth of your business. You can’t grow if you’re not marketing. And yet we find that probably the hardest thing for any franchisee, I don’t care if you’re looking at accounting, if you’re looking at Mitas or you’re looking at Jimmy John’s, is the franchisees tend to struggle with the marketing aspect. It’s second nature, we want to work on the business, we don’t want to go out and capture new business.
So as a franchiser we do a lot of things in-house to help support and facilitate that lead generation for our franchisees. We don’t want to assume all of it, we still want our franchisees to go out there and make connections and get referrals and help build their business, but we also know that we don’t want them to walk alone. We want to make sure that they do have these leads coming in, and so we have a multi-faceted marketing program that we spur on from our home office to help them grow their business.
Is an All County Franchise a good investment for Real Estate Investor?
It is hard to give you a straight ‘yes’ or ‘no’, but if you understand the business model of property management I think you may start to lean more towards ‘yes!’.
If you own your own rental properties then you know the benefits of having an asset that makes money for you in the background.
The problem is that anybody can manage 10 rental properties, but once you get past 10 – well managing 100 gets a little bit more difficult.
But then you get into doing property management as a business and you say, “Okay, if I manage a 100 rental properties I can get X. I don’t have the real estate taxes, I don’t have the insurance. I don’t have the maintenance and upkeep. Now, if I manage a 1,000 of those properties my X becomes an XYZ, it’s a grand slam.”
"The team at All County is not only knowledgeable, but they are always accessible, responsive and they truly partner with us to ensure our success!"
Socrate and Cassandra Exantus
Franchise Owners
