Starting your own business can be very daunting. Our insurance client will try and make your life easier when starting your own franchise. They will give you the necessary backup and support to get the business off the ground by working with the Franchise Principal to do a feasibility analysis and prepare a business plan. The sort of person who makes an ideal Franchise Principal is someone with financial planning experience and who would like to build a business linked to their personal brand. In building and growing your own business you will need recruitment experience as well as experience in managing and motivating a sales force. THE BENEFITS OF BEING A FRANCHISE PRINCIPAL Entrepreneurial independence. The opportunity to operate under the companys FSP License. Exposure to an excellent service fee structure. Premium increases which attract monthly service fees. A transparent contract. Access to industry expertise. The Franchise Agent receives payment from the company directly. Comprehensive business support. Compliance provided by the company at no cost to the Franchise. Ongoing training for the Franchise. The reputational support of a leading brand. Competitive product range. Have a minimum of 5 years of financial planning experience. The ability to lead a team of advisors. Passionate, energetic, and motivating Business acumen. The ability to grow and develop people. A strong network and recruitment skills. Ideal candidate must have the folowing: RE1/RE5 NQL 5 DOFA COB in long term
