NAKED MAN streaks through office
The chances are that there are a number of articles in this magazine that you may have simply flicked past merely glancing at their content, but here you are reading this one...probably because the headline caught your attention. If you are considering investing in a business then that business needs to be different and stand out from the competition. The Northwood business model is just that: different, as is evidenced by Wokingham franchisee Nick Harris.
Nick Harris opened his Northwood franchise in Wokingham on June 1st 2004 having left a career in corporate life. He chose Northwood because it was different and stood out amongst all the other property related franchises. Nick explains: 'Most letting agents charge a commission, usually between 10% and 15% making them on average around 12.5% of the rent they have collected. With Northwood's Platinum Scheme I am currently producing gross margins in excess of 37% so after paying my monthly royalty fee I am still left with a margin a little over 33%.
'When one couples the huge margins on the lettings business with the income derived from the other products offered by Northwood, such as estate agency, insurance and mortgage sales, and then take into account the quality and professionalism of their marketing literature and their strong corporate branding, it's obvious why Northwood's franchise opportunity stands head and shoulders above all the other property related franchise opportunities.'
Nick divulges some figures: 'In August 2007 our gross profit was such that our average income per property was a staggering £320 per month!' Apart from having a USP, Northwood's complete range of services enables franchisees to grow their businesses much faster than those franchises that only offer a single product. Northwood has over 50 offices open nationwide with a further 13 already at various stages of opening so you can see that its target of 100 within the next 4 or 5 years is very achievable.
Nick also compliments the great team at the Northwood franchise office who organised all the equipment for the turnkey opening, which left him and his team free to concentrate on the comprehensive 6 weeks' training programme with two full time in-house trainers in Northwood's bespoke training suite. Asked if he has any regrets about investing in Northwood, Nick replies: 'Yes, but only one: I wish I had invested in Northwood sooner!'
SEEKING THE ULTIMATE TURNKEY WHITE-COLLAR BUSINESS OFFERING...
• THREE FRANCHISES IN ONE
• COMPETITIVE ADVANTAGE
• LARGE FRANCHISE TERRITORY
• EXCELLENT INCOME POTENTIAL
• FULL TURNKEY OFFICE-BASED BUSINESS
• PROFESSIONAL WORKING ENVIRONMENT
• SENSIBLE WORKING HOURS
• AN EVER-GROWING MARKET
• SIX WEEK TRAINING COURSE
• FULLY INTEGRATED SOFTWARE
• UNLIMITED SUPPORT
THIS BUSINESS COULD BE YOURS WITH THE NORTHWOOD OPPORTUNITY...
Tel: 02380 336677