When looking to launch a business you essentially have two options: start your own from scratch or license an established brand and become a franchisee. If you’re looking for the freedom of entrepreneurship coupled with the resources of a larger company, consider investing in a franchise.
So, what exactly is a franchise? According to Entrepreneur, “A franchise is a continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees).” More businesses than you may realize are actually individually owned and operated franchises, as there are over 825,000 franchise business ideas for investors to consider.
Many entrepreneurs across the nation are quickly realizing and leveraging the benefits that come with franchisee status. Opening can be quick and efficient, as established channels are already in place. A network is built right in, consisting of various other franchise owners and the franchisor itself. Entrepreneurs also experience a unique level of support, as marketing, training and other operational roadblocks are often handled by the franchisor. The franchise model is truly unique in that it offers all the benefits of entrepreneurship in a lower risk, higher reward environment.
Motto Franchising, LLC, sold as Motto Mortgage franchises has taken the franchise benefits and concept above to create the first national network of mortgage brokerage franchises. Motto Franchising, LLC currently has over 100 franchises sold, and more than 70offices open in 30 states. Each of our offices are independently owned and operated which means you have the freedom to run your business, on your terms. Motto Mortgage, a “mortgage brokerage in a box,” is disrupting the mortgage industry by providing more options, transparency and convenience for consumers. This model not only creates an ancillary business for current real estate brokerage firms, but also offers opportunities for mortgage professionals seeking to open their own businesses, or independent investors interested in financial services.
Motto Franchising, LLC was named among the top one percent of fastest-growing emerging franchises in 2018, according to an analysis of over 2,500 franchise systems conducted by Franchise Grade®.
Join the Motto Mortgage network and get franchise setup support plus all the tools you need to pave the way as an independent entrepreneur:
- Compliance
- Licensing
- Industry-leading technology
- LOS training
- Wholesale lender mix
- Marketing resources
Now that’s freedom. Visit our website or call 866.668.8649 to learn more about franchising or loan originator opportunities.
Published on September 27, 2019
