Web Franchisee Information

Transcription

1 Web Franchisee Information

2 Become a BLX web franchisee Today, more than ever before, small business owners face a major problem. Funding for the development of their business is hard to raise; banks are cutting overdrafts, lenders are restricting their funding and some finance companies are ceasing to provide funds altogether. Even in the best of times, small business owners had a problem securing finance if they were new in business or had adverse credit information registered against them, but now things are even worse. And if that were not bad enough, small business owners have to stop running their businesses every time they need to look for anyone to offer help and advice! But now help is at hand: We are the BLX for small businesses! One stop shop for small business help and finance By being a BLX web franchisee you can provide vital help to small businesses and earn commissions by introducing finance: You become a finance broker immediately No up front fees - only 1 simple payment per month of 99 Includes your own personalised business website * Includes major resource for small business - regularly updated Includes commission generating links Includes opportunity to appoint your own agents to work for you All we ask is that you provide as many finance leads as possible and promote your website as much as you want! You earn commission in 3 ways: 1] By introducing finance leads to us on our online system 2] By your agents introducing business on our online system 3] By receiving commission via your web links So - the more small businesses you contact, the more agents you recruit, the more you promote your website, the more you earn! * Your website would be on the same lines as the BLX pages

3 Background The founders of the BLX first started a finance brokerage in John Stickley cofounded 1pm plc, a finance company, which was floated in 2006; he left in 2007 to develop the Business Lending Exchange Ltd [the BLX]. The BLX is a finance brokerage and facility company covering all aspects of finance for small and start up businesses including: Asset finance and re-finance Factoring and invoice discounting Commercial loans Commercial mortgages Bridging finance Total computer solutions packages Leasehold finance for retail and catering Equity funding for small businesses Self administered pension scheme How we do business All our business comes from introducers of finance, to whom we pay commission on completed deals. We have an online system where the basic information about the customer and their requirements is entered. We then contact the customer and do everything necessary from there to complete a deal. You enter brief details online We call the customer to discuss their requirement We complete the deal You receive commission! You do not need to be an expert in any aspect of finance as we deal with all the technical aspects with the customer. A full online training manual is available.

4 How you earn money There are 3 ways you earn commission: 1. Introduce finance leads Whenever you find a small business looking for financial help, enter brief details on our online system [name, telephone number, brief description of requirement] and we will do the rest. You will be able to track the progress of each deal online. 2. Recruit agents Work smart and get other people to do the work for you! You recruit the agents who will generate leads from small businesses. They will enter deal details on our online system and you get a commission from every deal that completes. You will be able to track the progress of all their deals. 3. Commission via web links As a web franchisee, your webpage will display a variety of important sources of help for small businesses. Many of these will pay commission if business is done with a customer who clicks through from your site. Any such 'click through' automatically enters a new deal on our system which you will be able to track. Example earnings The illustrations below are based on current commissions available with lenders and providers and include suggested amounts to be paid to your agents. In all cases we pay you for completed transactions and you would then pay your agents out of your commission total. Type of deal Commission to you Agent's commission Net commission to you Asset finance 10, [we lend] Asset finance 10,000 [other lender 1] Asset finance 10,000 [other lender 2] Asset finance 50,000 [other lender] , Secured loan 100, Secured loan 200,000 1, 'Click through' on your website for telephone answering service

5 Web franchise agreement We want to make it as easy for you as possible to begin trading immediately. This information sheet forms the basis of our agreement with you. Once you have paid your first month's fee, you can begin trading usually within 3 days. Step 1. You pay the first month's fee of 99 Step 2. You decide on what web address you want and confirm the contact details you wish to be displayed Step 3. We set up the website with your details on it Step 4. You start to generate business! To end or suspend the agreement with us, all you need to do is give us 14 days' notice by or in writing. Once your agreement has been ended or suspended, we will remove the website. If you wish to re-start the arrangement with us, we simply take 1 month's fee in advance again and re-activate the website immediately. For more information call John Stickley on