Our ‘Best Franchise to Own’ Checklist

Before you purchase a franchise, you’ll want to spend time researching the best franchise to own. As we’ve discussed before, that’s a highly personal question. One entrepreneur’s perfect franchise opportunity could be a dud in someone else’s hands. To buy the right franchise, you’ll need to find an opportunity that checks off all the right boxes for you. But for that to happen, you’ll need to know what those boxes are and why they’re important. We wanted to simplify that process. To do that, we made the following 10-item checklist of what you should look for in the best franchise to own. Use this checklist to help you find a franchise that fits your resources, goals, and personal strengths! Murphy’s ‘Best Franchise to Own’ Checklist 1. The Right Level of Investment Finding the best franchise to own starts with finding a franchise within your price range. On a smaller budget,… Read more »

Evaluating Business Broker Franchise Opportunities

Unless you have prior experience as a business broker, starting a business brokerage agency can prove difficult. So rather than starting an independent firm, you might consider franchise opportunities in the business brokerage sector. With the right business broker franchise, you’ll have the training, support, and resources you need to succeed as a business broker — all of which are hard to come by if you’re working independently. But that invites the question: What business broker franchise opportunity will prove to be the right fit? Evaluating business broker franchise opportunities requires a basic understanding of the industry. To put it another way: First, you’ll need to know what business brokers need to be successful. Then, you’ll need to look at which franchise opportunities earn the highest marks in these areas. How to Evaluate Business Broker Franchise Opportunities Business Model When you compare different franchise opportunities, you’re essentially comparing different business… Read more »

5 Advantages of a Home Based Franchise Business

Over the past decade, home based businesses have become more common than ever. This has coincided with the continued rise of franchising. Unsurprisingly, there’s been a lot of overlap between these two trends. In fact, many of the hottest sectors in franchising are those that encourage home based franchise business models. But is a home based franchise really worth it? Or is it better to invest in a traditional franchise with a dedicated location? With the surging popularity of home based franchises, it seems like there’s a lot of value in this type of franchising. So let’s examine 5 of the biggest advantages that a home based franchise has to offer. Why Choose a Home Based Franchise? 1. Lower Costs By choosing a home based franchise, you can start a franchise business at a much lower initial investment. If you start a franchise that requires a physical location, this will… Read more »

How to Find the Right Business Broker Franchise for Sale

If you want to start a business brokerage firm, a franchise may be the perfect fit. Not only will you enjoy a turnkey business model, you’ll also enjoy rigorous training and support from industry experts. But your success won’t be guaranteed with just any franchise for sale. Instead, you’ll need to find the right business broker franchise for your market, your way of doing business, and your entrepreneurial goals. Typically, this means finding a business broker franchise for sale with the following qualitis: Extensive training for new franchisees Rigorous corporate support and guidance Proven brokerage systems and resources A trusted brand name and identity Below, we’ll take a look at what makes each of these features so important. Plus, we’ll take a look at how a Murphy Business franchise delivers in each of these areas. What to Look for in a Business Broker Franchise for Sale Franchisee Training Why It’s… Read more »

Why We’re Such a Unique Franchise Business

What Makes Murphy Such a Unique Franchise Business? At Murphy Business, we offer one of the most unique franchise business opportunities on the market today. Our home-based business model gives franchisees extraordinary flexibility in terms of their schedule, workflow, and finances. And as a business brokerage franchise, we offer the chance to put your professional skillset to good use, assisting local businesses and entrepreneurs who are ready to buy or sell their business. What’s more, we offer one of the most well-established and well-recognized brands in our field. Our track record gives franchisees instant credibility and name recognition. It also allows us to provide a one-of-a-kind training and support network for Murphy Business Brokers. Key Features of Our Franchise Business Model Work from Home, on Your Terms As a Murphy Business broker, you get the chance to own your own business and the chance to work from home. While our… Read more »