Why you should have a mentor when starting your mortgage broker franchise

Taking the first steps into running a mortgage broker franchise can throw up many questions. While you can do plenty of research before you begin, having someone on hand to answer your queries as they arise and draw on their own experience is really valuable. As well as addressing your concerns, a mentor can save you time by preventing you from making any...

Read More

What you need to do before you start trading as a mortgage broker

When you start a new business, there are a number of steps necessary before you can open the doors. Running a mortgage broker franchise requires qualifications, a suitable place to meet clients and an effective marketing strategy so you can grow and nurture your leads. Qualifications Before you can start operating your finance franchise, you need to be qualified as a broker. The minimum...

Read More

Why mortgage franchises benefit from good business software

Even the most savvy of mortgage brokers can't manage every aspect of their business alone. At Red Rock, we offer our franchisees tried and tested software packages as part of the deal. We know that good systems help to make a business effective and efficient. Why do mortgage broker franchises need good software? Customer service Let's face it, whatever your business, if you can't keep...

Read More

How to boost sales in your mortgage franchise

As a mortgage broker franchisee, you're not only responsible for writing loans. It's down to you to get the sales and marketing right too. If you don't have any experience in sales this can be a daunting task. To grow your mortgage franchise you need to increase sales, so you need to get good at it quickly.  The key to increasing sales...

Read More

Minimising your costs when starting a franchise

Starting a new business comes with initial setup costs. Even when joining a franchise like Red Rock where training, software and many other set-up items are provided, there are some purchases you'll still need to account for. However, there are ways to minimise these expenses so you can start generating profit quickly. 1. Find cost-effective office space  Even if you intend to have a...

Read More

3 questions to ask before you buy into a mortgage broker franchise

Buying into a mortgage broker franchise is a great option for anyone wanting to start their own business, but with limited investment power or a lack of experience. A franchise owner will know how to get new finance brokers started quickly, and will usually offer training, software, and marketing support as part of the package. As with any big business decision, it's...

Read More

What are the business benefits of franchising?

Being part of a mortgage broker franchise brings business benefits from day one. As a small business joining a finance franchise, you'll benefit from the experience of the bigger company. You get access to years of experience, products and marketing collateral, as well as a familiar brand name. Your business can grow quickly with a significant amount of the initial work...

Read More

How your background can help you create a mortgage franchise

Starting a specialist lending franchise requires a wide range of skills. While you will need a minimum of Certificate IV in Finance and Mortgage Broking, and a diploma if you want to join certain industry bodies, the skills you will need are not all finance based. There are a number of skills that can be developed in other industries before...

Read More
RSS