When you decide to start a property management company, you’ll want to get your new business up and running as quickly as possible. But how do you get that done without sacrificing your income potential? After all, launching a property management business is about more than putting out an open sign. You’ll need marketing, sales, and management systems in place to help you thrive. So how do you do all that and still easily launch your business? It happens with a property management license.
Purchasing a license is like a shortcut to a successful business. Similar to a franchise, you will gain brand recognition, support from the home office, and working systems tested out in the real world. You’ll buy into a system that’s already working instead of having to reinvent the wheel on your own. Mark Grossman writers for Entrepreneur.com state that buying a license gives the business owner resources that “are designed to enable business owners to earn more and spend less time and effort than otherwise would be required to open and operate a similar business on their own.”. When you are eager to launch quickly, a license can actually be the faster, cheaper, and easier way to go.
Unlike a franchise you are not locked in. No percentages to pay, or strict rules to follow. Opening your doors through using a license gives you all the advantages of using a franchise – and none of the drawbacks.
When you take the DIY approach to start your company, you’ll have to figure out the basics on your own, including simple things like software solutions, or how to hire a graphic designer for your marketing efforts. That can take a lot of time. Think about how will you track the maintenance on your properties? How will you collect rent? What are the best practices for interviewing potential residents? Figuring out all the ins and outs of property management on your own can take months and even years to perfect. When you work within a franchise system, though, you bypass all that and step into a system that already works, and has been proven to be scalable so you can grow your business with these systems. Concider the ease of:
Starting your company from the ground up may sound exciting, but it’s going to require a lot of trial, error, and waste. You’ll need to try different software packages. You may accidentally overstaff your office. And you could end up making costly mistakes in your marketing campaigns by hiring agencies who might not even be familiar with the industry. And worst of all, you might not know which markets need your business and end up in an area oversaturated with property managers – which is not a good way to start off. The truth is experimentation costs you money. Your business license will give you access to knowledgeable support teams who can help you avoid costly mistakes and zero in on what works most effectively. Using a license makes things easier because you:
Buying a business license is like gaining a friend with insider industry knowledge and they’re heavily invested in your success. The home office will be there for you every step of the way. You’ll get the training you need to confidently launch your business. Plus, when you are working with a nationally recognized brand, you’ll gain an advantage in the marketplace. People will know and trust that national brand, making sales easier and the possibility to convert a prospect into a lifelong customer that much easier. All of this means you are maximizing your income potential without taking years to establish a reputation of your own. Using a license is easy beacuse you:
Are you ready to take the plunge and start your property management business? A business license may be the best option for you. Our license opportunity offers a complete system to help you easily launch your company in the shortest amount of time possible and hit the ground running. You will get the training and support that you need to help you succeed. Plus, you will be a part of a nationally recognized brand!
Download our cost comparison sheet to learn more about why this is truly the best easy-start way to launch your property management company.