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Posted by Papag on March 5, 2006, 6:25 am
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Hi all,
I'm new to the mortgage broker game in Australia,..I want to get into the
industry, and have the option of either going it alone, or buying into a
franchise. I have no industry experience but I do have a background in sales
(of insurance products).
Obviously a franchise would mean a diminished income, but I still might
enjoy higher earnings than what I could earn outside a franchise structure
(because of strong branding).
I'm really in two camps about it.
This is the franchise I'm looking at.
http://www.refundhomeloans.com.au/
I like the business model because I can still see it working during a
housing downturn.
The franchise is offerring new territories, so either way, I'd be starting
from the same base. Is going it alone, without industry experience suicide?
(it's sounding like a dumb question atm)
What advice would you give?
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