Esteemed B2B Consulting Franchise Aids Transition of Corporate Execs into Business Ownership; Offers Unique Franchise Opportunity
NORTH PALM BEACH, FL, March 28, 2009 /24-7PressRelease/ -- As outplacement agencies burst at the seams with downsized corporate executives, some of them have come to rely on "Partner" On-Call Network (POCN), a national consulting firm that helps its clients, buy, start, improve, finance, value and sell small and midsize businesses that typically generate 1 to 10 million in annual revenue.
POCN's Business Buyer Advocates help individuals and companies buy the right business the right way at the right price. They introduce buyers to profitable businesses on the "hidden market," companies that are quietly for sale by-owner, and then assist buyers through due diligence, financing, valuation and dealmaking.
"With corporate downsizing in full swing, there is a significant amount of laid-off management. Approximately 10 to 20 percent of unemployed people at outplacement agencies will look for business ownership opportunities," said Ted J. Leverette, president of "Partner" On-Call Network and author of How to Get All the Money You Want For Your Business Without Stealing It, read by more than 100,000 people since its first printing in 1997. "We are the missing link to helping buyers find a mature, profitable and fairly priced business."
When a POCN Business Buyer Advocate brings a buyer to the table, sellers do not have to pay a fee or sales commission to anyone upon the sale, as is necessary when a seller hires a business broker. Additionally, POCN's dealmakers motivate owners of companies not for sale to seriously consider buyers.
"We can take people, who want to be in business, from the sidelines into the game with our winning team," adds Leverette. "POCN understands that today's economy presents challenges, that is why we facilitate safe, profitable transfers of businesses as quickly as possible - so every party to the transaction gets a win-win deal."
Known as the Go-To Team for Done Deals , POCN's Business Buyer Advocates work with more than 2,700 of the country's top law firms, accounting firms, sources of financing and other players on the dealmaking field. This highly regarded network of professionals chooses to work with POCN because of the company's 35-years of nationwide experience in getting deals done.
Just as "Partner" On-Call Network's Business Buyer Advocates help people seeking to make career transitions realize their dreams of owning a business, as a franchisor, POCN also creates this reality for individuals seeking to own a consulting practice.
"POCN fills a void for people who want to be a consultant, but don't know how to form a business model around it," said Leverette. "People need to have been successful in business but it is not necessary for them to have any experience in our consulting niches. The 500 year collective experience of our "Partners" On-Call , our testimonials, and our products are given to franchisees day one, so they can quickly attain credibility."
Leverette started business consulting as a sole practitioner in 1974. In 1993, he decided to license the Business Buyer Advocate business consulting model to individuals who wanted to own a consulting practice. More than a decade later, in 2006, he launched "Partner" On-Call Network because the franchising model provides entrepreneurs the opportunity to become a business consultant using a successful prototype.
POCN is a proven, proprietary system within the consulting industry and the only B2B franchise opportunity of its kind. The initial investment to own a POCN franchise ranges from $56,000 to $76,000, which includes a $25,000 franchise fee. The royalty fee is six percent for the first 60 days and then six percent or $1,000 per month, whichever is greater.
Recognizing that potential franchisees do not want to devote substantial time and money to screening business opportunities, POCN became one of the first franchise companies to offer prospects a Virtual Discovery Day . Virtual Discovery Days can be scheduled by calling (561) 776-2515. When prospective franchisees want to know more about the POCN franchise opportunity, they receive an invitation to experience a Day-on-the-Job at the company headquarters in North Palm Beach, Florida.
POCN provides extensive training and support for franchisees. New owners complete 10 days of at-home training and then another five days of training occur as the new franchisee proceeds with the business startup.
Ted J. Leverette started business consulting as a sole practitioner in 1974. 20 years later he decided to license his business model to individuals who wanted to own a consulting practice. To establish brand consistency, he began franchising the "Partner" On Call-Network (POCN) concept in 2006. POCN helps clients buy, start, improve, finance, value and sell small and midsize businesses. There are 20 offices operating in 15 states that include Arizona, California, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas and Washington.