"Business Development Directors are very knowledgeable professionals who have helped my companies grow"
Starbucks Franchisee
FRANCHISE SERVICES
Founders, Irv and Francine, were working with growing franchisees and franchisors for many years as senior bankers before starting Business Development Directors in 2020.
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Many of the services offered by Business Development Directors have been built with this client base in mind.
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Having spent years negotiating with credit teams and decision makers, the Founders understand how lenders think, the assessment process and documentation as well as the ongoing terms, covenants and commitments that need to be met in order to facilitate future growth.
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The range of services offered are designed to help and support growing franchise operators at every stage of their business journey.
BROKER SERVICES
Business Development Directors specialises in securing finance for franchised businesses, from single unit to multi-unit, multi-branded operators.
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Whether finance is required to purchase assets, another business, a cluster of stores or territory, or to open new sites we are well positioned to find you the best options for your business.
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We have built strong relationships with key lenders in the franchise sector who understand the growth profiles and needs of franchisees as they develop and expand.
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We understand both Commercial and Corporate finance requirements and will help you to structure a package that best suits both your current and future needs, supporting you throughout the lending process.
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We specialise in debenture-led lending, have a full understanding of the Growth Guarantee Scheme, and as experienced ex-bankers will help with the structuring and negotiation of post drawdown covenants, terms and restrictions.
RETAINED SUPPORT SERVICES
Business Development Directors appreciates the opportunity for growth that the sector presents and the breadth of support that is required along the way.
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Our retained support services will help you manage your banking relationships so you can concentrate on growing your business.
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Monthly, quarterly and annual reporting requirements are a common feature in cashflow based lending approvals, we can help you ensure the right information is provided to your lender in the right format in good time.
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If your relationship with your bank has broken down and you are struggling to understand how you can fix it or what your lender needs, then we can help.
BUSINESS PLANNING
Business Development Directors understands that planning is an essential function at every stage of a businesses development.
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We offer a range of plans, proposals and forecasts designed to suit your needs as a growing franchise operator.
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Whether a plan is required to present to a franchisor, lender or for your own planning purposes, we can help.
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In addition to our bespoke plans for larger, complex operators we also offer a fixed price, packaged product for start up businesses and simple requests.
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If you are a franchisor seeking a business plan for new entrants we can produce a templated document that can be available as required by your franchisees.
BUSINESS SALES
Business Development Directors appreciates there are many reasons why you may decide to sell your business and we are well placed to help you access the right buyer.
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Growth in this sector often relies on the purchase of stores or territories and we work with a broad range of clients, many of whom are acquisitive and looking to expand.
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We offer an end-to-end service to help you through each stage of the sales process from valuing your business to preparing a detailed Sales Memorandum and negotiating a deal through to completion.
If you would like us to contact you about how we can support your franchise business, then just let us know.