Hello All,
Most of my banking is with the BOQ. My branch is owned by the manager, a franchisee.
Does anyone have some insight into how the franchise agreement works, ie are they paid a commission for the sum of loans they are signing/maintaining?
Do these managers have any power to negotiate on the loan terms, or are they controlled from above?
Knowing what is going through the managers mind with respect to his own pockets may assist me to ask the right questions
Ta,
Ben.
Most of my banking is with the BOQ. My branch is owned by the manager, a franchisee.
Does anyone have some insight into how the franchise agreement works, ie are they paid a commission for the sum of loans they are signing/maintaining?
Do these managers have any power to negotiate on the loan terms, or are they controlled from above?
Knowing what is going through the managers mind with respect to his own pockets may assist me to ask the right questions
Ta,
Ben.