Your income as a franchise partner with Engel & Völkers

Franchise Partner Income: What Matters Most

Taking on a franchise license often represents a shift from employee status to entrepreneurship. That’s why it's important to consider a few key points beforehand to ensure this career change happens smoothly and with an appropriate level of financial security.

A solid financial calculation should take the following into account:

• How much money do you need to cover your minimum monthly living expenses?

• How much time are you willing and able to invest?

• How committed are you to your work?

• What are your income expectations?

For a reliable calculation, our expansion managers recommend creating a detailed budget that includes all expenses and gives you a clear overview. Your budget should also include potential savings and a financial buffer in case of temporary income shortfalls during the franchise period.

It’s crucial to use realistic figures so that you get a dependable indication of whether your planned move into franchising aligns with your financial goals.

How Is Your Entrepreneurial Salary Calculated as an Engel & Völkers Franchise Partner?

Your future income as a franchisee depends primarily on the success of your business. As a self-employed real estate agent, you provide services for which clients pay fees. The total of these payments determines your revenue. After deducting applicable taxes (such as VAT), you are left with your net revenue.

This net revenue must cover all goods and services needed to deliver your offerings, along with fixed costs such as rent, employee wages, insurance, and franchise fees.

Based on German regulations, your entrepreneurial income is calculated from the remaining amount after all expenses are deducted. It is recorded in your personal tax return as “income from self-employment” (Attachment S). Your final net income is then determined through your income tax assessment.

There are additional differences compared to traditional employment you should be aware of: for example, vehicles used by entrepreneurs in Germany can often be claimed as business expenses, but health insurance contributions must be paid from your net income. Also, entrepreneurs are generally exempt from statutory pension and social insurance contributions - however, our expansion managers strongly advise setting aside funds for private insurance and retirement savings.

Conclusion & Further Guidance for Your Franchise Career

Before taking on a real estate franchise license, it is important to reflect on these key questions: How much money do I absolutely need? How much would I like to earn? And how much time can I commit?

One thing is clear: starting your own business comes with a high level of responsibility - but also with great potential rewards if you are committed. While employees operate within clearly defined boundaries in terms of duties and salary, entrepreneurs see their area of responsibility expand significantly, and it is your personal effort that ultimately determines your income as a franchise partner.

With the proven franchise model from Engel & Völkers in Germany and Austria, we offer you the ideal foundation to contribute to our long-standing success story and continue it in one of our available license areas.

Get valuable tips from our expansion managers for the start-up phase and beyond, and benefit from the strength of our brand name from the very beginning of your shop’s launch.

Would you like more in-depth advice and examples of the business potential of your own Engel & Völkers shop? Our expansion managers will be happy to provide you with detailed, personalized information. Contact us today and see for yourself why our real estate franchise is the right choice for you.

Conclusion & Further Guidance for Your Franchise Career

Before taking on a real estate franchise license, it is important to reflect on these key questions: How much money do I absolutely need? How much would I like to earn? And how much time can I commit?

One thing is clear: starting your own business comes with a high level of responsibility - but also with great potential rewards if you are committed. While employees operate within clearly defined boundaries in terms of duties and salary, entrepreneurs see their area of responsibility expand significantly, and it is your personal effort that ultimately determines your income as a franchise partner.

With the proven franchise model from Engel & Völkers in Germany and Austria, we offer you the ideal foundation to contribute to our long-standing success story and continue it in one of our available license areas.

Get valuable tips from our expansion managers for the start-up phase and beyond, and benefit from the strength of our brand name from the very beginning of your shop’s launch.

Would you like more in-depth advice and examples of the business potential of your own Engel & Völkers shop? Our expansion managers will be happy to provide you with detailed, personalized information. Contact us today and see for yourself why our real estate franchise is the right choice for you.