The 3 Business Models of Franchise Broker Networks

In the franchise broker industry there are 3 types of franchise broker networks. The broker mills, the franchise systems and then us (the hybrid). The Broker Mill The broker mills have little to no infrastructure or foundation.  They have a record of changing their name and ownership every 3 or so years.  The bulk of the individuals in their organization …

What Services Does a Franchise Broker Provide?

What Services Does a Franchise Broker Provide? QUALIFYING During the qualifying process, a franchise broker would work with a buyer to see if they are right for franchising in general and if so, what franchises they have the option of moving forward with. FRANCHISE RESEARCH The franchise broker will listen to the buyer’s wants and needs and enter them into …

What Are My Start-up Costs?

When starting a new company there are several cost factors to consider.  The primary ones are the expense of getting the business up and running, the ongoing expense of operating the business and the ongoing expenses for your household and lifestyle. Thankfully, the franchise broker business is very inexpensive compared to other business opportunities.  It is operated out of your …

How Does a Franchise Broker Find Buyers to Work With?

When brokers start in the business, they work with vendors that we have approved. This is an easy way to gain access to individuals who are interested in buying a franchise and have made inquiries online for information as to how to get started. There are a number of different pricing packages as well as types of buyer inquires a …

Who does a Franchise Broker work with?

CANDIDATE PROFILE When you are in a room full of people and you tell them you are a Franchise Broker, you will command the room’s attention. Many people don’t know that Franchise Brokers exist. You instantly become the most popular person in the room. Everyone is asking you questions about the best franchises available and what their options for franchising …

A Day In The Life of a Franchise Broker

After you wake up and have breakfast with your spouse, you will put on some comfortable clothes and walk into the office inside your home. Next, you will turn on your computer and open your calendar to view the appointments you have scheduled with candidates and franchisors and to qualify the candidates who have made inquiries. You would spend some …