Franchise Brokers Association’s Post

The franchise industry includes thousands of companies spread over hundreds of sectors. Weeding through all that information can be confusing and time-consuming. But there’s a way to simplify it all and still feel confident that you found the right franchise: working with a consultant. Franchise consultants help you determine what kind of franchise is the best fit for your goals, skills, and resources. Best of all, their services are typically free to the franchise candidate! And in case you need more convincing, we’ve got 10 compelling reasons to work with one, including: 1. Consultants speak from experience. Dave and Lauri have experience with both the corporate and small-business worlds, and they’re successful franchisees themselves. So they understand where you’re coming from on your franchise journey. 2. Consultants narrow the field for you. We work with a pre-vetted list of the best franchisors, so you can be sure of choosing a trustworthy, successful company to work with while saving a lot of time. 3. Consultants give you an advantage. Franchisors almost always have more applicants than available franchises. They prefer to work with candidates referred by consultants because they know those people have been pre-qualified as a good fit. Check out the blog for the full list of reasons and how working with a consultant can benefit you and your franchise search! https://lnkd.in/eUfSPcH7 #EmpoweredFranchisee #EmpoweredMindset #Franchisee #BusinessOwnership #FranchiseConsultant

Thinking about franchising? Fear of the unknown holding you back? Risk in franchising isn't just about losing money. It's about predictability and consistency of your returns. Here's a new way to assess franchise risk: 🔍 Focus on Distribution, Not Just Average: Look beyond average earnings. How consistent are franchisee results? 📊 Tight Distribution = Lower Risk: A franchise where most franchisees earn similar profits offers more certainty. ⚠️ Wide Distribution = Higher Risk: Large variations in earnings indicate a less predictable outcome. Example: Franchise A: 80% of franchisees earn $200,000-$300,000 (low risk) Franchise B: 40% earn $200,000-$300,000, 30% earn <$100,000, 30% earn >$400,000 (high risk) Choosing the right franchise is key! 🔑 Match your risk tolerance to the opportunity. Ready to take your franchise journey to the next level? Contact us today to get started! 🚀 . 📩 Jeff@FranchiseGuidance.com 📲 248-506-1101 🌐 www.franchiseguidance.com . #FranchiseSuccess #RiskManagement #BusinessTips #FranchiseOpportunity

The focus on franchising has led to phenomenal growth in the industry, and with so many options to choose from across so many verticals, certified franchise consultants (CFCs) help to pave the way for many investors, eliminating unnecessary mistakes and wasted time. CFCs help their candidates explore brands and find the best fit based on criteria including investment level, business model, territory, and flexibility. All of this is done at no charge to their candidates - so it's a win/win for everyone. Many franchise consultants see their role as a calling to serve. With unprecedented growth in our industry, the opportunity to serve has never been higher. Protecting investors from time-consuming costly mistakes and high failure rates of going it alone not only brings satisfaction but joy to many franchise consultants. Not only do franchise consultants serve people directly, as mentioned above, but they also serve the economy indirectly. Helping create entrepreneurs through franchising also creates jobs for our economy. Franchise consultants play a vital role in many ways, from helping the investor find a great choice, the franchisor by delivering great investors, and the economy by creating entrepreneurs and subsequent jobs. As a certified franchise consultant, I am here to help you in your franchise search. #franchiseconsultant #liveyourdreams #ownyourlife Click below and schedule a quick introductory call on my calendar https://lnkd.in/g6F8hX59

The focus on franchising has led to phenomenal growth in the industry, and with so many options to choose from across so many verticals, certified franchise consultants (CFCs) help to pave the way for many investors, eliminating unnecessary mistakes and wasted time. CFCs help their candidates explore brands and find the best fit based on criteria including investment level, business model, territory, and flexibility. All of this is done at no charge to their candidates - so it's a win/win for everyone. Many franchise consultants see their role as a calling to serve. With unprecedented growth in our industry, the opportunity to serve has never been higher. Protecting investors from time-consuming costly mistakes and high failure rates of going it alone not only brings satisfaction but joy to many franchise consultants. Not only do franchise consultants serve people directly, as mentioned above, but they also serve the economy indirectly. Helping create entrepreneurs through franchising also creates jobs for our economy. Franchise consultants play a vital role in many ways, from helping the investor find a great choice, the franchisor by delivering great investors, and the economy by creating entrepreneurs and subsequent jobs. As a certified franchise consultant, I am here to help you in your franchise search. #franchiseconsultant #liveyourdreams #ownyourlife Click below and schedule a quick introductory call on my calendar https://lnkd.in/g6F8hX59

Are you leveraging the power of franchise brokers to boost your franchise sales strategy? Working with these experts can bring in top-tier candidates, shorten your sales cycle, and increase your closure rate. As a potential franchisee, brokers can help you navigate the sea of options and find the perfect fit for your investment. Franchise brokers will also be able to describe a “day-in-the-life” of a franchisee, highlighting the many benefits, and drawbacks of franchise ownership, that you won’t necessarily get from the franchisor. When working with a franchise broker is at no cost to you! Reputable franchise brokers work on a commission basis only, and usually the Franchisor or the seller of an existing asset (a resale) will pay the broker’s commission, so you will not be out of pocket when you hire a franchise broker. Now that we’ve explored just a few of the franchisor and potential franchisee benefits in working with brokers, I’d like to know what you think. Are you currently working with brokers or have you thought about it? Do you have some questions? I'd love to chat. Send me a private message and let’s connect. #franchisebroker #franchising #closurerates #salesstrategy

FBA Members is your exclusive platform to elevate your franchise sales game. It's where our members, brokers, and franchisors come together to showcase their best, explore new opportunities, and collaborate for success. Comprehensive Franchise Research: Our platform allows brokers to dive deep into hundreds of franchise concepts. With advanced filtering options, you can easily find opportunities tailored to your candidate's unique needs. Whether you're looking for a specific industry, investment level, or growth potential, FBA Members has you covered. Collaboration at Its Finest: FBA members isn’t just about research—it's about connection https://hubs.li/Q02PWwsS0. Brokers can share their candidates' strengths with franchisors, opening doors to meaningful conversations and perfect matches. Our platform facilitates these critical interactions, ensuring that franchisors find candidates who truly align with their brand values and vision. Where Franchises Find Great Candidates: At FBA members, productivity is the name of the game. It’s the space where franchise success come to life, where brokers and franchisors collaborate, and where success stories begin. Join us and experience the future of franchise growth. #franchisebrokersassociation #franchiseba #fba #chriswall #franchisesales #brokersuccess #franchisors #businessgrowth #businesstoolsandtips #fbatools #businesstoolsforgrowth #brokertools #franchiseinsights #fbamembers

🌟 Ready to invest in a franchise business? You don't have to navigate the journey alone! 🌟 The franchise industry is booming, with thousands of new opportunities emerging. But with so many options, finding the perfect fit can be overwhelming. That's where franchise consultants come in! Discover the benefits of working with a franchise consultant to explore, evaluate, and select the right opportunity for you. 💼✨ 1️⃣ Industry Expertise: Benefit from their extensive knowledge of franchising trends and successful business models. 2️⃣ Diverse Opportunities: Gain access to a comprehensive database of franchise brands across various industries. 3️⃣ Personalized Guidance: Receive tailored advice that aligns with your unique goals, skills, and financial situation. 4️⃣ Thorough Due Diligence: Rely on their expertise to conduct in-depth research, ensuring informed decision-making. 5️⃣ Streamlined Selection: Save time and effort with a curated list of suitable franchises, tailored to your preferences and aspirations. Ready to take the plunge into business ownership? Contact us today! 💼🔍 📱Call 612-799-5111 or ✉️ email fred@franlinkbroker.com to ignite your franchise journey. Visit us at www.franlinkbroker.com and let's turn your dreams into reality! . Find the ideal franchise that matches your skills and aspirations. Tap the link now to kickstart your journey to business success by understanding your compatibility. Let's discover your perfect match! https://lnkd.in/eCmzcgyD . #Franchise2024 #FranchisingRevolution #OwnYourSuccess24 #DreamFranchiseFinder #FranchiseFreedom #Futurepreneur #BossMovesWithBrands #ScaleUpWithFranchises #BuildYourLegacy #NextGenFranchisee #FranchiseStartup #FranchiseOpportunities #FranchiseExpert #FranchiseOwnerGoals #FranchiseJourney

Our Franchise Trends segment of the small business survey is now live! Did you know that 77% of people prefer to start a new franchise over an existing one? Explore more insightful data and information here: https://lnkd.in/gExRuJnS #ROBS #Franchisefunding #supportsmallbusiness

I recently shared 6 things we can do as an industry to franchise more responsibly TODAY. Here they are: 1) Put a spotlight on which sales organizations/broker networks are requiring brands to sell as “absentee” or “semi-absentee” to be part of their portfolio to do deals 2) Provide free education to those who want to become a franchisee or a franchisor so they know what they’re getting themselves into first 3) For brands who sign up franchisees, publicize the units open in addition to the units sold. 4) Consultants and lawyers for early-stage franchisors recommend more founders wait to franchise until they have the capital and full-time effort to devote to franchising 5) Remove the word “absentee” from the franchise sales process and use words like “semi-involved” if the model permits hiring a manager 6) Remove “time claims” from the franchise sales process. “You only have to work X amount of hours per week/month/year to be successful” because it’s impossible to suggest one franchisee’s hour is the same as another franchisee. Agree or disagree? Let me know in the comments. #responsiblefranchising #franchisedevelopment #settingclearexpectations #capitaladequacy #sustainablegrowth #choosingtherightfranchisees

As a prospective franchise owner, the significance of Item 19 in a Franchise Disclosure Document (FDD) is knowing that you can find information on average net billings, median net billings, the number of franchised offices, and other metrics used by the franchisor. It's important to understand all aspects of the FDD before making a decision. Read this article to find out more about the significance of Item 19 when you are reviewing the FDD. #aginginplace #franchising #qualityseniorcare #rewardingcareer #rightathome #successwithsignificance