Sometimes, it’s wise to work with a franchise broker. Also called “consultants,” these people assist franchise buyers with several things.
One thing they can help buyers with is identifying opportunities that may be a fit. This, “fit” is based on several factors, including the buyer’s professional aptitude-what they’re best at doing in a work environment. It’s also based on budget.
There are thousands of franchise brokers/consultants. Most of them work via phone, and they get paid when they successfully match a franchise buyer to a concept they represent.
There are independent brokers, and there are brokers that are either franchisees themselves, or are just part of a group. Here are a few examples;
- Franchise Alliance
You can even train to become a franchise broker yourself.
There are a few articles below to read about franchise brokers…and some of the pros and cons about working with them.