What Are The Top 13 Franchise Broker Networks Of 2024?

Overview

Our primary focus here at Lead PPC is on franchise development lead generation.  But, we get a lot of questions about franchise broker networks as well, so this article is meant to address that.  There are dozens of franchise broker networks out there, and if you include independent brokers there are literally hundreds of different groups of franchise brokers to choose from.  Sifting through the noise and determining which one is best for you can be quite the chore.  Just to be up front, here at Lead PPC we are not franchise brokers or a franchise broker network.  We offer PPC for franchises.

Since we are friends with many of these broker networks and some of them are even our clients, we have to be a bit careful regarding what we say about each franchise broker network.  So, we’re mainly going to focus on putting together a solid list of who the top franchise broker networks are so that you at least have some reference points to look into.

If you see the (+1) or whatever number next to each of these franchise broker networks, it means that they moved up the rankings (improved) since 2023.  If you see a (-5) or whatever that would mean that they moved down the rankings 5 spots since 2023.  Below is my list of the top franchise broker networks of 2024:

#1 – International Franchise Professionals Group (IFPG) (0)

More and more of our clients are choosing the combination of IFPG and FranServe as their franchise broker networks of choice.  International Franchise Professionals Group (IFPG) has over 1,300 franchisors, franchise brokers, and vendors in their network and is one of the most widely respected names in the franchise broker network community.  They were also voted #1 franchise broker network by Entrepreneur.com and we would have to concur with that analysis.

#2 – FranServe (+2)

Our clients tend to like using FranServe and IFPG for their top 2 franchise broker networks, as of 2024.  FranServe reports that they are the world’s largest franchise consulting and expansion organization and they may very well be.  They probably purchase more leads than any other franchise broker network that we are aware of and they invest heavily in providing the tools and resources for their franchise brokers to succeed.

#3 – BAI Business Alliance Inc. (+6)

Another combination that we hear a lot from our clients is that they’re using BAI and FranNet as their combo for franchise broker networks.  BAI Business Alliance has been around since 1991.

#4 – FranNet (+2)

FranNet has been on the rise, and a lot of our customers tend to couple using FranNet along with BAI.  FranNet has been in business for over 30 years and has over 60 affiliated offices throughout the United States and Canada.  FranNet operates much like a real estate agent except in the franchising space.  You don’t pay FranNet consultants anything, and they are there to help you choose the best franchise for you personally.

#5 – Franchise Brokers Association (FBA) (-3)

Franchise Brokers Association (FBA) has been around since 2008.  They focus primarily on 4 areas: Technology, Support, Scalability & Transparency.  If you’re looking to employ more than 3-4 franchise broker networks, then FBA is definitely one to consider.

#6 – The Entrepreneur’s Source (TES) (-1)

The Entrepreneur’s Source (TES) is kind of a funny one because they do not like the word “franchise broker” at all.  In fact, if you use that word in any sentence, they will most likely correct you to use the appropriate “franchise coach” verbiage.  They are an extremely buttoned up organization that truly does focus on training their franchise brokers to coach prospective franchisees in order to help them discover and choose the right franchise opportunity for themselves.  Regardless of semantics, TES is a rock solid choice for a franchise broker networks, and a lot of our FSOs like working with them.

#7 – The Franchise Consulting Company (FCC) (0)

The Franchise Consulting Company is one of the few franchise broker networks that actually lists all of their franchise brokers on their website, which is kind of nice.  According to their website, they have around 157 franchise brokers.  FCC isn’t a group that I really knew much about until recently, but as I’ve gotten to know some of the members of their organization, they are quite impressive and have connections across lots of different aspects of the franchising space as a whole.

#8 – Transworld Business Advisors (-9)

Transworld has 40+ years of experience, has sold 10,000+ businesses, has 600+ brokers, and has 250+ offices worldwide.  The numbers speak for themselves.  This is a franchise broker network that we don’t hear as much as some of the others, but that’s probably because they tend to do a lot of international business, and most of our clients in are in the US, CA, UK, SA, or AU.

#9 – FranChoice (-1)

FranChoice focuses on trying to find at least 2-3 franchise opportunities that would be a good fit for their prospective candidates and then encourages the person to make their own choice as to which one makes the most sense for them.

#10 – NextFran (0)

NextFran used to be known as FRANSAVE and has had a major overhaul of their strategic positioning.  They now use AI to help franchisors streamline their franchise sales processes.  One thing that is unique about NextFran is that they focus more on setting qualified appointments than they do on just driving leads.  There are a lot of bad franchise lead providers out there, and one of the best ways to sift through the smoke is to focus more on qualified appointments.

#11 – The You Network (0)

The You Network will introduce franchise candidates to up to 8 different franchise brands.  They have a relatively large staff at ~30 people.  The You Network has some great whitepapers and blogs articles that are worth taking a look at.

 

#12 – Global Franchise Network (-1)

Global Franchise Network focuses mainly on taking your franchise brand international.  They have successfully helped over 200 companies expand their businesses internationally. It is a bit more niche than others, but if you’re looking to expand your global presence, this would be a good place to start.

#13 – The Franchise Insiders (-1)

The Franchise Insiders isn’t a huge broker network, but they might still be looking into if you’re looking for a smaller business feel.  As a side note, their staff has some really great hair and a strong fashion sense 🙂

 

While we are not a franchise broker network, if you need more franchise leads, please fill out our Contact Us form.  Our primary focus here at Lead PPC is franchise lead generation. 

 

Exploring the Benefits of Joining a Franchise Broker Network From A Franchisee’s Perspective

For potential franchisees, working with a qualified franchise broker can be the key to success. By joining a franchising network and working with an experienced franchise broker, you’ll gain access to valuable resources and assistance that will help you make informed decisions about your future as a business owner.

Franchise brokers specialize in connecting entrepreneurs to franchisors who are offering opportunities for purchase or expansion of businesses. They have extensive industry knowledge, excellent negotiating skills, and connections within the franchising world. By partnering with a reputable broker, franchisees can benefit from their expertise during every step of the process—from researching potential opportunities all the way through closing deals.

A good franchise broker should be able to assist you with many of the important decisions you’ll face when investing in a franchised business. They can help you identify and evaluate potential franchises, interpret franchise documents, and negotiate terms and conditions on your behalf. They can also provide insight into industry trends and offer advice about market conditions that may be relevant to your purchase decision.

In addition to providing personal guidance throughout the buying process, franchise brokers may also assist with post-purchase support services such as helping you find financing options or networking opportunities that will contribute to your success. A good broker takes an active role from start to finish – helping you structure a deal that works for everyone involved and making sure all parties are satisfied with the outcome.

When looking for a qualified franchise broker, it’s important to check their credentials and verify that they are members of a reputable franchise broker network. Networks such as these offer added benefits for both franchisors and franchisees, including improved communication between brokers and their clients, access to exclusive resources, and the ability to network with other industry professionals.

Joining a franchising network can be an invaluable move for any potential franchisee. By leveraging the expertise and resources of experienced brokers in conjunction with the collaboration opportunities offered by a reputable broker network, entrepreneurs can gain insight into the entire process – from researching franchises to structuring deals to success post-purchase. The right team of professionals will help make your investment decisions easier while also providing support services along the way.

For those looking to invest in a franchise, working with the right broker network can be an invaluable resource. Finding a reliable and knowledgeable team of experts will help ensure that you feel confident about your decisions and maximize your chances for success as an entrepreneur. When researching potential brokers, it’s important to understand their qualifications and experience, verify their membership in a reputable franchise broker network, and make sure they are aware of all the available resources for successful franchising. With the right team in place, you’ll have access to valuable resources throughout every step of the process – from evaluating prospective franchises to negotiating deals through closing day.

To sum up, partnering with a qualified franchise broker is essential for any potential franchisee. Not only do they have the expertise and connections within the franchising world, but they can also provide you with invaluable support services throughout every step of the process. To maximize your chances for success, it’s important to find a broker who is a member of a reputable franchise broker network – this will give you access to exclusive resources and help ensure that your investment decisions are sound. With the right team in place, you’ll be on your way to becoming an experienced and successful entrepreneur.