What Are The Top 13 Franchise Broker Networks?
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.
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.
Franchise Brokers Association (FBA) has been around since 2008. They focus primarily on 4 areas: Technology, Support, Scalability & Transparency.
Transworld has 40+ years of experience, has sold 10,000+ businesses, has 600+ brokers, and has 250+ offices worldwide. The numbers speak for themselves.
#4 – FranServe
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.
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.
#6 – FranNet
FranNet has been in business for over 30 years and has over 60 affiliated offices throughout the United States and Canada.
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.
#8 – FranChoice
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.
BAI Business Alliance has been around since 1991.
#10 – FRANSAVE
FRANSAVE tends to be on the cheaper end as far as franchise broker networks goes.
#11 – The You Network
The You Network will introduce franchise candidates to up to 8 different franchise brands.
#12 – Global Franchise Network
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
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.
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.
Entrepreneur with a focus on Lead Generation, Google Adwords, Bing Ads, and Conversion.