FranchEyes provides an absolutely free, no obligation franchise and business consulting service to our clients. Our no nonsense approach to the real world of business ownership will sometimes result in our advice to NOT purchase an opportunity.

As our client you will never receive a sales pitch. We believe that franchise opportunities are meant to be discovered not sold. We leave the selling to the franchise companies. Our business focuses on helping our clients achieve their personal goals through franchising. We provide honest, experienced insight and information.

Once you’ve identified and selected franchises that look very interesting to you, Natalie will contact franchisors on your behalf and a company representative will soon be in contact with you. Throughout this process, Natalie is available to you as a guiding resource, answering any questions you may have. Ultimately, it is your job to conduct a thorough investigation of the franchises you are keenly interested in.

Website: www.TheOwnersAlliance.com

Phone: 866.683.9228

CONTACT NATALIE BARNES

A Franchise Finder, LLC. franchise consultant will arrange a phone conversation to gather information about your business goals and preferences. The franchise consultant will interview you to gather information to help identify a franchise that will meet your personal, professional and financial goals. The franchise consultant will send you a Confidential Questionnaire that will provide additional information about you and the kind of business that will be best for you and your family.

Website: www.FranchiseFinderLLC.com

Phone: 1-888-876-9629

CONTACT FRANCHISE FINDER, LLC

While there are many unique aspects of the MatchPoint Franchise Consulting Network™ system, what makes MatchPoint™ different from all others within the industry can be classified into three categories – the three pillars of MatchPoint Franchise Consulting Network™ success:

Better Informed Quality Candidates:

Information and Education are the foundational elements of the MatchPoint system. By pre-screening franchise candidates and providing them with a base of information and education, all parties to a Franchise purchase transaction end up winners.

Franchise Assessment Profile:

Through a unique and sophisticated profiling system called the MatchPoint™ Personal Franchise Assessment Test, MatchPoint™ consultants can help potential franchisees narrow the playing field to only those franchise systems that offer them the best opportunity for success.

In 2006 the Personal Franchise Assessment Test was created by MatchPoint. MatchPoint developed the MatchPoint™ Personal Franchise Assessment Test after thousands of hours of dedicated research in the Franchise field since 2004. This unique and sophisticated profiling system helps individuals narrow the playing field to only those Franchise systems that offer you the best opportunity for success.

Professional Franchise Consultants:

MatchPoint™ is committed to setting the standard for Franchise Consultant expertise, professionalism and service. The Personal Franchise Assessment Test provides MatchPoint Consultants with unique insights into the skills, experience and personality of each individual. This insight and knowledge helps the MatchPoint Consultant identify the opportunities that best match an individuals needs.

MatchPoint™ operates the largest physical office of Franchise Consultants in the industry, where Franchise Consultants receive regular briefings from leading Franchisors around the world. Well informed Franchise Consultants are uniquely positioned to offer the best advice and value to individual franchise buyers.

Website: www.MatchPointNetwork.com

CONTACT MATCHPOINT

Here Are Some of the Many Industries That We Represent:

Automotive, Building and Storage, Child Education, Coffee, Computer, Convenience Stores, Direct Marketing, Employment, Financial Services, Food, Hairstyling, Health and Beauty, Laundry/Dry Cleaning, Lodging, Maid Services, Management, Pack- Mail, Pet Care, Printing, Real Estate, Repair, Retail Home, Retail Sales, Senior Care, Signs, Sports, Tanning, Window and Floor Coverings and More!

Website: www.BusinessAliianceInc.com

Phone: 800-557-4850

CONTACT THE BUSINESS ALLIANCE

• Help you understand the pros and cons of owning your own business.
• Recommend franchise opportunities based on your lifestyle and business goals.
• Save you money by educating you on anticipated costs, franchise fees, financing options and training.

FranNet consultants work individually with clients who are interested in purchasing a franchised business. Consultants use a specific profiling and consultative process to determine a business model unique to each person. This model suggests specific franchises that would fit best with each person’s goals, skill sets and interests, both personally and professionally.

Research is the key to any sound decision. So, the research suggestions and techniques – as well as referrals to other industry professionals – round out the services that FranNet consistently provides to each client. We’re with you every step of the way to business ownership!

Website: www.FranNet.com

Phone: 1-800-FRANNET

CONTACT FRANNET

A good franchise broker can help you determine if the franchise contract is legitimate. They can also ensure that what was verbally agreed to you from the franchisor is the in the written contract. You should never just take someone’s word. They can also help you negotiate the franchise contract if you feel that something is not in your favor or you disagree with. A good experienced franchise broker should be able to spot a bad contract for you, so you don’t get roped into something you thought was something totally different.

It is essential that you choose a franchise that is something that fits for you personally and financially. Your broker should be able to help you by presenting many different franchises for you. You want a franchise broker who is able to show and explain as many as possible, not one who only offers you three and gets mad if you don’t like them.

You need to find a broker who is supportive of you decision in franchising and who is willing to help you achieve your goals. If they are trying to deter you from franchising and get into a different business opportunity then you need to find a new one. A good broker will not conduct themselves that way. Usually it is a way for that broker to make money quick and sadly you won’t be left with anything.

A good franchise broker will take into consideration that buying a franchise is a big decision. It is not a decision that you should be rushed or pushed into. If you want to take your time and weigh all the options, he or she should respect that. A good franchise broker will not put pressure on you to buy right away; they will allow you the time you need to make a good decision.

One of the biggest things to look for in a good franchise broker is if they know about franchising. You will want to find someone who is very knowledgeable in franchising. This franchise broker should be able to answer all the questions you have about franchising. If you know more than they do, what is the need for them in the first place? If they are not helping you, you should find a new franchise broker.

There are good ones and bad ones; you just have to find the good franchise brokers.

Source

So, What Exactly is a Franchise Broker?

A franchise broker is simply someone who acts as a liaison between franchisors and franchisees. He gets the two parties together and has the sale of a franchise as his ultimate goal.

Empirebb.com compares a franchise, or business broker to a real estate broker because, essentially, a business broker does the same thing. The only difference is that instead of selling houses, the franchise broker is selling businesses. He assists the seller in preparing the business for sale and also prepares and delivers necessary documents. He will facilitate the closing of a deal and earn a commission on each sale.

The franchise broker’s knowledge of available business opportunities can greatly aid you in your own search.

Some Functions of Franchise Brokers

Empirebb.com provides this list of the various roles of a business broker:

• Listing businesses available for sale
• Assisting owners in the appraisal of their businesses
• Gathering and/or requesting all the relevant documents for the sale of the business
• Producing description sheets, which promote the businesses
• Promoting those franchises which he has listed
• Guiding/qualifying prospective franchisees
• Acting as an intermediary between franchisor and franchisee
• Setting up contacts for both parties with professionals such as lawyers and accountants who will be instrumental in completing the sale
• Assisting both franchisor and franchisee throughout the sales process

Well, What About a Franchise Consultant?

A franchise consultant provides professional advice to entrepreneurs interested in franchising. USfranchisenews.com suggests a list of things you, as a potential franchisee, should expect from a professional franchise consultant.

This list includes matching you with a franchise that will best suit your individual needs based on finances and personality. The consultant should find, within your selected industry, a franchise with a “creditable track record.” You should be advised by the consultant of what a particular franchise agreement will expect of you, so you can make comparisons through your own research. A consultant should assist the prospective franchisee in acquiring all pertinent information about a franchise and explain how you can research the franchise on your own. Finally, the consultant should aid in the review of legal documents and help you understand various financing options.

And What are the Advantages of this?

You might ask what the advantage could be in paying for this type of advice. After all, you are capable of doing research on your own. Well, there are many benefits associated with the acquisition of professional knowledge.

Starting a franchise—or any business—is a monumental decision that requires many cogs to work together in one machine, and, frankly, seeking the advice of an expert in the field just makes good sense.

The use of a franchise consultant will also exponentially increase your chances of locating that one business opportunity that is just perfect for you. A professional consultant will be well-acquainted with the plethora of opportunities available. And, with business opportunities ranging from investment-only to part-time ventures to even multiple unit chains in industries ranging from fast-food to retail sales to tax preparation, the expertise of a franchise consultant could greatly reduce the time you must personally spend researching to find the best fit. It just means you’ll be opening the doors of your own business that much quicker.

All this being said, there are a few factors to consider when choosing a consultant or broker. First, a potential franchisee should bear in mind that other than factual information such as financial data or litigation history, all the advice provided by a professional will be subjective. This means that you should consider the philosophies of a franchise consultant and whether they coincide with your own.

For example, some consultants may believe that the product itself is the key to success, so a franchise that offers a product or service in high demand will be an automatic success; however, a different franchise consultant might truly feel that brand awareness is the best indicator of future success and so advise you to seek out a well-known franchise.

Therefore, as a prospective franchisee, you should evaluate your own philosophies about the keys to success in business, so you can make an advantageous selection when it comes time to choose a franchise broker or consultant.

This way, you assure yourself that your broker or consultant will be presenting you with business opportunities with a strong potential to be a good match for you.

And remember that success in franchising is measured by reaching your personal goals within your personal timeframe. It isn’t necessarily based exclusively on profits.

A good franchise broker or consultant will weigh all the elements of your personality, needs and unique desires in order to locate a business opportunity that will be rewarding to you in each of these areas and exhibit the best possible potential for allowing you to achieve your business goals.

Source: Franchise Gator

What is a franchise consultant?

Basically, franchise consultants help negotiate deals between franchisors and potential buyers. These advisors provide benefits to both the parent companies, as well as to prospective buyers. For the potential buyer, the consultant can help refer you to opportunities specifically geared toward your own personal interests and desires. For the franchisor, the consultant can help by referring both appropriate and qualified prospects.

Creating Your Profile

One of the first things a franchise consultant will do is to assemble a detailed profile for any and all prospective businesses. This profile is compiled in order to match the franchisee with the most suitable business opportunities and will consist of the client’s experience, interests, goals, financial situation, qualifications, and any other information that will enable the advisor to find the most suitable opportunities for that particular buyer. Candidates are questioned at length to determine what type of businesses they are interested in and to determine what types of businesses best fit their profile.

What are the advantages to using a consultant?

A qualified and trusted franchise consultant can be your greatest resource when deciding to delve into this branch of the business world. These expert counselors provide expertise and guidance throughout the entire process. They can help you decide whether or not you yourself should consider purchasing a franchise, and, should you decide to purchase one, how to go about doing it. An experienced specialist will help you understand the pros and cons of owning your own business, and can recommend opportunities based on your own personal lifestyle and business goals.

In addition, franchise consultants can provide you with education pertaining to the various types of ownership, investment options, costs, fees, financing options, training, etc. Another advantage to using a business mentor is the fact that an experienced guide will initiate communication with franchisor company representatives, allowing you to get your foot in the door. From this point, your advisor will provide you with ongoing support throughout the entire transaction and will answer any questions you may have.

Source: FranNet

A franchise broker markets the franchises of a specific group of companies. Like a car salesperson, a franchise broker gets a commission for every successful franchise sale. If you are seriously looking for your own franchise, you will eventually encounter a franchise broker.

Broker Vs. Consultant

A franchise broker will be able to offer you a treasure trove of information regarding those franchise companies he or she represents. This information will probably not be available from anywhere else, including a franchising consultant. A good franchise broker will be able to confirm or contradict the accuracy of what your franchising consultant has told you, but only as it applies to the companies whose franchises he or she brokers.

As with an automobile dealership and its cars, a franchise broker will represent only a small percentage of the franchise opportunities currently available. You may be qualified to become a franchisee of far more companies than the broker to whom you are speaking represents, but the broker will only receive a commission if you sign up with one of his or her companies.

So don’t expect to get anything resembling a full picture of the franchises available in your area and financial range. Another thing to remember is that the majority of franchisors do not work with a franchise broker, further limiting the pool of franchises to which a franchise broker can introduce you.

Verify, Verify, Verify

It will cost you nothing to consult with a franchise broker, just as it costs you nothing to visit a car dealership. Franchise brokers can be a very valuable source of information, but never forget that they are highly motivated to have you sign on the dotted line.

If a franchise broker seems to be pressuring you into committing to a specific franchise opportunity, it could be because he or she genuinely believes you are an ideal candidate for that franchise. But before you rush ahead, take the time to investigate all the other similar franchises in your area, and see if there is one which works better for you.

Your money and future are on the line, and you are far more qualified than the best franchise broker in the world to know where they will be best spent!

Source: Start Franchise Help