Buying, Selling, or Franchising: Why the Market Couldn’t Be Better

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There arguably never has been a better time to get involved in franchising, and one terrific way to do so is by becoming a business advisor.

Here’s a closer look at why franchising with Transworld Business Advisors could be the right move for you.

A Surging Industry

The franchise industry is a $3.96 trillion industry, with franchises being bought and sold practically every day. Businesses rely on franchise consultants to help them learn how to turn their existing businesses into franchises. Other clients rely on franchise consultants to help them find a franchise opportunity that’s right for them, or to sell an existing franchise. Whether they’re looking to buy, sell, or expand, franchise consultants play a valuable part in this surging industry. One of the best parts about the franchise industry is that it encompasses many different types of business: restaurants, promotional marketing, and family entertainment are just a few popular businesses that have enjoyed success in franchising.

business advisors Transworld

Other Business Brokerage Opportunities

Franchise or not, businesses are put up for sale practically every day. Businesses for sale rely on business brokers in order to find qualified buyers. Interested buyers rely on business brokers in order to find a business that would be a good match for their investment needs. Discretion is key in these transactions, as businesses don’t want their sensitive information to be made available to the public. That’s why Transworld has built up a strong reputation as a trustworthy business brokerage. Our training and support programs teach our franchisees everything they need to know about working in this business.

Low Inventory and Other Costs for Franchisees

One of the greatest benefits of franchising with Transworld is the relatively low-cost investment. Many of our franchisees are able to conduct their business from home, with meetings at their clients’ places of work. If you have the space and inclination to create a home office, there’s no reason why you should pay the high costs associated with lease agreements, so long as you’re willing to rent an executive suit or office on occasion as needed for client interaction. Even with that, not needing to buy or lease an office space helps maximize profits by taking advantage of this low-cost opportunity to enter the business brokerage industry.

As you can see, there’s never been a better time to look into joining the business advisors and franchise consultants at Transworld. The surging industry, diverse market, high demand for business brokers, and low inventory costs are just a few reasons why now is a great time to invest. If you have any questions about franchising with Transworld, don’t hesitate to reach out to us today.

Frequently Asked Questions

How many business brokers are there in the United States?

Industry estimates place the number of active business brokers at roughly 18,000 across the country. With approximately 33 million small businesses operating in the U.S., that ratio leaves significant room for additional brokers in most markets. Compare that to real estate, where the agent-to-homeowner ratio is dramatically higher.

Why is demand for business brokers increasing?

The primary driver is the retirement of baby boomer business owners, who own a large share of the country’s small and mid-sized companies. Combined with growing interest from younger buyers looking to acquire rather than start businesses, and the increasing complexity of business transactions, the need for qualified brokers continues to grow.

Is it hard to break into business brokerage as a new broker?

The learning curve is real, and building a client base takes time in any relationship-driven profession. However, the barrier to entry is low compared to many other professional careers. Training programs, franchise systems, and industry certifications can accelerate the process significantly. The brokers who commit to building their networks and learning the craft tend to see results within their first year.

Does joining a franchise help in a competitive market?

Yes. Franchise systems provide training, brand recognition, technology, and referral networks that independent brokers typically spend years developing on their own. Transworld Business Advisors franchisees also benefit from multiple revenue streams and access to a global network of over 1,000 brokers. To learn more about the opportunity, request information here.