If you’re considering starting a franchise consulting business, now is the time to take action. The economy is growing more robust than ever after the slump brought on by COVID. NPR reports that the U.S. is experiencing its most substantial growth since 1984:
The U.S. economy expanded at a rapid pace in the first three months of the year, setting the stage for what’s expected to be the strongest annual growth in nearly four decades.
According to the Commerce Department, the economy grew at an annual rate of 6.4% between January and March as millions of Americans got vaccinated against COVID-19, and the federal government spent trillions of dollars to counteract the effects of the pandemic recession.
This boost is great news for businesses large and small, and many of them are already strategizing how to leverage the booming economy into growth. That’s where Transworld franchisees come in. They’re ready to help broker business deals and build franchise systems that will allow them to expand.
Franchising is Growing Along with the Economy
There’s never been a better time to start a franchise consulting business. In addition to the growing economy, the franchise space is also expanding – and has been for years. When it’s done right, franchising is a win-win for investors and franchisors alike. Investors can start their own business with a well-established model, support, resources, and a respected brand name – a much nicer prospect than going it alone. Franchisors are able to expand their brand without needing to invest as much capital in each location, and they enjoy a steady revenue stream from royalties.
As you can imagine, lots of up-and-coming businesses are interested in creating a franchise program. Transworld advisors are ready to help them do just that! Along these lines, many franchisors are looking to improve their programs and take them to the next level. Transworld advisors can help with that, too.
Don’t think you’re qualified to act as a franchise consultant? Don’t let that stop you from starting a franchise consulting business. Our training program is designed to get you up to speed on the details. Transworld is part of United Franchise Group (UFG), one of the leading forces in the franchise industry. For 35 years, we’ve been building up new brands, finding franchisees, and opening businesses worldwide. You’ll enjoy the benefits of our experience every step of the way.
Business Brokerage Services
In addition to franchise consulting, Transworld advisors also broker the buying and selling of businesses. The growing economy is good news for business owners who are looking to sell. Buyers know that there’s excellent potential today, which could spell opportunity for both parties. Transworld advisors help to connect buyers and sellers, facilitating great deals and simplifying the transition process.
As you can see, starting a franchise consulting business is a great way to go into business for yourself by leveraging the booming economy. Contact us today to learn more.