Whether you’re asking yourself things like “what is a business broker anyway?” or you’re well-versed in the jargon of business brokerage and franchising alike, the question of revenue always comes up in franchise investment conversations. And for good reason! Leaving a steady income with reliable work hours to run a business on your own may feel unpredictable and you must consider your financial obligations as well.
At Transworld Business Advisors, we understand that all too well. That’s why we keep our investment straightforward and simple, including how our franchisees bring in revenue.
How Does a Business Broker Earn Money?
A business broker with Transworld Business Advisors earns money through three main revenue streams:
- Business brokerage
- Franchise consulting
- Franchise development
Through our expert training and ongoing support, each of these revenue streams will be available for you to capitalize on as a franchise owner.
What is a Business Broker?
Business brokerage is facilitating the purchase or sale of a business. As a business broker, you will be the person who connects buyers and sellers, guides them through the process, and aids in a seamless sale. Using the Transworld Business Advisors network, you will be able to match buyers and sellers with greater ease than if you were starting a business brokerage firm on your own, making the business brokerage side of your Transworld franchise an important source of revenue.
In general, business brokers can expect to earn 10-12% of each business’s sale.
Franchise Consulting
When a person is seeking advice regarding investing in a franchise, they will come to you to find them a match. A key part of franchise consulting is networking, and Transworld Franchisees have an immediate network through the Transworld Business Advisors team. You will be able to show a prospective investor over 300 different franchise concepts from the moment you open for business.
If you match an investor to a franchise, you could be paid a referral fee of $10,000-30,0000.
Franchise Development
Franchise development is an exciting revenue stream for franchisees because it allows you to be at the beginning of something exciting. When an entrepreneur, business owner, or idea man is looking to turn their concept into a franchise, growing the business into a franchise network, you will be able to use the tools and training at your disposal to help make that happen.
A successful match can result in referral fees around $20,000 each.
A Low-Cost Investment
Not only can Transworld franchisees capitalize on three distinct revenue streams, but your operational costs remain low as well. With no inventory, no equipment, low overhead, and a small franchise fee, franchisees are set up for potentially limitless growth! Capitalizing on these three revenue streams gives you the unique opportunity to run a multi-faceted business with less of the guesswork.
Asking yourself, what is a business broker? Find out here. Ready to take the plunge? Check out our target markets and contact us for more info on investing.