Thanks to our franchise consultancy training, your lack of industry experience doesn’t have to be a barrier to opening your own business. Transworld has a franchise opportunity for people who want to start their own business in a booming industry with low overhead costs and low initial investment.
We realize that most people who are interested in opening their own business may not be experienced in franchise and business consulting. For example, if you’re just finishing school, you likely have minimal experience in this industry. And even if you have experience in one area, you might not have extensive education in the other.
But before describing how our comprehensive training program sets every Transworld business advisor up for success, let’s break down the four main areas of business they perform: franchise consulting, franchise development, business brokerage, and mergers and acquisitions.
What Is Franchise Consulting?
We represent franchises from a variety of different industries and investment levels. Our franchise consultants work with clients who are looking to buy a franchise. They take into account an investor’s background, interests, and finances to find the perfect franchise for them. When our consultants make a successful match, they earn a referral fee between $10,000 to $20,000.
What Is Franchise Development?
Transworld business advisors help business owners franchise their businesses. They help clients determine if their expansion concept is viable and assist them with everything from drafting their Franchise Disclosure Document, generating leads, qualifying prospects, and training them in everything from how to advertise to how to build infrastructure in order to support a franchise’s growth.
What Is Business Brokerage?
At Transworld, our advisors believe in building long-lasting relationships with their clients, aiding them in every step of the buying and selling process for both buyers and sellers. The sale of a business is the process of buying and selling an entire company, from its assets to its liabilities. To make this happen, Transworld business advisors help clients determine a fair market price for their business, ensure their finances are in order, negotiate prices, and arrange escrows and sale closings.
What Are Mergers and Acquisitions?
Merger and acquisition is a term that describes the strategic process of buying and selling businesses and their assets. An acquisition is the purchase and transfer of ownership of a company, either by another company or person or by buying out the existing shareholders. A merger is the joining together of two or more companies into one. Transworld’s dedicated team of merger and acquisition experts works with our business advisors to help clients grow the size and profitability of their business and ensure a smooth and successful transition.
About Our Franchise Consultancy Training Program
Transworld’s two-week training program is designed to give new franchisees the tools they need to become successful in the above four business areas regardless of their business backgrounds. During training, our new business advisors learn about the brokerage process and how to help buyers and sellers get the best deal. They also learn about franchise consulting and development, as well as how to work with customers. The training is extensive because we assume that our new franchisees have little industry experience and have never owned a business before.
Are you interested in learning more about our training in franchise consultancy and how you can become a Transworld business advisor, contact us today!