The business brokerage industry is thriving now more than ever before as baby boomers who wish to retire sell their businesses and entrepreneurs looking to own their own businesses are able to secure funds, thanks to the recovering economy. Transworld Business Advisors franchisees are able to capitalize on the business brokerage industry, while also realizing revenue from the thriving franchise industry.
Business Brokerage Is a Growing Franchise Industry
In 2014, the franchise industry was a $3.96 trillion industry. The franchise sector is expected to contribute three percent to the U.S. GDP in 2016.*
Franchising dominates every industry that gets into it and has continued to create jobs at a faster pace than the rest of the economy for five consecutive years. Transworld Business Advisors franchisees help successful companies break into the franchise industry and help franchisors sell more stores, capitalizing on this steadily growing industry.
Zero Inventory and Low Business Costs
Another attractive aspect of the business brokerage industry is the low business costs associated with operating a zero-inventory company. While the healthy state of the industry increases profit potential, the costs to enter the industry and maintain the business are exceptionally low. Franchisees can expect to pay little for rent, a percentage of sales for royalties, and a monthly fee to maintain the technology and marketing that fuel the business. The costs are much lower than most other types of franchises, while the profit potential is unlimited.
There are plenty of opportunities for profit in the Business Brokerage Industry. If a business owner is looking to sell, the consultant or broker has the advantage that they can list the business confidentially. This allows the existing business to run without interruptions from customers or employees that are wary of the sale, and keeps the value of the business high, which can translate to a larger commission.
This discreet system also benefits buyers, as employees and customers can be wary of new owners, making the deal more difficult. Both buyers and sellers reap the benefits of a system that matches them so well, and a smooth transition and good fit means an easier profit for the broker.
Transworld Business Advisors
Businesses that decide to franchise will benefit from consulting with Transworld Business Advisors franchisees. The company has years of experience and has developed a proven system for franchising that is extremely helpful when assisting clients in developing their own unique franchise systems and processes.
Entrepreneurs benefit from working with Transworld Business Advisors franchisees because the company works with more than 300 franchise companies, so a vast array of opportunities are presented at the best rates.
If you’d like to learn more about Transworld Business advisors, we encourage you to contact us today!