Who Is Our Competition?
Know Your Business’s Competition Before You InvestA key part of the research that you put into your franchise opportunity should include researching your business’s competition. There are several advantages to knowing about the businesses that will be competing against your Transworld franchise. For one thing, knowing which companies in your area provide the same services that you do will help you develop a successful marketing and advertising strategy. Perhaps you can boast lower fees, more experience, better technology, a wider client base, and so on. Second, knowing about Transworld’s competition will help you decide if there is room in the market for your business. An area that is saturated with business brokers may not be a good fit for a Transworld franchise, so you may need to consider opening your business in a different area. Below are two major business broker franchises that you may be competing against as a Transworld Business Advisors franchisee. This is certainly not a comprehensive list of all business brokers that Transworld competes against. It is integral to your research that you find out what business broker franchises and companies are competing in your area. Being prepared and having a full understanding of what your Transworld franchise will be up against is the best way to know how to move forward.
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Sunbelt Business BrokersFounded in 1979, Sunbelt Business Brokers expanded to multiple locations starting in the 1990s. Since then, many locations have opened across the United States and even internationally. Sunbelt Business Brokers franchise owners have an initial investment of as much as $110,000, compared to Transworld’s maximum initial investment of $81,000
Murphy Business and Financial Corp.Since 1994, Florida-based Murphy Business and Financial Corp. has been helping business buy and sell. They have less than 200 locations across the nation and are currently assisting in business brokerage as well as advising, valuing, and assessing businesses. Murphy Business and Financial Corp. is not currently ranked by Entrepreneur.
In this episode of Francoach, they welcomed Ray Titus, CEO of United Franchise Group, to the show this week. Ray has decades of experience in franchising and in this conversation he and FranCoach’s CEO, Tim Parmeter, take a deep dive into the history of franchising,...
United Franchise Group Brands Selected to the 2021 Franchise Gator Top 100, Fastest Growing and Emerging Franchises Lists
WEST PALM BEACH, FL, March 01, 2021 /24-7PressRelease/ -- Franchise Gator has recognized three of the United Franchise Group brands to their Top 100 Franchise List for 2021, including Signarama (#36), Transworld Business Advisors (#63) and Fully Promoted (#86). This...
Maybe you’ve never considered opening a business brokerage franchise, but we think you should. We Make Owning Your Own Business Possible Owning your own business is challenging, but it's also rewarding. You get to influence the direction of your business, and you have...