8 Reasons To Use A Franchise Consultant

8 Reasons To Use A Franchise Consultant

8 Reasons To Use A Franchise Consultant

When looking at buying a franchise most people will consult an attorney or a CPA or both. However there is one other professional that can help locate the right franchise for you and that is a franchise broker or franchise consultant. A franchise consultant can help find franchises that meet your needs or even help you find a franchise that you may not have known about before. Additionally, a franchise consultant can provide the prospective new business owner guidance throughout the entire process. Listed below are a few reasons to use the services of a franchise consultant.

1. The services of a franchise consultant are free to the prospective franchisee. The franchiser covers the consulting fees and the use of a franchise consultant does not add any additional cost to the franchise. The prospective franchise owner pays the same published price for the franchise regardless of if they use a franchise consultant or not. The franchise consultant helps franchisers by bringing them qualified prospects and saves them time and money, so it is a win win situation for everyone..

2. The consultant works hundreds of franchises, in dozens of different industries, including full-time, part-time, new units, and re-sale franchises.

3. A franchise consultant compiles a profile of the prospective franchisee that includes your experience, interests, and goals in order to match you with the best opportunities.

4. They can assist you in looking at various types of financing options.

5. Investigation into the most suitable opportunities that are available is done by the consultant.

6. The initial contact with the franchise representatives is part of the service.

7. The prospective franchise owner saves time and money and aggravation by having the consultant perform research on franchise opportunities.

8. The franchise consultant works with the prospective franchisee through the entire process. The consultant not only helps you locate potential franchises for your review, but they also contact the franchise on your behalf, help you locate information in the Franchise Disclosure Document (FDD) and help you prepare for your discovery day visit to the franchise, if you get to that point.

Overall, a franchise consultant will help you determine if franchising is right for you and what type of franchise best suits your experience and interest.

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