Friday, March 20, 2009

Franchise Brokerages - The Smart Choice in Small Business Opportunities

For many entrepreneurs, one of the hardest parts of purchasing a franchise business can often be the simple act of deciding which franchise to go with. It sounds like a small step in the process, but it’s the part of the process that costs the most money and the one decision that everything else rides on, so it makes sense that it could stir a little trepidation and indecision in the heart of even the most determined entrepreneur. There are probably as many different ways of getting around that uneasiness as there are different people who have to do it, but one of the easiest is just visiting a franchise consultant.

Franchise Consultants Are Your Friend

Much like having a good friend to help you walk through a major life decision, working with a franchise consultant is an excellent way to wade through the stressful decision of choosing a franchise opportunity, because the consultant can help you see things from another perspective. Though that may beg the question as to why a person would need a consultant’s perspective as opposed to simply a friend’s, there is good reason to get both. A friend’s counsel in the purchase of a small business is helpful because he knows you, your strengths, and your weaknesses, and can tell you whether certain business types are a good idea for you, but his understanding of the franchise world is most likely limited. On the other hand, though a franchise consultant doesn’t have a longstanding relationship with you, his knowledge of franchises far exceeds both yours and your friends’. With a small battery of questions, he can get enough of an understanding of you to get you on your way toward the business that’s got your name on it.

If you’re at a loss for what business purchase is the right choice for you, there are people to help you. Three big names in the franchise consultation are Franchoice, MatchPoint, and MyFranchisePath.com.

Having helped thousands of clients so far, Franchoice is one of the world leaders in the industry: they provide free initial consultations, only require that clients have at least $100,000 net worth and $20,000 to invest, and seek to understand you as a person as well as they understand their franchises. Similarly, MatchPoint consultants are not concerned with making sales, but rather with connecting clients with the best franchise businesses for them. Their greatest tool is their special Heat Map Profiling System, which uses answers from a short test to analyze a client’s personality, skills, and preferences, matching them with the best possible business opportunities. Finally, MyFranchisePath.com is chiefly concerned with understanding their clients and their franchises as well as they can, in order to make great business matches. Both of these companies have professional consultants ready and willing to help you find the business that is right for you.

You Could Be A Consultant, Too

Talking to a consultant, though, may not be enough to help everyone find and purchase the small business that’s right for them. In truth, some may not actually find the right franchise opportunity, but others may find that what they really want to do is the very thing their consultant is doing for them.

Should that be the case for you, Franchise Consultant Network is the perfect opportunity for breaking into the home business world of franchise consultation. All you need is a longing to be your own boss, the genuine desire to help other people achieve their business goals, and a strong knack for interpersonal communication. And having no previous knowledge of franchises and franchising is a non-issue, because the franchisor can teach you everything you need to know as long as you want to learn. There are many perks to the business, one of the greatest being the seemingly limitless potential for obtaining clients. Another great benefit of this business is that it’s a fully home based business: with only a laptop and a phone, any franchisee is ready to go. And finally, there is money to be made in this industry. In fact, some work from home Franchise Consultant Network franchisees have reported earnings of over $100,000 in the first year.

Whether you’re looking for the right business and need to seek some counsel in regard to that decision or you know exactly what you want to do, and helping others toward the businesses of their dreams is it, franchise consultation is the way to go. In either case, calling up and getting a free consultation from a franchise consultant may be a good idea. You can either get some wisdom regarding business opportunities in an array of fields or learn something from a person who’s already doing what you want to.

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