How Do You Buy Or Sell A Franchise With A Franchise Broker?
Whether you’re thinking of buying or selling a 7 Eleven, a Quizno’s, or another franchise, you face a confusing market of thousands of franchises for sale. Franchise brokers (also called franchise consultants) may be a great resource to you. Step 1 Consider what a franchise broker has to offer. Brokers are paid a commission after a franchise sale by the seller. They usually represent hundreds of franchises. Brokers can help buyers by serving as a resource of information on available franchises and steering them away from bad franchises. Brokers can help sellers by presenting qualified leads in a very competitive market. Step 2 If you are a buyer, consider whether you need a franchise broker. In most cases you have nothing to lose by speaking with a broker while you are looking for a franchise opportunity. If you know what you’re doing or are committed to a specific franchise, you probably don’t need a broker. If you do use a broker, keep in mind that like a real estate agent, the broke
