Buying a franchise sounds exciting & financially rewarding. And it can be if you have the right advice. Here are 3 reasons to consider using a franchise broker when buying a franchise.

What is a Franchise Broker?

A franchise broker is someone who works with potential franchisees, helping them through the process of selecting a suitable franchise to invest in.

A good franchise broker will have extensive knowledge of the franchising industry locally, nationally and, in most cases, even internationally. Along with in-depth knowledge on franchising, a good broker will also be familiar with, and work with, a vast range of franchise businesses across a wide variety of industries.

The role of a franchise broker is to bridge a smooth gap between potential franchisees and their ideal franchise business. Matching a new franchisee to the right franchise business is key to the success or failure of a new business venture.

“It isn’t just about picking a franchise based on price, reputation or industry,” says Derek Cafferata, CEO and President of All State Franchise Finders, one of the country’s leading franchise brokers. “An individual’s personal, lifestyle, career and retirement goals also need to be considered in the buying process, along with a huge number of other factors.”

Franchise experts like Derek Cafferata and his team at All State Franchise Finders (ALLSTATEFF.COM) offer a potential franchisee a long list of benefits when looking to purchase a new franchise unit. And here what we consider to be the top three reasons.

Three Reasons to Use a Franchise Broker

Firstly, good franchise brokers will have many years of experience in the franchising industry. They will have seen ups and downs in the economy and watched this ripple effect into the franchising industry as a whole, as well as various industries and specific franchise companies. Not only will they offer experience about the franchise industry as a whole, but they will also be very knowledgeable on a large number of franchise businesses.

Secondly, a good franchise broker is able to help potential franchisees choose the right business for them. Franchise experts like ALLSTATEFF.COM are great at looking at a person’s profile, current financial position, previous career history and future goals to help people narrow down their options in order to make the right decision.

A smooth, low-pressure purchasing process is key to setting up a new franchisee for success, the third reason why franchise experts recommend using an experienced and highly respected franchise broker when buying into any franchise. “Dealing directly with the franchisor can be a little intimidating for some,” says Derek. “A potential franchisee needs to feel free enough to analyze, question and study the franchise he or she is considering.”

The role of a franchise broker is to help create a successful win-win business relationship between franchisor and franchisee. The best way to achieve this is to ensure the franchisee buys into the most suitable franchise to suit him or her.

ALLSTATEFF.COM – The Franchise Experts

ALLSTATEFF.COM represents more than 250 of the country’s best franchise businesses. The team’s vast experience means you can rest confidently in the knowledge that you will receive sound business advice and hands-on assistance in order to choose the right franchise to meet your personal and financial needs.

If you are interested in becoming a franchisee or just have a few questions, please feel free to contact the franchising experts on 1-800-544-2161 or visit ALLSTATEFF.COM today. All State Franchise Finders are your franchise experts.