At Transworld Business Advisors, we have a unique business model that helps position us as a world leader in the business brokerage industry. Our successful business model has allowed us to soar to new heights, propelling our company to be ranked #1 in the business brokerage industry on the Entrepreneur Franchise 500 listing.
Here are a few reasons that make our business model so great:
High Profit Potential Through Multiple Revenue Streams
A Transworld Business Advisors franchise combines three successful industries and profit centers into the same business model – Business Brokerage, Franchise Consulting, and Franchise Development. Although these are three separate industries, there is significant overlap and synergy between each.
There are other franchises that offer a business models built around only one of the profit centers, but why choose one when you can get all 3 with Transworld!
A business broker is an impartial third party that works with the buyer, the seller, or with both sides of a business sale and helps coordinate the deal. Typically, business brokers make anywhere from 10-12% of what the business sells for.
What differentiates Transworld Business Advisor is we consider people the number one priority over any deal. Creating lasting relationships with your clients is incredibly important to the success of your business. In many cases, though, you’ll find clients who have had less than favorable experiences with brokers in the past. You may hear feedback like:
• Brokers don’t care about the customer as much as the deal
• Brokers don’t assist in educating buyers and sellers
• Brokers only care about listings and will “burn through” buyers
A few things Transworld Business Advisors franchisees pride themselves on are:
• Teaching clients how to prepare their business for a sale
• Teaching sellers about the sales process
• Helping both buyers and sellers know the value of a business
• Teaching sellers how to confidentially market the sale of their business
The last point is key. Confidentiality is crucial in a business sale, because employees, customers, and vendors can lose faith in a business if they know it is changing ownership. To keep the business successful and the transition smooth, confidentiality is key.
The next profit center is franchise consulting. This is where you assist clients who are looking to buy a new franchise. When you join the Transworld team, you will have the opportunity to represent more than 300 different franchise concepts from various industries at various investment levels. From day 1, you will have a tremendous inventory to offer your buyers no matter what they are looking for. Some of the ways you help match you clients with the best franchise for them is based on their:
• Investment levels
If the match proves to be successful, a referral fee of $10,000 to $30,000 will be paid to you for assisting in this process!
The final profit center is franchise development. These potential clients are not necessarily looking to buy or sell their business; they likely have a concept or actual business that they would like to grow through franchising. You will work in conjunction with our Development team to help these entrepreneurs turn their business or concept into a franchise.
As with franchise consulting, franchise development incorporates incentives. Successful matches could result in referral fees of about $20,000.
Transworld Business Advisors is a low-cost franchise opportunity, with a low franchise fee of $49,500 and no inventory or equipment to purchase and maintain. The business can also be run by a single owner, if desired, virtually eliminating the costs associated with staffing and payroll.
Franchisees create their own work schedules and can work from any location they desire. The business is mainly run using online communication tools and a telephone, so franchisees have flexibility in where, when, and how they work. This allows franchisees to put family first and fulfill outside obligations easily while effectively running a Transworld Business Advisors franchise.
Strong Supportive Network
Transworld Business Advisors franchisees have access to a strong support network, in addition to the resources that are provided to operate the business. With over 40 years of operational experience, Transworld Business Advisors staff and franchisees offer a wealth of knowledge and successful concepts to draw from. That, paired with United Franchise Group’s nearly 40 years of franchising expertise, means that Transworld Business Advisors franchisees are never alone.