Are you looking for a career that allows you to work independently while helping others find their ideal next business opportunity? A lucrative and professionally rewarding job in an industry that continues to grow year after year? Allow us to introduce you to the field of franchise consulting. The franchise industry generated $787.5 billion for the U.S. economy last year[1], and FranServe, Inc.’s talented network of consultants played an important role in that contribution.
So, how does franchise consulting work? It is, essentially, an exercise in professional matchmaking. When aspiring franchisees are considering their next endeavor, they often need an advisor who can help them explore the world of franchise ownership. Franchisors, meanwhile, need a supply of high-quality prospects from a source they can trust to help them expand. Franchise consultants work to meet the needs of both parties.
Join the Growing Franchising Industry
From an economic standpoint, right now is an excellent time to become a franchise consultant. Small business ownership is hot, and because of the efficacy of the franchise model, the franchise industry is a huge driver of small business growth. In fact, the International Franchise Association (IFA) describes locally owned franchises as “America’s hidden small businesses, with 773,600 franchise establishments across the country.”
In early February, the IFA released its annual Economic Outlook Report on the projected health of the franchise industry for 2020. According to the report, franchising is expected to continue its trend of steady growth this year, outpacing that of that economy as a whole. This growth translates to more franchisors in need of qualified candidates to bring their business to new markets.
On the other side of the franchising equation, the baby boomer generation is primed for franchise ownership as a “second act” following retirement. One of the important considerations many of our consultants emphasize for clients is that franchising as an investment strategy—one that can be as active and engaging as the prospective investor desires. Franchises can also become family businesses, allowing the parent or grandparent to pass the reins to younger relatives as a future career.
In the midst of all this growth, the franchise consulting field is actually underserved nationwide. This is why consulting organizations like FranServe invest so much energy and so many resources into developing capable consultants—we know our consultants serve a valuable, necessary role in this booming marketplace.
Work for Yourself but Not by Yourself
Whether you are a veteran professional looking for a career change or an ambitious upstart ready to put your skills to work, independence in shaping your own business might top your list of priorities. Much like franchisees, franchise consultants can enjoy the unique career benefit of working for themselves while still enjoying the support of a larger organization.
As the world’s largest franchise consulting organization, FranServe provides its consultants with continuous support and resources to effectively grow their business. Our comprehensive training covers everything from operations and management to personal coaching and mentoring. Following the initial training, development opportunities continue with roundtable workshops, the FranServe digital communication network, and more.
When it comes to marketing, the idea of generating prospects might seem intimidating. But with access to powerful marketing tools like a customized professional website, high-quality marketing collateral, webinars, and prospect lead generation services, FranServe’s franchise consultants are able to quickly establish themselves in the market. All you need to bring to the table is a talent for organization and analysis, and a strong desire to help others.
Be Part of the World’s Largest Franchise Consulting Organization
When it comes to benefits, training, resources, and support, FranServe, Inc. is in a league of its own. With the industry’s largest number of contracted franchisors, FranServe works with nearly 600 franchise brands—including both established legacy companies and hot, up-and-coming concepts—across more than 80 industry categories.
Our family of franchising consultants is defined by integrity, growth, teamwork—and fun!
Whether you are looking for an exit plan from Corporate America, more control over your career, better work-life balance, or just something new, it’s worth learning more about this lucrative and flexible work-from-home career. Read about the many benefits of this phenomenal career opportunity or contact us today to get more information.
[1] Franchise Business Economic Outlook 2020, IFA