Guidance and resources for franchising goals
Transworld has a dedicated franchise consulting services for individuals looking for a more efficient, effective way to research the franchising realm. Our free consultation enables us to meet you, and understand your goals. Not all two businesses or franchises are alike; this process is custom-tailored to the type of business you dream of franchising.
We will get to know you and your goals. We will take into consideration your business background, skills, hobbies, and investment level. Our franchise consultants are on call to help you identify the franchise that best fits your needs, experience, and business requirements.
Whether it is food, home-based, automotive, sign, or senior care, we will be able to provide you with franchise information on the selections that meet your criteria. Perhaps a home based company is a better fit for you. Search based on your criteria, and see only what fits your needs.
If growth is one of your business goals, and you believe franchising is answer to achieving that goal, collaborate with Transworld’s franchising consulting team to ensure your visions can align with reality. Our team will provide you with guidance, resources, and support as you seek to obtain your franchise goals.
Have more questions? View all of our franchising FAQs at the link below.
The term Franchise is part of our daily language but what does it really mean? It is a right or license granted by a Franchise Company to a business to use the Company’s name to sell its products or services in exchange for an initial franchise fee and ongoing royalties. Franchise Companies invest hundreds of thousands of dollars in some cases to develop a strategy to gain huge market share! Although Franchise Companies account for only approximately 10-12% of all retail and service businesses. They receive almost 50% of the retail and service dollars spent in the United States annually. Franchise Companies have sales of over 1 trillion, 500 Billion and are growing!
Royalties are the magic that make the formula work. What would it cost you to hire a management, marketing, training and customer support team? The answer is a lot more than a typical owner would ever spend! The vast majority of royalties are only between 4% and 8%. A franchisor provides you with ongoing knowledge, assistance and support so you can reach your financial goals! It’s worth it!
A study conducted by the International Franchise Association pinpointed the typical franchise buyer. Franchise buyers will come from all walks of life, educational and economic backgrounds, although some of the typical traits are the following:
Talk to one of our Advisors today about next steps.
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Whether you are a business owner looking to sell your company, or represent an acquisition-minded corporation, or are personally interested in owning your own business, we can help you.
3800 American Blvd. W. Suite 760
Bloomington MN 55431
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