Franchise Consulting Business Success Stories [2024]
Franchise consulting can be a game-changer for those with a knack for strategic thinking. This business involves offering expert advice to individuals or companies looking to explore franchise opportunities or optimize existing franchise operations.
By deeply understanding franchising models and market trends, you'll help clients navigate the complexities of franchise systems, ensuring they make well-informed decisions. Your primary responsibilities will include market analysis, financial planning, brand evaluation, and regulatory compliance. Essentially, you’re the bridge between franchisors and potential franchisees, streamlining their journey.
Launching a franchise consulting business requires more than just industry knowledge. Building a strong network and marketing your services to potential clients are crucial steps. Online platforms and social media can help establish your presence.
If you’re looking for a business idea that leverages expertise and offers diverse opportunities, franchise consulting could be a rewarding option. It combines advisory excellence with tangible outcomes, making a real difference in clients' business ventures.
In this list, you'll find real-world franchise consulting business success stories and very profitable examples of starting a franchise consulting business that makes money.
1. Busch Global ($12M/year)
John's passion for entrepreneurship and business growth motivated him to create Busch Global first as a franchise and a development partner. His early successes demonstrated the potential of franchising, inspiring the business idea.
How much money it makes: $12M/year
How much did it cost to start: $20K
How many people on the team: 0
This case study follows the founder of Busch Global, a uniquely oriented franchise sales organization, as he details how he transitioned the company to focus on growth and networking, and offers advice for aspiring entrepreneurs looking to find success.
2. Angela Cote Inc ($1.2M/year)
Angela Coté came up with the idea for her business, AC Inc., after spending over 25 years in the franchise industry and realizing there was a need for a fresh and progressive approach to coaching franchisors. She used her expertise and empathy from being on different sides of the franchise relationship to provide actionable advice, and through networking and offering valuable services like the AC Roundtables during the COVID-19 pandemic, she attracted and retained loyal clients.
How much money it makes: $1.2M/year
How much did it cost to start: $10K
How many people on the team: 5
Angela Coté Inc, a franchise advising and improvement company, shares their success story of using their signature method, The AC Method, which has already helped over 5500 franchisors in just 3 years, through refining their offerings, building trust with their clients, and taking imperfect action.
3. My Franchise Partners ($120K/year)
Andrew Hoffman came up with the idea for My Franchise Partners after exploring various business opportunities and being drawn to the franchise world. With his background in finance, operations, and business development, he saw the potential to help entrepreneurs make informed decisions and find the right franchise for them through in-depth research and analysis. His focus on delivering outstanding service has allowed him to grow his business through referrals and collaborative partnerships.
How much money it makes: $120K/year
How many people on the team: 2
Andrew Hoffman founded My Franchise Partners, a $15-20K/month consulting agency helping individuals to educate themselves before investing in a franchise, using in-depth research, analysis, and due diligence to match franchise options at all investment levels and in every industry.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.