Franchise Business Consultant Facts
If you want a quick rundown on franchise consulting, consider these compelling facts:
- Independence: Franchise Consultants are in business for themselves. They have the freedom to decide how much, when, and where they work, offering a flexible and self-directed career.
- Effort-Driven Success: The success of a franchise business consultant depends on the effort they put in. Hard work and dedication directly impact their achievements.
- Booming Industry: Franchising is a thriving industry. According to the International Franchise Association (IFA), the total economic output of franchised businesses is projected to increase by 4.2% to $860.1 billion in 2023, contributing significantly to the economy and representing 3% of the total GDP.
- Learning from Experts: By joining APFC, Franchise Consultants learn from the industry’s most experienced professionals and gain access to hundreds of top franchise brands.
- Pivotal Role: Franchise business consultants play a crucial role in the success of both potential franchisees and franchisors, facilitating successful franchise relationships.
- Extended Franchise Family: As part of an APFC, consultants work closely with fellow group members to ensure candidates find businesses that match their interests, background, budget, and desired lifestyle.
- Ethical Practices: Certified Franchise Consultants prioritize ethical business practices. All Franchise Consultants adhere to a Code of Ethics, ensuring integrity in all dealings.
- Industry Growth: Franchise Consultants have been instrumental in the industry’s accelerated growth. Franchise referral consultants are a major source of leads that turn into deals, significantly driving the industry forward.
By staying informed about the latest trends and maintaining high standards of professional conduct, franchise consultants contribute to the robust growth and development of the franchising sector.