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Understanding Fees and Costs When Using a Franchise Broker [Part 12 of 13]
Understanding Fees and Costs When Using a Franchise Broker
In this video, Beau and Amanda answer the question about how fees and costs generally work when working with a franchise broker.
Amanda explained that their services are free for the client, as their fees come from the franchisor's marketing budget.
They have contracts with over a thousand franchises and are paid by the franchisor once a deal is closed or a franchise is found for the client.
The cost to the client is the same whether they work independently or with a broker.
Amanda & Beau have collaborated on a training program for entrepreneurs who want to learn more about owning a franchise called Fran University (https://franuniversity.com). Go there to register for free training.
Timestamps
[00:20] The fees come from the franchisor's marketing budget
[00:26] Franchise Brokers Association has relationships with over a thousand brands and franchises
[00:40] If you are doing your own research or not, the franchisor has to pay once the deal closes
[00:53] The cost is the same whether you are working independently or with a broker
[00:57] Go to franuniversity.com to learn and succeed as a franchise owner
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
💥 Thanks for watching 💥
#FranchiseBroker #franchisebusiness
About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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