About FranNet
About Us
FranNet matches people who want to be in business for themselves with franchise opportunities that fit them. When most people hear the word franchise, they picture fast food. The franchise world is much bigger than that, and a lot of the people we work with know they want to own a business but haven’t figured out what kind yet. That’s where we come in.
A franchise gives you a way to go into business on your own with a structure already in place: a proven system, a process to follow, and marketing support behind you. We work with high quality franchisors on one side and people exploring ownership on the other, and our job is to make the best match possible between them. Some people have called us the Match.com of franchising, and that’s not far off.
The History of FranNet
FranNet was founded by Howard “Howie” Bassuk in 1987. Howie led the company for 19 years. When he was ready to step away, a group of FranNet franchisees bought the company and, in 2006, brought in Jania Bailey to lead it.
Today FranNet consultants work across North America, in every state and in Canada. We represent hundreds of franchise companies, and over the decades we have helped thousands of people find and buy a franchise. More than 30 years of history also means more than 30 years of data and experience on what goes into a good match.
Every FranNet client gets our Client Bill of Rights, along with the knowledge, resources and guidance it takes to work through the franchise process with confidence. Our consultants care about the outcome. It’s never just about a sale.
FranNet also feels like a family. Franchising is a tight knit industry where people know each other and friendships last for years, and the franchisors we work with are part of that family too. It all starts with integrity. If you treat people the way you want to be treated, everything else falls into place. FranNet has been named to the Inc. 5000 list of fastest growing private companies six times.
Our Core Values
We ensure quality service by holding ourselves to the following core values:
Integrity
Do the right thing, every day, every time. No amount of money is worth betraying a trust.
Forward Thinking
Be more uncomfortable with the status quo than with the prospect of change.
Self-Starters
Strive to be leaders, not followers.
Problem Solvers
Confront problems head-on and find solutions.
Customer Focused
The #1 goal is always customer satisfaction. Anything less than providing the best possible client experience is unacceptable.
How Does FranNet Franchise Consulting Work?
Our team of experienced consultants has the knowledge and insight needed to guide our clients through the entire process of franchise ownership, from the initial research to signing the franchise agreement. Our consultants consist of past and present franchisors, franchise executives, franchisees, regional and area developers, and other business professionals.
At no cost to you, a FranNet consultant is your one-stop-shop for all franchise information. Because we work with a wide range of franchisors across various industries, we can help you find the perfect fit for your personal needs and goals.
Our services include:
- Comprehensive Education
- Matching Opportunities
- Funding Options
- Business Plan Development
- Legal Assistance
- Ownership Transition
We believe the more you know, the more likely it is you will succeed as a franchise business owner. Our FranNet consultants will use their expert knowledge and access to a comprehensive network of franchisors to help you fulfill your dream of business ownership.
What is a “FranNet Verified Brand”?
FranNet has hundreds of verified brands you can choose from in your local market. Each brand goes through a thorough vetting process to ensure it meets our standards. Here’s a summary of that process:
Review of the Franchise Disclosure Document (FDD)
We’ll review the FDD to ensure it’s transparent and provides potential franchisees everything they need to make an informed decision.
Financial Review
We’ll evaluate financial statements, tax returns, and other financial documents to determine if the franchise is financially stable and has a history of success.
Legal Review
We’ll look for any legal issues or disputes that could impact a franchisee’s investment.
Marketing Materials Review
We’ll review the franchise’s marketing materials to make sure they are accurate and don’t include any misleading claims.
Interviews with Franchisees
We want to get a sense of current and former franchisees’ experience with a company. We’ll ask about their level of support, profitability, and overall satisfaction with the franchise.
Interviews with Executives
We’ll speak with executives of the franchise to get a sense of their leadership team and vision for the franchise.
Final Evaluation
If the franchise meets our high standards, then we’ll designate it as a “FranNet Verified Brand” and recommend it to prospective franchisees.
Using An Experienced FranNet Consultant is 100% Free to You
Similar to a real estate agent that receives a commission from the seller, FranNet receives its broker fee directly from the franchise you buy, which means you don’t pay a dime for our services. And because franchise sales and fees are federally regulated, there isn’t a price mark-up when you use a franchise consultant.
Bottom Line
Utilizing FranNet’s expert franchise consulting team is absolutely free for you, no catch involved. You have nothing to lose and everything to gain!
Not only are FranNet’s services free, but they are backed with more than three decades of experience and trust. Beyond that, FranNet’s impact in the industry includes:
- 16,000+franchises sold
- 70individual broker consultancies
- 50 states& five Canadian provinces covered
Schedule a free Consultation
We have the knowledge and experience needed to successfully start your journey of franchise ownership.