The International Franchise Association estimates there are over 3,500 franchise systems worldwide and over 2,500 franchise systems in the United States alone. Less than 15% of those franchise systems have more than 150 units; less than 3% have more than 500 units. By virtue of the fact that you clicked on this link you, most likely, are not in that top 3%, but would like to be…and may in fact have the potential to be! FranBiz principals have been there.
It's a well-known fact within the franchise industry that it takes approximately 100 leads to find just one worthy and ready buyer. Advertising costs have sky-rocketed, and the fierce competition for prominence on the internet has become a day to day grind. It appears that, with so many choices presented to them, buyers become confused and can't always remember who they have requested information from and who they haven't. Many franchisors will admit that the quality of leads has been disappointing and the cost to generate that single lead has become extremely costly. Attendance at franchise shows and, in particular, the financial capability of these attendees, leaves much to be desired. Unemployment rates, shareholder equity in the markets and hesitant bank lenders are definitely to blame. There are, therefore, fewer qualified franchise inquiries globally and many of the fastest-growing franchise organizations are reporting that their inquiries are down considerably. FranBiz believes that this economic environment will change over time but we have proven that there is still plenty of opportunity to find suitable franchisees today.
FranBiz understands that knowledge is power and first hand knowledge is power that can easily be shared. As prospective franchisees are potentially making, what could be, the most important investment decision of their lives, they need the most accurate, up to date and comprehensive data available. They need a clear understanding of what they need to do as well as what they think they want to do. They should peek into the realities of ownership before they invest. A few franchise companies, like McDonald's, actually require future franchisees to 
work in a restaurant for a year before they are awarded a franchise; wouldn’t it be ideal if everyone could get that experience? Understanding that this is not financially practical for most franchise prospects, FranBiz seeks to share as much inside information, as is legally possible, with our prospects. For this reason, it is the focus of FranBiz to own and operate individual units of each concept we represent. We feel that our investment in time and money (skin in the game) gives us an insider's perspective on the company and industry unavailable to outsiders. FranBiz therefore can provide prospective franchisees with unparalleled first hand points of view that are not normally available.
Our main office, which is located in Clearwater, Florida, will later soon be joined by offices in Ft. Lauderdale, San Diego and Phoenix. Offices in Boston, Charlotte and Toronto are scheduled to open soon as well. Our goal is to open an offices in the top 50 metropolitan communities in the United Stated as well foreign offices in franchise friendly countries throughout the world.
If you are a franchisor seeking professional, experienced assistance, representation in major communities and the commitment of financial involvement from folks who have the experience, dedication and know how to ignite your concept's expansion, then we welcome you to contact us at FranBiz today.