Louisville, KY (PRWEB) January 21, 2014
FranNet, long positioned as North America’s most respected leader in matching individuals with franchise opportunities, finished 2013 with a record breaking year and positions itself for further growth in 2014 with its international expansion strategy.
With more than 25 years of experience in representing the strongest North American brands, FranNet’s outstanding results in 2013 prove that they continue to successfully connect entrepreneurs with business opportunities. As the year progressed, industries experiencing the greatest traction included senior care and service-based businesses, with the expectation for these to continue to boom in 2014. FranNet consultants also witnessed a trend in franchisees looking for opportunities in semi-absentee retail business ownership.
FranNet has created an increasing number of franchise opportunities for foreign investors, with a growing number of foreign nationals and immigrants turning to the franchise industry as an avenue to live and work in America. By helping international clientele invest in American companies, the consulting company has also aided job growth across the nation.
In addition to working with foreign investors within the U.S. and Canada, FranNet also plans to create more business ownership opportunities across the globe. Having purchased the assets of FranNet Germany, the franchise consulting company will use the acquisition as a springboard for extending its reach to other European countries and Australia throughout 2014, before eventually expanding its services to the Middle East in the coming years.
“Many international and local franchises have indicated a strong interest in working with us to plant international roots worldwide. With our vision for the company, it makes sense for us to move forward by growing globally,” said Jania Bailey, FranNet’s President and COO. “The simple truth is the only way the global economy is going to improve is if more people are employed. At FranNet, we are committed to contributing to that growth through empowering entrepreneurs all over the world.”
Through a free educational and consultative process that includes a personal franchise assessment, FranNet consultants determine which potential franchisors fit that individual’s needs, budget and business goals. The accuracy of the FranNet process is in the numbers. FranNet surveyed nearly 1,300 franchisee placements that the company made between 2006 and 2010, years which defined some of the country’s worst economic conditions in 70 years. Of those placements, nearly 92 percent were in business after two years, compared to about 64 percent of other small businesses. Additionally, nearly 85 percent were still in business after five years, compared to about 50 percent of other small businesses.
“A part of our job is to educate our clients on the franchising industry, as well as identify which franchisors meet all of the candidate’s needs and desires, based on the extensive assessment and consultation we provide,” said Bailey. “Our consultants use a vetting process that produces very real business opportunities for both the candidate and the franchisors we work with.”
FranNet is the most respected franchise consulting leader in matching individuals with franchise opportunities. Based in Louisville, Ky., FranNet has more than 100 consultants across North America and Germany who use a proprietary profiling and consultative process to determine a business model unique to each client’s goals, skill sets and interests, and has matched thousands of entrepreneurs to rewarding small business opportunities. FranNet has been recognized by INC. magazine as one of the fastest growing private companies in America for the last four years.