How to Start a First Choice Business Brokers Franchise in 7 Steps: Checklist

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Are you ready to learn how to start a First Choice Business Brokers Franchise in just 7 simple steps? This comprehensive checklist will guide you through everything from financial requirements to marketing strategies, ensuring you set up your business for success. Don't miss out on the essential tools that can streamline your journey; check out our First Choice Business Brokers Franchise Business Plan Template for a detailed roadmap!

How to Start a First Choice Business Brokers Franchise in 7 Steps: Checklist
# Step Short Name Description
1 Submit the Franchise Application and Initial Inquiry Begin by completing the franchise application to express your interest. This initial inquiry sets the stage for further discussions and evaluations.
2 Meet All Financial and Personal Qualification Requirements Ensure you meet the financial thresholds and personal qualifications set by the franchisor. This step is crucial for gaining approval to proceed.
3 Attend Franchise Discovery Day and Due Diligence Process Participate in a Discovery Day to learn more about the franchise. This includes a thorough review of the business model and operational expectations.
4 Sign Franchise Agreement and Finalize Territory Selection After successful evaluations, sign the franchise agreement. During this step, you'll also finalize your chosen territory for operations.
5 Secure Office Space and Complete Legal Registrations Find a suitable location for your franchise operations. Additionally, ensure all necessary legal registrations and permits are obtained.
6 Complete Franchise Training and Hire Initial Staff Engage in comprehensive training programs offered by the franchisor. Concurrently, start the hiring process for your initial team.
7 Launch Marketing Efforts and Open for Business Initiate marketing campaigns to attract customers to your new franchise. Prepare for a successful grand opening and start serving clients.



Key Takeaways

  • The initial investment to open a franchise ranges from $69,500 to $101,350, making it accessible for many aspiring entrepreneurs.
  • A franchise fee of $40,000 is required, alongside ongoing royalty and marketing fees of 10% and 2% respectively.
  • Prospective franchisees must have a net worth between $500,000 and $1,000,000 and maintain liquid capital of $15,150 to $45,100 to meet financial requirements.
  • The average annual revenue per unit stands at $1,621,246, with a breakeven time estimated at 12 months and investment payback period of 24 months.
  • Franchised units have shown growth, increasing from 39 units in 2021 to 84 units in 2023, indicating a rising interest in the franchise opportunity.
  • Operating expenses average around $1,755,200 annually, with salaries and wages constituting the largest expense at approximately $592,399.
  • Franchisees benefit from comprehensive training and ongoing support, which is crucial for navigating the complexities of business ownership and ensuring successful operations.

What Are the Basic Requirements for Opening a First Choice Business Brokers Franchise?

Financial Requirements

To start a First Choice Business Brokers franchise, you need to meet specific financial criteria. The minimum net worth requirement for franchisees ranges from $500,000 to $1,000,000. This benchmark ensures that you have the financial capacity to sustain the business in its initial stages and beyond.

Additionally, you will need liquid capital between $15,150 and $45,100 to cover startup costs. The initial franchise fee is $40,000, followed by a royalty fee of 10% on gross sales and a marketing fee of 2%.

Lastly, proof of financial stability is crucial. This documentation may include bank statements, tax returns, or financial statements that showcase your ability to support the business financially.

Personal Requirements

Personal qualifications are just as important as financial ones. A background in business ownership or management experience is often required, as it equips you with the skills to navigate daily operations effectively.

Sales and negotiation skills are also highly valued. The ability to engage clients and close deals is essential in the business brokerage franchise landscape.

Furthermore, you will need to fulfill any licensing and certification requirements specific to your state or region. This may involve completing a training program and obtaining a business broker license.

Considering your personal credit score is another important factor. A good credit score can enhance your financial credibility and facilitate better financing options, should you require additional funding.


Tips for Meeting Financial and Personal Requirements

  • Prepare a detailed budget to understand your financial landscape better.
  • Invest in sales training to enhance your negotiation skills.
  • Consult a financial advisor to help present your financial documentation effectively.
  • Research your state’s licensing requirements well in advance.

What Steps Are Involved in the Application Process?

Initial Application Steps

To start your journey in opening a First Choice Business Brokers franchise, the initial steps are crucial. Begin by submitting a franchise inquiry form. This form helps express your interest and provides preliminary information to the franchisor.

Next, completing the franchise application is essential. This detailed application will ask for personal details, business experience, and financial information.

Once your application is submitted, you will undergo financial background checks. The franchisor evaluates your financial stability to ensure you meet the financial requirements for starting a franchise.

Finally, you will need to review the franchise disclosure documents. These documents contain vital information about the franchise, including fees, obligations, and operational details.

Discovery Process

The discovery process is a significant phase where you learn more about the franchise and confirm it’s the right fit for you. Start by attending the discovery day with the corporate team. This event allows potential franchisees to meet key staff and ask questions.

Additionally, engaging in a Q&A with existing franchisees provides real-world insights into their experiences and operational challenges. This interaction can be invaluable in understanding the expectations.

Assessing available territories is another critical step. You’ll want to ensure that the location you choose has sufficient demand and minimal competition. Finally, conducting corporate interviews with the franchisor will help clarify any lingering questions and set the tone for your partnership.


Tips for a Successful Application Process

  • Be thorough and honest in your franchise application form to avoid complications later.
  • Prepare questions for the discovery day to maximize your time with the corporate team.
  • Research the business brokerage franchise landscape before attending the Q&A sessions.

By following these steps, you’ll be well-prepared to navigate the franchise application process and set the foundation for your First Choice Business Brokers franchise. For more insights, check out What Are Some Alternatives to First Choice Business Brokers Franchise?.

How Do You Choose the Right Location for First Choice Business Brokers Franchise?

Market and Territory Analysis

Choosing the right location for your First Choice Business Brokers franchise involves in-depth market and territory analysis. Start by evaluating demographics and the overall business climate in potential areas. Look for regions with a growing population, strong economic indicators, and a thriving business environment.

Next, identify high-demand markets where business brokerage services are needed. Research local competition to understand their strengths and weaknesses. This analysis can help you position your franchise effectively. Additionally, stay informed about commercial real estate trends, as these can impact your location choice.


Tips for Market Analysis

  • Utilize online tools and resources to gather demographic data.
  • Consider local economic development reports for insights into market potential.
  • Engage with local business associations for networking and information.

Office Setup Considerations

Once you've identified a suitable location, consider your office setup options. You can choose between a home office or leasing commercial space. Each option has its pros and cons. A home office may reduce initial costs, while a leased office can provide a professional environment for client meetings.

Ensure that your chosen setup meets zoning and compliance requirements. Office space layout is crucial for branding and functionality; make sure your design aligns with your business image. Finally, focus on lease negotiation and financial planning to secure a favorable agreement and maintain profitability.


Office Setup Tips

  • Assess your client needs when deciding on office space layout.
  • Negotiate lease terms that include options for renewal or expansion.
  • Budget for office branding to create a welcoming atmosphere.

For more information on starting your franchise journey, check out How Much Does a First Choice Business Brokers Franchise Cost?.

What Are the Setup Requirements for First Choice Business Brokers Franchise?

Office Setup and Technology

Successfully launching a First Choice Business Brokers franchise begins with effective office setup and technology implementation. You'll need to secure essential office furniture and equipment that can support daily operations. This includes desks, chairs, computers, and other necessary tools to create an efficient work environment.

Implementing a Customer Relationship Management (CRM) system and business management software is crucial for streamlining operations. These tools help manage client interactions, track leads, and maintain organized records, which is vital for running a successful business brokerage franchise.

Setting up reliable communication systems such as phones and internet services ensures that you can effectively connect with clients and stakeholders. Additionally, branding and signage installation will help establish your franchise's identity within the market, making it easier for clients to recognize and remember your business.

Pre-Opening Preparations

Before opening your First Choice Business Brokers franchise, thorough pre-opening preparations are essential. Start by hiring administrative and sales staff who possess the right skills and experience to support your business. This step is crucial to building a competent team that can elevate your franchise's performance.

Completing licensing and legal registrations is a must to operate legally and ethically. Ensure that you are fully compliant with local regulations to avoid any operational hiccups.

Developing a client acquisition strategy will be key to attracting customers from day one. This involves understanding your target market and implementing marketing tactics that resonate with potential clients. Finally, launching an initial marketing campaign will create buzz around your new franchise, setting the stage for successful operations.


Tips for a Smooth Setup

  • Consider investing in ergonomic furniture to boost employee productivity.
  • Choose a CRM that integrates well with other tools you'll be using.
  • Develop a clear hiring plan to streamline the process of finding the right staff.
  • Use social media for your initial marketing campaign to reach a wider audience quickly.

For detailed financial insights on starting your franchise, check How Much Does a First Choice Business Brokers Franchise Cost?.

What Training And Support Is Provided?

Initial Franchisee Training

When you start your journey with a First Choice Business Brokers franchise, you will benefit from comprehensive initial training designed to equip you with essential skills. This training includes:

  • Attending corporate training programs that cover all aspects of the business.
  • Learning business brokerage processes to facilitate smooth transactions.
  • Understanding operational and sales strategies that drive success in the industry.
  • Reviewing compliance and legal guidelines to ensure adherence to regulations.

Ongoing Franchise Support

Once you are up and running, ongoing support is vital for sustained success. Your franchise will provide:

  • Participating in mentorship programs that connect you with experienced franchisees.
  • Accessing marketing and advertising resources to help promote your business effectively.
  • Receiving business development support to enhance growth opportunities.
  • Engaging in continuous education programs to keep up with industry trends.

Tips for Maximizing Training and Support

  • Actively participate in all training sessions and ask questions to clarify doubts.
  • Build relationships with mentors to gain insights and guidance on best practices.
  • Utilize marketing resources to create a strong local presence and attract clients.
  • Stay updated with ongoing education programs to sharpen your business acumen.

With an average annual revenue per unit of $1,621,246, the training and support provided can significantly impact your franchise's performance. Adhering to the franchise requirements checklist and engaging fully in the franchise training program will set a solid foundation for your success. If you're exploring different options, consider What Are Some Alternatives to First Choice Business Brokers Franchise? for a broader perspective.

Step: 1 - Submit the Franchise Application and Initial Inquiry

Starting a First Choice Business Brokers franchise begins with submitting your franchise application and initial inquiry. This step is crucial as it sets the stage for your journey into business brokerage. Here’s how to navigate this important phase:

Submitting the Franchise Application

The first action is to fill out the franchise application form. This form typically requires you to provide personal information, financial details, and your business background. Make sure to be thorough and honest, as this information will be reviewed critically.

Initial Inquiry

After submitting the application, you’ll engage in an initial inquiry with the franchisor. This is your opportunity to ask questions about the franchise model, support systems, and overall expectations. Prepare a list of inquiries to ensure you cover all essential areas.

Understanding the Franchise Requirements

It's vital to familiarize yourself with the First Choice Business Brokers requirements. Key financial requirements include:

  • Minimum net worth of $500,000 - $1,000,000
  • Initial franchise fee of $40,000
  • Royalty fee of 10% on gross sales
  • Marketing fee of 2% on gross sales
  • Cash required ranging from $15,150 to $45,100

Additionally, you’ll need to demonstrate personal qualifications such as business ownership or management experience and sales skills.

Financial Background Checks

Once your application is submitted, expect to undergo financial background checks. The franchisor will verify your financial stability to ensure you meet the franchise financial requirements.

Franchise Discovery Day

After passing initial screenings, you will be invited to attend a franchise discovery day. This event allows you to interact with the corporate team and existing franchisees. It’s an essential part of the franchise application process that helps you gauge the business culture and operational support.


Tips for a Successful Application

  • Gather all necessary financial documentation in advance to streamline the process.
  • Be prepared to discuss your business plan and how you intend to succeed as a franchisee.
  • Network with current franchisees for insights they wish they knew before applying.

Table of Financial Overview

Financial Metric Amount ($) Notes
Low Initial Investment 69,500 Starting costs
High Initial Investment 101,350 Includes all setup costs
Average Annual Revenue per Unit 1,621,246 Reflects potential earnings
Breakeven Time 12 Months Time to recover initial investment
Investment Payback 24 Months Expected ROI timeline

By taking these steps and remaining diligent throughout the franchise application process, you’ll be well on your way to becoming a part of the First Choice Business Brokers franchise. For more insights on options available, visit What Are Some Alternatives to First Choice Business Brokers Franchise?.

Step: 2 - Meet All Financial and Personal Qualification Requirements

To successfully open a First Choice Business Brokers franchise, it’s crucial to meet specific financial and personal qualification requirements. These criteria ensure that you are equipped to handle the responsibilities of franchise ownership and can navigate the financial landscape effectively.

Financial Requirements

Starting a franchise involves a significant financial commitment. Here’s a breakdown of the financial requirements:

  • Initial Franchise Fee: The initial franchise fee is $40,000.
  • Total Initial Investment: The total investment ranges from $69,500 to $101,350.
  • Cash Required: You’ll need between $15,150 and $45,100 in liquid capital.
  • Net Worth Requirement: A net worth of $500,000 to $1,000,000 is necessary.
  • Royalty Fee: A royalty fee of 10% of gross sales applies, along with a 2% marketing fee.

Understanding these financial requirements is vital for creating a sustainable business model. The average annual revenue per unit stands at an impressive $1,621,246, showcasing the potential profitability of the franchise.

Personal Requirements

In addition to financial qualifications, personal characteristics and experiences play a significant role in the success of a franchisee:

  • Business Ownership or Management Experience: Prior experience in business ownership or management is preferred.
  • Sales and Negotiation Skills: You should possess strong sales and negotiation skills to thrive in the business brokerage field.
  • Licensing and Certification: Familiarize yourself with any licensing and certification requirements specific to your state.
  • Personal Credit Score: A solid personal credit score is considered during the application process.

Tips for Meeting Financial and Personal Requirements

  • Review your financial documentation to ensure it aligns with the franchise's requirements.
  • Consider taking courses on business management or sales techniques to enhance your skills.
  • Consult with a financial advisor to better understand your net worth and cash flow.

In summary, understanding and fulfilling the First Choice Business Brokers requirements is essential for a successful application. By ensuring that you meet both financial and personal criteria, you’ll be well on your way to starting your journey in the franchise application process. For more information, you can explore How Does First Choice Business Brokers Franchise Work?.

Financial Metric Amount ($) Percentage of Revenue (%)
Initial Franchise Fee 40,000 N/A
Total Initial Investment 69,500 - 101,350 N/A
Average Annual Revenue 1,621,246 100%

Step: 3 - Attend Franchise Discovery Day and Due Diligence Process

Once you have submitted your franchise application and met the preliminary financial and personal qualifications, the next step is to attend the Franchise Discovery Day. This is a crucial part of the process where you gain deeper insights into the First Choice Business Brokers franchise and what it entails.

The Discovery Day typically includes a series of presentations, workshops, and networking opportunities. You will meet the corporate team and have a chance to engage with existing franchisees. This experience is invaluable for understanding the culture, operational expectations, and support systems within the franchise.

Key Activities During Discovery Day:

  • Presentations from corporate leadership about the franchise model and business strategy.
  • Q&A sessions with current franchisees to gain firsthand insights into their experiences.
  • Reviewing available territories and understanding market dynamics.
  • Conducting interviews with corporate representatives to clarify any concerns.

During this time, you will also be conducting your due diligence. This involves a thorough review of the franchise disclosure documents (FDD) and financial statements. It's crucial to analyze the financial requirements for starting a franchise and ensure that you are prepared for the initial investment costs, which range from $69,500 to $101,350 depending on various factors such as location and office setup.

Financial Metric Amount ($) Notes
Initial Franchise Fee $40,000 One-time payment to secure the franchise
Royalty Fee 10% Ongoing fee based on total revenue
Marketing Fee 2% Fee allocated for national marketing efforts

Understanding the royalty fee structure and associated costs is vital for your long-term financial planning. The average annual revenue per unit stands at $1,621,246, with a median of $1,621,246 and a breakeven time of approximately 12 months. However, be aware that initial operational expenses can exceed revenue during the early stages.


Tips for a Successful Discovery Day

  • Prepare a list of questions to ask both the corporate team and existing franchisees.
  • Take notes during presentations to help you remember key details.
  • Network with other prospective franchisees for shared insights.

After the Discovery Day, you will be better equipped to make informed decisions about whether to proceed with the First Choice Business Brokers franchise. Ensure that you have a clear understanding of all aspects discussed and continue to conduct thorough research.

For more detailed insights about how the franchise operates, check out How Does First Choice Business Brokers Franchise Work?.

Step: 4 - Sign Franchise Agreement and Finalize Territory Selection

Once you have completed the initial application steps and attended the franchise discovery day, you are ready to take a significant leap forward in starting your First Choice Business Brokers franchise. This step involves signing the franchise agreement and finalizing your territory selection, which are crucial components in establishing your new business.

Understanding the Franchise Agreement

The franchise agreement is a legally binding document that outlines the rights and responsibilities of both the franchisor and the franchisee. This agreement typically includes:

  • The initial franchise fee, which is $40,000.
  • A royalty fee structure of 10% of your gross revenue.
  • A marketing fee of 2% of gross sales to support national marketing efforts.
  • Terms of contract duration and renewal options.
  • Compliance requirements for operational standards and brand guidelines.

Before signing, ensure you thoroughly read the agreement and consult with a legal advisor to clarify any terms that may seem unclear. This step is vital for protecting your investment and ensuring a smooth start to your franchise journey.

Finalizing Your Territory Selection

Choosing the right territory is equally important as it directly impacts your potential for success. When finalizing your territory, consider the following factors:

  • Market demand: Assess the local business climate and demand for business brokerage services.
  • Competition analysis: Identify existing competitors in the area and their market share.
  • Demographics: Evaluate the population and business landscape to ensure your services will meet the community's needs.

Once you've completed your analysis, you can select a territory that aligns with your business strategy and growth plans. The franchisor will guide you in making an informed decision, ensuring it complements their overall expansion goals.

Financial Considerations

As you prepare to sign the franchise agreement, keep in mind the financial requirements associated with launching your franchise. The total initial investment ranges from $69,500 to $101,350, which includes your initial franchise fee, office setup costs, and working capital. You will need to demonstrate a net worth between $500,000 and $1,000,000 to qualify.

Key Tips


Tips for Signing the Franchise Agreement

  • Engage a franchise attorney to review the contract.
  • Negotiate terms that directly affect your operational flexibility.
  • Clarify support services provided by the franchisor post-agreement.

Performance Benchmarks

Understanding the financial performance of existing franchises can also guide your expectations. Here’s a brief overview of some critical financial metrics:

Metric Amount ($) Percentage of Revenue (%)
Average Annual Revenue 1,621,246 100%
Cost of Goods Sold 147,312 9.09%
Total Operating Expenses 1,755,200 108.26%

With a median annual revenue of $1,621,246, understanding these figures can help you set realistic financial goals for your franchise.

For further insights on potential earnings, check out How Much Does a First Choice Business Brokers Franchise Owner Make?.

Step: 5 - Secure Office Space and Complete Legal Registrations

Securing the right office space is crucial for your First Choice Business Brokers franchise. This step not only involves choosing a location but also completing the necessary legal registrations to operate your franchise. Here’s how to navigate this phase effectively.

Choosing the Right Office Space

The location of your office can significantly impact your business's success. Here are key considerations when choosing your office space:

  • Decide whether to operate from a home office or lease a commercial space.
  • Ensure that the chosen location meets zoning and compliance requirements.
  • Consider the office layout to accommodate your branding needs and operational workflow.
  • Engage in lease negotiations, keeping in mind the financial implications.

Legal Registrations

Completing legal registrations is a critical aspect of launching your franchise. You will need to:

  • Register your business name with appropriate state authorities.
  • Acquire necessary business licenses and permits specific to your location.
  • Set up tax identification numbers and comply with local taxation regulations.
  • Consult with a legal professional to ensure compliance with franchise agreements and local laws.

Investment Considerations

Understanding the financial commitments involved is vital. Here’s a snapshot of the investment required for a First Choice Business Brokers franchise:

Expense Type Amount ($)
Initial Franchise Fee 40,000
Estimated Cash Required 15,150 - 45,100
Low Initial Investment 69,500
High Initial Investment 101,350

With an average annual revenue of 1,621,246 and a breakeven time of just 12 months, investing in this franchise can be rewarding.


Tips for Securing Office Space

  • Visit multiple locations to compare advantages and disadvantages.
  • Consider proximity to potential clients and market demand.
  • Evaluate the lease terms thoroughly before signing.

By carefully selecting your office space and completing all legal registrations, you will set a solid foundation for your First Choice Business Brokers franchise. For more detailed insights on the operational aspects, visit How Does First Choice Business Brokers Franchise Work?.

Step: 6 - Complete Franchise Training and Hire Initial Staff

Successfully launching a First Choice Business Brokers franchise hinges on two critical components: comprehensive training and effective staffing. The franchise training program equips new franchisees with the essential skills and knowledge to navigate the complexities of business brokerage effectively.

Franchise Training Program

Upon approval of your franchise application, you will be required to attend a structured training program provided by the franchisor. This training covers various aspects vital for operational success:

  • Business brokerage processes and best practices
  • Operational strategies specific to the franchise model
  • Sales techniques tailored for the brokerage industry
  • Compliance and legal guidelines relevant to your operations

The training typically lasts several weeks and incorporates both classroom instruction and hands-on experience. This combination ensures that you are well-prepared to manage your franchise and serve your clients effectively.

Hiring Initial Staff

After completing your training, the next step is to recruit initial staff. Hiring the right team is crucial for your franchise’s growth and client satisfaction. Here are some key roles to consider:

  • Administrative personnel to manage day-to-day operations
  • Sales associates with experience in business brokerage
  • Marketing specialists to promote your services effectively

It's essential to develop a clear job description for each role and consider candidates with relevant experience. Effective training for your staff is also necessary to align them with the franchise's operational standards.

Tips for a Successful Training and Hiring Process

  • Utilize the resources provided during the training to create a robust onboarding process for your staff.
  • Encourage open communication to foster a collaborative environment among your team.
  • Set performance metrics to evaluate the effectiveness of your training and the performance of your hires.

Investing time and resources into comprehensive training and careful hiring can significantly enhance your franchise's operational efficiency and client service quality. As you prepare for the grand opening, remember that a well-trained team can drive the success of your First Choice Business Brokers franchise.

Financial Considerations

Understanding the financial implications of your initial setup is equally important. The initial investment for a First Choice Business Brokers franchise ranges from $69,500 to $101,350, with a franchise fee of $40,000. The average annual revenue per unit is reported at $1,621,246, indicating a robust potential for profitability.

Financial Metric Amount ($) Percentage of Revenue (%)
Average Annual Revenue 1,621,246 100%
Operating Expenses 1,755,200 108.26%
Breakeven Time 12 Months

With a clear understanding of the financial requirements for starting a franchise and effective training and hiring strategies, you will be well on your way to establishing a successful business brokerage franchise.

For additional insights on the profitability of owning a franchise, check out How Much Does a First Choice Business Brokers Franchise Owner Make?.

Step: 7 - Launch Marketing Efforts And Open For Business

After successfully navigating the franchise application process and fulfilling all the necessary requirements, it's time to focus on launching your marketing efforts and officially opening your First Choice Business Brokers franchise. This step is crucial for establishing your presence in the local market and attracting your first clients.

Developing a Marketing Strategy

Your marketing strategy should leverage both traditional and digital channels to maximize reach. Consider the following tactics:

  • Utilizing social media platforms to engage with potential clients and showcase your services.
  • Implementing search engine optimization (SEO) techniques on your website to improve visibility.
  • Creating informative content that positions you as an expert in business brokerage.
  • Networking within local business communities and attending relevant events.

Budgeting for Marketing

$744,282. It’s important to ensure that your marketing budget aligns with your business goals.

Expense Category Estimated Annual Cost ($) Percentage of Total Revenue (%)
Advertising 744,282 45.92%
Professional Fees 204,486 12.62%
Salaries, Wages, and Related 592,399 36.52%

With the franchise fee set at $40,000 and ongoing royalty fees at 10% of your revenue, it’s essential to monitor your marketing effectiveness closely to ensure a return on investment.

Initial Marketing Campaign

Launch a targeted marketing campaign right before your opening to generate interest. This may include:

  • Special promotions or discounts for the first clients.
  • Press releases or local media coverage to announce your opening.
  • Collaborations with local businesses for cross-promotion.

Tips for a Successful Launch

  • Engage with community leaders and influencers to broaden your reach.
  • Ensure your branding is consistent across all platforms.
  • Collect feedback from initial clients to refine your services and approach.

As you prepare for your grand opening, remember to track your marketing performance metrics. Understanding your client acquisition costs and how they relate to your revenue will be key to optimizing your future marketing strategies. For more detailed insights into the costs associated with opening a First Choice Business Brokers franchise, refer to How Much Does a First Choice Business Brokers Franchise Cost?.

With a solid marketing plan in place and a focus on community engagement, you can successfully launch your franchise and set the stage for long-term success in the business brokerage industry.