New Transworld Business Advisors franchisees receive 3 weeks of
initial training. Two weeks are at United Franchise Group's
headquarters in West Palm Beach, Florida. During these two weeks,
franchisees learn about business brokerage, franchise consulting,
and franchise development.
Franchisees learn about which franchise concepts the company
works with and how to match investors to a concept. Franchisees
also learn about business brokerage and working with buyers and
sellers to make sure that everyone involved gets the best deal.
Franchisees learn the ins and outs of the transaction process and
how to work with clients to make sure all their needs are met.
Classroom instruction also touches on working with successful
business owners that wish to begin franchising.
They are also taught how to run, manage, and grow a successful
business. The training is extensive and covers many different
aspects because we assume our new franchisees have little industry
experience and have never owned a business.
There is also a third week back in a franchisees local market.
During this time, we work with the new franchisee to find sellers,
work with buyers, and get listings. Having a mentor while learning
the ropes helps franchisees to feel more comfortable and confident,
while getting hands-on experience with processing transactions and
working with clients.
Transworld Business Advisors franchisees receive continuous
training, support, and notifications regarding industry changes.
The highly interactive nature of the proprietary software that is
provided to franchisees makes it easier for franchisees to stay
up-to-date on pertinent industry facts and happenings, as well as
the latest listings for the area. If franchisees have a question or
concern, there is also a vast network of industry experts available
through both Transworld Business Advisors and United Franchise
Group that can provide assistance.