| ||||
Updated RecentlyEmpire Business Brokers vs Transworld Business Advisors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Empire Business Brokers vs Transworld Business Advisors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $25,000 - $30,000 | $74,855 - $97,185 |
| Franchise Fee | $24,900 | $49,500 |
| Royalty Fee | $400/month or 5% | 8% |
| Advertising Fee | $100/month or 1% | $150/mo. |
| Year Founded | - | 2010 |
| Year Franchised | - | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | At EMPIRE Business Brokers we have defined very clear policies in order to award Franchises and maximize the possibilities for success of an EMPIRE Office.
We actively seek people and offices with the following characteristics:
FRANCHISEE PROFILE
The profile of the Franchisee / Operator that has been established for EMPIRE Business Brokers is as follows:
| - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Our Comprehensive 5 day (5 FULL DAYS!) Training Program is designed to make you a successful business broker right from the first day you open. Here are some of the subjects we cover: * Appraising the fair market value of a business. * Establishing the price. * Procuring buyers and sellers. * The techniques of successfully selling a business. * Preparation of purchase contracts. * Escrow procedures. * Advertising businesses for sale. * Evaluating financial statements. * How to set up and operate your own office. * The psychology of successful business brokerage. * Hiring and Training a salesperson. * Office policies and procedures. * Applicable accounting principals. * Legal techniques and relevant terminology. * Understanding and using the appropriate forms. Advertising - general, marketing, newspaper, magazines. * and much more! Our training facility is located in our Corporate Headquarters in Buffalo, N.Y. We do have an optional training program that we will conduct in your home city for an additional fee to help defray our travel costs. EMPIRE Business Brokers will train new agents from your office as your office continues to prosper and grow. This training is provided free of charge at our Buffalo Headquarters. You will continue to sharpen your skills by consulting with our highly trained staff. Our annual National Convention provides additional training through seminars & lectures. | Transworld Business Advisors will provide complete training and support on all indispensable services needed to buy or sell a business, including: *Listing a business for sale *Providing business valuations *Identifying and qualifying buyers *Marketing a business *Arranging financing *Managing due diligence *Coordinating closing *Guiding buyers and sellers through the entire sales process You receive the training and support that incorporate proven techniques so that you can achieve success fast. You have access to a network of business owners who have been through the exact same experience. Networking and support from other owners is a priceless resource in business ownership. On-The-Job Training: 33 hours Classroom Training: 70 hours |
| Support | Through or web site: * Generation of potential Buyers and Sellers leads for each EMPIRE office. * Promotion of the listings of a franchised Office with the entire EMPIRE network. * Communication to the entire EMPIRE network of new listings. * Lists of authorized service providers. * Calendar of events. * Electronic chalkboard for communication within Offices. * Access to advertising and public relations material. * Information of events and statistics generated by the EMPIRE network. * Access to informative and promotional materials of listed franchises. Additionally we carry out other activities that are standard to any Franchising System such as: * Pre-opening program. * Continuous operative assistance. * Personnel training and updates on the system. * Development and updating of Operative Manuals. * Development and updating of Corporate Image. * Operative and administrative innovations. * Creation and development of marketing and advertising activities. * Production and broadcasting of press releases. * Creation and operation of promotional seminars. * Counseling and supervision visits to offices. * Organization of Franchising conventions. * Legal assistance. * Financial assistance. With all these services, EMPIRE supplies its franchise network with all the necessary tools to generate business, operate efficiently and continue to be the undisputed leader in the business brokerage sector. | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | EMPIRE Business Brokers is a franchising corporation specialized in Business Brokerage, whose main objective is to provide services that translate into tangible benefits for the investment initiatives, expansion strategies and financing of projects of Buyers, Sellers, Investors, Entrepreneurs and Franchises. EMPIRE Business Brokers has a varied array of materials that assist its Franchisees in establishing a rapid presence in their markets, and increase sales every month. Some of these are: * Website with auto-editable solutions to incorporate and edit listings of businesses and franchises. * Designs for Newspaper Ads. * Brochures. * Materials for Seminars. * Press Releases. * Telemarketing scripts. * E-mail marketing scripts. * Designs for promotional stands. * Business cards and stationary formats. Additionally, EMPIRE continuously carries out marketing activities in order to increase its business listings, franchises and buyers. Some of these activities are: * Registry of the businesses we handle in our web site. * Promotion of our web site in the most important search engines. * Ads in local Newspapers. * Ads in Specialized Magazines. * Participation in Franchise Fairs. * Creation and broadcasting of electronic bulletins to our data base. * Telemarketing. * Seminars specializing in Business Brokerage and Franchising. * Participation in Entrepreneurial Chambers and Associations. * Public Relations activities with the media. * Individual presentations to buyers, business owners and franchises in our offices. As if this wasn't enough, the EMPIRE Offices have the backing of a worldwide network of Brokers, with which they continuously exchange buyers, business and franchise prospects. | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Empire Business Brokers
A Business Broker is a professional executive, equipped with the knowledge to successfully complete the sale of an existing business, franchise or business opportunity. As the owner of an EMPIRE Business Brokers Franchise, you will be working on a daily basis with other professionals: business owners, buyers, seasoned entrepreneurs as well as top executives in national franchise companies.
You will serve people from all walks of life. They will come to you for help to buy or sell a business.You will be their negotiator, counselor, marketer, broker, advisor and teacher. You will shape many futures. Your personal integrity will be supremely important. You will stretch your creativity and draw on all your knowledge and experience.
Every day will be fresh and every accomplishment will be sweet.
We have successfully trained people from many walks of life to become top producers and business brokers. Our success stories include CPA's, Attorneys, Bankers, former mid to high level management executives; others who have successfully operated their own businesses, and people with a high ambition to learn. People who feel that they are ready to expand their capabilities with the leader in a dynamic and growing industry will feel at home at EMPIRE Business Brokers.
Advantages of the EMPIRE Business Brokers Franchise
The most important competitive advantages of the EMPIRE franchise are:
* Excellent levels of income and profits.
* Return on your investment in a year.
* Various profit centers with consulting services.
* Ever increasing listings of Buyers, Businesses and Franchises.
* Initial Training, Marketing and On-Going Support to the franchised network.
* Initial investment between $25,000 and $50,000 USD.
About Transworld Business Advisors
Transworld Business Advisors began in 2007 by Transworld Business Brokers and United Franchise Group
Transworld Business Advisors is basically three integral organizations moved into one: business financier, establishment counseling, and establishment advancement. The financier side effectively puts purchasers and dealers of organizations together; the establishment counseling side gives business visionaries access to more than 200 pre-screened establishment, and the establishment advancement benefit helps individuals in developing their organizations through diversifying.
Transworld Business Advisors has more than 25 years business financier and establishment encounter, and has helped a great many individuals in the buy and offer of organizations. Full preparing and support, no experience is fundamental.
Master License Opportunities Globally
We also award very unique MASTER LICENSE opportunities for targeted countries/regions to qualified individuals and companies.
A master license grants the owner the exclusive development privileges for the brand and generates a very positive cash flow stream from the selling of franchises and collecting royalties.
Veteran Incentives 10% off franchise fee
#119 in Franchise 500 for 2020.