Have you ever considered becoming a franchise broker / consultant?
I have looked at and seriously 3 franchises, all recommended to me by a franchise consultant.
Initially I was looking at 2 at the same time, a dog grooming franchise, and a hair salon franchise, and decided to focus on the hair salon but due to economic factors (US / Canada trade tension) and family buy in I walked away from it at the 11th hour (after investing in accountants and lawyers etc. so was very close). The 3rd item came up several months later and looked very promising, a senior care type franchise, but after target market analysis my local area was not the fit we initially thought.
I continue to think a franchising is in my future and often look for new up and coming franchises that would work in a smaller community (approx. 40k people), but today I was thinking, could I be a franchise broker? I was involved in a small business ownership group with my family, but most of my career has been in a corporate environment, and do not have the credibility of having purchased and owned a franchise previously.
Has anyone else had the same thought?
Any franchise consultants out there that got into the industry without having previously owned a franchise?