About Loyalty business brokers
Our corporate staff has over 400 years of combined experience in all aspects of franchising. When you join Loyalty Business Brokers you will be getting a complete suite of experienced executives who have been entrenched in franchising and ready to share their knowledge. We are here to take you through every step of starting your new business.
FULL COMPANY INFORMATION
Loyalty Brands has launched an exciting new franchise concept, Loyalty Business Brokers. This brand is focused on connecting buyers and sellers of small to medium sized businesses. There are over 31.7 million businesses in the United States that fit into these business categories. That number increased by over 1 million in the last year alone. Due to drastic changes in the economy, many Americans are seeking stability and control over their future. Small business ownership is a way to achieve that.
We are IFA members. Our corporate staff has over 400 years of combined experience in all aspects of franchising. When you join Loyalty Business Brokers you will be getting a complete suite of experienced executives who have been entrenched in franchising and ready to share their knowledge. We are here to take you through every step of starting your new business.
Follow these steps to join us as we build the future of Business Brokerage.
1. Reach Out to Us
The most important step in the Loyalty Business Brokers Discovery Process is for us to learn a little bit about each other. Understanding what you are trying to accomplish through business ownership helps us to establish if you and your team are a good fit for our system. Our primary goal is to identify the ideal partners who we can support using all of our resources on the path to success.
2. Complete a Request for Consideration
This second step is primarily an administrative one although it is necessary to move forward in a meaningful way. The completion of the Request for Consideration (RFC) simply asks you to provide some basic contact details so that we can share information with you that is otherwise confidential.
3. Learn More About Each Other
At this stage, we will ask you to complete our franchise application. Following the completion of this document, we work very closely with each other to understand your personal and professional goals. We will learn everything we need to know through significant consultation and through your attendance of a Virtual Discovery Day. You will speak with members of our Corporate Team and at least one existing franchisee. This due diligence is the most important precursor to joining us.
4. Review of Franchise Disclosure Doc
Once we’ve made it this far together, it is time to review the Franchise Disclosure Document (FDD). All franchisors are governed by the Federal Trade Commission and the FDD is the instrument that defines the relationship between a franchisor (like us) and a franchisee (like you). The FDD provides a detailed breakdown of our business and background and also serves to clarify all obligations and responsibilities. This document will help you fully understand every aspect of our business before you join us.
5. Financial and Planning Stage
Here we discuss the scope and breadth of your new business and the financial and legal requirements for your territory or area. Your financial investment package is defined and we will guide you through any financing that you might require. Our legal, operations, and marketing teams will help organize everything you need to lay the groundwork for the opening and the successful operation of your business brokerage.
6. Sign Franchise Agreement
This is the final step in the process. The mandatory 14 day disclosure period has passed, you have done all of your research, reviewed all the materials and have made a well-informed decision. Finances are in order and you sign the Franchise Agreement. You are offically welcomed by department heads and key executives who will work closely with you as a franchisee. You are now in business as the newest member of our Loyalty Business Brokers family.