January 04, 2016 // Franchising.com // WEST PALM BEACH, Florida - With a stellar 2015 behind them, Transworld Business Advisors is looking to build on that momentum as it looks to accelerate growth even further in 2016, both domestically and internationally.
Transworld Business Advisors is the world leader in the marketing and sales of businesses and franchises. Whether for an acquisition-minded corporation or individual interested in owning a franchise, Transworld offers the professional services that successfully bring buyers and sellers together.
Having already added 45 new franchised offices in 2015, Transworld is looking to increase that number to 75 in 2016, while also targeting the addition of three international offices.
The global expansion plans come on the heels of Transworld announcing in November the signing of a new Master License Agreement for the UK and Ireland, the first such license granted in Europe, which will provide for the eventual addition of up to 24 offices throughout England and Ireland.
Bill Luce, president of Transworld, which operates under the United Franchise Group umbrella, said Europe, Asia and Mexico will be the focus of Transworld’s global expansion plans.
According to Franchising.com, having a blueprint for international growth has been increasing in popularity for U.S.-based franchisors, “80 percent of the world's population lives in areas that are considered emerging markets. The U.S. Department of Commerce estimates that over 75 percent of the expected growth in the world's trade over the next two decades will come from developing countries, particularly big emerging markets, which account for over half the world's population, but only 25 percent of its gross domestic product.”
The report also said that finding well-qualified master franchisees outside the U.S. can pave the way for growth of a franchise because “the qualified master franchisee can be the key to identifying and recruiting talented franchisees that fit the system and successfully execute the franchise concept.”
Domestic growth will be focused throughout the United States and Luce said that growth will be aided by the addition of more training and support personnel to Transworld’s already robust initial training, ongoing education and comprehensive mentoring programs. In addition, Luce said Transworld will be introducing a Franchise Resale Program. This program will assist franchise companies in the sale of their existing franchise locations.
Transworld Business Advisors is part of United Franchise Group, a successful group of franchise systems with more than 25 years of experience and over 1400 franchisees. Formerly Transworld Business Brokers, a company based in Fort Lauderdale, Florida with over 35 years of brokerage experience, Transworld represents acquisition-minded corporations and individuals alike interested in owning their own company, or in franchising. With 145 franchised offices worldwide, Transworld offers the professional services that successfully bring buyers and sellers together. From business brokerage to mergers and acquisitions, Transworld Business Advisors are the business sale specialists. For more information on owning a Transworld franchise, visit http://discover.tworld.com/welcome.html.
SOURCE Transworld Business Advisors
Sanderson & Associates