1851

<a href="https://frannet.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frannet-finishes-2022-with-an-impressive-increase-in-client-interest-and-new-franchise-model-2720762" target="_blank" rel="nofollow">FranNet</a>’s experienced local franchise consultants and brokers have matched entrepreneurs with the perfect business opportunities to meet their goals for over 35 years — and 2022 was no exception.&nbsp;<a href="https://1851franchise.com/frannet/how-frannet-creates-successful-business-owners-during-a-recession-2719621#latest_stories">Despite times of economic uncertainty</a>, the company continued to match countless entrepreneurs with the businesses of their dreams.&nbsp;In 2022,&nbsp;<a href="https://1851franchise.com/frannet">FranNet</a> worked with 40 new brands.&nbsp;The company’s website traffic was also up&nbsp;23% compared to 2021, while leads increased 30% in the same time frame. The increase in demand is a testament to how prospective franchisees aren’t swayed by economic uncertainty and understand that franchising can be a safe way to start a business regardless of the state of the economy.This year, FranNet introduced a new model that allows its franchise consultants to work with anyone interested in franchising across the US and Canada. Unlike traditional franchise models, where territories are sold for certain markets, FranNet's new model allows its team of experts to engage, educate and encourage clients no matter where they live.“It's been a really good year for FranNet,” said&nbsp;<a href="https://www.linkedin.com/in/janiabailey/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frannet-finishes-2022-with-an-impressive-increase-in-client-interest-and-new-franchise-model-2720762" target="_blank" rel="nofollow">Jania Bailey</a>, FranNet’s CEO. “We've expanded our business model, and we are now recruiting new franchisees into this new model. We expect to have a very positive 2023. More people means more leads and deals with our franchisors, and that's what it's all about.”&nbsp;FranNet added six new franchisees and another four associates just within the second half of the year. In addition to internal growth, numerous franchisors signed on to join the company’s catalog and connect with talented, pre-screened franchisees.With 75 consultants throughout the U.S. and Canada, FranNet franchise consultants have helped thousands of entrepreneurs across North America start their own businesses through franchise ownership. The brand uses a methodical approach of diving deep into the needs and desires of both the franchisor and franchisee to spark a long-term, mutually beneficial relationship.&nbsp;According to the 2022 Annual Franchise Development Report, franchisee leads that come directly to franchisors have a close rate in the 3% range. When using a franchise broker, like FranNet, that close rate rises to 17%, demonstrating the value consultants and brokers provide industry-wide.To bring these in-demand services to more prospective owners, ??FranNet introduced a new model in 2022 that allows franchise consultants to work with anyone interested in franchising across the US and Canada. Unlike traditional franchise models, where territories are sold for certain markets, FranNet's new model allows our team of experts to engage, educate and encourage our clients no matter where they live. “This gives us flexibility and our clients more opportunity to work with a franchise expert as they consider owning their own business," said Bailey.Bailey noted that, throughout 2022, prospective owners tended to move a lot slower in the franchise process this year. “There wasn't that sense of urgency. Having a really strong job market causes that,” she said. “We also saw the funding companies take longer. So overall, the process got stretched a lot more than usual.”She added that there was also an increase in what is called “top of the funnel activity,” meaning many prospective franchisees began looking at franchise opportunities. The interest shown in 2022 is expected to funnel down in 2023 to more completed franchise deals.&nbsp;&nbsp;&nbsp;“We have no doubt those are going to start flowing through the pipeline a little further in 2023,” said Bailey. “After 35 years in business, FranNet is still going strong, and we are excited for what is to come.”If you are a potential franchisee looking to invest or a franchisor looking to attract new candidates, contact FranNet at&nbsp;<a href="https://frannet.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frannet-finishes-2022-with-an-impressive-increase-in-client-interest-and-new-franchise-model-2720762" target="_blank" rel="nofollow">https://frannet.com/</a>.About FranNetFranNet is North America’s most respected leader in matching individuals with franchise ownership opportunities. Founded in 1987, FranNet has more than 100 experienced consultants across the United States, Canada and Germany. FranNet uses a proprietary profiling and consultative process to determine a business model unique to each client’s goals, skill sets and interests and has matched thousands of prospective business owners to rewarding small business franchise opportunities. Headquartered in Louisville, Kentucky, FranNet is the only locally-owned and operated franchised consulting firm.

FranNet Finishes 2022 with an Impressive Increase in Client Interest and New Franchise Model

1851 Franchise

With the introduction of a new business model, the company's franchise consultants and brokers were able to reach more clients around the US and Canada. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

frannet-finishes-2022-with-an-impressive-increase-in-client-interest-and-new-franchise-model

Caring Transitions

From Saving Lives to Easing Transitions: Why EMT Veteran Paul Yang Chose Caring Transitions

from-saving-lives-to-easing-transitions-why-emt-veteran-paul-yang-chose-caring-transitions

Comfort Keepers

Comfort Keepers® Achieves Major Milestones in Q1 2025 as Fully Franchised Model Accelerates Growth

comfort-keepers-achieves-major-milestones-in-q1-2025-as-fully-franchised-model-accelerates-growth

Sola Salons

Sola Salons Targets Boston for Strategic Franchise Growth

sola-salons-targets-boston-for-strategic-franchise-growth

Beansquad

BeanSquad Kicks Off 2025 with Strong Q1 Momentum and Aggressive Growth Goals

beansquad-kicks-off-2025-with-strong-q1-momentum-and-aggressive-growth-goals

Sylvan Learning

Jacksonville Daily Record: Sylvan Learning Expands in St. Johns County

jacksonville-daily-record-sylvan-learning-expands-in-st-johns-county

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

Restaurant Business: Crumbl Cools Its Expansion, Refocuses on Profitability

restaurant-business-crumbl-cools-its-expansion-refocuses-on-profitability

Franchise Face-Lifts: Why Major Restaurant Brands Are Betting Big on Remodels

franchise-face-lifts-why-major-restaurant-brands-are-betting-big-on-remodels

How New Tariffs Are Causing Price Hikes and Surcharges for U.S. Businesses and Franchises - 1851

Tariffs Prompt Price Hikes, Surcharges as Businesses (and Franchises) Brace for Rising Costs 

tariffs-prompt-price-hikes-surcharges

Pizza Hut - EYM Group - Chapter 11 Bankruptcy - 77 Pizza Hut Locations Sold - 1851 Franchise

77 Pizza Hut Locations Sold After Franchisee Bankruptcy Filing

pizza-hut-franchisee-bankruptcy-eym-group

Photo of Happinest Brands vans and teams standing together

Happinest Brands Closes Strong Q1 With Strategic Growth, System-Wide Enhancements

happinest-brands-q1-2025-growth

How Kono’s Northshore Is Bringing Hawaiian Flavors To Franchising With A Low-Cost, High-Return Model

how-konos-northshore-is-bringing-hawaiian-flavors-to-franchising-with-a-low-cost-high-return-model

Pink's Window Services - Franchise Deep Dive - 1851 Franchise

Pink’s Window Services Franchise Costs, Fees, Profit and Data for 2025

pinks-window-services-franchise-deep-dive

Layne’s Chicken Fingers Franchise Costs, Fees, Profit, and Data for 2025

franchise-deep-dive-laynes-chicken-fingers-franchise-costs-fees-profit-and-data

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Most Profitable Restaurant Franchises To Own in 2025 - 1851 Franchise

The Most Profitable Restaurant Franchises to Own in 2025

most-profitable-restaurant-franchises-to-own

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

FranNet Finishes 2022 with an Impressive Increase in Client Interest and New Franchise Model

MORE STORIES LIKE THIS