USA-based franchisor Franchise Source Brands International (FSBI) has announced plans to expand its brand across the UK. The company has a number of brands in its portfolio including The Entrepreneur’s Source, AdviCoach, Expense Reduction Consulting, and Business Partner Marketing Coach. Once FSBI has been successfully franchised across the UK it is aiming to expand its concept worldwide.
Terry Powell, founder and CEO of FSBI, said: “We’re ripe for major international expansion. From supporting the growing number of budding entrepreneurs through their business discovery process to helping existing business owners advance operations, cut costs or refine marketing programmes, we hit home with today’s entrepreneurs. The momentum we’ve built behind our brands has created prime growth opportunities for us internationally.”
Executing its international growth strategy through a regional developer model, FSBI is awarding qualified individuals the opportunity to lead its brands’ expansion in designated territories. FSBI’s franchise owners will be responsible for franchising the brands in their regions, enjoying multiple income streams: upfront from franchise sales, and ongoing passive income from management service fee.
FSBI has carved out eight United Kingdom regions in which it will be awarding regional developer agreements, including the Southwest, Southeast, London and West Midlands.
Powell added: “FSBI is tapping into one of the world’s leading economies. It’s a natural step for us to take as an organisation. Our concepts transcend borders and address business issues facing companies in every modern society.”
Published: 29 November 2010
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