First Choice Business Brokers (FCBB) Significantly Increased Number of Franchisees in the Last Quarter of 2008
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First Choice Business Brokers (FCBB) Significantly Increased Number of Franchisees in the Last Quarter of 2008

Advanced franchise-model makes rapid accession of franchisees possible – Option to start small with low royalty as access way into business.

Las Vegas, NV, --( First Choice Business Brokers (FCBB) rapidly increased their growth rate of affiliated franchise units within the last quarter of 2008. With four newly awarded franchisees, now having 21 in total, the Nevada Franchise Company exceeded expectations. Not only has the established franchise model grown in appeal to entrepreneurs, FCBB also enhanced their system to approach more potential franchisees. "Aside from our established model – namely franchisees opening a firm and building a team of associates – we integrated a new way of starting up", states Jeffrey Nyman, CEO of FCBB, and explains: "Now we offer entrepreneurs willing to found a company, the possibility to start with a more modest figure which means they can start their business at a lower overhead, single person enterprise, making FCBB accessible to a broader group of entrepreneurs."

Many entrepreneurs take this possibility to start small with a low royalty and await the business getting started and first transactions to be completed. Their strategy is to expand their activities step by step. "We have learned that many franchisees don't wait long to raise their licence agreement once they see our concept works out well", comments Jeffrey Nyman. FCBB expects this trend to continue in 2009 not only in the US but also in the new European markets being developed.

Especially in Germany where many company owners of the postwar generation will be moving into retirement within the next years the FCBB franchise model hits great market potential. The demand for qualified business brokers consulting and guiding the whole sales process of small and medium businesses is high. Jeffrey Nyman explains: "Our advanced franchise model is thereby a perfect access way into business."

The Company

First Choice Business Brokers is a fast-growing global franchisor who assists small and medium-size business owners in valuing their businesses and finding buyers. The customers of First Choice Business Brokers include both franchisees and business owners who want to sell their businesses. FCBB is not a competitor of mergers and acquisitions, as it focuses on small and mid-size companies. FCBB comes from the most regulated country within the franchising industry (USA) so it can offer its customers a depth of industry knowledge few other companies can. Through franchising, FCBB generates rapid growth – since the formation of the company, FCBB has launched over 20 franchises and trained over 150 agents.


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