Franchise Buyers Desk

are franchise consultants worth it

A franchise consultant is worth the time for introductions, not as a substitute for diligence. FranNet says "absolutely free" and can "introduce you to many different franchisors." KLC says "100% free for investors." The FTC says "Ask who pays the broker," then wait "at least 14 days before you are asked to sign" and call Item 20 franchisees.

Last updated: September 5, 2026

Worth it vs not

SituationConsultant useful?Still required
Exploring industries you have not operatedIntroductions can save search time. FranNet: "introduce you to many different franchisors." Glover: "We will introduce you to the franchisors"FTC Item 20 "current and former franchisees"
You already picked a brandUsually no — contact the franchisor. Entrepreneur says you can "go it alone."FTC "at least 14 days before you are asked to sign"
You need a yes/no on the contractNo — consultants introduce brands; they are not your counselYour attorney
You need a financial modelNoYour accountant using FTC "Initial and Ongoing Costs (FDD Items 5-7)" and Item 19
You want brand matching helpYes for introductions. Sidekick: "match you with a business that aligns with your goals and lifestyle." FranServe: "pair you with a dedicated franchise consultant."FTC: "Ask who pays the broker and how the payment is calculated"

Related: do I need a franchise consultant, how to choose a franchise consultant, how franchise consultants help buyers.

Waiting period: FTC Consumer's Guide — 14 days. Rule cite: 16 CFR Part 436.

ClaimURLListed
Ask who pays the brokerftc.gov/business-guidance/resources/consumers-guide-buying-franchiseAsk who pays the broker and how the payment is calculated
FDD at least 14 days before sign or payftc.gov/business-guidance/resources/consumers-guide-buying-franchiseat least 14 days before you are asked to sign
Brokers paid only if a sale is madeftc.gov/business-guidance/resources/consumers-guide-buying-franchisepaid only if a sale is made
Read each of the 23 numbered Itemsftc.gov/business-guidance/resources/consumers-guide-buying-franchiseRead each of the 23 numbered
FDD Items 5-7 initial and ongoing costsftc.gov/business-guidance/resources/consumers-guide-buying-franchiseInitial and Ongoing Costs (FDD Items 5-7)
Item 19 financial performance representationsftc.gov/business-guidance/resources/consumers-guide-buying-franchiseFinancial Performance Representations (FDD Item 19)
Item 20 growth and owner turnover chartsftc.gov/business-guidance/resources/consumers-guide-buying-franchiseItem 20 provides charts showing growth and owner turnover
Current and former franchiseesftc.gov/business-guidance/resources/consumers-guide-buying-franchisecurrent and former franchisees
FTC Franchise Rule is 16 CFR Part 436ftc.gov/legal-library/browse/rules/franchise-rule16 CFR Part 436
FranNet consulting cost is zero / absolutely freefrannet.com/faq/Zero. Working with FranNet is absolutely free.
FranNet broker fee from the franchisefrannet.com/faq/broker fee directly from the franchise
FranNet introduces many different franchisorsfrannet.com/franchise-consultants/introduce you to many different franchisors
FranNet at no cost and no obligationfrannet.com/franchise-consultants/at no cost and no obligation to you
KLC consulting 100% free for investorsklcfranchise.com/100% free for investors
KLC compensated by the brandsklcfranchise.com/compensated by the brands
KLC adds no cost to youklcfranchise.com/adds no cost to you
Entrepreneur: free of chargeentrepreneur.com/.../431754free of charge
Entrepreneur: compensated by franchisors on closeentrepreneur.com/.../431754compensated by franchisors upon the close of a sale
Entrepreneur: go it aloneentrepreneur.com/.../431754go it alone
Entrepreneur: find opportunities on the internetentrepreneur.com/.../450081certainly find franchise opportunities on the internet
Glover provides free franchise consulting servicesgloverfranchising.com/provides free franchise consulting services
Glover will introduce you to the franchisorsgloverfranchising.com/We will introduce you to the franchisors
Candidate does NOT pay anything additional (Glover disclosure)gloverfranchising.com/broker_disclosure_document.aspThe candidate does NOT pay anything additional to work with a franchise consultant.
Franchise company pays consultant on executed agreement (Glover)gloverfranchising.com/broker_disclosure_document.aspThe franchise company pays the consultant if it results in an executed franchise agreement.
CTA ten questions to ask any franchise consultantctacquisitions.com/franchise-consultants-how-to-vet/ten questions to ask any franchise consultant before you accept brand introductions
CTA paid only if you signctacquisitions.com/franchise-consultants-how-to-vet/the consultant is paid only if you sign
Sidekick matches goals and lifestylefranchisesidekick.com/match you with a business that aligns with your goals and lifestyle
FranServe pairs a dedicated franchise consultantfranserve.com/pair you with a dedicated franchise consultant who’ll help you explore your options
FranServe help all 100% freefranserve.com/all 100% free

Frequently Asked Questions

Are franchise consultants worth it?

Worth the time for introductions, not as a substitute for diligence. FranNet says "absolutely free" and can "introduce you to many different franchisors." KLC says "100% free for investors." The FTC says "Ask who pays the broker," then wait "at least 14 days before you are asked to sign" and call Item 20 franchisees.

What is the usual cost to the buyer?

Usually nothing out of pocket. FranNet says "Zero. Working with FranNet is absolutely free." KLC says "100% free for investors" and is "compensated by the brands." The FTC says "Ask who pays the broker and how the payment is calculated."

When is a consultant not worth it?

When you already have a target brand, when you need a legal opinion, or when the consultant will not discuss a walk-away. Entrepreneur says you can "go it alone" and "certainly find franchise opportunities on the internet." Keep your own attorney and accountant for diligence.

Does walking away cost the consultant?

On the common commission model, yes. The FTC says brokers are "paid only if a sale is made." CT Acquisitions says "the consultant is paid only if you sign." Glover's disclosure says "The franchise company pays the consultant if it results in an executed franchise agreement." That is why independent FDD review matters.

Can I go it alone, and what about the 14-day wait?

Yes. Entrepreneur says you can "go it alone" and "certainly find franchise opportunities on the internet." The FTC still requires the FDD "at least 14 days before you are asked to sign," and Item 20 lists "current and former franchisees" to call.