Franchise Buyers Desk

do I need a franchise consultant

You do not need a franchise consultant. Entrepreneur says you can "go it alone" and "certainly find franchise opportunities on the internet." FranNet says it can "introduce you to many different franchisors" and is "absolutely free." KLC says "100% free for investors." Receive the FDD at least 14 days before you are asked to sign.

Last updated: September 4, 2026

Required vs optional

StepRequired to buy?Who does it
Franchise consultantNoOptional introducer — Entrepreneur go-it-alone; FranNet introduce
FDD delivery and 14-day waitYesFranchisor, under the FTC Franchise Rule (16 CFR Part 436)
Item 20 franchisee callsBuyer due diligenceYou, using Item 20 current and former franchisees
Attorney and accountantBuyer due diligenceFTC: Consider having an accountant; Accountants and Lawyers

Related: how to choose a franchise consultant, how franchise consultants help buyers, what does a franchise broker do.

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

ClaimURLListed
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
Ask who pays the brokerftc.gov/business-guidance/resources/consumers-guide-buying-franchiseAsk who pays the broker and how the payment is calculated
Brokers paid only if a sale is madeftc.gov/business-guidance/resources/consumers-guide-buying-franchisepaid only if a sale is made
Item 20 / current and former franchiseesftc.gov/business-guidance/resources/consumers-guide-buying-franchiseItem 20; current and former franchisees
Accountant diligenceftc.gov/business-guidance/resources/consumers-guide-buying-franchiseConsider having an accountant
FTC Franchise Rule is 16 CFR Part 436ftc.gov/legal-library/browse/rules/franchise-rule16 CFR Part 436
FranNet introduces many franchisorsfrannet.com/franchise-consultants/introduce you to many different franchisors
FranNet absolutely free for buyersfrannet.com/faq/Zero. Working with FranNet is absolutely free
FranNet broker fee from the franchisefrannet.com/faq/broker fee directly from the franchise
KLC 100% free for investorsklcfranchise.com/100% free for investors
KLC compensated by the brandsklcfranchise.com/compensated by the brands
Entrepreneur: find opportunities on the internetentrepreneur.com/.../450081you can certainly find franchise opportunities on the internet
Entrepreneur: free of charge / go it aloneentrepreneur.com/.../431754free of charge; compensated by franchisors; go it alone

The FTC Franchise Rule is 16 CFR Part 436. Receive the FDD at least 14 days before you sign or pay. Ask who pays the broker and how the payment is calculated.

Sources (fetched 4 Sep 2026): Entrepreneur — go it alone / internet; Entrepreneur — free of charge; FranNet franchise consultants; FranNet FAQ; KLC Franchise; FTC Consumer's Guide; FTC Franchise Rule.

Frequently Asked Questions

Is a franchise consultant required to buy a franchise?

No. You can contact a franchisor, request the FDD, and hire your own attorney and accountant without a consultant. Entrepreneur says you can "go it alone" and "certainly find franchise opportunities on the internet."

When does a consultant add a step buyers cannot skip?

Never. Introductions are optional. The FDD waiting period, Item 20 franchisee calls, and independent legal review are not optional substitutes.

If I skip a consultant, do I still get the FDD?

Yes. The franchisor must give you the FDD. The FTC Consumer's Guide says you must receive it at least 14 days before you are asked to sign.

Who pays if I do use a consultant?

FranNet says it receives its "broker fee directly from the franchise," and KLC says "compensated by the brands." The FTC says "Ask who pays the broker and how the payment is calculated" and "paid only if a sale is made."

Do I need a franchise consultant?

No. Entrepreneur says you can "go it alone" and "certainly find franchise opportunities on the internet." FranNet says introductions are "absolutely free." KLC says "100% free for investors." You still need the FDD at least 14 days before you are asked to sign.