A franchise consultant is a business guide with expertise in the franchising industry. They give advice on topics such as franchising operations, companies, and relationships.
A reputable franchise consultant will have year's experience in advising potential franchisor's and franchisee's on the best options available when expanding a business as a franchise opportunity, or in deciding on buying into a franchise industry.
Therefore, franchise consultants can help individuals select and evaluate a franchise opportunity, in understanding the "offering circular", and also help indivdiuals negotiate the franchise agreement. While a franchise consultant's skills are deemed invaluable, it is also wise to consult a franchise attorney when it comes to reviewing the franchise agreement.