Franchise Source Brands International to Increase Global Presence with UK Development
Leading Multiple Brand, Professional Coaching Franchisor Targets Eight UK Territories for Franchise Expansion Franchise Source Brands International (FSBI) has announced that it is has initiated a strategic global expansion program to significantly increase its international presence. The 300-plus unit multi-brand franchisor, specialising in professional coaching under widely recognised brand names The Entrepreneur’s Source®, AdviCoach®, Expense Reduction Consulting® and Business Partner® Marketing Coach, as well as Decor & You®, is initially targeting the United Kingdom and plans to continue growth outward from there.
“We’re ripe for major international expansion,” said Terry Powell, founder and CEO of FSBI. “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 programs, 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 (RD) model, FSBI is awarding qualified individuals the opportunity to lead its brands’ expansion in designated territories. FSBI’s RDs 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 fees.
FSBI has carved out eight United Kingdom regions in which it will be awarding RD agreements, including the southwest, southeast, London and west midland. Earlier this year, FSBI signed its first RD agreement in the British Isles with Dublin, Ireland-based businessman John Culliney. The continued expansion indicates a sustained commitment to global growth.
“FSBI is tapping into one of the world’s leading economies. It’s a natural step for us to take as an organisation,” added Powell, who founded the company more than 25 years ago. “Our concepts transcend borders and address business issues facing companies in every modern society.”
With its global development plans, FSBI is extending its dominant position in the business coaching and consulting industry. Currently, FSBI captures 33 percent of the professional coaching sector.
The growth into the United Kingdom serves as a catalyst for FSBI’s expansion into additional European markets. For more information on regional developer opportunities, please click here.