Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Franchise Leadership & Development: Portal Leads VS Broker Leads 

Are you a franchisor looking for franchisees? There are different routes to take when looking for the right resources for franchise leads.

  • Portal Leads
  • Broker Leads

But first what are portal leads and broker leads, and is the best route to take for the best outcome?

Portal leads are developed in a business website that strives to provide franchisors with the best leads to find franchisees. Why are these desirable? Portals are one of the highest producing channels to receive leads. 70% of those who submit through portal websites end up at the franchisor’s site and 41% then submit again.

 

Now, what about broker leads? Broker leads help find the potential franchisees and match them with the correct franchising opportunities. Technically connecting a buyer and seller. Broker leads can be on the pricier side compared to website portals. Brokers tend to need to have a larger marketing spend over portal leads.

With websites like us at FranchiseHelp, we help provide the largest volume of franchise leads in the entire industry. Best-in-class lead generation from the savviest engineers, and results-driven support.

FranchiseHelp is woven into the Fabric of Franchising. 

Rebecca Holmboe Marketing Manager
How Franchisees Can Grow Their Sales

However, once the ribbons come down and time passes, franchisees begin to recognize the challenge ahead and that, in many ways, they're on their own: regardless of the amount of support their franchisor provides, the franchisee is ultimately responsible for generating sales for his or her new business.

Choosing Between a Franchise and Starting a Business

Owning your own business has always been a linchpin of the American Dream. With the advent of franchising, prospective owners now face a choice between running an independent business and operating their business unit as part of a franchise system. Put differently, they can launch a brand new restaurant churning out specialty cakes and ice cream sundaes, or open a Cold Stone Creamery location. Determining the right option for you comes with some complexities, but there are a couple of primary factors to consider: Your risk tolerance and your personality type.

Contact Rate Is Overrated (Here’s The Metric To Grow Your Franchise Brand Instead)

Whether you’re playing baseball or selling franchises, don’t be overly focused on contact rate. It’s important, but contact to appointment rate takes precedence.