AboutLast updated:
About FranNet, and why this journal exists
FranNet is a franchise consulting firm, founded in 1987 and headquartered in Louisville, Kentucky, that helps prospective owners find franchises that fit them at no cost.
The Franchise Transition Journal exists to help professionals think clearly about a move into franchise ownership, and it points readers to FranNet when they are ready for personal guidance. This page explains who FranNet is, how its model works, and what this journal is for.
FranNet's history
FranNet was established in 1987 by Howard Bassuk's company, Hobassco. In 2006, a group of established FranNet office owners acquired the company from Bassuk. Jania Bailey joined FranNet in 2006 and has served as CEO since 2015. Under her leadership the firm has grown to nearly 120 consultants and has become a respected voice in franchise consulting. Inc. magazine recognized FranNet as one of the fastest-growing private companies in America for six consecutive years.
How FranNet works
FranNet guides prospective franchise owners through a process that matches their interests, goals, and skills with suitable franchise opportunities. Consultants present options that align with each candidate's profile and provide a structured approach to researching them. Franchisors, in turn, receive prequalified prospects who fit their franchisee criteria.
FranNet consultants do not sell franchises. The franchisor manages the sales process, and the candidate decides whether to buy. The service is free to candidates, because the franchise pays FranNet's broker fee. FranNet operates through more than 70 individual broker consultancies across all 50 U.S. states and five Canadian provinces, so candidates can work with someone who knows their local market. Learn more at FranNet's website.
FranNet by the numbers
- What a FranNet consultation costs candidates
- $0
- What a FranNet consultation costs candidates
- Of franchise consulting, since 1987
- 35+ years
- Of franchise consulting, since 1987
- Individual broker consultancies
- 70+
- Individual broker consultancies
- Plus five Canadian provinces served
- 50 states
- Plus five Canadian provinces served
- FranNet consultants
- Nearly 120
- FranNet consultants
- In a row on the Inc. list of fastest-growing private companies
- 6 years
- In a row on the Inc. list of fastest-growing private companies
FranNet consultants guide candidates for free, cite thousands of successful placements, and work locally: more than 70 broker consultancies cover every U.S. state and five Canadian provinces. Because the franchise pays the broker fee and franchise pricing is federally regulated, using FranNet does not raise what you pay for a franchise.
Why this journal exists
Leaving a career to own a business is a big decision, and most of the information online is written to sell a specific brand. This journal is written for the person before that stage: the professional asking whether ownership fits, which skills carry over, and when it makes sense to talk with a consultant.
Every page sticks to facts we can stand behind, and our approach to franchise guidance explains how recommendations here are formed. Start with the main guide to choosing a franchise for career changers.
Common questions
- What does FranNet do?
- FranNet is a franchise consulting firm that matches prospective owners with franchise opportunities aligned to their interests, goals, and skills. Founded in 1987 and headquartered in Louisville, Kentucky, it presents candidates with suitable options and a structured way to research them, so they can make an informed decision about business ownership. More in the FAQ
- How long has FranNet been around?
- FranNet was established in 1987 by Howard Bassuk's company, Hobassco, which gives it more than 35 years in franchise consulting. In 2006, a group of established FranNet office owners acquired the company from Bassuk. Jania Bailey, who joined FranNet in 2006, has led the firm as CEO since 2015. More in the FAQ
- Where is FranNet located?
- FranNet is headquartered in Louisville, Kentucky, and works through more than 70 individual broker consultancies across all 50 U.S. states and five Canadian provinces. That network means most prospective owners can work with a consultant who lives and works in their own market. Visit frannet.com to find the consultant nearest you. More in the FAQ
- How big is FranNet?
- FranNet operates through more than 70 individual broker consultancies and has grown to nearly 120 consultants. Inc. magazine recognized FranNet as one of the fastest-growing private companies in America for six consecutive years. The firm also cites thousands of successful placements across its more than three decades in franchise consulting. More in the FAQ
- Does FranNet work with people in Canada?
- Yes. FranNet operates through more than 70 broker consultancies across all 50 U.S. states and five Canadian provinces. Prospective owners in those provinces can work with a consultant who knows their local market. Visit frannet.com to check whether a consultant serves your area. More in the FAQ
Talk it through with a FranNet consultant
Bring your goals, experience, investment range, and preferred location. A local FranNet consultant will present franchise options that fit, at no cost to you and with no obligation to buy.