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Description of Business Network International Franchise
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BNI® is a business for people who are passionate about business. With over 210,000 members in 7,800+ chapters worldwide, BNI provides a global business network that remains unmatched. BNI continues to grow because it solves a fundamental challenge all professionals face: What is the best way for me to generate referrals and more sales?
Our franchisees help start and grow BNI chapters, earning revenue from members who pay a modest membership to join an organization that essentially adds a roomful of sales people to their team.
Franchise advantages of Business Network International:
- Established Brand: Proven track record of sustainability, growing steadily for over 30 years thanks to the ability to deliver value to members regardless of the economic climate.
- Low Overhead: Labor costs for operating a BNI franchise are fairly low. Chapter meetings are typically held at locations with low operational costs. Plus, franchisees are able to scale up operations gradually as they increase their membership.
- Clear Sense of Purpose: BNI franchisees see the difference they’re making in the world and how they are part of a company that believes in social responsibility.
- Positive Economic Impact: BNI referrals generated more than $11 billion globally for member businesses in 2016, helping to grow local businesses create more jobs.
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Size of stores, sales offices
Basic office structure needed. Meetings are held at hotels, venues, conference centers, etc...
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Franchise offer
Seeking Master Franchise regions in Russia – with potential for 10,000+ members per region – franchisees will develop their own regions and also sub-franchise. Revenue sources are membership fees, training, sub-franchisee fees and sub-franchisee royalties.
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Business model
Depends per location.
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How much does Business Network International franchise cost?
Business Network International has the franchise fee of up to $65,000, with total initial investment range of $65,000 to $90,000.
Initial investments: $65,000 to $90,000 (depending on region size)
Payback period: to be determined.
Average turnover per month: to be determined.
Royalties: 7%
Lump-sum payment: $65,000 (includes training, IP, online platform, 1st convention)
Other current payments: None.
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- Full time and effort from one of the partners
- Аbility to have 6 months working capital.