Description of Business Network International Franchise
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.
Size of stores, sales offices
Basic office structure needed. Meetings are held at hotels, venues, conference centers, etc...
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.
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.