August 23, 2011 11:56 ET

FranNet and BNI Form Partnership to Help Franchise Owners Grow Small Businesses

Networking and Education Critical to Small Business Success

LOUISVILLE, KY--(Marketwire - Aug 23, 2011) - Corporate refugees and other potential new franchise owners now have even more resources available through a new partnership between FranNet and Business Network International, the world's largest business networking organization.

FranNet, a North American network of franchise consultants, and BNI will combine efforts to educate BNI's members about franchising and what it offers. FranNet will receive access to BNI's own educational materials, including blog and podcast content, and its consultants will help new franchisees tap into BNI's vast, global network of members.

"It is a great match and will leverage the resources of two key industry players that help both launch and sustain small businesses," said Jania Bailey, FranNet President and COO. "There are several ways we can cross-promote and support each other's efforts through education. Like BNI, FranNet is committed to providing the highest quality of service possible to clients with whom we work."

The new partnership is important for two reasons. It enables existing franchisees that work with FranNet to easily access BNI's networking groups -- which helps drive sales and quicken ramp up -- and in return allows FranNet to help educate BNI members about potential franchise opportunities. Both will drive local business and find owners for growing brands.

BNI has chapters all over the globe and offers members the opportunity to share ideas, contacts and, most importantly, network for business referrals. FranNet, itself a franchisor, is the premier franchise consultant network and uses specific profiling and consulting processes to determine a business model unique to each person.

In the United States and Canada, more than 50 percent of the private workforce is employed by small businesses. Franchising is a key and growing part of small business, and the new agreement gives BNI access to FranNet's media content, webinars and other learning tools on the local and national levels.

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