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A. Business referral groups, also called business referral networks or leads clubs, are networking organizations with a difference: They’re all about giving and getting referrals. For business owners who want to get fast results, a business referral group can offer a proven way to get more referral customers.

In the US, there are 10+ franchise companies in ‘local business referral group’ management business managing thousands of groups. It means, it a a proven business model.

One such franchise company is BNI.com. It has 10,000 referral groups in the U.S. and 50+ other countries.