You’ve decided on your franchise, you’ve done the legwork, taken in the logistics and have considered how it will impact your life from every possible angle. The only question left is how you are going to pay for it all. If you’re looking for franchise financing, here’s what you need to know. You Need a …
In many cases, entrepreneurs need to get financing for the franchises they buy. This can make it take longer to get a franchise going, and it can be intimidating for many people who want to start a business. Instead of being intimidated by the available methods for financing franchises, familiarize yourself with the financing options …
A low cost franchise may be priced so low that a lending institution won’t consider a business loan for it. In some cases, financing isn’t necessary with a low cost franchise because the franchisee has enough in savings to cover it. But in other cases, some level of financing is needed. There are many places …
In any economy, franchises are a cost-effective way to start a new business. However, during an economic recession they are even more sought after as a way of keeping costs low without risking a new and unproven business concept that may not prove to be successful. Starting franchises is less risky than an unproven business …
The biggest killer of new businesses, including franchises, is lack of sufficient capitalization. Avoid this fate! http://www.franchisegenius.com/How-to-Avoid-Undercapitalization-Article/
