Along with financing the start-up of your new franchise business, it’s important you have enough liquid capital to run the business until it starts generating positive cash flow. So, while you’re researching different franchise opportunities, you might want to ask franchisors and current franchisees how the corporate office ensures new franchisees have enough money early on.
Much like real estate sellers, franchise brands will take you more seriously if you can do step 3—show proof you’re likely to get a loan. Boefly, a company that matches prospective franchisees with lenders, offers a new tool that helps you to do just that.
Last week, I celebrated one of my favorite events of the year: The purchase of new running shoes. New shoes are hardly cause for celebration for most people, but to a runner, new sneakers mean a world of potential: Will I be faster? Will I run better? Will this be the fall I win a…
Franchise Business Review’s Nicole Kenney interviews franchise owner Kevin Lair to learn more about what it is like to own a Wild Birds Unlimited franchise store in Bend, Oregon. Learn more about Wild Birds Unlimited franchises near you.
Franchise Business Review Editorial Director Molly Rowe sits down with FirstLight HomeCare franchise CEO Jeff Bevis to learn more about franchise opportunities with FirstLight HomeCare, one of the top franchise opportunities in the senior care franchise industry. Request free franchise information on FirstLight HomeCare franchises near you
Franchise Focus founder and author of The Educated Franchisee, Rick Bisio, interviews Franchise Business Review founder and CEO Eric Stites. Hear the story of how Franchise Business Review got started and what trends will impact franchising over the next few years.
TeamLogic IT franchise owner Jim Hackett sits down with Franchise Business Review editorial director Molly Rowe and explains how he went from marketer to IT franchise owner.
Money Doesn’t Grow on Trees, but Franchise Financing is Out There if You Know Where to Look. Have you wanted to own your own business and wondered where you can find the capital to do so? The Franchise Industry offers many opportunities to borrow money, and many offer low start-up investments, which is especially attractive…