Financing For Franchises

Wednesday, January 25, 2012

Owning a franchise can be a profitable business venture. However, there are costs involved with owning a franchise. Any business undertaking takes capital to start. A franchise is no different.  To be a part of a franchise, you have to pay an initial fee. This fee is usually quite large. Buying a franchise can seem like an unattainable dream for the majority of people. Most individuals do not have the funds available to purchase a franchise with cash. People who not have the money to buy a franchise outright must consider financing for franchises.  Read More

Franchises that Offer Financing

Wednesday, November 16, 2011

If you’re looking to buy a franchise and you want get help with financing the purchase, you might want to look for franchises that offer financing. With credit markets tight and with traditional lending at a standstill, being able to afford a franchise might come down to the franchisor and their financing options. Read More

SBA Approved Franchises

Wednesday, October 12, 2011

The Small Business Association, SBA, has developed a list of approved franchises.  This select list of franchises has passed the muster of the SBA and has qualified for a simplified financing process. Read More

401K Franchise Buying Overview

Wednesday, September 07, 2011

Did you know that you can use your 401K to fund a new franchise, start-up company or an existing business without tax penalties or early distribution penalties?  Knowing this strategy may help you fulfill your dreams of business ownership.
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Franchise Financial Statements

Wednesday, August 17, 2011

When reviewing the Franchise Disclosure Document, most prospects’ need to carefully glean the financial statements and confirm if they are ready to partner with a Franchisor.  This part of the due diligence process can often “make or break the deal.” Listed below are several important items you will want to evaluate in the Franchisor’s financials: Read More

Where's the Money to Buy a Franchise?

Wednesday, August 03, 2011

Once a client has had an initial conversation with a Franchisor, they are most likely to ask the following questions: “How much is this going to cost and what funding options are available? Read More

Buying a Franchise with No Money

Wednesday, February 09, 2011

Being under capitalized is basically not having enough money to run your business and live a life. And buying a franchise with no money is a formula for financial disaster. Read More

Financing a Start Up Franchise

Wednesday, January 19, 2011

Wanting to start a franchise is easy. Just decide to “go for it” and make it happen. On the other hand, getting the financing to invest in a start-up franchise, for most, is the tricky part. Read More

Franchise Financing Options

Wednesday, April 07, 2010

Various Franchise Financing Options exist and the following table compares each option. Side-by-side comparisons for Small Business Administration programs; Micro loan, 504, Patriot Express and 7(a). Also, compare the differences in Home Equity financing verses using a 401(k) Conversion. While everyone has unique requirements and circumstances, this chart will lay out the option in a non-biased format. Read More

How Can You Finance a Franchise Purchase?

Thursday, March 04, 2010

You are interested in purchasing a franchise business, and are wondering how you can finance the "start-up" money or capital that you will need to finance a franchise purchase. You know that you will not be receiving an inheritance or lavish monetary gift anytime soon, so you are looking at other ways to get the money.  Read More