Are you looking to buy a franchise? If so, and if you plan on getting a small business loan to start your new business, you’re going to need to write a franchise business plan. You knew that, right? Keep reading. Thorough. Not Complicated. Franchise business plans need to be thorough, for sure. But, they don’t […]

The post Franchise Business Plans Don’t Have To Be Complicated appeared first on The Franchise King®.

Obtaining a franchise loan is a little easier than it has been. But, not easy enough. Today’s small business loan underwriters are an extremely picky bunch. That’s why it’s important for you to have…   (All of your ducks in a row.)   Applying For A Franchise Loan When applying for a franchise loan, it’s […]

The post Applying For A Franchise Loan? You’ll Never Get One Without This appeared first on The Franchise King®.

(Courtesy of stephenhanafin on Flickr) I hope so. My good friend Barry, once told me this; “You can plan plans, but you can’t plan results.” Makes sense. And, it’s true. Story time….   My Plan 13 years ago, when I was recruited to help a struggling Ford franchise sell more vehicles-close more deals, I planned on doing […]

The post Attention Future Franchise Owners: Are You Going To Write A Business Plan? appeared first on The Franchise King®.

In case you don’t know, I’m a recovering franchise broker. And, while I wasn’t the most successful one among my peers and competitors, I was able to sleep soundly every night. Would you like to know why? I stuck to my core values. I focused on doing the right things. For example, if I didn’t […]

The post The Franchise Brokers Association is Raising The Bar appeared first on The Franchise King®.

Do you really think that you’ll be able to waltz into your local bank and get a small business start-up loan approved, quickly and easily? Really? Let me ask you a question that may seem off-topic with regards to my first question; Where do you get your news? The reason I’m asking you that is […]

The post No Business Plan Equals No Business Loan appeared first on The Franchise King®.

Your local business community could use some real American heroes right about now. If you’ve been downsized, maybe you’re interested in applying for this position. Here’s what you’ll need to qualify; Courage Money Management experience Local connections Aggressiveness Do you have all of those qualifications? Fantastic!   Can You Become a Local Franchise Superhero? If […]

The post Can You Become a Local Franchise Superhero? appeared first on The Franchise King®.

My wife, my daughter, assorted friends, and even some friendly aliens (not those kind of aliens!) frequently ask me why I'm always on the computer. I'm on the computer a lot, these days. But why? Well for one, that's where business happens. I used to concentrate only in my local area, but that was starting […]

The post How I Got An Unsolicited Product Review/Endorsement From A Small Business Powerhouse appeared first on The Franchise King®.

The folks at CNBC know how important the franchise industry is to the US economy. here, in an interview with the IFA's Matt Shay, a good discussion ensues. Also, a new franchisee of the UPS Store makes his case on why he chose now to go into business for himself. The lack of cooperation by […]

The post CNBC Discusses Franchising, Small Business Lending, And 2% Franchise Growth… appeared first on The Franchise King®.

What's The Deal? Maybe it's because of the debacle at Bank Of America. Maybe it's because of the mortgage crisis last year. Maybe some of the banks that are too big to fail are in bigger trouble than we think. Maybe Robert Reich is right. His article. I received a call today from a commercial […]

The post Some Banks Are NOT Open For Business; Why Won’t They Start Loaning Money To Small Businesses? appeared first on The Franchise King®.

According to Caron Beesley, a fellow writer over at Business.Gov, Starting your own business may be one of the biggest risks you will take in your life – and the statistics confirm it. According to the Small Business Administration (SBA), two-thirds of new businesses survive for a minimum of two years, with only 44 percent […]

The post Thinking About Starting A Business? appeared first on The Franchise King®.