Deciding to buy a franchise isn’t just about finding the right brand—it’s about figuring out how you’re going to pay for it. In other words, financing a franchise. That said, after 24+ years in...
Franchise Financing
Joel Libava
Are Interest Rate Cuts Coming To A Bank Near You?
Let’s talk about interest rates. And potential rate cuts. According to an article published on CNN in January of this year, “The central bank has raised rates 11 times since March 2022 in a bid to...
Use ROBS Franchise Finance Option To Fund Your New Business
ROBS? Who the heck is that? It’s the name of a guy I know who specializes in franchise finance options. He’s nice, too. STOP I’m kidding. ROBS isn’t some guy I know. Instead… Don’t...
401(K)Franchise Financing: Using A 401(K)To Start A Business
(This guest post is about how to use a 401k to start a franchise business. It’s another form of financing you need to explore. And it’s courtesy of Guidant Financial-I’m an affiliate.) If you’re...
The Honest Truth About Low Credit Scores And Franchising
If anyone in franchising tells you your low credit score won’t affect your ability to buy a franchise…they’re being dishonest. But why would someone do that? To give you hope. And if they happen to be...
Have You Thought About Getting A Small Business Line of Credit?
(The topic of this Sponsored Post, a Small Business Line Of Credit and what it may be able to do for your franchise business, from Financing Solutions, is worth a read.) You have already done the hard work. You bought...
Attention Franchise Owners! Stop Making These 5 Credit Mistakes
(Guest Post) Owning a franchise is a heavy commitment, but one that can be immensely profitable if done well. For the fifth consecutive year, the International Franchise Association reports that the franchise business...
3 Words That Will Put The Kibosh On Your Franchise Dream
These days, there are lots of things that can put the kibosh on your dream of owning a franchise. In this franchise blog post, I’m going to go over one of them. Warning: If you’re low on funds, you’re...
Small Business Loans: How To Get One
(This detailed “how-to get a small business loan” article – written by Kate Williams, Ph.D., first appeared on ConsumerAffairs.com. Used with permission) Introduction According to The SBA Loan...
How Much Money Do You Need To Buy A Franchise? Part 2
(This is about how much money YOU need to buy a franchise. Not that guy!) We should probably get this out of the way right now; you don’t need to have “Warren Buffet” money to buy a franchise. Feel...
How Much Money Do You Need To Buy A Franchise?
Most of time (when I’m out and about), whenever I share what I do for a living, I’m usually asked this: How much does it cost to buy a franchise? In this post, I’m going to answer that question...
Could Denver Be The Best Place To Start A Franchise?
Before I get into the topic at hand-whether or not Denver is the best place to start a franchise business, I’d like to share what I know about the city. My dad traveled a lot when I was a kid. He worked for a...
This Is How To Get A Franchise Loan From Your Rich Uncle
(The rich uncle) It’s not exactly easy to get a franchise loan these days. It’s not impossible, thanks to businesses like this one…but it’s not as easy as it used to be thanks to 2008 market...
The Magic Of Franchise Financing
(Guest post) Can you become rich by opening up a franchise? Possibly! However, if you’re able to open 5 or 10 successful franchise locations, you’re more likely to get rich. The good news is that a business owner...
