By Mandy Bradshaw Sponsored post Buying a franchise can be exciting because you’re not starting completely from scratch. There’s already a brand, a business model, a system, and a path that others have followed before you. For many future business owners, that structure is a big part of the appeal. But structure does not remove […]

The post What to Know Before You Seek Franchise Business Financing appeared first on The Franchise King®.

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 franchising, I’ve watched countless aspiring franchise owners struggle with the financing question, often making costly mistakes that could have been avoided […]

The post Top Franchise Financing Options For Today’s Franchise Buyers appeared first on The Franchise King®.

While the SBA (Small Business Administration) doesn’t fund businesses directly, it does denote certain banks as SBA Preferred Lenders. And if you’re about to buy a franchise, applying for a franchise loan through a Preferred Lender is definitely the way to go. In this post, I’m going to provide you with an up to date, […]

The post Turn Your Franchise Dreams Into Reality With This SBA Preferred Lender List appeared first on The Franchise King®.

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 combat the fastest inflation in decades. Price hikes have eased substantially since then, inching closer to the Fed’s 2% target. That means the Fed is due […]

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Many aspiring entrepreneurs consider various options to fund their ventures. One question that often arises is whether you can use your 401k to buy a franchise. The answer: yes you can! If you’re qualified, you can use some of your retirement funds to finance a portion of your franchise business start-up. To qualify, you must […]

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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 stop reading now. Especially if you’re serious about buying a franchise this year. What Are ROBS? According to the folks at […]

The post Use ROBS Franchise Finance Option To Fund Your New Business appeared first on The Franchise King®.

(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 looking to buy a franchise to fulfill your dreams of entrepreneurship, your first thought may be that you’ll need a small […]

The post 401(K)Franchise Financing: Using A 401(K)To Start A Business appeared first on The Franchise King®.

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 the franchise seller, they don’t want to lose you. But can you buy a franchise if your credit score […]

The post The Honest Truth About Low Credit Scores And Franchising appeared first on The Franchise King®.

(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 your franchise, but like all good businesses, there are ups and downs…especially when it comes […]

The post Have You Thought About Getting A Small Business Line of Credit? appeared first on The Franchise King®.

(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 climate is improving, and the gap between what franchise owners need for capital – and what they can get – is decreasing. […]

The post Attention Franchise Owners! Stop Making These 5 Credit Mistakes appeared first on The Franchise King®.