Before you buy a franchise, and before you apply for a small business loan, you’ll need to write a franchise business plan.
That’s because today’s small business lenders need to find reasons to say “yes” to your loan application. They tend to be a bit gun-shy when it comes to lending money to new businesses…even franchise businesses. And here’s a fund fact.
Small business loan officers get paid to do two things:
1. Protect their employers-the banks
2. Increase their bank’s loan portfolio-and profits
So, if they want to get paid (a bonus or a commission) they need to find a way to get your franchise loan approved. And if your loan gets approved, you get to open your franchise business.
Your Franchise Business Plan
There’s one thing that can greatly increase your chances of getting your franchise business loan approved. It’s this: a well written and well thought out business plan.
Fact: Putting together a good franchise business plan isn’t as hard as you think; you just need to know what to include in it. Great software can help you do it. But you need to make it compelling.
LivePlan Helps You Craft A Powerful, Compelling Franchise Business Plan
LivePlan is the world’s leading business plan software. It’s built for people just like you. People who want to be their own boss.
And the best part?
Your business plan will be hosted in the Cloud, so you can have access to it anytime, anywhere.
But more importantly, your franchise business plan will include every element your lender wants (and needs) to see.
So you can get a “yes.” A “yes” on your loan application. Hence, a “yes” to your dream of being in business for yourself.
“LivePlan is laser-focused on helping you start and manage a business plan as your business grows. An essential tool for launching a startup.”
– Inc Magazine
LivePlan Includes A 35-Day Money-Back Guarantee
If you use LivePlan to help you write your business plan, and you find that it doesn’t work for you-for whatever reason, just contact LivePlan headquarters within 35-days of your purchase, and they’ll gladly give refund your money.
That takes your risk out, right?
Buy LivePlan now, and get your franchise business open.
Finally, if you want to reach your financial goals and take control of your life, and you feel owning a franchise is the way for you to realize your dreams, you need to do things in the right way.
Like putting together a powerful franchise business plan with the help of LivePlan.