FranFund Blog

Welcome to our FranFund Blog!

Why Not Use Both?

Consider using multiple funding sources

You’ve probably heard the buzzword “diversification” in relation to the stock market; the practice of...

Celebs who Franchise

When your kid said they wanted to be like Shaquille O'Neal or Drew Brees when they grew up, we can almost guarantee they didn't mean future franchise...

Essential Skills to Have When Starting a Franchise

Starting a franchise business is an excellent opportunity for anyone looking to become an entrepreneur. Unlike starting a business from scratch, it...

Looking forward to IFA

IFA (International Franchise Association) is the world’s largest organization for franchise leaders. Every year, IFA hosts an annual convention that...

3 Ways to Win in 2022

I, for one, will be glad to see 2021 in the rearview mirror. It was a challenging year in many ways, unusual for sure. If you made it through the...

Veterans in Franchising

"Go into business for yourself, but not by yourself."

-VetFran

Credit Scores: The Good, The Bad, & The Ugly

Did you know your credit score is an important part of starting a business? Keep reading to learn more about credit, how your credit score is...

How Owning a Franchise Can Positively Impact Your Lifestyle and Family

People who know me know that I've been around the franchise industry my entire life. I grew up working at a franchise company from a young age and...

3 Signs It’s the Right Time for You to Launch Your Business

As you sit in your designated workspace, thoughts may often drift away from the task at hand. 

Top 5 Questions Franchise Prospects Ask When Ready to Own a Franchise

From time to time, I have people looking to buy franchises asking me, Johnny Franchise, for advice. Well, I am not really a “Matchmaker.” I do like...

Entrepreneurship and Fatherhood: The Ultimate Mentorship

Nothing can prepare you for the joys of fatherhood. Everything changes the day you set eyes on your newborn, and a new path — full of love and...

Why 2021 Ushered in a Great Time for Starting a New Business

Have you been thinking about starting your own business or opening your favorite franchise? Most of us have at least dreamed about it at some point,...

Why Now Is the Perfect Time for Franchising

Why is now the perfect time for franchising?

Is Using My 401(k) the Right Strategy to Start a Business?

For ambitious entrepreneurs debating their best funding options for their business, this question is often posed: Can I use my 401(k) as an...

Celebrating the Legacy of Black Entrepreneurship

During the month of February, we celebrate Black History Month.

All of us are well aware of the significant contributions made to our society by the...

3 Similarities Between Franchise Business Ownership and Football

“Take one for the team.”

“Offense sells tickets, defense wins championships.”

There sure are a lot of football cliches used in the workplace! As...

Dr. Martin Luther King, Jr.'s Influence Inspires Change and Growth

“The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and...

4 New Year's Resolutions for Small Business Owners

“Next year is going to be even better than this year.”

This might normally sound like a worn-out cliché, but after the year we've just had, hopefully...

Opportunities for Savvy Franchise Entrepreneurs in the New Year

2020 is almost over and 2021 is right around the corner. If you’re a small business owner, this year may have felt like a full decade! As we look...

3 Common Questions for ROBS Experts

If you’ve considered using Rollover for Business Startup (ROBS) as a franchise funding strategy, you may already be familiar with many of the basics....

4 Things Dogs Can Teach Us About Franchise Entrepreneurship

It’s dog-eat-dog. Let sleeping dogs lie. The tail is wagging the dog.

National Entrepreneurship Month: A Reason to Celebrate

Think all entrepreneurs are whiz-kid tech titans or eccentric inventors? Great Scott! Think again. In fact, there’s no definitive profile of an...

Honoring Veterans and their Contributions to our Country

With 17.4 million veterans in the United States, chances are you have at least one family member you give a special thanks to every November 11th....

5 Things to Do Before Leaving a Corporate Job to Start a Franchise Business

“You miss 100% of the shots you don’t take.”

10 Franchise Terms You Should Know

There’s a good chance you’re familiar with the term franchise, and you may also be generally aware of how franchising works. If you’re exploring the...

COVID-19 and Franchising: Seven Months In

It has been more than seven months since the coronavirus pandemic began. Although the business world has been upended, there are signs of improvement...

5 Common Misconceptions about Franchising

You’re likely familiar with franchising. Franchises are a cornerstone of the American economy, employing millions of people and generating hundreds...

Inspiration Meets Opportunity During National Hispanic Heritage Month

The period from September 15th through October 15th is National Hispanic Heritage Month, which celebrates Hispanic and Latino Americans’...

FranFund's Journey Toward Diversity, Equality, and Inclusion (DEI)

There’s no getting around it. Our country has experienced a painful and challenging summer. In addition to the coronavirus pandemic, we’ve been...

How to Support Your Spouse When They Want to Start a Business

Starting a business may not be your personal dream. Your spouse, on the other hand, may have the entrepreneurial itch that drives them to take...

Why It's Important to Find the Right Suppliers

Starting your franchise business is probably one of the most exciting things you have ever done. And it should be! You’re embarking on a new career...

The Importance of Franchise Businesses in Local Communities

You’ve probably heard the phrase before, especially during election cycles. Small businesses are the backbone of America. You might be quick to roll...

Happy 4th of July!

After turning another page of the calendar in 2020, we will celebrate another major holiday in the middle of a pandemic. While our 4th of July...

Franchise Sectors Primed for Post-Lockdown Growth

Much attention has been paid to large companies that have thrived throughout the COVID-19 pandemic and the Great Lockdown. A few tech and eCommerce...

Ready to Reopen Your Small Business?

COVID-19 is here for the foreseeable future, and people across the country are adjusting to the new normal. While the future remains uncertain, there...

New Considerations in Lending

Those of you who have been in franchising for a while probably remember the Great Recession and its aftereffects. Banks were suddenly facing...

Starting a Business with Your Partner: 10 Things to Know

Starting a business with your significant other is an exciting venture, and there are a lot of perks. After several weeks of quarantine, you may have...

SBA Debt Relief - Great News if You Can Get Your Loan Closed in Time

Over the past several weeks, we have faced unprecedented business interruptions in the wake of the coronavirus pandemic. In response, the CARES Act...

What Does it Take to Get Your SBA Loan Funded?

As the borrower, you have an important role in the process.

Getting your Small Business Administration (SBA) loan approved is an important first...

Get Cash to Keep Your Business Running During Coronavirus

Update:  See our new Coronavirus related information here.

When you launched your business, who would have guessed you would need to prepare for a...

Dos and Don’ts in Credit: How to Qualify for a Bigger Business Loan

You probably know what a credit score is, but do you know how to protect it? By understanding what affects your credit score, you can make better...

Black Entrepreneurs Are Finding Success in Franchising

Thanks to franchising, the dream of business ownership has become a more realistic goal for all entrepreneurs. By investing in a proven model and...

SBA Loan vs. HELOC: Which Is the Better Business Funding Path for You?

There are multiple avenues for funding your business, and no one path is going to be the right one for everybody. On that note, people should take...

Score a Touchdown with FranFund

When it comes to getting funded with a Small Business Administration (SBA) loan, you must be confident in your game plan. You cannot win a game...

Does the Retirement Plan Savings - Secure Act of 2019 Impact You?

On December 20, 2019, President Trump signed the SECURE Act into law. SECURE stands for “Setting Every Community Up for Retirement Enhancement.” The...

It's the Most Wonderful Time of the Year

December is a slow month for some business owners. Customers are on the downswing of their buying cycles. It's a time for business owners to take...

Happy Thanksgiving

Thanksgiving is this week, which for many of us means time off of work to celebrate holiday traditions with our family and friends. A time to slow...

National Entrepreneurship Month

November is National Entrepreneurship Month, which celebrates our country's entrepreneurs who create jobs, spur growth, and push forward with...

Federal Interest Rates and Franchise Funding

Federal Reserve interest rates have been a hot topic in the news lately. With the Fed reducing rates last week, this is a great time to understand...

Can I Use My 401(k) to Start a Business?

For ambitious entrepreneurs debating their best funding options for their business, this question is often posed: Can I use my 401(k) as an...

Cost to Start a Franchise Business

Entry costs for franchising vary based on brand, location, industry (quick service restaurant, travel, beauty, etc.), and level of support. It’s...

Is a Franchise a Good Investment?

Are you considering business ownership and wondering if a franchise is a good investment? Owning a franchise can be a lucrative and rewarding...

FranFund Ranked No. 1 on Entrepreneur's Franchise Supplier Ranking

When you get voted #1, especially by the people who matter the most, you celebrate. At FranFund, we are in full celebration mode this week! We want...