Exploring franchise ownership? There’s a lot to think about. Which brand is the best fit? What’s the local market potential? Is real estate available? Will you be involved in the day-to-day operations? Or will someone else manage the business? And let’s not forget one of the most important considerations. How are you going to pay for the business?
"Whatever you do, don't touch your retirement funds!" How many of us have heard that before? Often, we are told by our financial advisors, friends, and family, that these funds are sacred. If your clients have asked for guidance on this, consider the following.
SCORE, a 55-year-old nationwide non-profit organization, provides free mentoring services to business owners. In this video, they explore what a franchise is, the types of franchises that are available, how to choose one to fit your needs, as well as the cost of buying into and operating a franchise.
FranFund Senior Funding Consultant, Shirley Kefgen, joins the Hire Yourself team to discuss all the different types of loan options available to franchisees from SBA loans to lines on brokerage accounts. They also talk about the five most common franchise funding mistakes and how to avoid them.
Adam Goldman of The Franchise Consultant Podcast talks with our FranFund Senior Funding Consultant, Shirley Kefgen. They discuss two of our main funding solutions that business owners can consider when launching or expanding their business. They also talk about how recent changes have impacted the franchise industry.
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