Franchising can be the perfect model for a young, driven person with goals and the ambition to thrive. Franchise Direct explores the advantages of taking the plunge.
Are you hoping to get a loan to buy a franchise? Before you book that appointment with a potential lender, you need to understand these six financial terms that professionals in the franchise industry use every day.
A franchisee can avail of many sources for financial assistance in starting up the franchise business. This can be in the form of a bank or other financial institutional loan, a loan from a family member or friend, or the franchisor might assist with funding for the franchise start-up costs.