Each year, hundreds of thousands of people from all walks of life and backgrounds bring their business ownership dream to life by purchasing a franchise. If you are thinking of following that well-forged path to personal satisfaction and profitable success, then here are 3 franchise financing options to consider:
Many things have changed in the last several years. For example, there is now a generation of people that cannot comprehend what life was like when “the web” was exclusively where spiders lived, and when the only people who said “iPhone” were those who needed some remedial help with their pronouns.
When it comes to obtaining a bank loan, bad credit isn’t just a thorny issue: it’s an immovable obstacle. Indeed, for reasons that have little to do with reducing risk and much to do with generating profit, over the last decade banks have severely tightened up their small business lending requirements. In particular they insistRead More
Despite the fact that farm workers comprise less than 2% of the U.S. workforce, they collectively generate more than $200 billion dollars a year in food commodities. To achieve this staggering level of productivity — and ultimately put food on the table for hundreds of millions of people at home and abroad — farms, whetherRead More
The business landscape is full of terms that sound standardized and even scientific, but there are also terms that are named subjectively. There’s no better example of this subjective naming than when the spotlight shines on “quick business loans.”
While businesses in many sectors experience ebbs and flows, in the contracting world it’s a foregone conclusion that boom times will be followed by some belt-tightening. In fact, a substantial drop in demand is so predictable, that it even has its own label: “the slow season.”
Restaurant ownership is not, to put things mildly, for the faint of heart. Margins are thin to begin with, and are constantly at risk of becoming thinner. Customer tastes, trends and preferences ebb and flow. Supply chain management can make working in a busy air traffic control tower seem like a walk in the park.Read More