Franchise Financing
Sources of Funding for Your Franchise Business
Before you start a franchise, you’re going to have to find funding for your business. There are many options for entrepreneurs in addition to the traditional business loan, including borrowing against a 401k and finding a private investor.
Veteran G.I. Bill & Franchise Education/Training
A new Bill (H.R.3351) was introduced by Rep. Tim Griffin on November 17, 2011 that would allow veterans who are interested in franchising, to use up to $15,000 in funds from their G.I. Bill to pay for franchise training or education programs.
It May Become Easier to Raise Capital for Small Businesses
Two measures passed through the House on Wednesday that would make it easier for small businesses to sell more shares with potential investors without all the pricey federal registrations rules. The two measures will increase the amount of shares a business is allowed to sell before registering with the Security and Exchange Commission.
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