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Top 10 Funding Sources For Your Franchise Venture

UPDATED 8-4-22: Many people dream of owning a business at one time or another but determining what products or services to offer can be difficult. Franchise businesses are an excellent option as these business ventures are already branded so that most customers are already familiar with the franchise and the product or service has been ... Top 10 Funding Sources For Your Franchise Venture...Read More

By admin | Posted August 12, 2022

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Getting loan ready

How to Get Loan Ready for Your Franchise

So, you’ve decided to invest in a franchise and enter entrepreneurship as a franchisor. You’ve picked out the franchise you’d like to open up, met with a franchisor, and reviewed the Franchise Disclosure Document (FDD). Much like investing in starting a small business, franchises typically require a bit of capital to fund the purchase. There How to Get Loan Ready for Your Franchise

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By Deborah Sweeney | Posted September 30, 2019

Ice cream franchises

3 Types Of Franchises Perfect To Start In Spring And Summer

Have you always wanted to start a small business, but worry about the risks involved in succeeding with a startup? You may want to consider getting your feet wet by starting a franchise. Purchasing and running a franchise, whether it sells sandwiches or offers repair services, allows individuals to become franchisees. A franchisee can invest 3 Types Of Franchises Perfect To Start In Spring And Summer

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By Deborah Sweeney | Posted June 11, 2019

Three Franchisees Discuss How They Decided on Franchising

The decision to enter the franchise industry can be exhilarating, but also intimidating: With such a diverse array of franchise opportunities, how does one know which opportunity is right for you? It’s critical that you do your research, and understand all of the pros and cons.  The mission of the International Franchise Professionals Group(IFPG) is Three Franchisees Discuss How They Decided on Franchising

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By Staff Writer | Posted June 11, 2019

Veterans in Franchising

What Veterans Need To Know About Getting Started With A Franchise

Have you heard of the franchise JDog Junk Removal & Hauling? This year, JDog Junk Removal & Hauling opened its 200thfranchise . They’ve been in business for just seven years, and JDog is on its way to becoming the fastest growing junk removal franchise in the United States. However, what makes JDog stand out from What Veterans Need To Know About Getting Started With A Franchise

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By Deborah Sweeney | Posted February 5, 2019

royalty fees

How Significant are Royalty Fees?

Most people who have a general knowledge about franchising know that every franchisor charges a royalty fee. A franchise owner is contractually obligated to pay the franchisor a portion of their sales over the life of the agreement. The payment is normally made on a weekly basis. However, there is a lot of confusion regarding How Significant are Royalty Fees?

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By Rick Bisio | Posted January 2, 2019

local factors to consider

Consider Local Factors Before Purchasing a Franchise

Although the Franchise Disclosure Document (FDD) is a uniform document providing information about a franchise organization, there are many aspects about owning and operating a franchise that vary from state to state. This can include taxes, real estate leasing prices, operational costs and local licensing agreements. The Franchise Rule The first area of focus tends Consider Local Factors Before Purchasing a Franchise

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By Rick Bisio | Posted December 12, 2018

Franchise Disclosure

A Quick Primer Inside the Franchise Disclosure Document (FDD)

Before a franchisee makes the decision to invest in a franchise, they must thoroughly read the Franchise Disclosure Document (FDD). This document is typically provided to the franchisee by a franchisor once the franchisee has completed and submitted in their application. The FDD contains extensive details about the franchise system and franchisor’s expectations — broken A Quick Primer Inside the Franchise Disclosure Document (FDD)

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By Deborah Sweeney | Posted August 13, 2018

Financing a Franchise

5 Tips on Financing a Franchise

When it comes to financing a franchise, you have several options to choose from—withdrawing funds from your retirement account, small business administration loans, financing through the franchisor, home equity loans/second mortgages, borrowing from family or friends, or using your own savings. If you are opting for any sort of loan or outside financing, there are 5 Tips on Financing a Franchise

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By Eric Bell | Posted May 17, 2018

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