However good your business plan and however buoyant your enthusiasm for a future in franchising, there is one barrier that can prove particularly challenging for a potential franchisee: sourcing the necessary money to turn your dream of business ownership into reality.
The toughened stance taken by banks after the liberal flow of capital pre-GFC has been softened, the banking world insists. But don’t take that to mean there is a ready supply of easy money just when you need it. Your friendly bank manager or the boss of a franchise division of a major bank will be casting a critical eye over the plans you have, the commitment you show for the project, and evaluating the numbers presented to them.
Funding for your future… carry on reading.
Sourcing Funding For Your Franchise Future
October 17, 2011 by Mark | 0 Comments