It's certainly been a challenge this year.
(Getting a franchise business financed.)
According to Pepperdine University's Graziadio School of Business and Management, (in their State of Small Business report) 35% of the report's respondents who tried to raise capital in the past 12 months applied for bank-type loans; with only half succeeding in getting their financing approved.
So, what's a prospective small business owner to do? If one has the will, there must be a way, right?
When it comes to getting franchise businesses financed, the franchisors themselves are stepping in. (Mostly because they have to.)
But, should they?
Laurie Kulikowski, the small business writer at The Street.com, looks at 5 franchisors that are financing deals. Themselves...
Learn even more about franchise financing. Here