Acquire Funding
When you are looking into buying a franchise, you need to be able to fund the purchase. There are a lot of ways to fund the purchase of a franchise, not just having cash in the bank. You usually won’t have enough cash in the bank to purchase the franchise anyway. So you need to figure out which of the many other ways you are going to fund this new venture. We don’t want to overextend you and our goal is for you to be successful for the entire life of your business. We will help you get the answers to the following questions:
- What do you qualify for?
- What is in your price range?
- What is going to keep you comfortable in the start-up phase?
- What assets can you leverage to help fund your purchase?
Once we have figured out how to fund your new venture, we can get moving on step three, comparing your options.
The Rest of the Steps
Step 1: Start Franchise Shopping
Step 5: Franchisor Introductions
Step 8: Become a Franchise Owner
