It is one option. The recent credit crunch has reduced the availability of franchise financing, for sure.
Will you risk a portion of your retirement funds to start your franchise business?
I guess it depends on just how bad you want to get into a business of your own. (Or, just how bad you don't want to "work for the man," anymore)
With most major banks still not very enthusiastic about loaning money to terrific future franchise owners, (like you) is there a way to increase your chances of getting that all important small business loan?
We just launched our new "Executive Model" franchise offering, and we think that it's worth checking into...
One of the top bloggers in our industry, and a guy who I've recently come to know, The Franchise King®, just posted an announcement about our new model. (He's helping us with some of his unique content marketing strategies.)
Here's his view of our new franchise model;
Here's some interesting and even uplifting data, concerning small business start-ups. It's a welcome bit of news to what's been a pretty tough economic climate.
From Small Business Trends;
"Given the state of the economy, it should come as no surprise that just about everybody is interested in economic development. When you reduce it to its simplest terms, you get that “jobs, jobs, jobs” that all the politicians have been yelling about. So the release of two research reports by the SBA Office of Advocacy have been particularly timely."
Go to www.SmallBizTrends.com for the numbers...