Aspiring entrepreneurs purchase franchises for a number of compelling reasons. They often come with instant brand recognition, franchisees receive certain types of operating support from the franchisor, processes are already in place and they can generate an immediate revenue stream.While these benefits are enticing, there are certain factors to...
The payoffs to turning a business into a franchise include increasing awareness of your brand and scaling up on a regional, national or even international level. The prominence of franchises has grown as an increasing number of people realize the advantages ownership offers. There are over 900,000 franchise businesses...
The Pros and Cons of Buying a Franchise You are ready to become a business owner, but believe you lack the capital, time or resources to create and grow a brand new company from the ground up. Purchasing an existing franchise may be a great solution for you because it would...
Combine the independence and control of running your own business with the stability, infrastructure and resources of a large corporation, and what do you get? A franchise.Opening a franchise is an undeniably gratifying and exciting experience. Covering the associated costs with a business loan appropriate for your situation will...
What Is A Commercial Property Bridge Loan? Commercial property bridge loans are a short-term loan used in the real estate industry by flippers, developers and property investors that gives the property owner enough time to finish the remaining tasks.These tasks involve improving the property, finding a new tenant, or selling...