Financing your new franchise

One of your biggest questions answered: how much will a franchise cost me?

It won’t surprise you to learn that the cost of a franchise can vary. Every package is different and every franchisor has different costs it needs to cover.

You’ll also need to think about what else you need to spend to get your business up and running. For example, starting a one-person business where you work from your own truck providing a service will cost you so much, but launching a restaurant will mean a much bigger investment.

You might also need to invest in hiring staff or buying inventory, etc., and also make sure you have enough working capital to tide you over until the business starts making serious money – which, hopefully, won’t be long!

There’s a lot to think about. Understanding exactly what financial commitment is involved is a huge part of how I can help you. I’ll help you avoid any surprises down the line so you’ll be 100% prepared for success.

Finding the money could be a lot easier than you think

You’ll still need a certain amount of your own money, of course, but you’ll be pleased at just how many options are out there for helping you finance your dream.

Depending on your circumstances, you could look into several ways to raise capital, including 401k rollovers, home equity lines of credit, and a variety of different small business loan options. There’re also some truly fantastic incentive programs out there for veterans and emergency first responders.

Getting your finances right is just as important as choosing the right franchise… and I can help with that, too! I’m happy to go into more detail about your options, and even put you in touch with some people who can help.