Financing Your Franchise

Gives advice on how to secure the money to buy any size franchise, from a $10,000 home-based business to a high-priced McDonald's. Included in this guide is information on evaluating a purchase opportunity; recognizing signs that spell trouble; obtaining capital; and preparing a proposal. Franchising represents 35 percent of all retail sales in the United States - and may rise to 50 percent by the end of the century. Yet, while thousands have made the successful jump into franchising, many more never even open shop - usually due to lack of financing. This guide shows how to secure the money to buy any size franchise, from a $10,000 home-based business to a high-priced McDonald's. Included in this book is advice on: evaluating a purchase opportunity; recognizing "red flags" that spell trouble; obtaining capital; preparing a proposal for the lender or investor; and finding out about federal, state and local financing programmes. In addition, readers are given complete contact information for the 50 leading franchise lenders, 500 franchisors who offer direct financing, and 20 lenders who target women and minorities, with full company profiles and valuable working tips. Containing checklists, sample forms and business plans "Financing Your Franchise" should be of value to anyone entering the lucrative world of franchising.