When Is the Best Time to Open Your Next Franchise Location?
As the business owner of a successful franchise, you may be wondering how to increase profits. One of your options is to open a second franchise location, which leads to the big question: “Is NOW the right time to expand your business?” “Is there a ‘right’ time?” What’s The Best Time Of Year To OpenRead More
How to Get Franchise Loans with Bad Credit to Expand Your Business
Opening a second or third franchise location can be one of the most profitable opportunities for franchisees – albeit expensive. Many franchisees seek financing to help them get the funds they need to expand. This can be difficult for franchisees with bad credit, as qualifying for franchise loans through traditional lenders requires near-perfect FICO scores.Read More
Pros and Cons of Investing in a Franchise
Investing in a franchise can help you become a business owner who is part of an industry worth approximately $2.1 trillion. With an estimated 900,000 franchise businesses in operation, it’s easy to assume that investing in a franchise is a safe way to grow your wealth. But is investing in a franchise really as simpleRead More
Investing in Franchises: 5 Tips You Need to Know Now—Not Later
According to data compiled by Statistica.com, the number of franchise establishments in the U.S. climbed to 745,078 in 2017 — the fifth straight year of increases, and a 6.75% rise from 2013. Now’s the time to invest in a franchise! If you’re considering joining the ranks of successful franchisees, then there’s a good chance thatRead More
The Real Reason Why Toys “R” Us is Closing
This blog post was last updated on October 10, 2019 to include new information about Toys R Us selling products through eCommerce and Target. Toys “R” Us Teams Up With Target For eCommerce Sales Toys “R” Us recently launched an updated eCommerce store before opening new retail stores later this year. This new website includesRead More
3 Franchise Financing Options to Power Your Business Ownership Dream
Each year, hundreds of thousands of people from all walks of life and backgrounds bring their business ownership dream to life by purchasing a franchise. If you are thinking of following that well-forged path to personal satisfaction and profitable success, then here are 3 franchise financing options to consider:
Restaurant Franchise Financing 101
Many people across the country — and from all demographic categories and walks of life — dream of being at the helm of their very own restaurant; either as an active part of the team, or as a more hands-off investor who stays in the background and delegates accordingly.
3 Ways that Franchise Loans Can Launch & Grow Your Business
The number of franchises in the U.S. is on the rise — and it’s easy to understand why. Implementing a proven business model, leveraging established brand equity and marketplace visibility, and getting ongoing support on everything from supply chain management to marketing are all major assets. 3 Ways that Franchise Loans Can Launch and GrowRead More
Borrower Beware: Here’s Some of the Worst Advice You’ll Find on Franchise Financing
If you’re a regular visitor to the National Business Capital blog, then you know we like to focus on solutions here. However, every now and then we find it more helpful to warn business owners about what they shouldn’t do instead of suggest what they should do. And that brings us to the sometimes murkyRead More
3 Things to Watch Out for When Assessing Various Franchising Loans
If you have the drive and determination to run your own business, but would prefer to trade some control and potential profitability for added support and reduced risk, then a franchise might be the ideal opportunity. However, franchise fees typically start in the 5-figures for smaller operations, and run into 6 and 7-figures for moreRead More