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Buying a Franchise with Bad Credit - Usually, it's easier to get a bank loan to buy a franchise than it is to start your own business, but that doesn't mean it's easy if you have poor or bad credit. Franchisee prospects should consider a microloans. |
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The Franchise Buying Guide - When you buy a franchise, you often can sell goods and services that have instant name recognition, and get training and support that can help you succeed. But purchasing a franchise is like every other investment: there’s no guarantee of success. |
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Franchise Fees and Expenses - Your initial franchise fee, which will range from several thousand dollars to several hundred thousand dollars, may be non-refundable. You may incur significant costs to rent, build, and equip an outlet and to buy initial inventory. You also may have to pay for operating licenses and insurance, and a “grand opening” fee to the franchisor to promote your new outlet. |
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