Franchise Direct Blog
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Qualifying for a Franchise: 6 Steps to Build Net Worth
It's no big secret: A higher net worth helps you achieve your franchise ambitions more efficiently. Here's 6 ways to raise yours for a more attractive franchise application.
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Q&A with Franchise Financing Expert Frank Gallagher
Franchise financing expert Frank Gallagher answers some questions on the state of the current franchise lending environment and how prospective franchisees can better prepare themselves to apply for credit.
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How Bad Credit Impacts Your Ability to Buy a Franchise
Similar to large purchases that can require financing, like buying a house or car, opening a franchise can be impacted by your credit score.
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Loan Expectations for First-Time Franchisees
The loan process can be daunting, especially for a first-time franchisee. Increase your readiness for the process by reading this post.
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7 Questions to Ask Before Financing Your Franchise
Before going to a bank or other lender for franchise financing, prepare yourself by answering these seven questions first.
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Franchises Failures Do Happen – Usually for These 8 Reasons
No business is free from risk, but knowing where weak spots appear most often will help reduce the likelihood of failure.
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What’s the Big Deal About Net Worth When Buying a Franchise?
When researching franchises, you'll come across a number of financial requirements. For many franchises, one is net worth. This is how net worth is used within the franchise buying process.
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Opening A Franchise: A 3-Step To-Do List
Beyond the research phase, these three steps will have the most impact on how much time it will take to open your franchise.