What Does One Do When They Don't Have Lots Of "Fluid" Capital? - Franchise Opportunity
by NewBizResearch, Performer
- Created: December 18, 2009, 12:06 am
As I look for opportunities everywhere I can, I always gravitate back to franchises. Perhaps it's because in a lot of cases brand recognition is already established and the marketing is somewhat built into the brand name.
A number of franchises require an applicant to have a great deal of fluid capital, or unencumbered funds, sometimes in the form of $100 - 500K. I'm not broke, but I don't have that kind of money laying around.
Is it safe to say that a lot of people have investors that help them with startup costs? I would think in the case of most people they are entering into pretty serious partnerships for that kind of money, which kind of takes away from the earning potential in my opinion.
Are there ways to demonstrate to franchisers that the franchisee could be successful by securing a business loan rather than needing to have that kind of money at the table?
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