How Buying a Franchise is Like Buying a House

Investing in a business is perhaps one of the largest and most significant decisions that one can make. That means it takes research and planning. Sound familiar? Like buying a house?

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Why Financing Early Is Important

Another way that investing in a business is like buying a house is that an aspiring entrepreneur will be proactive in understanding their financing options early in the process. Why is this important?

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• Prequalifying will help a potential business owner to understand what is possible – I encourage my candidates to prequalify so that they know what their upper dollar limit is, even if we never discuss a franchise option that comes anywhere near it. Finding that perfect business and then learning you can’t afford it is like finding the house with the large yard, pool and optimal school district and then discovering that it’s out of your reach;
• Prequalifying will also help a potential business owner understand if they can afford to step away from their primary career and its income stream or whether they should limit themselves to franchise business opportunities where their role will be Owner/Executive or Semi-Absentee;
• Prequalifying also helps to initiate the discussion and education about the range of funding solutions that are available to consider in your unique and personal situation.

Fortunately, I can introduce you to specialist resources who know franchise funding and we hold informational events for you to learn more about funding!?

UPCOMING EVENT: How to Fund Your Business

Mon, February 20, 2023 at 11:00-11:30am CT

Having a clear picture of your options allows you to confidently narrow down what will work best for you. Our premiere funding partner will be on hand to show you the many different ways to fund nearly any type of business situation.

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UPCOMING EVENT: Own A Business That Can Make You A Fitness Legend

Wed, March 1, 2023 at 1:00-2:00pm CT

Join us for our next franchise spotlight featuring a truly innovative fitness concept. This opportunity requires low overhead, staffing, space, and setup costs compared to most boutique fitness outlets. As a business owner, you’ll start off with several advantages that allow you to scale up your operation as you see fit – coupled with comprehensive training and ongoing support you can depend on.?

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If you're unable to make a particular webinar’s time and date, go ahead and register! Many of our webinars are recorded. We’ll send you a link to the full presentation to view at a more convenient time!