What tips do you have for financing a franchise?

The first thing to consider financially, according to Radfield Home Care Franchising, is what capital you have available to invest.

Radfield director Hannah MacKechnie says: “It’s also important to make sure you have sufficient working capital to enable you to cash flow your business, in case it grows more slowly than you expected.

“You should discuss financing options with your potential franchisor, as they may have relationships with certain banks or other lending institutions that could assist you.”