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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.”
- On what grounds can a franchise agreement be terminated?
- Is it true that franchisors do not amend their franchise agreements?
- Why do franchise investment levels vary so much?
- How has the franchise industry performed during the past 12 months?
- Can I sell my franchise if things don’t work out as planned?
Want to be your own boss? Start today!
A preschool dance program that explores 16 different dance styles ... find out more£4,995 Minimum Investment
Relooking is a beauty franchise, offering a variety of skin care and anti-aging treatments... find out more£18,000 Minimum Investment
Sweets and Treats Vending is a confectionery distribution franchise company... find out more£9,950 Minimum Investment
SuperGreen Solutions is an advisor, supplier, and installer of energy-efficient solutions to… find out more£178,000 Minimum Investment
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