Homewatch CareGivers’ Post

Are you starting to look into #franchising but don't know where to begin? Homewatch CareGivers has gathered some of the most frequently asked questions we hear when potential franchisees are considering investing in an in-home care franchise. Click below to learn more! #FAQ #Franchise #HomeCare #SeniorCare #SmallBusiness

Are you overwhelmed with trying to find a franchise? Our team at Homewatch CareGivers gathered some of the most frequently asked questions we hear when potential franchisees are considering investing in an in-home care franchise. Click below to see our FAQ ⬇️ #Franchising #HomewatchCareGivers #Entrepreneurship #BusinessOpportunity

What are the most popular loan programs for franchisees? The popular loan programs for franchise owners, especially ones who are expanding existing businesses, Small Business Administration (SBA) programs are top. For a new start up franchise, it will be important to work someone to get loans for you. I work with companies that specialize is start up franchises on a daily basis. Let me know if you'd like more info. #FranchiseOpportunities #controlyourdestiny #changeyourlifetoday

Franchise dreams? SBA loans can turn them into reality! Have you always dreamed of owning a franchise? The Small Business Administration (SBA) offers loans specifically tailored for franchise businesses. From fast food chains to fitness centers, SBA loans provide the capital you need to start, acquire, or expand your franchise. Research eligible franchises, prepare a strong business plan, and meet the SBA loan requirements. Let's make those franchise dreams a reality! #FinanceTips #BusinessFunding #SBAFunFacts #LoanAdvice #BusinessHistory #StartupLife #MoneyMatters #UnlockPotential #SBA #SmallBusinessTips #FranchiseDreams

We understand how important this question is for starting your business. You may be surprised at what you have available to finance your franchise! We've outlined some of the many ways to secure funding and build your dream. Below are several methods we can look into for you.👀 💲𝟒𝟎𝟏𝐤 𝐑𝐨𝐥𝐥𝐨𝐯𝐞𝐫𝐬 While we typically refer to them as 401k rollovers this type of funding can be achieved from several different retirement investment accounts. 💲𝐔𝐧𝐬𝐞𝐜𝐮𝐫𝐞𝐝 𝐋𝐨𝐚𝐧𝐬 Often referred to as a "signature loan" an unsecured loan is simply a loan that's extended to a borrower based on their good credit and requires no collateral. 💲𝐒𝐁𝐀 𝐋𝐨𝐚𝐧𝐬 While the SBA (Small Business Administration) does not provide loans they will offer a loan guarantee on up to 90% of the loan to qualified borrowers making the loan more attractive and less risky to the actual lender. 💲𝐇𝐨𝐦𝐞 𝐄𝐪𝐮𝐢𝐭𝐲 𝐋𝐢𝐧𝐞𝐬 𝐨𝐟 𝐂𝐫𝐞𝐝𝐢𝐭 Home equity lines of credit can be a relatively low-cost method of funding your franchise. Finding the right plan to help ensure the success of your business can be a challenge. We've partnered with leading funding companies who understand every aspect of the franchise industry. Their expertise can help you find the best-customized options for you! 📱 𝐂𝐎𝐍𝐓𝐀𝐂𝐓 𝐔𝐒 𝐅𝐎𝐑 𝐘𝐎𝐔𝐑 𝐂𝐎𝐌𝐏𝐋𝐈𝐌𝐄𝐍𝐓𝐀𝐑𝐘 𝐂𝐎𝐍𝐒𝐔𝐋𝐓𝐀𝐓𝐈𝐎𝐍 𝐓𝐎𝐃𝐀𝐘! 𝐀𝐢𝐓𝐫𝐢𝐬 𝐅𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 941.356.2574 aitrisconsulting.net denise@aitrisconsulting.net #AiTrisFranchiseConsulting #FranchiseConsulting #FranchiseAdvisor #FranchiseExpert #FranchiseOpportunities #BusinessConsulting #FranchiseDevelopment #FranchiseSupport #FranchiseSuccess #FranchiseCoach #BusinessGrowth #FranchiseBusiness #StartAFranchise #FranchiseStrategy #FranchiseInvestment #BusinessExpansion #VeniceFlorida #VeniceFlFranchise #FloridaFranchises #FloridaFranchiseConsulting

Can I fund a franchise, where do I get the money? Funding a franchise is a critical step in the journey to entrepreneurship, and fortunately, there are several avenues available to prospective franchisees. Understanding these options can help you secure the necessary capital for your franchise investment. Here are a couple options to think about: 1. The Small Business Administration (SBA) offers loan programs designed specifically for small businesses and franchises. SBA loans are known for their competitive terms and rates, but they do require applicants to meet certain qualifications and provide collateral in most cases. 2. Banks and credit unions provide loans to finance franchise purchases. Obtaining a bank loan typically requires a strong credit history, a solid business plan, and sometimes collateral. If you're considering franchising, selecting the perfect funding option is crucial for success. With 29 years of experience and a track record of helping countless individuals thrive, I'm here to guide you through the process. Let's assess your financial situation, risk tolerance, and franchise needs together. Don't navigate this journey alone—reach out via call, email, or text, and let's chat! Your success story starts here. #FranchiseFunding #BusinessSuccess #ExpertAdvice

Unlocking the Secrets to Franchise Financing: Expert Insights from Nick Avena We’re excited to share a valuable resource for anyone in the franchising world or considering entering it. We’re sharing an insightful video featuring Nick Avena, President of Franchise Funding Solutions and a seasoned expert in the franchise industry. In this comprehensive guide, Nick offers his expertise on the often complex world of franchise financing. He covers: 1. The intricacies of the franchise lending process 2. Essential qualifications buyers need for various lending options 3. Strategic approaches to securing a franchise loan 4. How FMS Franchise facilitates connections between franchisees and financing resources You can watch the full video here: https://lnkd.in/gt3Yu6Dw We’d like to hear from our network: • What challenges have you faced in securing franchise financing? • For those in lending or finance, what trends are you seeing in franchise funding? • How do you think the landscape of franchise financing might evolve in the coming years? For more information on franchise funding solutions, visit: https://lnkd.in/gXmfyfXF #FranchiseFinancing #BusinessStrategy #EntrepreneurialInsights #FranchiseGrowth

As a way to help you pay your franchise fee, we have different funding options available for our prospects and franchisees. These options include Start-Up Loans, Private Lenders, Credit Balance Transfer options, and other solutions.    The solutions available differ for each potential franchisee, based on their credit score and eligibility. In order for us to help find the correct option for you, our finance team will take a look at your credit report and history. Want to find out more? Get in touch today! #businessowner #startupfunding #franchise

When it comes to funding a franchise, two common strategies are SBA loans and 401k rollovers. SBA Loans: These government-backed loans provide flexible financing for franchise purchases, covering 80-90% of the total cost. For a $300,000 franchise, a down payment between 11.1% and 30% is typically required.* SBA loans are ideal for individuals with a credit score of 680 or higher. The down payment can be used toward franchise fees and other startup expenses, making it a popular option for many entrepreneurs. 401k Rollovers: A 401k rollover allows you to use your retirement savings to fund your franchise without early withdrawal penalties or taxes. This strategy can offer significant tax advantages while giving you the ability to actively invest in a franchise. By converting your 401k into a working asset, you have the potential to grow your investment while minimizing risk. Both funding strategies offer unique benefits depending on your financial situation and long-term goals. SBA loans provide access to large amounts of capital with favorable terms, while 401k rollovers let you tap into existing retirement funds without incurring tax penalties, allowing you to take control of your financial future. With franchise opportunities starting around $100,000 and typical down payments of 20-30%, aspiring franchise owners have several options to consider when exploring financing solutions. Ready to explore your options? Schedule a time to meet with me. https://lnkd.in/gVRJnus #bettercallpaul Disclaimer: The content provided in this post is for informational purposes only and does not constitute financial, legal, or business advice. The strategies and opinions expressed are based on personal experience and are not guaranteed to result in specific outcomes. Investments in business ownership, including franchises, involve risks, and there are no guarantees of success or financial returns. This content does not guarantee approval for a loan or other financial products. Certain conditions apply, and it is recommended that viewers seek independent advice from qualified professionals before making any investment decisions. #franchiseeducation #franchisefunding #sbastrategies #401krollover #franchiseownership #choosefranchise #fundingoptions

Top Three Funding Sources for Starting a Small Business Note that this chart refers to "small businesses" in general rather than specifically franchises. At FranFund, where we primarily focus on franchise funding, our data shows that Retirement savings (using ROBS) and SBA loans are nearly equal, each constituting about 50% of the top two sources. Personal savings and HELOCS follow as the third and fourth most common sources. The SBA lenders in our portfolio recognize the high-value proposition of a franchise system and are willing to lend to qualified borrowers. The ROBS (Rollover for Business Start-up) is a particularly ingenious and popular funding method that has been long-popular in the franchise industry.