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How to raise money for your francise
There are many benefits for owning franchise business.
In this page, I will list a couple of major downsides of running franchise business.
FRANCHISE Downside NO1.Some people just don't like to follow someone else’s directions. They want to do it their own way. For this kind of person, a franchise may not be the right business.
Some people may be more like entrepreneur types and don’t mind creating their own businesses from the beginning with all the problems, error and eventual success. It sounds like a lot of things to do and it can be more risky if you choose to start your business alone, however, returns can be enormous. You can gain not only knowledge and experience but also the satisfaction of owning a business that you are truly created from the beginning and took to the top.
FRANCHISE Downside NO2.It costs a lot of money for start up.
As you look at the graph, notice it can require a large amount of capital to start. Some people are able to start a franchise with inheritances, insurance money and personal finacing. But what do you do if the money is not easily available to you?
In how to raise money for franchise, there are some ways that you can raise money for your business. It's free business information and surely worth your time to read it.Top franchise
| Ranking | franchisor description |
start up cost |
| 1 | 7 eleven Inc. convenience store |
varies |
| 2 | subway sandwiches, salad |
$76,1000-227,8000 |
| 3 | dunkin donuts coffee, doughnuts, baked goods |
varies |
| 4 | pizza hut pizza |
$1.1million-1.7million |
| 5 | mcdonalds hamburgers, chicken, beef, salads, sweets |
$506,000-1.6million |
| 6 | sonic drive in restaurants drive-in restaurant |
$820,000-2.3million |
| 7 | kfc chicken |
$1.1million-1.7million |
| 8 | inter continental hotel hotels |
varies |
| 9 | domino pizza pizza, breadsticks, buffalo wings |
$118,5000-460,3000 |
| 10 | REMAX real estate |
$35,5000-197,000 |
Owning your own business is too risky for you? You can make some extra money as your sidebusiness.
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