Franchise advice – with comparethefinancialmarkets.com
There are thousands franchises available, to suit all sizes of investment. As with any business start-ups, they require initial capital. Considering investing in franchising opportunities? First, you need franchise advice. If it’s an investment of a few thousand pounds, or over a million, visit www.comparethefinancialmarkets.com for free franchise advice.
Franchise advice – the right choice
There are many franchising opportunities open to investors. But, in the minefield that is the franchise industry, accurate and knowledgeable franchise advice is vital
Franchise advice – specialist banking
Looking to finance your franchise business? A franchise specialist bank is vital.They give the best franchise advice, evaluate franchises, and monitor the ongoing performance of franchisees. Preferential terms are often available, particularly for well-established and proven franchising opportunities, whereas banks without franchise units ordinarily treat franchises in the same fashion as a new, independent start-up enterprise.
Franchise advice – finance
The level of finance advice available from a franchise specialist bank depends on the franchise opportunity – and the strength of your business plan. A bank will typically lend up to 70% of total start-up expenditure, including working capital, for an established franchise. Less proven franchising opportunities can expect less so taking franchise advice is imperative. The bank will almost certainly require security for the loan, usually a residential property with sufficient equity.
Franchise advice – methods of finance
Investors who lack the usual security credentials can apply for the Government-backed Enterprise Finance Guarantee Scheme that supports franchise opportunities – but only in conjunction with a solid business proposal.Banks will require a solid business plan in order to consider financial support for your business. Being able to demonstrate an understanding of your chosen market, and the ability to meet the financial commitment you are undertaking – as well as investigating standard franchise advice – is an absolute must.
There are thousands of UK franchise opportunities available, so careful consideration is a must.Talk to the experts. Apply online now.
As with any business start-up, adequate finance is required, not to mention an in-depth knowledge of the sector, and the potential pitfalls and stumbling blocks. Thorough research is an absolute must and professional advice is invaluable.
At Compare the Financial Markets we understand the franchise business and can provide the information you require to make a success of your franchise choice.
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