Here’s a quick review of the most popular ways businesses get financed: Savings The first and most obvious option is to look at your (non-retirement) savings. If you have mutual funds and other liquid investments, you can liquidate (taxes will be incurred) and apply towards your franchise. Many people feel more secure investing in […]
People decide to invest in a franchise for a variety of reasons: they want to be their own boss; they’re looking to embark on a new career path; they’re hoping for more financial independence. The reasons are many and the allure of owning your own business is strong. As long as […]
For anyone who is looking to become a business owner, owning an existing business or franchise may seem like the “easy” way to go about it. But if you think that investing in a business is going to save you the hard work that goes with owning your own business, you’re […]
This article is from the Founder of BNI, Ivan Misner, Ph.D., one of, if not, the most successful networking groups in the world. People who know me would tell you I’m not much of a “new-age” kind of guy. I’m an author and businessman who started a company that now does […]