In the past two years, the world has changed in ways it never has before. COVID-19 changed many perceptions of what work and life balance should be. Many people have realized that they are tired of being a “hamster on a wheel,” working for a large corporation or a private company. By Chris Fuller
When it comes to applying for a small-business loan, there are endless options, but an unsecured loan typically is the best one for franchisees. An unsecured loan is any loan from a lender that is based only on the applicant’s creditworthiness. There is no collateral to back the loan. By Chris Fuller
In the past two years, the world has changed in ways it never has before. COVID-19 changed many perceptions of what work and life balance should be. Many people have realized that they are tired of being a “hamster on a wheel,” working for a large corporation or a private company. By Chris Fuller
CONGRATULATIONS! You have decided to step into the world of entrepreneurship and become a franchise owner. You will soon be faced with what can seem like an overwhelming number of choices – everything from how to market your business to where to find employees. By Dan Pace
At Tenet Financial Group, we like to tell our clients that franchise funding is not “one size fits all.” Because of our deep knowledge base and experience, we can attest to this statement and actually create opportunities for franchise buyers to understand every available option through our consultative approach. By Jodi Rowell
Some may think of this question as the proverbial ‘chicken or the egg’ dilemma. But, the answer is quite simple: one should consider both the franchise and financial options at the same time. By Diane Rosenkrantz
Making sure your business is adequately funded from day one is incredibly important for home-based and mobile businesses. Not having enough capital creates inefficiencies that can negatively impact your business right from the start. By Diane Rosenkrantz
If you are among the many entrepreneurs using a Small Business Administration (SBA) loan to fund your business, you are already familiar with the loan approval process. Getting your loan approved is a great first step, but getting your funding in hand requires a successful loan closing. Make sure you understand what is required to close/fund the loan early in the process. By Sherri Seiber
You probably know what a credit score is, but do you know how to protect it? By understanding what affects your score, you can make better decisions that ultimately increase the loan amount for which you qualify. Take a look at our list of credit do’s and don’ts. By Sherri Seiber
Owning a franchise can be one of the most rewarding and exciting experiences of your life. Like many other major purchases, it usually requires financing. By Sherri Seiber