Most franchise companies require a minimum level of liquid capital to fund a franchise unit. They know that businesses often fail because they are undercapitalized, and they want to be sure franchisees are set up for success.
Franchise Finance: How Much Money Does It Take To Start A Franchise?
5 Reasons Your Corporate Job Security Might Disappear
Financial security. Career stability. On the most basic level it’s what we all work for—the ability to hit the pillow at night knowing we are, and will continue to be, able to provide. It’s easy to think that once you’ve got a corporate job and a substantial paycheck, you’re set. But in this day and age, that’s a myth.
The fact is, the kind of career security and financial stability provided by corporate employers gets more fickle and fleeting with every passing year. As a franchise consultant who’s worked with countless candidates who got caught unprepared by corporate moves that pushed them down or out, I know from experience that if you want true career and income stability, you might want to start thinking about building it for yourself.
Topics: Funding, Mindset, Franchise, How To Build Wealth