http://everyfranchise.com/franchise-news/index.php/2009/09/lenders-hesitating-to-back-new-franchises/ News about franchises, franchisors, franchisees and franchising in general Wed, 21 Sep 2011 15:38:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://everyfranchise.com/franchise-news/index.php/2009/09/lenders-hesitating-to-back-new-franchises/comment-page-1/#comment-85 Michael Mon, 21 Sep 2009 02:54:34 +0000 http://everyfranchise.com/franchise-news/?p=662#comment-85 Good pertinent comments Martin. Many potential new franchisees do not spend enough time finding and talking to existing franchisees. It is almost as if they are afraid of finding out information that will undermine the confidence they have in their franchise of choice. Or perhaps it is more a case of believing that they can succeed even where others can not. Good pertinent comments Martin.
Many potential new franchisees do not spend enough time finding and talking to existing franchisees. It is almost as if they are afraid of finding out information that will undermine the confidence they have in their franchise of choice. Or perhaps it is more a case of believing that they can succeed even where others can not.

]]> http://everyfranchise.com/franchise-news/index.php/2009/09/lenders-hesitating-to-back-new-franchises/comment-page-1/#comment-81 Martin Schultz Fri, 18 Sep 2009 00:14:46 +0000 http://everyfranchise.com/franchise-news/?p=662#comment-81 There are franchises and there are franchises. Some give franchisees use of a name, and sell them some equipment, and little else. Others provide turn key systems including proven successful marketing and selling systems. Their systems work if franchisees just work the systems. Under today's conditions, prospective franchisees would be wise to avoid franchises that don't provide proven successful marketing systems. Regardless of whether they can get SBA financing. And particularly if they have to resort to their 401(K)s to buy and start. There are franchises and there are franchises. Some give franchisees use of a name, and sell them some equipment, and little else. Others provide turn key systems including proven successful marketing and selling systems. Their systems work if franchisees just work the systems. Under today’s conditions, prospective franchisees would be wise to avoid franchises that don’t provide proven successful marketing systems. Regardless of whether they can get SBA financing. And particularly if they have to resort to their 401(K)s to buy and start.

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