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Explore Your Financing Options During Difficult Economic Times
If you’re considering your franchise ownership options, you’ll need to decide how much money you’re willing to invest in your new business. Most franchises, big or small, require some amount of cash down when a new franchisee plans to purchase a business. Regardless of total investment, some franchisors require that prospective franchisees possess a large amount of available cash, while others require less liquid capital to cover the initial investment. Unless you have enough cash to completely cover the initial investment, you will definitely need to find a source of funding in order to purchase your franchise. more

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