Banks, at their core, are about managing risk, just like any other business.
Sure, there's a whole market out there peddling franchise territories, but those are risky start-ups with a famous name.
There's still no guarantee of sales to base a good decision on.
On the flip side, lenders are more comfortable with certain franchises because they're established;
they've got a proven track record across the country.
This makes them a safer bet, a less risky investment. And in the banking world, that's a big deal.
If you comment "Learn," I'll help you buy your first business in 2024!"
Sure, there's a whole market out there peddling franchise territories, but those are risky start-ups with a famous name.
There's still no guarantee of sales to base a good decision on.
On the flip side, lenders are more comfortable with certain franchises because they're established;
they've got a proven track record across the country.
This makes them a safer bet, a less risky investment. And in the banking world, that's a big deal.
If you comment "Learn," I'll help you buy your first business in 2024!"
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