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Want to Start a Business? Maybe You Should Buy a Franchise

AllBusiness.com

In fact, Guidant Financial has gone so far as to dub 2019 the “Year of the Franchise” based on trends in its latest Small Business Trends survey. The SBA recently adjusted its size standards, categorizing about 90,000 more businesses as “small businesses” and making them eligible to obtain small business loans.

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Wendy's Business Journey: From Vision to Success

Franchise Journal

The first franchise I started was Code Ninjas, a coding school, in 2019. It helps me apply for loans more easily. I was able to secure over $300,000 in SBA loans, though the process was long and complicated. I can’t imagine the hardships someone without a tax and financial background might face when obtaining a loan.