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Want to Own Your Own Business? Consider a Microfranchise

AllBusiness.com

in 2023, with an economic output of around $860 billion. If you can demonstrate a need for funds and a sound business purpose, you may be eligible for a 7(a) loan. Franchising is an increasingly important part of the American business landscape. There were about 800,000 franchise businesses in the U.S.

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Wendy's Business Journey: From Vision to Success

Franchise Journal

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. The “aha” moment that keeps me in entrepreneurship is focusing on my vision.

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Ro Khanna: A Progressive Voice in American Politics

Franchise Journal

million families, own a pet, according to the 2023-2024 National Pet Owners Survey conducted by the American Pet Products Association (APPA). increase from 2023. They ask about upfront costs, but also about financing options like SBA loans or leveraging their 401k. households, or about 86.9 In fact, as of 2024, 18.8