Want to Own Your Own Business? Consider a Microfranchise
AllBusiness.com
MAY 30, 2024
Franchising is expected to add 221,000 jobs in 2024. If you can demonstrate a need for funds and a sound business purpose, you may be eligible for a 7(a) loan. But you must meet SBA’s standards for being considered “small” within your particular industry, and you must have reasonable equity in the business to qualify for an SBA loan.
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