What to Know About Franchise Financing

What to Know About Franchise Financing

Buying a franchise has become a highly popular way for entrepreneurs to get into their own business. Franchising is a huge industry, featuring about 3,000 different franchised brands. There were an estimated 806,270 franchise establishments in the U.S. in 2023, with...
What is Microfinance in Business? 

What is Microfinance in Business? 

It costs money to start and run a small business. Thus, securing adequate financing to enable an enterprise to operate successfully and grow is one of the first and most important actions an owner must take. However, securing financing is often difficult for new and...
3 Ways Emotions Impact Financial Decisions 

3 Ways Emotions Impact Financial Decisions 

Making smart financial decisions is essential for achieving business success. As Henry Ford stated, “Make wise financial decisions today for a successful tomorrow.” American author Wilfred A. Peterson offered this: “Decision is the spark that ignites action. Until a...
Understanding Debt Financing

Understanding Debt Financing

Debt is essentially a fact of life for businesses. Perhaps the biggest challenge that they face is securing enough capital to operate and grow. Lack of capital is one of the biggest reasons for business failure. For that reason, an estimated 56% of businesses seek...