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July 27, 2007, Newsletter Issue #74: Restaurant Franchises
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Tip of the Week
There are many different kinds of restaurant franchises with prices varying considerably. Some franchise directories allow you to search by investment costs in order to narrow down your search. You may also borrow part of the investment cost if you have a solid track record and a good business plan. You might even want to consider a partner opportunity, partnering with someone who has some money and expertise to add to the plan. Also, some restaurant franchises offer a variety of concepts you can choose from that all operate under the same umbrella. You can pick the concept that suits your budget and interest. Check the Small Business Administration for help in getting started.
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