Let's Talk Money! How to Fund Your Franchise

Welcome to the Franchise Founders Podcast. We are on a mission to help aspiring entrepreneurs just like you take action through franchise ownership allowing you to obtain more financial freedom, time with family, and ultimately, a business that can run on its own without you.Dan Claps has co-founded several franchise development firms and currently runs The Franchise Playbook. Christian Dadulak is a successful Franchise Consultant and runs his independent Franchise Consulting business, The Franchise Guys. In this episode, Dan and Christian do a deep dive into the world of franchise funding with Tera Thomas of FranFund. Tera has an extensive background in franchising, both as a customer service rep for a franchise as well as a franchisee...all before becoming a franchise funding consultant. Her wealth of knowledge is a huge asset to those considering investing into a franchise and becoming an entrepreneur. We get into multiple funding strategies such as SBA Loans, the ROBS Strategy (401k rollover), securities-backed lines of credit and portfolio loans, HELOC's, and even how to blend these strategies together. Making sure your business is funded properly is just about as critical as selecting the right franchise opportunity, so this is an episode that can't be missed! Tune in to discover different strategies to finance and fund your business.