Similarly, prospective franchisees require funding to purchase a franchise and make the necessary initial investments in it. Restricted access to traditional sources of funding in recent years has seen a growth in alternative finance sources for new franchise businesses and ventures. In particular, there has been growth in two areas; mini-bonds and crowdfunding.
Undoubtedly these alternative finance sources offer the franchise sector a real opportunity for growth.
Our latest article explains how these alternative financings work and considers the potential consequences of using them for franchisors and franchisees.
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