Franchising Is Safer for Lenders and Entrepreneurs When They Use the Right Tools to Make Better Choices
Jerry Chautin
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Posted 09.17.2012
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Small Business
Read More:
Franchise,
Small Business Loans,
Startup Restaurants,
Restaurant Franchises,
Restaurant Owners,
Small Business Lending,
Small Business Financing,
Small Business News
I financed several start-up restaurants when I was in the commercial mortgage banking business. All of the non-franchised restaurants failed within the first two years. So I studied the restaurant failures to better understand what it takes to underwrite them successfully.
