How to Fund Your Franchise: SBA Loans, 401(k) Rollovers & More | Michele Simones

OCT 13, 202631 MIN

Description

Dreaming of owning a franchise but wondering how you'll pay for it? You may have more financing options than you realize! In this episode of Powered by Franchising, host Laura Rolfe welcomes Michele Simones of Guidant Financial to explore the different ways aspiring entrepreneurs can fund their franchise investment. From SBA loans to Rollovers for Business Startups (ROBS), Michele helps demystify the financing process and explains why understanding your funding options is an important step toward business ownership. In this episode, we explore: SBA loans and how they can help finance a franchise purchase. Rollovers for Business Startups (ROBS) and using eligible retirement funds to invest in a business. Other financing options available to aspiring franchise owners. Why your financing strategy should be part of your franchise discovery process. How to begin evaluating funding solutions that align with your financial goals. Whether you're considering your first franchise, exploring a career transition, or planning your next business venture, this conversation offers valuable information to help you move forward with greater confidence. Ready to explore franchise ownership? Connect with Laura Rolfe at Mint Franchise Consultants for complimentary franchise consulting: https://link.franflow.io/widget/bookings/business-ownership-call Learn more about Guidant Financial: https://www.guidantfinancial.com/ Powered by Franchising — Unlock the Power of Franchising! Financing involves risks. Loan approval is not guaranteed, and retirement funds invested in a business may be lost. Consult qualified financial, tax, and legal professionals before making investment decisions.