Unconventional Funding

Judging by its dominant role in today's marketplace, creating a franchise has certainly become a very attractive way to grow a business. Unfortunately many of our franchise clients are experiencing a decline in store openings this year and it's not for lack of interest from potential franchisees.

While optimism is building in Washington and on Wall Street, conventional sources of business funding still remain tight. Many of these interested potential franchisees are having trouble finding the money to open their own franchise.

Unconventional times call for unconventional solutions and financing will no doubt be the topic of many conversations that happen at this week's International Franchise Expo in Washington, DC. (F.C. Dadson will be at Booth 353 if you want to stop by and say hi.) With a show floor full of qualified leads, all the exhibitors --franchisors and industry suppliers alike-- will be eager to find financing options for prospective franchisees.

And if you happen to be someone who is looking for alternative funding options, Jeff Elgin offers up 5 in this article on Entrepreneur.com.