No Money Down: Financing for Franchising (Psi Successful Business Library) [Paperback]

Roger .C. Rule (Author)

Book Description

Publication Date: October 1, 1998 | Series: Psi Successful Business Library

Whether you are considering starting a business or are already underway, No Money Down Financing for Franchising is a comprehensive tool that can help you reach the height of your business dreams. It explores every resource available for franchise financing, including many methods that require no money down. It explains the vital points that will help you put your best foot forward when seeking funding.

Broken down into three logical steps, No Money Down Financing for Franchising covers all of the information you need to put your plan into action.

* Part One reviews the preliminaries of financing as a prospective franchisee - rating your credit, developing financial statements, and understanding the necessary investment requirements.

* Part Two is a unique in-depth study of how to develop your franchise business plan. How to combine all the elements of your business plan - from franchise summary, business objectives and marketing plans to management qualifications - with your franchisor's successful history to create one cohesive business plan.

* Part Three covers sources of equity or debt financing, and sources of franchisor financing. In addition, it covers how to professionally package your proposal, set up an appointment, and give a winning presentation.

While the appendices give source names and contact information, Appendix F is a unique, comprehensive listing of all the franchisors that have reported to provide financial assistance.

Editorial Reviews

Review

"... approved as the textbook for the course Financing for Franchising in our Certificate Program in Franchising." -- Richard G. Patterson, California State University, Stanislaus

"...approved as the textbook for the course 'Financing for Franchising' in our Certificate Program in Franchising." -- Richard G. Patterson, Director of Community & Minority Affairs California State University, Stanislaus

...the most helpful book I've ever read on developing a franchise business plan and seeking financing for a franchise outlet. -- Eileen Lacerte, Former Owner, Century 21 Lacerte & Associates

About the Author

Roger C. Rule is a graduate of the University of Missouri and a published author of other authoritative books. After serving as an airborne officer in the U.S. Army, he started a real restate development business, becoming a self-made millionaire in four years. He owned a Century 21 franchise in California with his wife until retiring to Hawaii, where he currently resides and pursues his first love of writing. He is also the author of The Franchise Redbook.

Product Details

• Paperback: 240 pages
• Publisher: Oasis; 1 edition (October 1, 1998)
• Language: English
• ISBN-10: 1555714625
• ISBN-13: 978-1555714628
• Product Dimensions: 10.8 x 8.4 x 0.7 inches
• Shipping Weight: 1.4 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #2,930,005 in Books (See Top 100 in Books)
  • #62 in Books > Business & Investing > Small Business & Entrepreneurship > Franchises

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Customer Reviews

Most Helpful Customer Reviews

20 of 20 people found the following review helpful:

2.0 out of 5 stars Title Doesn't Match Contents, October 22, 2002

By 

"altemir3" (San Angelo, TX United States) - See all my reviews

This review is from: No Money Down: Financing for Franchising (Psi Successful Business Library) (Paperback)

This book is well-written, concise, and offers the uninitiated a good introduction to franchise planning and financing. However, I was disappointed that this is not really a book about "No Money Down Franchise Financing" at all. The first half of the book talks about basic business plan development and the second half talks about different sources of financing. But it approaches the issue of financing at a very, very basic level. In my opinion, a lot more attention should have been given to describing what lenders really look for and how to effectively structure your balance sheet, partnerships, etc. The section on SBA loans, for example, is dreadfully thin and, what's more, I have not found anything in this book that really truly explains how to get "No Money Down" financing. The issue of collateral is only briefly touched upon (a major obstacle for most borrowers). In summary, this a good business planning book for beginners, but a creative financing book it is not.

10 of 17 people found the following review helpful:

5.0 out of 5 stars great info on getting money for franchising, June 5, 1999

By A Customer

This review is from: No Money Down: Financing for Franchising (Psi Successful Business Library) (Paperback)

this book gives a good explanation of the ins and outs of starting and paying for a franchised business. great ideas for anyone looking to start a sure-fire successful business.

10 of 20 people found the following review helpful:

5.0 out of 5 stars I really enjoyed this book., July 19, 1999

By A Customer

This review is from: No Money Down: Financing for Franchising (Psi Successful Business Library) (Paperback)

Very helpful. To the point. Nicely organized with real help for starting and planning a franchise.