Franchises are an attractive way to get into a new business. They come with brand recognition, advertising power, and vendor contracts already in place. Depending on if you buy an existing franchise location or start your own, it may even come with trained staff. But...
The lending landscape is always changing, and it’s not always easy to see what’s coming around the corner. Even those who keep a close eye on the economy can be caught by surprise. For example, few were prepared for the housing bubble collapse in the late...