3 Ways to Fund Your Franchised Business
Did you get your W2 yet? If you’re anxiously waiting to file your taxes to use that cash for something good, we’ve got 3 very good ideas of what you can do with that refund.
What did you spend it on in the past? A survey found that 30% of Americans plan to pay a debt, 28% will save it and 26% will use it for monthly bills.
How about using it to start your own business? Sounds great, doesn’t it? And, it’s doable. Here are 3 ways you can fund your franchised business, starting with your tax refund.
Tax Return – Start off this year on the right foot by taking that money and thinking about investing in your future. Your tax return is a great place to start, so you can take advantage of the next two ways to starting your own business.
Veterans Discounts –Veterans lead in small business ownership Did you know veterans account for one of 10 small businesses in the US? There are lots of military friendly franchisors, and Coverall is one of them. People with military experience are familiar with structured environments and process-oriented methods – two important skills in running a business. Coverall offers qualified Veterans a 10% discount.*
Franchisor Financing Program – Instead of dealing with a business loan through a bank, take advantage of financing through your franchisor. Coverall provides financing for the following items: Initial franchise fee, new equipment, and branded apparel or other business supply purchases.
You could use money for a lot of things, so why not invest it in your future by starting a business? A Gallup poll found that US small business owners would do it all over again. Small business ownership gives you a chance to be independent, have flexibility and create jobs in your community.