Leverage through the SBA: strategies for success: if you aren't taking advantage of the agency's help, your franchise system is missing out.(2007 SUPPLIER SOURCE BOOK)(Small Business Administration)

From: Franchising World | Date: October 1, 2006| Author: | Copyright information

Leverage, in the traditional sense, refers to a factor by which force is multiplied. In the financial sense, it generally refers to borrowed funds. In a way, the U.S. Small Business Administration satisfies both definitions. The SBA provides its guarantee (force) for loans (borrowed funds) made to small-business owners. The result of this guarantee is typically an increased likelihood the small business will be able to obtain financing. So, how can you leverage the SBA to benefit your franchise system and franchisees? First, here is a little SBA 101.

History

The SBA was ...

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