What is the best way for a mother to get a small business loan?
My wife is a certified personal trainer with a masters degree in exercise physiology. She is now wanting to start a small business within this area of interest and I suggested looking into the "Curves" franchise. Startup fees for a new franchise are about $55-60K, and to purchase an existing franchise in our area is about $150-200K. Any ideas of how to go about financing such a venture. I have heard that SBA loans may be a good idea, but any feedback you have would be greatly appreciated. Thanks in advance.
Public Comments
- Quite often a Franchise will help you get funding and know what is available, or which avenue to take. Perhaps get in touch with Curves as they are in the "know" as to what is the most effective and what route others are taking.
