“The Million Dollar Question”

Posted on by Mark Fernandez

Should I Borrow More Money to Invest in a More Expensive Franchise?

One of the many questions that I am asked is ‘whether or not someone should borrow more money and buy into a more expensive franchise system or just to buy a franchise with my existing cash reserves?’ This is the million dollar question!!!! It really comes down to a few key areas and it may not always be that the more money you invest the higher the returns.

In essence you are the only one that can make your own decision on how much capital is required to invest into your next business. Whether you are investing 100% of your own funds or you borrow more money to purchase a business you need to seek the right advice from your accountant, lawyer and business advisor prior to signing on the dotted line.

For more information click here to contact Mark Fernandez

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