Net Worth Requirement
Net Worth Requirement
What's Net Worth, and Why Does It Matter for Franchising? Dreaming of owning your own franchise? Fantastic! But before you start envisioning that grand opening, understand this: your net worth is crucial. It's the key that unlocks many franchise opportunities. Franchisors aren't just looking for enthusiasm; they need assurance of your financial stability. A strong net worth signals your capacity to invest, manage expenses, and withstand unforeseen challenges. It demonstrates your commitment and reduces the franchisor's risk....