The Small Business Administration (SBA) is finalizing major policy updates that will have a direct impact on franchise financing. These changes — taking effect with the release of the new Standard Operating Procedures (SOP) on June 1st — will reshape the eligibility process, how brands are listed, and what franchisors must provide to maintain SBA […]
On Veteran Franchising: Last year, a report from the U.S. Small Business Administration showed there were about 2.52 million businesses in the nation mainly owned by veterans. Read more here. In the News: 6 Veterans Rocking their Post-Military Careers [Forbes] Veterans Share their Experiences Transitioning from Military Service to Franchise Ownership [Small Business Trends] LeanFeast […]
Last year, a report from the U.S. Small Business Administration showed there were about 2.52 million businesses in the nation mainly owned by veterans. The report showed small businesses owned by vets employed 5.03 million people and represented 9.1% of all U.S. businesses.[1] Franchising presents a fantastic opportunity for the nearly 2.5 million United States […]