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Determining Total Project Costs for a Franchise Purchase with SBA Financing: A Step-by-Step Guide
Determining Total Project Costs for a Franchise Purchase with SBA Financing: A Step-by-Step Guide
Question: Hi Beau, I'd appreciate your guidance on estimating the total project cost for buying a franchise. Could you also explain the process for calculating the maximum loan amount for working capital? Thanks a lot, Jaspreet
Want to learn more about buying a franchise? Come to our free event on September 26, 2023. Learn more here - http://franchisefastpitch.com
If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
Timestamps:
00:14 - Explaining the importance of the franchise disclosure document
00:20 - Discussing the required elements and costs for the franchise and the recommended working capital for a franchise
00:50 - The process of calculating total project costs, SBA fees, and guarantee fees
01:09 - The role of the FDD in determining total project costs
01:21 - Sources and uses of funds in determining costs
💥 Thanks for watching 💥
#totalprojectcost #buyingafranchise #SBAfinancing
About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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