Why Invest in a Phoenix Franchise?
Nationally Ranked Economy
Small Business Association
As you get ready to open your franchise in Phoenix, it’s important to take advantage of all the resources available to you so that you can fully prepare to open and sustain a business. The Small Business Association, or SBA, is a national organization that offers a vast support network and resources to small businesses. The Phoenix office can offer your franchise help developing a business plan, finding sources of funding, and creating a marketing strategy. One of the national SBA’s main goals is to assist small businesses in getting access to funding, especially in underserved areas. In 2014, the SBA 7(a) loan program increased the number of approved loans by 12% over 2013, and increased the dollar amount lent by 7.4%. By lending a total of $19.19 billion in 2014, the SBA helped thousands of small businesses get started, buy supplies, or expand. Even if your Phoenix franchise doesn’t need funding, utilizing the other services that the SBA offers can help your business start out right.
Phoenix is a dynamic and exciting city that has a lot to offer an up-and-coming franchise. With its thriving economy and association with the Small Business Association, investing in Phoenix is a smart business move that will surely take you far. If you’re ready to become your own boss, click this LINK to learn the next step in opening a Fully Promoted franchise in Phoenix.