Several Questions on Purchasing a Franchise? Hello, i am interested in Owning a my own store, thats part of a big chain across the untied states. some of the questions i have are: 1). What are the qualifications on getting your first loan from the bank for this. how much would i have to have to get a loan, and how much could i get?. 2). what type of an education do i need. would an associate in Business Administration, or Buisness and management do?. if not what all do you need. 3). On average, How much money do you earn a year from a store you own. ( if your able to, give a few examples- for example mcdonalds(300k) - owner makes about 100k a year. i just made this up). 3) When Investing in your own store in an already established chain of stores, do you always have to build, buy, and hire everything, or can you take over a store already built with employees and everything ready to go. i really know nothing about this, i was starting college in january and i was looking into being a radiologist, but this sounds like its more my type of career. if you know more than i do about this please feel free to email me at Adubeasy@yahoo.com and tell me Anything you want about it. i want to know all i can about it. and im having trouble finding more about it |